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Rise in Healthcare Expenditure Boosting the Investment of the US Medical Bathtubs Market - More than $79.18 Million Market Opportunities - Exclusive Focus Insight Report by Arizton

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News provided by

Arizton Advisory & Intelligence

25 Apr, 2024, 17:50 GMT

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CHICAGO, April 25, 2024 /PRNewswire/ -- According to Arizton's latest focus research report, the US medical bathtubs market is growing at a CAGR of 2.27% during 2023-2029.

To Know More, Click: https://www.focusreports.store/report/us-medical-bathtubs-market-focused-insights

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The U.S. Medical Bathtubs Market

Report Attributes 

Details 

Market Size (2029)   

$79.18 Million 

Market Size (2023) 

$69.19 million

CAGR (2023-2029)   

2.27 %

Historic Year 

2020-2022

Base Year 

2023

Forecast Year 

2024-2029

Home healthcare services are gaining momentum, and medical electrical bathtubs are becoming essential equipment in home care settings, ensuring the provision of hygienic and comfortable bathing experiences for patients in the comfort of their homes. The demand for the medical bathtubs market is rising due to multiple factors, including the increasing prevalence of chronic diseases, the rising geriatric population, and technological advancements in medical bathtubs. Financial players such as venture capitalists, private equity firms, and angel investors drive growth in the medical bathtub market by providing crucial capital for research, development, and commercialization efforts.

Technological advancements are the key trend gaining popularity in the medical bathtub market. It is observed that major market players operating in the bathtub market are focused on bringing technological advancements to offer enhanced products to their customers.

For instance, in 2022, Kohler launched the perfect-fill technology bathtub. This bathtub has voice command technology that uses Alexa to fill and remove water into and from the bathtub. Perfect fill comprises a drain kit and a digital valve that brings the bath to the chosen temperature and depth. The advanced bathtubs provide hydrotherapy, temperature regulation, and enhanced accessibility, catering to the evolving demands of the healthcare and wellness sectors.

Electric Bathtubs the Fastest Growing Segment

The electric bathtubs market had a 75.95% market share and was valued at $52.56 million in 2023. An electric medical bathtub is a specialized bathtub designed for medical purposes, which utilizes electricity to provide adjustable height, side access, lift seats, shower seats, and other features for patients in hospitals, households, and convalescent centres. The target market for Electric Medical Bathtub includes healthcare providers, hospital chains, nursing homes, rehabilitation centres, and home healthcare service providers. The US is expected to contribute significantly to the growth of the electric medical bathtub market due to increasing healthcare expenditure and the presence of major market players in the country.

Segmentation & Forecast

Operation

  • Electric Bathtubs
  • Manual Bathtubs

End-Users

  • Hospitals & Clinics
  • Home Care
  • Others

Product

  • Walk-In Bathtubs
  • Sitz Bathtubs
  • Slide-In Bathtubs

Vendors List

Key Vendors

  • Arjo
  • Beka
  • EGO Zlin
  • T.R. Equipment
  • American Standard

Other Prominent Vendors

  • Etac
  • Medi Plinth
  • Aquassure
  • Chinesport
  • Ponte Giulio
  • SWCORP
  • Thermomat
  • Zhongjin Medical 
  • BathtubsPro
  • Sanford Home Services
  • American Tub Factory
  • Ropox
  • Ella's Bubbles
  • Penner Bathing
  • Independent Home
  • Georg Krämer Ges.m.b.H. & Co KG
  • Horcher Medical Systems 

Check Out Some of the Latest Focus Insight Reports: 

U.S. Pharmaceutical Packaging Market- Focused Insights 2023-2028

https://www.focusreports.store/report/us-pharmaceutical-packaging-market-focused-insights

APAC Wound Care Market - Focused Insights 2023-2028

https://www.focusreports.store/report/asia-pacific-wound-care-market-focused-insights

Europe Nitrile Gloves Market - Focused Insights 2023-2028

https://www.focusreports.store/report/europe-nitrile-gloves-market-focused-insights

US Walk-in Bathtubs Market - Focused Insights 2023-2028

https://www.focusreports.store/report/united-states-walkin-bathtubs-market-focused-insights

About Focused Reports by Arizton

Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing. 

About Us:                                                     

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                          

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.                                                            

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.        

Contact Us:       
Call: +1-312-235-2040                                                   
          +1 302 469 0707                                                
Mail: enquiry@arizton.com      
Website: https://www.focusreports.store/

Photo: https://mma.prnewswire.com/media/2397540/US_Medical_Bathtubs_Market.jpg
Logo: https://mma.prnewswire.com/media/2326840/4671423/Focus_Reports_Logo.jpg

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