Market revenue in 2023 | USD 4,762.2 million |
Market revenue in 2030 | USD 7,724.4 million |
Growth rate | 7.2% (CAGR from 2023 to 2030) |
Largest segment | Commodes |
Fastest growing segment | Bath Lifts |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Shower Chairs and Stools, Bath Lifts, Toilet Seat Raiser, Commodes, Handgrips and Grab Bars, Bath Aids |
Commodes was the largest segment with a revenue share of 19.15% in 2023. Horizon Databook has segmented the Global bathroom and toilet assist devices market based on shower chairs and stools, bath lifts, toilet seat raiser, commodes, handgrips and grab bars, bath aids covering the revenue growth of each sub-segment from 2018 to 2030.
According to several NCBI studies, individuals aged over 65 are at a greater risk of developing chronic illnesses and disabilities, such as Parkinson's disease and nervous system disorders. According to WHO, the global population aged 60 and above significantly increased from around 1 billion in 2020 to about 1.4 billion in 2030 and is expected to almost double to around 2.1 billion by 2050.
The risk of malnutrition and frailty in the geriatric population with comorbidities, such as stroke, depression, and dementia, is much higher, mainly owing to various age-related changes in body composition and muscle mass, resulting in physical disabilities.
RA often causes pain and stiffness in the joints, making it difficult for patients to walk or move around freely. According to WHO, nearly 18 million people around the world suffer from RA. Assistive devices, such as shower chairs and stools, bath lifts, or bath aids, provide stability & support, reducing the risk of falls. Technological advancements in the orthopedic implants market.
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