Assistive technology for students with learning disabilities is a growing market driven by the rise in dyslexia prevalence and government initiatives to address learning disorders. A new study by Public Health England highlights the increased risk of COVID-19 infection for individuals with learning difficulties. The global market for assistive technology in this field was valued at $154.67 million in 2020 and is projected to reach $298.13 million by 2030, with a compound annual growth rate of 6.9%.
Learning disabilities, unlike intellectual development disorders, affect a child’s ability to acquire academic skills such as speaking, listening, reading, writing, and math. This impairment can hinder a child’s educational progress despite having average intelligence. The market for assistive technology is hindered by limited awareness of learning disabilities, but opportunities are expected to arise with the development of mobile applications and web platforms.
In terms of market segmentation, software accounted for over three-fifths of the global market share in 2020 and is expected to maintain its lead with a projected CAGR of 7.2% from 2021 to 2030. The dyslexia sector held the largest market share in 2020, contributing over 25% of the market, and is anticipated to continue its dominance due to the increasing global prevalence of the condition. The dysgraphia category is expected to experience the highest growth rate of 7.7% during the forecast period.
Key players in the market include Ablenet, Inc., Adaptivation, Inc., Kurzweil Education, and Tobii Dynavox, among others. Market analysis indicates North America as the primary region for market growth, followed by Europe, Asia-Pacific, and LAMEA.
In conclusion, the assistive technology market for students with learning disabilities presents opportunities for stakeholders to capitalize on emerging trends and investment pockets. Allied Market Research is a leading provider of market research reports and business intelligence solutions, offering insights to assist clients in making strategic decisions for sustainable growth in their respective markets.