FEATURED COMPANIES
- Acorn Stairlifts Inc.
- Ascent Mobility
- Handicare Group AB
- Kumalift Co., Ltd.
- Otolift Stairlifts Ltd.
- Savaria Corp.
Global Stair Lifts Market to Reach $1.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Stair Lifts estimated at US$934.6 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 5% over the period 2020-2027. Straight, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$821.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Curved segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $204.7 Million, While China is Forecast to Grow at 7.3% CAGR
The Stair Lifts market in the U.S. is estimated at US$204.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$151 Million by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Select Competitors (Total 62 Featured) -
- Acorn Stairlifts Inc.
- AmeriGlide
- Ascent Mobility
- Bruno Independent Living Aids, Inc.
- EHLS, a Lifeway Mobility Company
- Gruppo Millepiani S.p.a
- Handicare Group AB
- Harmar Mobility LLC
- HIRO LIFT (Hillenkötter + Ronsieck)
- Kumalift Co., Ltd.
- Lehner Lifttechnik GmbH
- Otolift Stairlifts Ltd.
- Platinum Stair Lifts Ltd.
- Prism U.K. Medical Limited
- Qingdao Sinofirst Machinery Co., Ltd.
- Savaria Corp.
- Stannah Lifts Holdings Ltd
- Symax Lift Co, Ltd.
- Taamal Mizra Electra
- ThyssenKrupp AG
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Acorn Stairlifts Inc.
- Ascent Mobility
- Handicare Group AB
- Kumalift Co., Ltd.
- Otolift Stairlifts Ltd.
- Savaria Corp.
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
LATIN AMERICA
REST OF WORLD
IV. COMPETITION
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and Looming Global Recession
- Pandemic Weakens Global Economic Environment, Triggering Negative Tide in GDP
- Exhibit 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- An Introduction to Stair Lifts
- Global Stair Lifts Market: Prospects & Outlook
- Residential Spaces Lead the Global Stair Lifts Market
- Developed Regions Lead Global Market
- Competition
- Recent Market Activity
- Key Brands
3. MARKET TRENDS & DRIVERS
- Rising Awareness about Advantages of Stairlifts in Enabling Better Mobility Drives Market
- Aging Population Prone to Age-Related Conditions & Mobility Issues Fosters Need for Stair Lifts
- Exhibit 2: Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Exhibit 3: Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Exhibit 4: Life Expectancy at Birth in Years of People in Select Countries for 2020E
- Rise in Incidence of Musculoskeletal Disorders and Physical Disabilities Propels Market Growth
- Osteoarthritis & Osteoporosis: Major Health Conditions Affecting Mobility in the Elderly
- Osteoporosis: Factsheet
- Exhibit 5: Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P
- Exhibit 6: % of Women Affected by Osteoporosis
- Stair Lifts Come to the Aid of Elderly with Disabilities & Restricted Mobility due to Lifestyle Diseases
- Exhibit 7: World Diabetes and Population Statistics (2019, 2030 & 2045)
- Exhibit 8: Global Prevalence of Diabetes: Number of Adults Diagnosed with Diabetes (in Million) by Gender for 2019, 2030 and 2045
- Obesity Impacts Mobility, Driving Need for Stair Lifts
- Obesity Statistics in Brief
- Exhibit 9: Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Rising Incidence of Disability: A Grim Reality Driving the Stair Lifts Market
- Exhibit 10: Percentage of Population with Disabilities by Age Group
- Rise in Healthcare Spending Levels and Investments into Healthcare Infrastructure Bodes Well for Stair Lifts Market
- Exhibit 11: World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021, 2023
- Exhibit 12: Healthcare Expenditure as a % of GDP by Region for 2019
- Trend towards Smart Homes to Favor Stair Lifts Market
- Exhibit 13: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
- Design Modifications and Infrastructure Development in Care Facilities & Residences Propels Market
- Shift towards Home Healthcare Augurs Well for the Market
- Technology and Design Innovations Vital to Sustained Market Growth
- Major Challenges Confronting the Stair Lifts Market
III. MARKET ANALYSIS
UNITED STATES
- US Stair Lifts Market: An Overview
- Exhibit 14: Arthritis Prevalence (in Millions) in the US for Years 2015, 2020, 2025 and 2030
- Aging Demographics: A Key Market Driver
- Exhibit 15: Population of 65+ Age Group (in Thousands) in the US for 2019 and 2030
- Exhibit 16: North American Aging Population (in Thousands) by Age Group: 1975-2050
- Trend towards Home Healthcare Augurs Well for Market Expansion
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
LATIN AMERICA
REST OF WORLD
IV. COMPETITION
- Total Companies Profiled: 62
Note: Product cover images may vary from those shown
- Acorn Stairlifts Inc.
- AmeriGlide
- Ascent Mobility
- Bruno Independent Living Aids, Inc.
- EHLS, a Lifeway Mobility Company
- Gruppo Millepiani S.p.a
- Handicare Group AB
- Harmar Mobility LLC
- HIRO LIFT (Hillenkötter + Ronsieck)
- Kumalift Co., Ltd.
- Lehner Lifttechnik GmbH
- Otolift Stairlifts Ltd.
- Platinum Stair Lifts Ltd.
- Prism U.K. Medical Limited
- Qingdao Sinofirst Machinery Co., Ltd.
- Savaria Corp.
- Stannah Lifts Holdings Ltd
- Symax Lift Co, Ltd.
- Taamal Mizra Electra
- ThyssenKrupp AG
Note: Product cover images may vary from those shown
