Absolute Market Insights recent analysis of the Medical Commodes finds that the increasing demand from the physically challenged population and people undergoing bariatric surgery is expected to witness maximum growth in the Medical Commodes during the forecast period. The global Market revenue stood at a value USD 608.7 Mn in the year 2021.
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Market Synopsis
Medical commode is a portable toilet for the people with impairments, intestinal diseases and patients recovering from bariatric surgery which can help them get down to the toilet seat or rise up again.
Medical Commodes on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behaviour such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.
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Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Medical Commodes is predicted to grow at a CAGR of roughly 7.70% during the forecast period.
- The Medical Commodes was estimated to be worth roughly 608.7 Mn in 2021 and is expected to reach USD 977.1 Mn by 2028; based on primary research.
- On the basis of region, Medical Commodes is projected to dominate the worldwide.
Market Dynamics:
Industry Analysis
The report covers exhaustive analysis on the global Medical Commodes. Industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.
Drivers:
The global medical commodes market is rising owing to the growing number of physically challenged population and people undergoing bariatric surgery has risen considerably in the last few years..In the last few years, home care is being adopted by huge geriatric population, owing to which the rental system for medical commode has taken an upsurge.
Restraint
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments worldwide implemented strict lockdown measures and social distancing norms to restrict the swift spread of the pandemic. Manufacturing facilities worldwide were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pervasive might lead to a significant delay in the commercial roll-out of the packaging industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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The Report on Medical Commodes Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historical Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
North America accounted for the highest share in the global medical commodes market in the year 2021. In the last few years, there have been huge investments in healthcare facilities and equipment in United States and Canada. According to the Population Reference Bureau, by 2060, the number of people aged 65 and up in the United States is expected to nearly double, from 52 million in 2018 to 95 million. Thus with the rise in geriatric population in North America the demand for medical commode will considerably rise. Additionally the trend of old age homes and nursing care centers in United States has upsurged in the last few years, due to the changing lifestyle and family concepts. Moreover the government organizations in United States are introducing various schemes and insurances for patients and geriatric population to have access to these medical commodes for old age homes and home cares. Thus with the above factors stated, the medical commodes market is flourishing in North America.
List of Prominent Players in Medical Commodes:
- CANADA CARE MEDICAL Inc.
- Cardinal Health
- Carex
- Channel Healthcare
- CLEANIS
- Compass Health Brands
- Drive Medical
- GF HEALTH PRODUCTS INC.
- Invacare Corporation
- McKesson Medical-Surgical Inc.
- Medical-Surgical Inc.
- Medline Industries Inc
- NOVA Medical Products
- Permobil
- Other Industry Participants
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Medical Commodes?
- How will the Medical Commodes change in the upcoming six years?
- Which application and product will take a lion’s share of the Medical Commodes?
- What is the Medical Commodes drivers and restrictions?
- What will be the CAGR and size of the Medical Commodes throughout the forecast period?
This market titled Medical Commodes will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
Market Size Provided for Years – 2016-2028
Base Year – 2021
Historic Years – 2016-2020
Forecast Years – 2022-2028
Segments Covered
- Offering
- Products,
- Services
- Commode Type
- 3-in-1 Commode,
- Drop-arm Commode,
- Bariatric Commode,
- Shower Commode Chair,
- Folding Commode,
- Wheelchair Commode,
- Padded Commode,
- Others
- Application
- Healthcare Facilities,
- Old Age Homes,
- Home Care,
- Others
- Distribution Channel
- Online,
- Offline
Region & Counties Covered
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Report Coverage
- Market growth drivers
- restraints, opportunities
- Porter’s five forces analysis
- PEST analysis
- Value chain analysis
- Regulatory landscape
- Technology landscape
- Patent analysis
- Market attractiveness analysis by segments and Regional
- Company market share analysis
- COVID-19 impact analysis
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