Global Stair Lifts and Climbing Devices Market to reach 3.1 billion by 2027.Global Stair Lifts and Climbing Devices Market is valued approximately USD 1.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.9% over the forecast period 2021-2027.
Stairlifts, stair elevators or stair climbing wheelchairs are called as the contemporary mobility aids that are designed to help people who face such mobility and accessibility issues or for the physically disabled people and for the people who are suffering with major heart disease. A stairlift is basically a motor-powered wheelchair on rails.
Increasing number of osteoporosis diseases in the aging population and increase in per capita disposable income as well as increasing technological innovations are factors driving the growth of the market.
In March 2019, Platinum Stairlift introduced its single tube curved stairlift, which is designed to fulfil the increasing demand for the domestic stairlifts. Additionally, the company has launched new product which will also lead to evaluation and development of the product leading to provide reliability the customers with Dolphin Mobility as an integral launch partner.
Increasing trend of being fit and awareness towards health and well-being among consumers avoids the lifts and easy climbing equipment is hampering the growth of the market. However, increasing number of obesity cases and the growing elderly population, increasing integration of automation in healthcare equipment and growing efforts from governments and private organizations will result in the growth of the market in forthcoming period.
The regional analysis of Global Stair Lifts and Climbing Devices Market is considered for the key regions such Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific dominates the global stair lifts and climbing markets. The main factors include increasing disposable incomes, coupled with the changing lifestyles of consumers. The growing geriatric population is expected to fuel the demand for high-end home care technology, thereby increasing the demand for stair lifts and climbing devices.




Major market player included in this report are:
Acorn Stairlifts
Bruno Independent Living Aids
Handicare Group
ThyssenKrupp Elevator Technology
Stannah
Hiro Lift
American Elevator
AmeriGlide
Ascent Mobility
Bespoke Stairlift

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Industrial within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product Partss of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Stair Climbing Wheelchairs
Stair Lifts
By End-user:
Hospitals
Homecare
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoASIA PACIFIC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Stair Lifts and Climbing Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors