Market revenue in 2023 | USD 34.6 million |
Market revenue in 2030 | USD 56.7 million |
Growth rate | 7.3% (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 |
Commodes was the largest segment with a revenue share of 20.23% in 2023. Horizon Databook has segmented the Thailand 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 geriatric population in the country is responsible for market growth. For instance, according to WHO, the geriatric population in the country is 12 million, making it one of the fastest-aging countries globally. Moreover, the rising number of people with disabilities in the country is boosting the demand for assistive devices.
For instance, according to the Borgen Project, around 3% of people in Thailand suffer from disability. In addition, the growing number of fall injuries in the country is expected to propel demand for bathroom and toilet assistive devices.
According to an article published by Emerald Publishing Limited in July 2022, nearly 6.6% of the elderly population in the country reported a fall incident prior to the study. Furthermore, according to an article by Bangkok Hospital, nearly 1,600 fatalities are reported annually due to accidental falls.
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