Dementia Care Products Market By 2023 to 2033: Innovations and Breakthroughs

 The landscape of dementia care is undergoing a profound transformation, fueled by a remarkable surge in the global dementia care products market. Projections from industry experts suggest a staggering valuation of USD 56.7 million by 2033, reflecting a substantial increase from USD 29.1 million in 2023. This growth trajectory, characterized by a robust Compound Annual Growth Rate (CAGR) of 6.9%, marks a significant evolution in disease management, signaling an intensified commitment to enhancing patient care.

The escalating prevalence of dementia worldwide has underscored the urgent need for innovative solutions to improve the quality of life for patients and their caregivers. This surge in the market for dementia care products represents a collective effort towards addressing this critical need.

Get Access to Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-5227

Parentgiving, Inc. is dedicated to enhancing the quality of life for those living with Alzheimer's and dementia. Our carefully curated selection of dementia care products is designed to empower both caregivers and individuals living with memory loss, providing innovative solutions to everyday challenges. From safety and security to comfort and cognitive stimulation, our range of products is thoughtfully crafted to support every aspect of dementia care.

Top Highlights from the FMI’s Analysis of the Dementia care products industry:

  • North America’s dementia care products industry gained a notable size of 36.7% in 2022. The market growth can be credited to the surging work pressure and stress, which is contributing toward widespread dementia. Besides, neurological diseases like epilepsy, Parkinson’s disease, and stroke are pushing the market growth.
  • Europe’s dementia care products industry acquired a market share of 31.3% in 2022. The surging prevalence of Alzheimer’s disease in the region is fueling market growth. The increasing cases of delirium, depression, thyroid problems, overuse of alcohol, and side effects from certain medications are enhancing regional growth.
  • China is expanding at a quick pace of 9.2% CAGR from 2023 to 2033, whereas India is expected to register a CAGR of 8.8% over the same period.
  • The United Kingdom's dementia care products industry is projected to display a CAGR of 7.3% from 2023 to 2033.
  • Based on product, the memory exercise and activity products segment attained a market share of 28.7% in 2022.
  • Under the category of end user, the long-term care centers segment attained a prominent share of 58.7% in 2022.

Key Players in the Global Dementia Care Products Market:

Some of the players in the dementia care products market include Parentgiving, Inc., EasierLiving LLC, Find Memory Care, Healthcare products LLC, Best Alzheimer's Products, NRS Healthcare, Buddi Ltd. Etc. There are a few projects in the pipeline for dementia care products. The leading manufacturers of dementia care products are focused to collaborate with the regional and local distributors to expand their market presence and upsurge their revenue from this system.

  • In September 2021, Parentgiving Inc., the country's premier retailer of caregiving products for the aging, announced the expansion of its Dry Direct incontinence line adding world-class Italian comfort, softness, and performance consumers expect from the leader in premium incontinence products.
  • In June 2021, Biogen and Eisai, Co., Ltd., announced that the U.S. Food and Drug Administration (FDA) has granted accelerated approval for ADUHELM™ (aducanumab-avwa) as the first and only Alzheimer’s disease treatment to address a defining pathology of the disease by reducing amyloid-beta plaques in the brain.

Key Segments Covered in the Dementia Care Products Industry Survey:

By Product Type:

  • Memory Exercise & Activity Products
  • Daily Reminder Products
  • Bathroom Safety Products
  • Dining Aids
  • Communication Products
  • Personal Safety Products
  • Other Product Types

By End User:

  • Home Care Settings
  • Long-term Care Centers

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Comments

Post a Comment

Popular posts from this blog

Teleradiology Services Market Analysis And Demand With Forecast Overview To 2032

Image
 In 2022, it is expected that the Teleradiology Services Market would be worth around US$ 31,880.57 Million. By 2032, it is anticipated that the market for teleradiology services would reach US$5,598.3 Million. with a 19% CAGR growth forecast through 2032. The global Teleradiology Services Market is estimated to reach a market valuation of US$ 1,971.4 Million by the end of 2016 and register a CAGR of 21.0% over the forecast period (2016–2026). The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis. Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry. Request Sample PDF Brochure: https://www.futuremarketinsights.com/reports/samp
Read more

Non-Vascular Stents Market to 2032 – Global Analysis and Forecasts by Types, Technologies, Applications and End-User Verticals

Image
 The Non-Vascular Stents Market is expected to grow at a CAGR of  4.5%  over the forecast period. (2022 - 2032). The sector is expected to be valued at  US$ 1.21 billion  in 2022 and  US$ 1.9 billion by 2032. The global non-vascular stents market is expected to move forward in response to the growing demand for minimally-invasive procedures. Rising technological and material advancements are assisting in the development of specially designed stents for use in a variety of indications thereby fueling the overall non-vascular stents market growth. Non-vascular stents use small, precise incisions, resulting in scars that are smaller and less visible than those left by traditional surgical techniques, putting the patient's safety in jeopardy. The above-mentioned feature is anticipated to provide impetus to the non-vascular stents market adoption trends in coming years. Such a surgery is associated with a faster recovery period, resulting in a shorter hospital stay for the patient, enc
Read more

From X-rays to AI: Veterinary Imaging Innovations of the Next Decade By 2022 to 2030

Image
  Between 2022 and 2030, the global veterinary imaging industry is expected to grow at a CAGR of 6.6%, from US$ 2.02 billion in 2022 to US$ 3.37 billion by 2030. A study by Future Industry Insights (FMI) predicted that by 2030, the worldwide veterinary imaging industry would bring in US$ 3.37 billion. The research study looks at the market development for veterinary imaging through 2030 in more than 20 nations. The report offers precise insights into some of the key players in the industry's crucial business strategies. According to the poll, investments are being made in the veterinary diagnostics industry as the trend towards pet humanization picks up speed. Additionally likely to fuel industry growth are governmental rules and a greater emphasis on preserving animal health. Request A Report Sample To Gain Comprehensive Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-12368 Growth will also be fueled by the expansion of the animal and pet care industry as a w
Read more