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Next Move Strategy Consulting

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

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

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According to the study by Next Move Strategy Consulting, the China Disabled & Elderly Assistive Device Market size is predicted to reach USD 5.12 billion at a CAGR of 16.3% till 2030.

China's substantial healthcare investment is a major catalyst for the growing demand for assistive devices. By allocating a significant portion of its GDP to enhance healthcare services and infrastructure, China greatly expanded the availability and adoption of advanced medical devices.

China's rising aging population significantly drives the demand for assistive devices. As people age, there is an expanding need for devices and devices that address age-related health issues and enhance daily living. This demographic shift highlights the importance of advanced solutions such as mobility aids, home healthcare systems, and sensory enhancement devices.

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