Latin America Bathroom And Toilet Assist Devices Market Size & Outlook
Latin America bathroom and toilet assist devices market, 2018-2030 (US$M)
Related Markets
Latin America bathroom and toilet assist devices market highlights
- The Latin America bathroom and toilet assist devices market generated a revenue of USD 354.5 million in 2023.
- The market is expected to grow at a CAGR of 6.4% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 354.5 million |
| Market revenue in 2030 | USD 548.4 million |
| Growth rate | 6.4% (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 |
| 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, Latin America region accounted for 7.4% of the global bathroom and toilet assist devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,668.5 million by 2030.
Commodes was the largest segment with a revenue share of 19.32% in 2023. Horizon Databook has segmented the Latin America 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.
Latin America held a market share of 7.4% in 2023 of the global bathroom and toilet assist devices market. Economic development and government initiatives for developing an inclusive infrastructure fuel market expansion. Major players compete in offering innovative, user-friendly, and technologically advanced solutions.
However, challenges such as affordability & uneven healthcare access in some regions may hinder widespread adoption. Growing life expectancy & awareness about home healthcare services, increasing prevalence of disabilities, and rising demand for medical devices for long-term care are key factors expected to boost the market growth over the forecast period.
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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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Latin America bathroom and toilet assist devices market size, by country, 2018-2030 (US$M)
Latin America Bathroom And Toilet Assist Devices Market Outlook Share, 2023 & 2030 (US$M)
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