Market Leadership - Bathroom and Toilet Assist Devices Market
The global bathroom and toilet assist devices market is expected to reach USD 4.68 Billion by 2020, at a CAGR of 5.7% from 2015 to 2020.
The major players profiled in the global bathroom & toilet assist devices market report include, ArjoHuntleigh, Bischoff & Bischoff GmbH, Etac AB, DIETZ GmbH, Ortho XXI, K Care Healthcare Equipment, GF HEALTH PRODUCTS, INC., Juvo Solutions, Spectra Care Group, and others.
The key growth strategies adopted by the top companies (profiled in the report) include acquisitions, partnerships, collaborations and agreements, new product launches, expansions. Mergers & acquisitions have been the key strategy adopted by the industry players to achieve growth in the bathroom & toilet assist devices market. Companies such as GF Health Products, Inc., Juvo Solutions, Prism Medical, and K Care Healthcare Equipment adopted this strategy. The second-most-preferred strategy was new product development. The market players adopted this strategy to strengthen their product and service portfolios and increase their presence in the bathroom & toilet assist devices market, globally.
Various companies majorly focus on strategies like new product launch, acquisitions, expansions and many more. This helps the companies to expand their product portfolios and thus advance in their technologies. Companies also focuses on building relationships with its customers, which include people with physical disabilities, doctors, clinics, therapists, and care providers. They aim at designing and developing new products to cater to the changing requirements of its customers, thus prioritizing to make patients life better and more comfortable through products that suits their needs.
The companies also are focusing on various partnerships and widen their distribution channel. This helps them to maintain a good distributional channel across all regions and thus popularize their equipment, worldwide.
In December 2015, Etac acquired Convaid Products, Inc., a California US-based manufacturer of custom-made, compact-folding, lightweight, adaptive-assisted wheelchairs. Convaid has wide range of innovative mobility products, which are added to the existing portfolio of Etac.
In July 2015, one of the global leaders, Drive Medical acquired DeVilbiss Healthcare, a U.S. based global manufacturer of respiratory and sleep products. DeVilbiss Healthcare has distribution network in 80 countries, which include the entire North America, France, Germany, the Netherlands, the U.K., Australia, and China. This acquisition will provide Drive Medical a platform in the respiratory and sleep spaces, while increasing their manufacturing capabilities and expanding their growing presence in Europe.
In February 2106, GF Health Products, Inc. launched a new product, Matrix 4000. This product offers advanced positioning options, including chair, Trendelenburg, and reverse Trendelenburg. This helped the company to widen its product portfolio.
In February 2016, K Care Healthcare Equipment partnered with Mobile Repairs/Victorian Home Health Equipment (Mobile Repairs) to expand and improve their current range of service offerings and to facilitate distribution of their products in other regions.
Related Reports:
Bathroom & Toilet Assist Devices Market by Product Type (Chairs & Stools, Bath Lifts, Toilet Seat Raisers, Toilet Aids, Commodes, Handgrips & Grab Bars, Bath Aids), Region (North America, Asia-Pacific, Europe, Row) - Global Forecast to 2020
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