The global bathroom and toilet assist devices market size is set to gain momentum from the consistently rising geriatric population worldwide. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Bathroom and Toilet Assist Devices Market, 2023-2030.”
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List of Key Players Present in the Market:
- Invacare Corporation (U.S.)
- Bischoff and Bischoff GmbH (Germany)
- Etac AB (Sweden)
- Arjo (Sweden)
- DIETZ GmbH (Germany)
- Compass Health Brands Corporation
- Prism Medical UK Limited (U.K.)
- Sunrise Medical Ltd. (U.K.)
- Die HEWI Heinrich Wilke GmbH (Germany)
- MEYRA GmbH (Germany)
Report Coverage-
The report on the market represents a brief analysis of the advancements adopted by the key players in the field of bathroom and toilet assist devices. The in-depth research report describes the key trends adopted by the market to gain business confidence in the bathroom and toilet help devices market share. This report presents new product launches, key companies, key players’ rankings, and their adoption. Additionally, it exemplifies the market share across the global scale. The report delivers a comprehensive report of the market and the key developments that took place in recent years.
Drivers & Restraints-
Rising Geriatric Population is Expected to Be a Major Factor in Driving Market Growth
The consistently rising geriatric population worldwide is expected to be the major driver of the growth of bathroom and toilet assist devices. This healthcare spending will surge the revenues of associated companies from mobility assist devices. Moreover, the consumers are shifting towards buying smart, where self-mobility assistive devices are expected to provide further growth opportunities.
However, the raw materials are available in limited quantities, and the equipment necessary for the production process of such devices is expected to be the cause that would hinder the market’s growth.
Segments-
Depending on the product type, the market is segregated into chairs and stools, seat lifts, commodes, and others.
By distribution channel, the global market is split into offline and online.
On the basis of geography, the market is further bifurcated into North America, Europe, Asia Pacific, South America, Middle East & Africa.
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Regional Insights-
Rising Accidents in Region to Surge Major Growth in North America
The North American region is expected to foresee major growth in the market due to increasing accidents in the U.S. and Mexican population leading to several injuries and physical disabilities. In 2018, road accidents caused more than 38,000 deaths in the U.S., surging the bathroom and toilet assist devices market growth.
The Asia Pacific region is expected to show the second-highest growth in the global market attributed to the expansion of associated companies in India, Australia, and China. Moreover, growing awareness about the devices among the population of South East Asia to further drive the market growth.
Competitive Landscape-
Key Competitors Introducing Innovative Products to Gain Market Attention
The market for bathroom and toilet assist devices is highly competitive in every aspect. It includes major key players such as Invacare Corporation, Etac AB, Arjo, Bischoff and Bischoff GmbH, and others. These companies are increasing their parameters to compete and gain global bathroom and toilet assist devices market share. Different players are expanding their services to face barriers in the forecast period. The companies introduce innovative toilet seat lifts to attract the general population to buy their product. Companies launch advanced products to gain a competitive advantage in the market. For instance, a smart commode device was introduced by a global manufacturer of toilets and bathrooms, TOTO LTD, at the CES 2021 innovations summit.
Industry Developments-
- January 2021- A smart commode device was introduced by a global manufacturer of toilets and bathrooms, TOTO LTD, at the CES 2021 innovations summit. This device can sense and understand the user’s body movements, and it could also suggest the necessary diet for the user through a smartphone application connected to the device.
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