Sight Beyond Vision: A Look at Cutting-Edge Assistive Technologies


Posted December 11, 2023 by ryan-cmr

Sight Beyond Vision: A Look at Cutting-Edge Assistive Technologies

 
The global Assistive Technologies for Visually Impaired Market is experiencing significant growth, driven by a number of factors including:

Rising Prevalence of Vision Impairment: According to the World Health Organization, over 2.2 billion people globally have a vision impairment, with nearly 1 billion experiencing moderate or severe vision loss.
Technological Advancements: Rapid advancements in artificial intelligence, computer vision, and other technologies are leading to the development of innovative new assistive devices.
Governments and NGOs Initiatives: Governments and non-governmental organizations are increasingly investing in programs that promote access to assistive technologies for people with vision impairments.
Growing Awareness: There is a growing awareness of the needs of people with vision impairments and the benefits of assistive technologies.
Market Size and Growth Potential:

The global market for assistive technologies for the visually impaired is estimated to reach US$ 13,313.6 Million by 2030, with a CAGR of nearly 13.8% between 2022 and 2030.
The market is segmented by product type, end user, and geography.
Educational devices and software, low vision devices, and mobility devices are among the major product segments.
Blind schools and training institutes, government/social/non-profit organizations, and personal use are among the key end users.
North America is expected to dominate the market throughout the forecast period, followed by Europe and Asia-Pacific.

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Key Trends and Developments:

AI-powered assistive technologies: There is a growing trend of AI-powered assistive technologies, such as smart glasses and AI backpacks, that can help visually impaired people navigate their surroundings and perform daily tasks.
Accessible software and apps: Many software programs and mobile apps are now being developed with accessibility features for people with vision impairments.
Focus on affordability: Manufacturers are increasingly focusing on developing affordable assistive technologies to make them accessible to a wider population.
Government initiatives: Governments around the world are implementing policies and programs to promote the development and adoption of assistive technologies.
Challenges and Opportunities:

Cost of assistive technologies: Many assistive technologies are still expensive, making them inaccessible to many people.
Lack of awareness: There is a lack of awareness among the general public about the needs of people with vision impairments and the benefits of assistive technologies.
Need for further research and development: There is a need for further research and development to create even more effective and affordable assistive technologies.
The Future of the Market:

The future of the assistive technologies market for the visually impaired is bright. With the growing prevalence of vision impairment, technological advancements, and government initiatives, the market is expected to continue to grow at a significant pace. This presents a major opportunity for companies to develop and offer innovative new assistive technologies that can help improve the lives of people with vision impairments.
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Issued By Surendra Choudhary
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Country India
Categories Business
Tags assistive technologies
Last Updated December 11, 2023