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.
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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.
- Safety and Security:
- Wander Management Systems: Our advanced wander management systems offer peace of mind by alerting caregivers when a loved one wanders beyond a specified range.
- Door Alarms and Locks: Secure your home with our range of door alarms and locks, designed to prevent wandering and ensure safety.
- Bed and Chair Alarms: Receive instant alerts when a loved one attempts to leave their bed or chair, helping prevent falls and accidents.
- Daily Living Aids:
- Memory Loss Clocks: Keep track of time with ease using our specially designed clocks featuring large, easy-to-read displays and reminders for important events.
- Adaptive Clothing: Simplify dressing routines with our adaptive clothing range, featuring easy closures and comfortable fabrics.
- Mealtime Assistance: Make mealtime more manageable with our selection of adaptive utensils, spill-proof cups, and dining aids.
- Cognitive Stimulation:
- Memory Games and Puzzles: Stimulate cognitive function and memory with our collection of memory games, puzzles, and brain teasers.
- Reminiscence Therapy Tools: Spark meaningful conversations and memories with our range of reminiscence therapy tools, including picture books and conversation cards.
- Sensory Stimulation: Engage the senses with our sensory stimulation products, designed to provide relaxation and comfort through tactile, visual, and auditory stimulation.
- Comfort and Support:
- Comfortable Seating: Ensure comfort and support with our range of ergonomic chairs and cushions, ideal for individuals with mobility issues or discomfort.
- Calming Aromatherapy: Create a soothing environment with our aromatherapy products, featuring calming scents to promote relaxation and reduce agitation.
- Personal Care Products: Maintain personal hygiene with dignity using our selection of gentle skincare products and toileting aids.
- Communication Aids:
- Communication Boards: Facilitate communication and expression with our range of communication boards and visual aids, ideal for individuals with speech difficulties.
- Personal Emergency Response Systems (PERS): Stay connected and safe with our PERS devices, allowing individuals to call for help at the press of a button.
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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 Companies Profiled:
- Parentgiving, Inc.
- EasierLiving, LLC
- Find Memory Care
- Healthcare Products LLC
- Best Alzheimer’s Products
- NRS Healthcare
- Buddi Ltd.
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
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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