Increasing Number of People Living With Vision Impairment to Augment Growth of Assistive Technologies for Visually Impaired Market
Increasing number of people living with vision impairment is expected to propel growth of the global assistive technologies for visually impaired market. For instance, according to the first World report on vision issued by the World Health Organization in October 2019, over 1 billion people worldwide are living with vision impairment because they do not get the care they need for conditions like short and far sightedness, glaucoma and cataract. Moreover, adoption of artificial intelligence (AI) in assistive technologies for visually impaired is also expected to aid in growth of the market. For instance, in January 2021, Facebook announced new improvements to Automatic Alternative Text, its AI technology that is used to generate descriptions of photos posted on the social network for visually impaired users. Development of new accessibility features for visually impaired users is expected to offer lucrative growth opportunities for players in the global assistive technol...