The recent research, Bathroom & Toilet Assist Devices market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2026. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the Bathroom & Toilet Assist Devices market ensure they have access to commensurate resources in a particular location the research, assess the size that they can realistically target and tap.
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According to the current analysis of Reports and Data, the global bathroom & toilet assist devices market was valued at USD 4.0 Billion in 2018 and is expected to reach USD 6.61 Billion by the year 2026, at a CAGR of 6.5 percent. 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 projected to reach 21.1% by 2050. Aging increases the vulnerability of a person towards developing diseases such as osteoporosis, rheumatoid arthritis. Therefore, the increasing geriatric population base is expected to broaden the market for manufacturers of assist devices.
Key participants include Hewi Heinrich Wilke GmbH, Etac AB, Prism Medical, Bischoff & Bischoff GmbH, Invacare Corporation, Sunrise Medical, Invacare Corporation, Spectra Care Group, Ortho XXI
Type (Revenue in USD Million; Volume in Units, 2016–2026)
- 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
End-Use (Revenue in USD Million; Volume in Units, 2016–2026)
- Residential
- Commercial
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The report charts the future of the Bathroom & Toilet Assist Devices market for the forecast period, 2019 to 2026. The perfect balance of information on various topics including the sudden upswing in spending power, end-use, distribution channels and others add great value to this literature. A collaboration of charts, graphics images and tables offers more clarity on the overall study. Researchers behind the report explore why customers are purchasing products and services from immediate competitors.
Further key findings from the report suggest
- Bathroom & toilet assist devices market is growing at a CAGR of 9% in the Asia Pacific followed by North America and Europe, with 6.1 % and 6.0% CAGR, respectively. Increase in older age across the globe is the key factor to accelerate the market growth during forecast period across all regions.
- As of 2018, Commodes is the dominating bathroom & toilet assist devices market which has a market of 746.9 million of the global market in 2018. North America regional market is the chief revenue-generating source for this product segment, followed by Europe and Asia-Pacific regions.
- Residential Segment in end-use of bathroom and toilet assist devices is expected to be the fastest-growing market segment during forecast period 2019-2026 with a CAGR of 6.6%. However, High costs are major challenge for the market growth of this market segment.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/bathroom-and-toilet-assist-devices-market
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