Bathroom & Toilet Assist Devices Market, Sector / Industry Report & Analysis, 2018-2025 (Includes Business Impact of COVID-19)

  • TBI107568
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Global Bathroom & Toilet Assist Devices Market

The global bathroom and toilet assist devices market size was valued at USD 3.5 billion in 2016, exhibiting a CAGR of 6.2% during the forecast period. Growth in prevalence of chronic diseases, coupled with aging population, is resulting in rise in population with disabilities. This is primarily driving market growth. The global market has experienced swift growth over the past few years and is expected to maintain a steady pace owing to rising cases of disability, reduced mobility, and increasing healthcare spending capacity. In addition, rising number of manufacturers is positively supporting escalating demand for patient assist devices.  Aging demographics has created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet assist devices. In addition, rising disposable income and government support toward home healthcare is supporting market growth. On the other hand, longer product life cycle is primarily challenging the growth of the market. In addition, reusability of these devices is restraining revenue generation. However, growth in demand for these devices is predicted to lower the effect of the above-mentioned factors.

Market Segmentation, Outlook & Viewpoint: Global Bathroom & Toilet Assist Devices Market

Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025) Shower Chairs and Stools Shower Chairs Shower Stools Others Bath Lifts Fixed Bath Lifts Reclining Bath Lifts Lying Bath Lifts Others Toilet Seat Raisers Commodes Shower and Toilet Commodes Toilet Commodes Handgrips and Grab Bars Bath Aids

Key Players, Recent Developments & Regional Insights: Global Bathroom & Toilet Assist Devices Market

People with reduced mobility can face several challenges in bathrooms and bath lifts offer assistance as well as comfort to such individuals. The user friendly design of such devices is likely to boost the segment to exhibit a CAGR of 7.0% during the forecast period. Bath lifts are segmented into fixed, reclining, and lying designs. Reclining devices are expected to be in more demand than others owing to additional advantages they offer. Commodes used in toilets may be movable or static and are available in plastic, metal, or other materials. These are also available with various features such as adjustable height and seating position. Commodes are covered under Medicare Part B (Medical Insurance) as a durable medical equipment when recommended by a doctor. This is a key factor propelling the bathroom and toilet assist devices market. Various types of toilets include close coupled, back-to-wall, wall-hung, low-level, and high-level.

Regional Insights

North America dominated the market in 2016 and is expected to retain its lead throughout the forecast period. Presence of well-defined regulatory guidelines and reimbursement policies for treatment of patients with disabilities is boosting revenue generation in the region. In addition, high adoption of home healthcare and remote patient monitoring services is spurring revenue generation in North America. Europe is the second-largest revenue generating regional market after North America. Availability of highly advanced healthcare infrastructure and adoption of superior technology in patient care is driving growth. In addition, aging demographics of Europe is propelling demand for bathroom assist devices. Growth in funding for personal assistance products and initiatives to increase awareness regarding bathroom and toilet assist tools is driving the market in Asia Pacific. Regional market growth can also be attributed to rising pool of patients with chronic diseases and requiring long-term hospitalization in developing countries such as China and India. As a result, Asia Pacific is expected to grow at the fastest rate during the forecast period.  Bathroom and Toilet Assist Devices Market Share Insights The global market is highly competitive. Key participants include ArjoHuntleigh; Medical Device Depot; Carex Health Brands; Juvo Solutions; Bischoff & Bischoff GmbH; Invacare Corporation; Prism Medical; Sunrise Medical LLC; and GF Health Products, Inc. Key parameters affecting the competitive nature of the market include low entry and exit barriers and relatively low investment requirement. Moreover, many players are offering a variety of services such as rental services and refurbishing of devices to maximize profit margins.

Key Insights Covered: Global Bathroom & Toilet Assist Devices Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Bathroom & Toilet Assist Devices industry. 2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Bathroom & Toilet Assist Devices industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Bathroom & Toilet Assist Devices industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Bathroom & Toilet Assist Devices industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Bathroom & Toilet Assist Devices industry.

Research Methodology: Global Bathroom & Toilet Assist Devices Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Research Methodology
1.1 Information procurement
1.2 Data Analysis
1.3 Approaches for market estimation
    1.3.1 Approach 1: Demand Analysis & Bottom up Approach
    1.3.2 Approach 2: Top down market estimation
    1.3.3 Approach 3: Commodity flow and bottom up market estimation
    1.3.4 Approach 4: KoL perspective based market sizingChapter 2 Executive Summary
2.1 Market SnapshotChapter 3 Bathroom and Toilet Assist Devices Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 Market Driver Analysis
3.3 Market Restraint Analysis
3.4 Bathroom and Toi
|  read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form