The global assistive technologies for visual impairment market are anticipated to grow at a CAGR of 13.2% during the forecast period. Vision impairment severely impacts the quality of life among populations. Adults with vision impairment often have lower rates of workforce participation and productivity and higher rates of depression and anxiety. The rising prevalence of vision impairment across the globe is expected to hold a significant market share in the market during the forecast period. For instance, according to the World Health Organization (WHO), globally, around 2.2 billion people have near or distant vision impairment. Additionally, these 1 billion people include those with moderate or severe distance vision impairment due to unaddressed refractive error (88.4 million), cataracts (94 million), age-related macular degeneration (8 million), glaucoma (7.7 million), diabetic retinopathy (3.9 million), and vision impairment caused by unaddressed presbyopia (826 million). Thus, population growth and aging are expected to increase the risk that more people acquire vision impairment devices which are positively impacting the market growth.
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The technological advancement by key market players across the globe is further expected to accelerate market growth during the forecast period. For instance, in August 2022, Envision announced the partnership with Aira to add a live, professional service to the smart Envision Glasses. Additionally, Envision announced a raft of upgrades to its smart glasses for enhanced accessibility, including improved text reading with contextual intelligence. Thus, the strategic initiatives by market players are expected to propel market growth.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Educational Devices
o By Mobility Devices
o By Low Vision Devices
o By End-Users
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Access Ingenuity, Amedia Corp., Bridges Canada, Cambium Learning Group, Dolphin Computer Access Ltd., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Assistive Technologies for Visual Impairment Market Report Segment
By Educational Devices
- Braille Duplicators and Writers
- Braille Computers
- Mathematical & Science Devices
- Reading Machines
- Others
By Mobility Devices
- Canes
- Others
By Low Vision Devices
- Smart Glasses
- VTS Link
- Magnifying Lenses
- Others
By End-Users
- Blind Schools
- Enterprises & Social Organizations
- Hospitals
- Others
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Assistive Technologies for Visual Impairment Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Access Ingenuity
- Amedia Corp.
- American Thermoform, Corp.
- Bridges Canada
- Cambium Learning Group
- Dolphin Computer Access Ltd.
- eSight Corp.
- Freedom Scientific, Inc.
- Humanware Australia Pty Ltd.
- Itrex Group
- LVI Low Vision International AB
- Nippon Telesoft, Co., Ltd
- OrCam Technologiesm Ltd.
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