DUBLIN–(BUSINESS WIRE)–The “Bathroom and Toilet Assist Devices Market Size, Share & Trends Analysis Report by Product (Commodes, Bath Lifts, Bath Aids, Shower Chairs & Stools, Handgrips & Grab Bars, Toilet Seat Raisers), by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering.
The global bathroom and toilet assist devices market size is anticipated to reach USD 8.23 billion by 2030, expanding at a CAGR of 6.4% from 2022 to 2030.
Growth in the prevalence of chronic diseases, coupled with an aging population, is resulting in a rise in the population with disabilities.
According to Spinal Cord Injury Data Sheet from the National SCI Statistical Center (NSCISC) 2019, approximately 17,730 new spinal cord injuries are reported each year in the U.S. Aging demographics have created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet to assist devices.
COVID-19 is expected to have a minimal impact on the market growth. Old age people are advised to stay at home during the lockdown, which has increased the demand for bathroom and toilet assist devices. However, the decrease in the number of road accidents has reduced the device’s requirement for disabled people. However, as lockdown restrictions are being lifted in most countries, the supply chains of most healthcare companies are expected to work effectively and smoothly over the forecast period.
Furthermore, rapidly growing demand for home healthcare services can be attributed to the growing workforce pertaining to this field. This is, in turn, expected to serve this market as a driver. As per the U.S. Bureau of Labor Statistics, the rank of home health and personal care aides is expected to increase by 13 million in 2020 (a 70.0% increase from 2010).
Additionally, the demand for home healthcare among the aging population is increasing as they are at a higher risk of acquiring COVID-19 infection and cannot visit any healthcare facilities. This is likely to increase the market growth during the forecast period.
Bathroom And Toilet Assist Devices Market Report Highlights
The commodes product segment dominated the market in 2021 with a revenue share of over 19.0%. Commodes are covered under Medicare Part B (Medical Insurance) as durable medical equipment when recommended by a doctor. This is a key factor propelling the segment growth. Commodes are further sub-segmented into shower and toilet commodes and toilet commodes
North America dominated the market with a revenue share of over 35.0% in 2021 owing to the presence of well-defined regulatory guidelines and reimbursement policies for the treatment of patients with disabilities in the region
Asia Pacific is estimated to exhibit the highest CAGR of 6.9% over the forecast period. This can be attributed to the rising pool of patients with chronic diseases, growth in funding for personal assistance products, and initiatives to increase awareness regarding bathroom and toilet assist tools
Market Dynamics
Market Driver Analysis
Rising Cases Of Disability
Increase In Geriatric Population
Increasing Number Of Online Stores
Market Restraints Analysis
High Cost Of Devices/Equipment
Remuneration Challenges
Market Opportunities Analysis
Increasing Integration Of Home Healthcare And Staff
Bathroom And Toilet Assist Devices: Market Analysis Tools
Industry Analysis – Porter’s
SWOT Analysis, By Pest
Competitive Analysis
Arjohuntleigh
Carex Health Brands
Bischoff & Bischoff
Invacare Corporation
Medical Depot, Inc.
Gf Health Products, Inc.
Prism Medical UK
Sunrise Medical LLC
Etac Ab
Handicare Group Ab
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