Registering a CAGR of 14.05% over the forecast period, the market value of Assistive Technology for Low Vision and Blind is expected to reach US$ 14.25 billion in the year 2027.
Assistive technology is referred to as devices the enables disabled or visually impaired individuals to overcome physical limitation, they may be suffering from to accomplish a task. As compared to different supporting components of a computer, there is a large variety of alternative or modified keyboards, screen magnifying software, and text to speech software that provides greater access to the visually impaired. The establishment of bigger career prospects for a visually impaired global workforce has arisen from technical discoveries and advancements. The adoption of an inclusive approach that takes into account the vision impaired and legally blind part of the population has been fueled by the changing economy. From creating an accessible workplace environment to utilizing assistive technology and aids such as low vision glasses, there are many ways to make your workplace more accessible.
Increased government initiatives to encourage enhanced facilities to improve the quality of life of visually impaired individuals are driving the global Assistive Technologies for Visually Impaired Market. Various governments throughout the world are undertaking initiatives to promote assistive technology and give equipment to people with physical disabilities or special needs. The government is also investing in non-governmental organizations (NGOs) that develop assistive technology for the disabled, which is fueling the global Assistive Technologies for Visually Impaired Market's growth.
The report aspects discussed the profile of the top manufacturers of the global Assistive Technology for Low Vision and Blind market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Assistive Technology for Low Vision and Blind Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Eyedaptic unveils EYE3, the premier version of its augmented reality glasses for age-related macular degeneration (AMD) and other low vision challenges
June 1, 2021 — Eyedaptic, Inc., a natural vision software company, announced today a new and improved version of its eyewear solution, EYE3, is now available to aid those with retinal-related vision challenges, including age-related macular degeneration (AMD). The EYE3 will be available for demonstration at Vision Expo East in Orlando, June 3-5 (Vispero Booth #TF343).
Envision Announces AI-Powered Smart Glasses for The Blind and Visually Impaired
March 9, 2020 – Envision, the award-winning iOS and Android smartphone app that enables blind and visually impaired people to independently access visual information around them, announced plans today to integrate its AI-powered software technology into Google Glass at CSUN, one of the biggest assistive technology conferences in the US. Envision developed its software on Google Glass, with the recently upgraded hardware of their Google Glass Enterprise Edition 2.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
Over the forecasted period, the market in North America is predicted to grow due to an increase in the incidence of vision impairment among the population. According to research issued by the Canadian National Institute for the Blind in 2021, an estimated 2.8 million individuals in Canada had a visual loss, with an additional 7.2 million having an eye disease that could cause vision impairment. This region has the presence of well-established healthcare facilities and favorable government initiatives to support the adoption of healthcare IT. Moreover, increasing R&D investments and the presence of key market players in the North American region are contributing towards the market growth.
The Assistive Technology for Low Vision and Blind Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Assistive Technology for Low Vision and Blind Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Assistive Technology for Low Vision and Blind Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Assistive Technology for Low Vision and Blind Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Assistive Technology for Low Vision and Blind Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: VFO Group, Humanware, Papenmeier, Handy Tech Elektronik GmbH |
Forecast Period 2022 to 2028 CAGR | CAGR of 14.05% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | VFO Group, Humanware, Papenmeier, Handy Tech Elektronik GmbH, Perkins Solutions, Eurobraille, Brailletec, Amedia, Nippon Telesoft, TQM, VisionCue, Eyedaptic, Envision |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 97 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Assistive Technology for Low Vision and Blind Market is studied from 2017 - 2027.
What is the growth rate of Assistive Technology for Low Vision and Blind Market?
The Assistive Technology for Low Vision and Blind Market is growing at a CAGR of 14.05% over the next 5 years.
Who are the key players in Assistive Technology for Low Vision and Blind Market?
VFO Group, Humanware, Papenmeier, Handy Tech Elektronik GmbH, Perkins Solutions, Eurobraille, Brailletec, Amedia, Nippon Telesoft, TQM, VisionCue, Eyedaptic, Envision
What regions does this Assistive Technology for Low Vision and Blind Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Assistive Technology for Low Vision and Blind Market?
Braille Displays, Note Takers, Magnifiers, Braille Printers and Embossers, Braille Writers
What are the major end-use applications of Assistive Technology for Low Vision and Blind Market?
Blind School, Disabled Persons Federation and Hospital, Enterprises and Social Organizations
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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