Press release
Stairlifts Market projected to expand at a CAGR of 6.1% from 2020 to 2027
Stairlifts are mobility devices that are used by individuals who are unable to move properly, and by those with certain inabilities. Stairlifts are useful for individuals with limited mobility to travel easily from one floor to another in multi-floor premises. The worldwide stairlift market is expected to urge a significant growth during the forecast period. Owing to increase in use of stairlifts in public spaces and business premises, hospitals and clinics, and residential buildings.Market Dynamics
Key players operating in the global stairlift market are focusing on acquisitions and collaborations in order to increase their market presence and expanding their product portfolio, is expected to propel the market growth over the forecast period. For instance, in December 2018, Limerston Capital, a U.K based private equity firm, acquired Prism Medical UK (Prism). Prism specializes in moving, handling and bathing equipment for elderly, disabled and mobility disadvantaged clients. With this acquisition Limerston Capital, has expanded its mobility devices business unit and market share.
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Key features of the study:
This report provides in-depth analysis of the global stairlift market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2019–2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global stairlift market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Acorn Stairlifts, Bruno Independent Living Aids, Stannah Stairlifts Ltd., Inc., Handicare Group AB, Otolift Stairlifts Ltd., Prism U.K. Medical Limited, Platinum Stair Lifts Ltd., Kumalift Co., Ltd., Symax Lift (China) Co, Ltd, Taamal Seed Electra Group, Savaria Corp, Lehner Lifttechnik GmbH, Thyssenkrupp AG
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global stairlift market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global stairlift market
Complete Report is Available (Including Full TOC, List of Tables & Figures, Graphs, and Chart) @ https://www.coherentmarketinsights.com/ongoing-insight/stairlifts-market-471
Detailed Segmentation:
By Product Type:
Straight Stairlifts
Curved Stairlifts
Standing Stairlifts
By Modality Type:
Indoor
Outdoor
By Operation Mode:
Alternating Current
Direct Current
By End User:
Health Care Facilities
Home Care Settings
Others
Company Profiles
Acorn Stairlifts*
Bruno Independent Living Aids
Stannah Stairlifts Ltd., Inc.
Handicare Group AB
Otolift Stairlifts Ltd.
Prism U.K. Medical Limited
Platinum Stair Lifts Ltd.
Kumalift Co., Ltd.
Symax Lift (China) Co, Ltd
Taamal Seed Electra Group
Savaria Corp
Lehner Lifttechnik GmbH
Thyssenkrupp AG
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