PUBLISHER: KBV Research | PRODUCT CODE: 1353033
PUBLISHER: KBV Research | PRODUCT CODE: 1353033
The Latin America, Middle East and Africa Bathroom And Toilet Assist Devices Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030).
The majority of the disabled population relies on mobility aids to meet their daily needs for toiletries and bathing. The market is expanding primarily due to rising awareness of such gadgets. Geriatric people raise high demand for portable shower chairs with textured grab bars since these products may assist them in bathing more efficiently. Additionally, the aging population's rising healthcare costs are anticipated to further propel the associated companies' sales of these mobility support gadgets. In addition, evolving consumer preferences toward purchasing intelligent, self-mobility assistive gadgets are projected to widen newer prospects for market expansion.
Bathroom and toilet assist devices are intended to make using the permanent bathroom or toilet equipment convenient and simple. These gadgets make restroom accessibility for the elderly and poor people easier. Commodes, toilet seat raisers, bath lifts, bath aids, and other typical bathroom-toilet assist devices are only some examples. The demand has increased in the past and this is due to these product's convenience and higher adoption rate. The increased emphasis on user-friendliness among providers is anticipated to fuel growth in the market.
In this region, the demand for product is rising owing to the growing need for post-operative care, as the region has a high disease burden particularly for noncommunicable diseases. Additionally, recent data and analyses show how the country's increased life expectancy has substantially impacted Saudi Arabia's age structure. Variations in mortality and birth rates are another explanation for this phenomenon.
According to Saudi Arabian Monetary Agency (SAMA) projections, 25% of Saudi Arabia's 40 million people will be 60 or older by the end of 2050. In addition, 1.6 million people, or 4% of the country's population, will be 80 or older at that time. It is anticipated that rising senior populations and the number of oncological surgeries will increase demand for such products, accelerating the expansion of the market.
The Brazil market dominated the LAMEA 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 $147.9 million by 2030. The Argentina market is anticipated to grow at a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 8.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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