Enjoy complimentary customisation on priority with our Enterprise License!
Geriatric care devices are products that ease the daily activity of senior people and include devices like wheelchairs, walkers, and adult diapers. The global market for geriatric care devices is positively influenced by the rapid rise in elderly population and related diseases, which results in its healthy CAGR of more than 10% during the forecast period.
Growing prevalence of urinary incontinence is the key driver for the growth of this market. Urinary incontinence is caused by sphincter dysfunction or bladder dysfunction and affects nearly 200 million people worldwide. This increase in the prevalence of urinary incontinence is expected to augment the demand for adult diapers, which in turn will result in the growth of this market.
This market is highly fragmented due to the presence of numerous large and small vendors. These vendors use innovative strategies for product upgradation and develop products according to customer needs so as to gain maximum prominence in the market during the forecast period.
Key vendors in this market are -
Other prominent vendors in this market are Drive Medical, Kao, Medline, Mobility Aids Sales and Services, Nippon Paper, Pride Mobility Products, Principle Business Enterprises, P&G, and Sunrise Medical.
In this market research report, analysts estimate the adult diapers segment to account for more than 51% of the total market share by 2019. The convenience and comfort offered by adult diapers have increased their adoption among people and results in its high market share during the forecast period.
Geographically, the Americas are considered to be the major revenue contributor for geriatric care devices followed by the APAC and the EMEA regions. Factors like the increase in number of elderly population coupled with the presence of prominent vendors in the US region are responsible for this region’s high market share during the forecast period.
Technavio also offers customization on reports based on specific client requirement.
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.