Good news for us and our clients: The global assistive technology market is projected to grow at a rate of 7.5% per year between now and 2031.
As Persistence Market Research recently reported, this expansion is fueled by the following growth drivers:
- A rising senior population
- Increased healthcare spending
- Increased awareness of disability support technologies
- Continuous advancements in device integration and functionality
North America currently dominates the global AT market, accounting for over 25% of the total share. However, the Asia–Pacific region is growing as well due to an increase in smartphone adoption, expanding digital infrastructure, and greater awareness of AT in general.
This is encouraging to see as we continue to see how AI can assist people with disabilities all across Indiana and around the world.