Market revenue in 2023 | USD 303.9 million |
Market revenue in 2030 | USD 532.0 million |
Growth rate | 8.3% (CAGR from 2023 to 2030) |
Largest segment | Bath lifts |
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 |
Bath lifts was the largest segment with a revenue share of 19.91% in 2023. Horizon Databook has segmented the Canada 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 growing number of fall injuries is expected to propel market growth in Canada. Adults aged 65 or older are at a higher risk of falls. The key factors attributable to increased risk in the geriatric population for fall injuries are decreased mobility & balance, muscle weakness, and visual impairment.
According to Health Canada, the mortality rates associated with falls have increased by 111% in two decades starting from 2001; moreover, fall-related hospitalizations increased by 47% between 2008 to 2019. The estimated direct cost of fall injuries in Canada was USD 5.6 billion in 2018-19.
The key factors identified for falls were biological factors, which included decreased mobility, muscle weakness, and chronic illness; behavioral factors, which included a history of falls, fear of falling, and poor nutrition; social factors, which included low-income, low education, inadequate housing, and limited access to appropriate health or social services; and environmental factors such as home hazards, clutter, poor lighting on stairs.
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