Argentina Bathroom And Toilet Assist Devices Market Size & Outlook
Argentina bathroom and toilet assist devices market, 2018-2030 (US$M)
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Argentina bathroom and toilet assist devices market highlights
- The Argentina bathroom and toilet assist devices market generated a revenue of USD 51.2 million in 2023 and is expected to reach USD 77.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, commodes was the largest revenue generating product in 2023.
- Bath Lifts is the most lucrative product segment registering the fastest growth during the forecast period.
Bathroom and toilet assist devices market data book summary
| Market revenue in 2023 | USD 51.2 million |
| Market revenue in 2030 | USD 77.9 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Commodes |
| Fastest growing segment | Bath Lifts |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| Key market players worldwide | Getinge AB ADR, Carex Health Brands, Prism Medical, Sunrise Medical, Savaria Corp, Bischoff & Bischoff, Invacare, Etac AB, Graham - Field Health Products |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global bathroom and toilet assist devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bathroom and toilet assist devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 111.9 million by 2030.
Commodes was the largest segment with a revenue share of 18.75% in 2023. Horizon Databook has segmented the Argentina 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.
The country's growing geriatric & physically challenged population contributes to market growth. For instance, in 2020, there were over 7.1 million people over the age of 60. Around 5 million people are living with a physical disability in Argentina.
Hence, due to the growing disabilities and geriatric population, the bathroom and toilet assist devices market is expected to grow over the forecast period. This large population can create major opportunities for players in the bathroom and toilet assist devices market. Improving healthcare expenditure in the country is expected to enhance market growth over the forecast period.
According to data from the World Population Review 2021, Argentina has a substantial incidence rate of severe heart disease, with over 993 cases per 100,000 individuals annually. This highlights the considerable burden of heart disease in the country, boosting the market growth.
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Bathroom And Toilet Assist Devices Market Scope
Bathroom And Toilet Assist Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bathroom and toilet assist devices market size, by product, 2018-2030 (US$M)
Argentina Bathroom And Toilet Assist Devices Market Outlook Share, 2023 & 2030 (US$M)
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