Smart Toilet Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Wall Hung Toilet, Close-Coupled, Single Floor Standing Toilet, One-Piece Toilet, and Others), Connectivity Type (Wi-Fi & Integrated Control and Bluetooth & Remote

According to the new research report titled "Smart Toilet Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 11,620.76 million by 2028 and register a CAGR of 11.4% from 2022 to 2028.

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Smart toilet is integrated with advanced technologies to ensure high-class cleanliness. Duke University's Duke Smart Toilet Lab provides opportunities, offered by examination of human excreta, to boost individuals to manage their wellness. Smart toilets assist in overcoming challenges faced while collecting urine and feces. These toilets act as an alternate specimen collection device. Duke Smart Toilet Lab generates enabling technologies for sampling, capturing, and analyzing excreta for the critical health data, which can help enhance individual's health. In 2021, team members have introduced Coprata Inc. to make smart sampling toilet technology commercial. Moreover, smart toilet is built with high-end technology that facilitates disease identification such as COVID-19. The smart toilet analyzes individuals' stool and urine samples along with stool consistency, which are amongst the key factors for virus detection. All the data collected don't remain with toilet, instead it goes to the cloud for analysis purposes later. Technological advancements by way of integrating cameras to analyze urine and stool for sampling collection will help in predicting the medical health of respective users. Additionally, it will assist in performing physical and molecular analysis, which is projected to propel the installation of smart toilets in the coming years.

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Moreover, digital health is witnessing investments in products such as smart toilet seats. In countries such as the US, the digital-health funding on an average got doubled from 2019 to US$ 39.9 million in 2021. At global level, emergence of digital health, including smart toilet seats, is projected to assist in treating over 400 million people who strives to have proper healthcare access. Thus, all aforesaid factors are expected to augment the smart toilet market share during the forecast period.

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The rising awareness of smart home technologies across Canada is fueling the adoption of smart toilets. The rising cost of living including electricity bills across the country is influencing the homeowners to adopt energy saving technologies across their houses. These factors have influenced the demand for energy efficient smart toilets across the country. Additionally, the rise in water crisis across the country has led to the development of several water advisory bodies. These bodies are involved in spreading awareness regarding the use of water and promoting the adoption of water efficient solutions across residential and nonresidential complexes. These factors are expected to bolster Canada's smart toilet market growth in the coming years.

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The smart toilet market share in South America is mainly driven by the presence of international smart toilet manufacturing companies across the region that sell their respective products through partnered distributors across different countries of the region. The COVID-19 pandemic has adversely affected the economic condition of the countries across South America, which has declined the spending on smart toilets by users across the region. Further, the vendors of smart toilet systems across South America have witnessed a huge disruption of the overall supply chain. The region experienced delays in the deliveries of smart toilet systems as the international import & export operations were temporarily discontinued due to the shutdown of cross-border operations. This has hampered the smart toilet market growth across the region during the COVID-19 pandemic.

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The global smart toilet market size is segmented on the basis of product type, connectivity type, end user, and geography. Based on product type, the smart toilet market is segmented into wall hung toilet close-coupled, single floor standing toilet, one-piece toilet, and others. Based on connectivity type, the smart toilet market is bifurcated into Wi-Fi & integrated control and Bluetooth & remote control. Based on end user, the smart toilet market is bifurcated into residential and commercial. The smart toilet market size, based on region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM)).

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Key Findings of Study:

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Europe accounted for the largest share in the global smart toilet market in 2021. The increasing adoption of smart home solutions across Europe with the rising disposable income and enhanced lifestyle of the urban population is encouraging the demand for smart toilets across the region. According to the European Standards, toilet flushes are limited to use 6L or less water per flush. Thus, stringent government regulations across Europe to conserve water to combat the rising water crisis are driving the growth of the market in the region.

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The smart toilet market in APAC is expected to grow at the highest CAGR from 2022 to 2028. The presence of numerous smart toilet manufacturers across the region who are focused on constant product innovation and development is expected to propel the growth of the regional market during the forecast period. Additionally, the increasing technological adoption across households and high urbanization rate across APAC would boost the demand for smart toilets in the coming years.

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