Dementia Care Products Market Size, Share, Growth and Trends, Forecast to 2032

According to a new report published by K D Market Insights, titled, “Dementia Care Products Market Insights, Trends, Opportunity Forecast, 2023–2032,” the global dementia care products market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The rising awareness about disease management, increased sales prospects, advancements in devices, and improvements in existing devices. Dementia care products play a vital role in assisting patients suffering from Alzheimer’s disease or dementia which are the major factors augmenting the growth of the global dementia care products market. The global dementia care products market is anticipated to grow at a moderate CAGR of 6.9% from 2023 to 2032. The market's revenue surged to $26.7 million in 2022, and it is expected to further accelerate, reaching a notable $52.0 million by 2032.

As the global population ages, the number of dementia patients is rising, necessitating the need for specialized care products. Additionally, the growing awareness of dementia care and the importance of early diagnosis and intervention are further expected to create ample growth opportunities for the global dementia care products market during the forecast period i.e., 2023-2032. Moreover, the rising geriatric population and the increasing number of dementia patients has propelled market expansion. Technological advancements, is expected to contribute towards the market growth during the period.

The North America region accounted for the largest share in the global dementia care products market in 2022. The region is further projected to continue dominating in the market during the forecast period. This can be attributed to the well-established healthcare infrastructure and high awareness of dementia care.

According to product type, the Memory exercise and activity products segment accounted for the largest market share in the dementia care products market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.

The global dementia care products market is segmented into product type, end user and region. Based on product type, the market is bifurcated into memory exercise activity products, daily reminder products, bathroom safety products, dining aids, communication products, personal safety products, other dementia care product types. Based on end user, it is classified into home care settings, long-term care centers.

The global dementia care products market is analyzed across North America (U.S. Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East Africa).

Key Insights of Dementia Care Products Market

On the basis of product type, the Memory exercise and activity products segment accounted for the largest market share in the dementia care products market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
On the basis of region, North America accounted for the largest share in the global dementia care products market in 2022. The region is further projected to continue dominating in the market during the forecast period.
On the basis of region, Europe is estimated to account for the second largest share in the market during the forecast period.

Some of the major dementia care products companies profiled in the report include Parentgiving, Inc., EasierLiving, LLC, Find Memory Care, Healthcare Products LLC, Best Alzheimer's Products, NRS Healthcare, and Buddi Ltd.