PUBLISHER: KBV Research | PRODUCT CODE: 1353031
PUBLISHER: KBV Research | PRODUCT CODE: 1353031
The Europe Bathroom And Toilet Assist Devices Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030).
The demand for handgrips and grab bars is expected to be driven in numerous regions by the growing disabled population due to increased sports-related injuries, auto accidents, and chronic neurological impairment. The risk of paralysis and the prevalence of multiple sclerosis, spinal cord injury, and stroke are rising. The expansion of online retailers is another element encouraging growth. As consumers may compare and choose appropriate products based on their brand, type, price, and point of sale, product penetration through online networks is rising quickly.
For instance, among the best online sellers of in-home, self-care medical products, such as bath safety equipment, mobility aids, and pain management devices, are Amazon, Joom, Walgreen, and Carex. These online shops also provide access to special discounts, product warranties with assistance, and return policies when a product does not meet the patient's expectations. Therefore, it is anticipated that the market will be driven by the easy availability of various bathroom and toilet assist devices on online platforms.
The National Library of Medicine estimates that 15.6% of persons in Germany have an impairment and that 13% of people have a legally recognized handicap. Whether directly or through family, a considerable portion of the population is impacted by deficiencies and disabilities. Over 5.5 million more people will be added to the working-age population between 50 and the state pension age (SPA), from 26% in 2012 to 34% in 2050. Therefore, the use of these devices is expected to increase in residential and commercial spaces. Thus, the rising aging population in this region will drive the growth of the market throughout the forecast period.
The Germany market dominated the Europe Bathroom And Toilet Assist Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $489.6 million by 2030. The UK market is poised to grow at a CAGR of 4.8% during (2023 - 2030). Additionally, The France market would witness a CAGR of 6.5% during (2023 - 2030).
Based on Product, the market is segmented into Commodes (Shower & Toilet Seat Raisers, and Toilet Commodes), Bath Lifts (Reclining Bath Lifts, Fixed Bath Lifts, and Lying Bath Lifts), Toilet Seat Raisers, Handgrips & Grab Bars, Bath Aids, and Shower Chairs & Stools. Based on End User, the market is segmented into Homecare & Elderly Care, and Hospitals & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Savaria Corporation (Handicare Group AB), Invacare Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), GF Health Products, Inc., Compass Health Brands Corporation (Carex Health Brands), Sunrise Medical, Inc., Arjo AB, Bischoff & Bischoff, Prism Medical UK (Limerston Capital), and Etac AB (Nordstjernan)
Market Segments covered in the Report:
By Product
By End User
By Country
Companies Profiled
Unique Offerings from KBV Research
List of Figures