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Dementia Care Products Market Segmentation By Product Type (Personal Safety Products, Daily Reminder Products, Memory Exercise & Activity Products, Dining Aids, Bathroom Safety Products and Communication Products); By End-User (Long Term Care Centers and Home Care Settings) - Global Demand Analysis & Opportunity Outlook 2027

Buy Now Report ID: 1105 | Published Date: Feb 07, 2023

Market Segmentation

Our in-depth analysis segmented the global dementia care products market in the following segments:

By Product Type:

  • Personal Safety Products
  • Daily Reminder Products
  • Memory Exercise & Activity Products
  • Dining Aids
  • Bathroom Safety Products
  • Communication Products

By End-User:

  • Long Term Care Centers
  • Home Care Settings

By Region

Global dementia care products market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

dementia care products market

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dementia care products market
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Market Size and Forecast

The global dementia care products market is anticipated to expand at a significant CAGR during 2017-2027. It is projected to reach significant market size by 2027. The dementia care products are anticipated to witness robust growth on the account of availability of various types of dementia care products. Additionally, development of new dementia care products is also expected to cater to the evolving and unmet demand of the customers and indirectly supports the market growth of the dementia care products worldwide.

The global dementia care products market can be segmented on the basis of product type and end-user. On the basis of product type it is segmented into personal safety products, daily reminder products, memory exercise & activity products, dining aids, bathroom safety products and communication products. , Memory exercise & activity product is the leading sub-segment in the product type segment of the global dementia care products market. Memory exercise & activity products are primarily used in the treatment for the dementia. It enhances the memory and also helps in controlling the activity of the body.

By region, global dementia care products market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to be the leading region for the dementia care products on the account of numerous suppliers in the region coupled with the high availability of the products. However, Asia-Pacific is anticipated to be fastest growing region on the back of increasing population coupled with the growing awareness regarding the healthcare products.


Growth Drivers and Challenges

Market-Growth-Drivers

The increasing number of the dementia patients across the globe is anticipated to enhance the demand for dementia care products. The increasing number of dementia patients across the globe is providing opportunity for the companies operating in the dementia care products to increase their product offerings worldwide. The cost effectiveness and improved utilization of products across the globe is anticipated to create enhanced sales opportunities. The adoption of advanced healthcare products is anticipated to increase the demand for the dementia care products. For instance, according to world Alzheimer report in 2015 more than 9.9 million new patients are registered worldwide which is creating huge consumer base for the dementia care products. Additionally, rising geriatric population is also expected to enhance the number of dementia care patients. It will provide opportunity for the key players to establish themselves in the market. Moreover, the increasing online sale is also anticipated to improve the market growth of the dementia care products.

However, various remote areas across the globe have less access to healthcare facilities and the high cost associated with the various types of dementia care products is expected to hinder the market growth of the dementia care products worldwide.


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Top Featured Companies Dominating The Market

top-features-companies
    • Best Alzheimer's Products
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
    • Healthcare products LLC
    • EasierLiving, LLC
    • Parentgiving, Inc.
    • Find memory care
    • NRS Healthcare
    • Buddi Ltd

     


In-the-news

In The News


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Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


Author Credits:  Radhika Gupta, Shivam Bhutani


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