Stair Lift Market - Global Outlook and Forecast by Arizton Advisory & Intelligence

The global stairlift market is likely to cross US$1.7 billion, growing at a CAGR of 8.4% during the period 2016−2022. The growth is primarily driven by the inclination of the aging and disabled population toward active and independent living and substantial growth in the second-hand market for stairlift. While seated stairlift constitutes more than 72% of the total market revenue, stairlifts with integrated wheelchair platforms are growing at a faster pace. The market in North America will witness huge growth during the forecast period.

View report: https://arizton.com/reports/market-analysis/stair-lift-market-global-outlook

Major Vendors included in the report are as following:

Acorn
Bruno Independent Living Aids
Stannah
Handicare
ThyssenKrupp AG

Other prominent vendors in the market include Platinum Stair lifts, Harmar, Otolift, MediTek, Savaria, Sugiyasu, DID – Daido, Kumalift, Hiro Lift, and Access BDD.

The report includes a detailed study of growth drivers, trends, and restraints and profiles the leading vendors in the market and other key vendors. The report also provides in-depth analysis of the global market and provides the growth forecast for the period 2016-2022

The report takes into consideration the sale of stairlifts and spares to the first buyers from various end-user segments, including individuals, hospitals, medical centers, and commercial clients. The sale of both straight and curved stairlift was considered across various sales channels, including direct sales – online and offline. The market research report provides the detail of the market size in the following segments:

Rail Orientation (Curved, Straight )

User Orientation(Seated, Standing and perched, Integrated wheelchair platforms)

Installation Type(Indoor, Outdoor)

End-user Type(Residential, Hospitals and clinics, Others)

Major Geographies(APAC, EMEA, Latin America, North America)

Key Countries(Canada, China, Japan, US)

Inclination of aging and disabled population toward active and independent living to drive the market growth

Increased emphasis of government and private organizations for productive and active lifestyle for disabled population is one of the emerging trends for the growth of the market. Further, increasing prevalence of people suffering from disabilities, coupled with the high adoption of devices, new technology innovations, and high awareness for new variants of assistive devices, combined with supportive government grants is driving the market growth.

View report for more information: https://arizton.com/reports/market-analysis/stair-lift-market-global-outlook

Related Reports

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https://arizton.com/reports/automotive-mobility/wheelchair-lift-market

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https://arizton.com/reports/healthcare-lifesciences/intraoperative-neuromonitoring-market-ionm-market

Source: Arizton Advisory & Intelligence Reports
https://arizton.com/reports/market-analysis/stair-lift-market-global-outlook

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