Global Bathroom and Toilet Assist Devices Market Size study & Forecast, by Product (Shower Chairs and Stools, Bath Lifts, Toilet Seat Raisers, Commodes, Handgrips and Grab Bars, Bath Aids) and Regional Analysis, 2022-2029
Global Bathroom and Toilet Assist Devices Market is valued at approximately USD 4.72 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2022-2029. Bathroom and toilet assist devices are technologically advanced equipment that is designed to help in navigating specified areas or lend strength to specific afflictions. This offers convenience and improves accessibility and ease of operation, especially for old and disabled patients. Some prominent factors that are attributing to the flourishing market demand are the rising geriatric population, increasing availability of products on online mode of distribution, coupled with the growing disabled population.
According to the United Nation, in 2019, there were 703 million people worldwide aged 65 or older, which is expected that there will be 1.5 billion people by the year 2050. Thereby, the rising number of geriatric people is exhibiting a positive influence on the growth of the bathroom and toilet assist devices market. In addition, the growing investment in research and development, as well as increasing technological developments by the key market players are presenting lucrative opportunities for market growth in the foreseen period. However, the high cost of devices or equipment, along with the lack of awareness regarding product availability are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bathroom and Toilet Assist Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing spending on R&D activities to introduce advanced products and favorable government initiatives. Whereas, the Asia Pacific is expected to grow with the highest growth rate during the forecast period. Factors such as rising awareness about assistive devices, a rise in the aging population, and untapped opportunities in emerging countries, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
ArjoHuntleigh
Carex Health Brands
Bischoff & Bischoff
Invacare Corporation
Medical Depot, Inc.
Prism Medical UK
Etac AB
Handicare Group AB
Sunrise Medical LLC
GF Health Products, Inc.
Recent Developments in the Market:
In January 2021, TOTO Ltd. Announced the launch of its smart commode device at the Innovation Summit CES 2021. The product is able to detect and comprehend the user’s body movements and offer the necessary diet to the users via the smartphone application.
In October 2020, Geberit- manufacturing and supplying sanitary parts and related systems based in Europe declared the introduction of Geberit Mera Care in 2019, which present unrivaled product features in the market and the culmination of years of development.
Global Bathroom and Toilet Assist Devices Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Shower Chairs and Stools
Bath Lifts
Toilet Seat Raisers
Commodes
Handgrips and Grab Bars
Bath Aids
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
ArjoHuntleigh
Carex Health Brands
Bischoff & Bischoff
Invacare Corporation
Medical Depot, Inc.
Prism Medical UK
Etac AB
Handicare Group AB
Sunrise Medical LLC
GF Health Products, Inc.
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