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Global Hospital Commode Market CAGR, Volume and Value 2019-2026

Summary
A new market study, titled “ Global Hospital Commode Market - 2019-2026” has been featured on WiseGuyReports.
Global Hospital Commode Market Overview
The global hospital commode market size was worth $ XX billion in2018 and is forecasted to reach $ XX billion by 2026, at a CAGR of XX% during the forecast period.
Hospital commode refers to the toilets which are user friendly and perfect product for bed ridden. Hospital commodes help patients and geriatric people to accommodate themselves on commode with own arm strength.
Hospital commodes helps people with bowel dysfunction, patients recovering through bariatric surgery, senior citizens, disable persons, people treated with knee implantations and orthopedic surgeries.
Hospital commodes are usually placed next to the bed, but for the sake of convenience, most models are portable and can be moved to different rooms during the day. These are generally found in private homes, rehabilitation centers, and hospitals serving a multitude of people with varying mobility needs.
Global Hospital Commode Device -Market Dynamics
Increasing number of geriatric population is primarily driving global hospital commode in recent years and expected to remain same over the forecast period. According to National Institute of Aging, by 2050 people aged 65 and above are anticipated to reach 1.6 billion.
According to United States Census Bureau in 2017, in United States, people aged 65 and over increased from 35.0 million in 2000, to 49.2 million in 2016, accounting for 12.4 percent and 15.2 percent of the total population.
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Increasing number of people with low bone density and orthopedic problems are fueling global hospital commode market over the forecast period. According to American Academy of Orthopedic Surgeons in 2018, in United States, by 2030 total hip replacements are expected to reach 635,000 from 370,770 in 2014. Hence owing to the increase in number of orthopedic surgeries, demand for hospital commode market is increasing over the forecast period.
Increasing prevalence of bariatric people, growing number of surgeries and physically disabled person are boosting the requirement of global hospital commodities.
Global Hospital Commode Market – Segment Analysis
Based on device type, global hospital commode market is segmented into static commodes, portable commodes, bariatric commodes and foldable commodes. Static commodes also known as bedside commodes held the highest market share in 2018 as they are the most common used commodes. They are often called as 3-in-1 commodes because they serve three functions bedside commode, raised toilet seat, and shower use. Static commodes are normally used by people treated with surgeries and increasing number of surgeries are boosting the requirement of these products.
Portable commodes often called as commodes on wheels or mobile commodes had the second largest share in recent years. Mobile commodes can be moved easily to different locations, offering people a practical toileting aid anywhere in the home or healthcare environment. Portable commodes are frequently used by geriatric people. According to National Institute on Aging, in 2019, one in every three senior citizens over 65 years suffers from a fall each year and 80% of these unfortunate events happen in the bathroom.
Based on end user, global hospital commode market is categorized into hospitals, ambulatory surgery centers and adult day care centers. Hospitals have the significant market share due to presence of patients and increasing number of patients.
Global Hospital Commode Market – Geographical Analysis
The global hospital Commode market is segmented into North America, Europe, Asia Pacific, South America and rest of the world.
North America is dominating the global hospital commode market due to increasing number of bariatric surgeries. According to American Society for Metabolic and Bariatric Surgery in 2017, in United States, 228,000 bariatric surgeries were performed and expected to surge further over the forecast period. Increasing number of obese people in American countries and people with physical disabilities are driving hospital commode market in North America region.
Europe is registering fastest CAGR over the forecast period due to increasing number of geriatric population. According to Eurostat Statistics, in 2017, nearly one fifth (19 %) of the EU population was aged 65 and above. Thus boosting the requirement of hospital commodes.
Asia Pacific is expected to contribute more revenue over the forecast period due to increasing number of manufacturers, suppliers and government policies.
Global Hospital Commode Market – Competitive Analysis
The global hospital market is highly fragmented in nature with more number of players. Local vendors are offering products with low cost trying to grab the market share. Key players are engaged in enhanced better and advanced products to attract large number of customers and provide them with better quality products.
The key players in global hospital commode market are Drive Medical, Invacare Roma Medical, Compass Health Brands, Nova Medical Products, Cardinal Health, TFI HealthCare, Medline Industries, Cascade Healthcare Solutions, Avacare Medical, Lagooni B.V.
In August 2017, Cortech Healthcare which designs, develops and manufactures a range of independent living products launches new manufacturing base on the Isle of Man.
In November 2017, Arcatron Mobility launched Frido highly compact and portable commode and is capable of accessing different kinds of bathrooms.
Why Purchase the Report?
• Visualize the composition of the hospital commode market across each indication, in terms of product type highlighting the key commercial assets and players.
• Identify commercial opportunities in hospital commode market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of hospital commode market - level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players
Target Audience
• Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers

FOR MORE DETAILS – https://www.wiseguyreports.com/reports/4206928-global-hospital-comm...

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