Australia Disabled and Elderly Assistive Device Market Analysis: Challenges, Growth Factors, and Future Outlook

According to the study by Next Move Strategy Consulting, the Australia Disabled & Elderly Assistive Device Market size is predicted to reach USD 1730.9 million at a CAGR of 12.2% till 2030.

Australia's substantial healthcare expenditure serves as a pivotal driver for the demand in the Australia disabled & elderly assistive device market. With the government allocating a significant portion of its GDP to healthcare, there is enhanced funding for healthcare infrastructure, services, and advanced medical devices.

The high cost of assistive devices creates significant barriers for people in developing and underdeveloped countries, particularly those with low or fixed incomes. These essential tools, that greatly improve the quality of life for individuals with disabilities, often remain out of reach due to the stark economic disparities and limited financial resources.

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