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Latest Research Report on Bathroom Assist Device Market Growth, Industry Revenue Analysis
Posted: Jul 29, 2019
This Bathroom Assist Device market has been witnessing substantial growth due to the increasing patient pool, greater adoption of latest technology, growing rate of awareness about assistive devices, increasing life expectancy, and growing aging population among others.
The Bathroom Assist Device market is expected to reach USD 4.68 Billion by 2020, at a CAGR of 5.7% from 2015 to 2020.
The market is segmented into shower chairs & stools, bath lifts, toilet seat raisers, toilet aids, commodes, handgrips & grab bars, and bath aids. The shower chairs & stools segment is further subsegmented into shower chairs, shower stools, bathtub seats, and transfer benches.
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This market has been witnessing substantial growth due to the increasing patient pool, greater adoption of latest technology, growing rate of awareness about assistive devices, increasing life expectancy, and growing aging population among others. Further, there is an increasing demand of advanced shower chairs & stools, commodes, and toilet seat raisers from the growing aging population.
This research study is aimed at identifying emerging trends and opportunities in the global bathroom & toilet assist devices market, along with detailed classification, in terms of revenue. It also provides competitive landscape and identifies the key players with respect to their market sizes and market shares. The global bathroom & toilet assist devices market is segmented on the basis of product type and geography. On the basis of product type, the market is segmented into shower chairs & stools, bath lifts, toilet seat raisers, toilet aids, commodes, handgrips & grab bars, and bath aids. The major share is acquired by the commodes market, owing to the ease of its use. Geographically, North America is expected to command a major share of the global bathroom & toilet assist devices market. The large share of this regional segment can be attributed to high quality and reliability of the product, affordable prices, increasing disabled population, continuous product development and enhancement, and high prevalence of lifestyle diseases due to the growing aging population.
According to United Nations Department of Economic and Social Affairs, the global percentage share of the aging population (aged 60 years or above) has increased from 9.2% in 1990 to 11.7% in 2013, and is anticipated to reach 21.1% by 2050. Aging heightens the susceptibility of a person towards developing target diseases, such as osteoporosis and rheumatoid arthritis. Therefore, the growing geriatric population base is expected to widen the patient pool for manufacturers of assist devices.
The major players profiled in the global bathroom & toilet assist devices market report include, ArjoHuntleigh, Bischoff & Bischoff GmbH, Etac AB, DIETZ GmbH, Medical Depot, Inc. (Drive Medical), Handicare, Hewi Heinrich Wilke GmbH, Invacare Corporation, MEYRA GmbH, Patterson Medical Holdings, Inc., Poshchair Medical Limited, Pride Mobility Products Corp., Prism Medical, RCN Medical and Rehabilitation GmbH, Sunrise Medical (US) LLC., Ortho XXI, K Care Healthcare Equipment, GF HEALTH PRODUCTS, INC., Juvo Solutions, Spectra Care Group, and others.
North America led the global bathroom & toilet assist devices market in 2014, followed by Europe. The large share of this region can primarily be attributed to the increasing adoption of technologically equipped devices in North American countries as compared to other regions.
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