Canada Disabled and Elderly Assistive Device Market Set to reach USD 5.16 billion by 2030

According to the study by Next Move Strategy Consulting, the Canada Disabled & Elderly Assistive Device Market size is predicted to reach USD 5.16 billion at a CAGR of 12.0% till 2030.

Government programs and regulatory frameworks are instrumental in driving the growth of the Canada disabled & elderly assistive device market trends.

The market for assistive devices for the disabled and elderly faces significant regulatory challenges that restrain growth and innovation. Regulatory bodies such as the Health Canada, and other national agencies impose stringent approval processes, requiring assistive products, especially medical devices, to undergo extensive testing and certification before entering the market.

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