According to a market report by Lucintel, the future of the global medical electrical bathtub market looks promising with opportunities in hospitals, nursing homes, and homes. The global medical electrical bathtub market is expected to reach an estimated $0.21 billion by 2028 with a CAGR of 6.9% from 2023 to 2028. The major drivers for this market are increasing geriatric population and frequency of disabilities and rising trend for home healthcare services along with growing focus of government on improving healthcare facilities in the developing nations.
In this market, with lift seat and without lift seat are the different segments of medical electrical bathtub market by type. Lucintel forecasts that the segment of with lift seats will remain the higher growing segment over the forecast period because they can be easily be operated and help in improving the quality of life by making bath sessions more comfortable.
Within this market, hospitals will remain the highest growing segment because bathtubs are designed to offer safety and convenient bathing experience for individuals with mobility limitations in hospitals, as well as long-term medical facilities.
North America will remain the largest region over the forecast period due to presence of advanced healthcare facilities, increasing elderly population, and supportive reimbursement policies in this region.
Arjo, OG Wellness, KingKraft, TR Equipment, Gainsborough Baths, BEKA Hospitec, Chinesport, Reval Group, Georg Kramer Ges, and Horcher Medical Systems are the major suppliers in the global medical electrical bathtub market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global medical electrical bathtub market by type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Medical Electrical Bathtub Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global medical electrical bathtub market by type, application, and region, as follows:
Medical Electrical Bathtub Market by Type [Shipment Analysis by Value from 2017 to 2028]:
With Lift Seat
Without Lift Seat
Medical Electrical Bathtub Market by Application [Shipment Analysis by Value from 2017 to 2028]:
Hospitals
Nursing Homes
Homes
Others
Medical Electrical Bathtub Market by Region [Shipment Analysis by Value from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global medical electrical bathtub market by type (with lift seat and without lift seat), application (hospitals, nursing homes, homes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?