Market Trends of Asia-Pacific Bathroom and Toilet Assist Devices Industry
This section covers the major market trends shaping the APAC Bathroom & Toilet Assist Devices Market according to our research experts:
Increasing Geriatric Population and Number of Individuals with Physical Disabilities Boosting the Adoption of Bathroom and Toilet Assist Devices
The aging population in Asia-Pacific is increasing at an unprecedented pace due to rapid decreases in fertility rates, followed by decreasing mortality rates and increasing life expectancy. In several countries of the region, the population aging process is taking only 20-25 years, while it took at least more than 50 years in most countries in Europe. The population aging process is defined as the number of years required or expected for the percentage of the population aged 65 or over to rise continuously from 7% to 14%.
In Asia Pacific, the number of older people is projected to more than double, from 630 million in 2020 to about 1.3 billion by 2050. Aging increases the vulnerability of a person to developing diseases such as osteoporosis and rheumatoid arthritis. Therefore, the increasing geriatric population is expected to boost the market for assistive devices.
Rising Demand in China for Bathroom and Toilet Assist Devices
In order to improve living conditions in rural areas, China has invested a lot of manpower and material resources in the "toilet revolution," thus boosting its toilet market and creating more demand for devices. In less than three years, China's toilet revolution saw 68,000 public restrooms built in urban areas, and over 10 million toilets were upgraded in the countryside. An additional 64,000 public facilities were opened in late 2020.
With this revolution, more than 70% of rural residents had access to sanitary toilet facilities. More than 90% of rural residents in eastern China and the suburbs of central and western China now have access to sanitary toilets. Since 2018, more than 40 million rural toilets have been renovated.
