The U.S. Disabled and Elderly Assistive Device Market Set to reach USD 10.97 billion by 2030

According to the study by Next Move Strategy Consulting, the U.S. Disabled & Elderly Assistive Device Market size is predicted to reach USD 10.97 billion at a CAGR of 14.4% till 2030.

Government initiatives and policies in the U.S. play a pivotal role in driving the growth of the disabled & elderly assistive device market.

The U.S. disabled & elderly assistive device market trends significant regulatory challenges that restrain growth and innovation. Regulatory bodies such as the Food and Drug Administration (USFDA), 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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