Home > Healthcare IT > Dementia Care Products Market Size, Share and Analysis by 2026
Straits Research

Dementia Care Products Market

Dementia Care Products Market: Information by Product Type (Personal Safety Products, Bathroom Safety Products and Communication Products), End-User and Regional Outlook - Forecast Till 2026

Table of Content Download Sample

Market Overview

The global dementia care products market was valued at around USD 15.8 million in 2017 and is expected to register CAGR of 6.6% in the forecast period.

Dementia is a disease caused by damage to the brain or a series of strokes. The increasing prevalence of Alzheimer’s diseases across the globe is propelling the growth of the dementia care market. Furthermore, increasing cases of depression, delirium, side effects from medications, thyroid problems, certain, vitamin deficiencies, and excessive use of alcohol is caused by dementia diseases. As per WHO estimates, people with dementia are projected to reach 82 million in 2030 and 152 million in 2050. In addition, there are around 10 million new cases every year of dementia.

Market Snapshot

market snapshot
Base Year
: 2017
Study Period
: 2016-2026
CAGR
: 6.6 %
Fastest Growing Market
: Asia Pacific
Largest Market
: North America
Market Size
: USD 15.8 million in 2017
Get more information on this report Download Sample Report

Market Dynamics

Changing lifestyles, changes in eating habits are propelling the growth of the market. major players are focusing on product portfolio expansion through mergers and acquisitions. For instance, in 2016, Teva Pharmaceutical Industries Ltd. acquired Actavis Generics for Alzheimer’s portfolio of Actavis Generics.

Segmental Analysis

The dementia care market is segmented into product types and end-users.

Based on the product type, the market is segmented into memory exercise & activity products, daily reminder products, bathroom safety products, dining aids, communication products, personal safety products, and others.

Based on end-user, the market is segmented into home care settings and long-term care centers.

Regional Analysis

Geographically, the dementia care market is bifurcated into four major regions such as North America, Europe, Asia Pacific (APAC), Latin America, Middle East & Africa (LAMEA).

North America is expected to hold a significant market share of dementia care. This is attributed to increasing work pressure and stress leading to the increasing prevalence of dementia. Apart from rising neurological diseases such as epilepsy, Parkinson’s disease, and stroke are supporting the growth of the dementia care market. For instance, according to Alzheimer's Association, in 2018, approximately 16.1 million Americans were suffering from Alzheimer’s or other dementias.

Europe is expected to witness significant growth of the dementia market during the forecast period. This is attributed to the increasing prevalence of Alzheimer’s disease.  A growing number of cases of depression, delirium, side effects from medications, thyroid problems, certain vitamin deficiencies, and excessive use of alcohol are propelling the growth of the dementia care market. For instance, according to Mental Health Association, in 2014, approximately 19.7% of people suffered from depression.

The Asia Pacific is expected to be the fastest-growing region owing to the increasing prevalence of dementia in Asian countries. The growing number of cases of depression, anxiety, paranoia, agitation, and hallucination is leading to cause dementia care market. As per ALZHEIMER'S DISEASE INTERNATIONAL, in the Asia Pacific region cases of dementia are expected to increase from 23 million in 2015 to almost 71 million by 2050.

Additionally, LAMEA is experiencing slow growth due to poor infrastructural development and less government support. As per the World Health Organization, more than 3.4 million people are suffering from Alzheimer’s are in Latin America and the Caribbean.

Dementia Care Products Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Dementia Care Products Market

Some of the key players in the global dementia care market are 

  1. Parentgiving Inc.
  2. EasierLiving LLC
  3. Find memory care
  4. Healthcare products LLC.
  5. Best Alzheimer's Products
  6. NRS Healthcare
  7. Buddi Ltd.

Report Scope

Report Metric Details
CAGR 6.6%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Product Type
    1. Memory Exercise & Activity Products
    2. Daily Reminder Products
    3. Bathroom Safety Products
    4. Dining Aids
    5. Communication Products
    6. Personal Safety Products
    7. Others
  2. By End-User
    1. Home Care Settings
    2. Long Term Care Centers
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM

Dementia Care Products Market Segmentation

By Product Type

  • Memory Exercise & Activity Products
  • Daily Reminder Products
  • Bathroom Safety Products
  • Dining Aids
  • Communication Products
  • Personal Safety Products
  • Others

By End-User

  • Home Care Settings
  • Long Term Care Centers

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Veto-Pharma
Nippon Becton Dickinson
Merck
Argon Medical Devices
Abbott
Johnson & Johnson
Need Assistance?
+1 646 480 7505 (U.S.)
+44 208 068 9665 (U.K.)
sales@straitsresearch.com

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the MarketĀ in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

clients
Trusted by Fortune 500
Over 30000+ subscribers