The global assistive technologies for visually impaired market size is likely to project a CAGR of 8.7% during the forecast years 2021-2028. The loss of vision that cannot be restored by refraction glasses is referred to as a visual impairment. There are a variety of eye illnesses that can cause vision problems. Braille watches and braille printers, video magnifiers and other devices for reading and writing with low vision, screen readers for blind persons, and screen upgrades for low-vision computer operators are some of the major assistive technologies for people with vision impairment or blindness.
The present and future assistive technologies for visually impaired market progress is summarized to conclude the attractiveness of the entire market. The growing awareness of assistive technologies for the visually impaired is one of the primary factors driving the growth of the market. Growing demand for braille devices for educational purposes, government initiatives to bridge the gap between the visibly abled and disabled along with rise in the enrollment of visually impaired students in blind schools are other major drivers contributing to industry expansion. However, stringent government controls and the high cost of high-tech innovations may hinder industry growth.
Adroit Market Research report on global assistive technologies for visually impaired market gives a holistic view of the market, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for the period 2019 to 2028, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global assistive technologies for visually impaired market have been studied in detail.
Based on product, the assistive technologies for visually impaired market is categorized into educational devices, mobility devices, low vision devices and others. The educational devices segment seized the maximum market share in 2020 and it is likely to maintain its place throughout the forecast years. Rising demand for braille devices is a key factor propelling the growth of the segment. Morevoer, market players are bringing in innovation into braille displays, with a focus on reducing cost, so as to serve a large population base.
North America is anticipated to hold majority market share in the global assistive technologies for visually impaired market by 2028, however Asia Pacific is expected to outpace other regions growing with a CAGR of 9.3% during the forecast period. Government initiatives for developing innovative technologies is a key factor propelling growth in this region.
The major players of the global assistive technologies for visually impaired market are VFO, Dolphin Computer Access Ltd., HumanWare Group, Access Ingenuity, American Thermoform, Low Vision International and Cambium Learning among others.
Key Segments of the Global Assistive Technologies for Visually Impaired Market
Product Overview, 2019-2028 (USD Million)
- Educational Devices
- Braille Computers
- Braille Writers
- Reading Machines
- Mobility Devices
- Low Vision Devices
End-users Overview, 2019-2028 (USD Million)
- Blind Schools
- Hospital & Social Organizations
- Personal Use
Regional Overview, 2019-2028 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and Africa
- Rest of Middle East and Africa