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Disabled and Elderly Assistive Technologies

US assistive technologies market sales forecast to total US$58.3Bn by 2020

The U.S. market for assistive technologies is projected to grow from $40.6 billion (including eyeglasses and contact lenses) in 2014 to $43.1 billion in 2015 and $58.3 billion in 2020, with a compound annual growth rate (CAGR) of 6.2% between 2015 and 2020.

The assistive technologies market for vision and reading aids is projected to grow at a CAGR of 6.0% from 2015 to 2020, to reach $25.7 billion by 2015 and $34.4 billion by 2020, from nearly $24.3 billion in 2014.

The market for communication aids is projected to reach nearly $7.2 billion by 2015 and $8.7 billion by 2020. It is projected to increase at a CAGR of 4.0% from $6.8 billion in 2014.

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