Press release
Stair Lifts Market to Reflect a Significant CAGR of 7.2% through 2024
Ease of accessibility and low installation costs are the key factors driving the growth of the stair lifts market. Moreover, the rise in geriatric population and ageing-related health conditions, such as osteoarthritis is also accelerating the demand for stair lifts. High level of mobility and user-friendliness is considered to be a top feature of stair lifts. In addition, the quick premarket approval process is expected to play a key role in pushing the demand for stair lifts during the forecast period.
Stair Lifts Market Research Report overview @ https://www.persistencemarketresearch.com/market-research/stair-lifts-market.asp
High prices and negative customer reviews regarding the post-sales service are longstanding challenges in the stair lift market. In addition, concerns regarding the potential risk of injury owing to inappropriate installation will continue to pose challenges to growth.Owing to their numerous advantages, various government and private organisations are looking to invest in star lifts, and this is expected to create growth opportunities for manufacturers during the forecast period. Implementation of latest technology to enhance safety is expected to increase confidence among consumers, thereby, bolstering demand during the forecast period.
Incorporation of adaptive technology, such as manual and powered Swivel technology along with a safety switch is a key trend among manufacturers. Another key trend in the stair life market is the use of rechargeable batteries which has led to simplified operations and high efficiency.
Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/5621
Europe will remain the numero uno market for stair lifts during the forecast period 2016-2024. The Europe stair life market is expected to reach US$ 396 Mn by the end of 2016 and witness a CAGR of 7.2% through 2024. Strong distribution strategy and unparalleled product innovation will primarily drive the European stair lifts market. The UK, Germany, and France are expected to retain their position as the top 3 markets in Europe during the forecast period, with the UK stair lifts market expected to surpass US$ 167 Mn in 2016.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/stair-lifts-market/toc
North America will remain the second largest market for stair lifts, with overall demand dominated by the US. Innovative products and quicker premarket approvals are expected to play a key role in driving the growth of the North America stair lift market. Moreover, increased awareness about stair lifts among patients with disabled mobility is also expected to fuel demand during the forecast period. In the backdrop of these factors, the North America stair lift market is anticipated to reach US$ 284.9 Mn in 2016.
Asia Pacific, the third largest market for stair lifts, is expected to witness impressive growth during the forecast period. The APAC stair lift market is expected to grow by 5% in terms of revenues in 2016. Japan is expected to remain the largest market during the forecast period, followed by China.
Get Full Report now @ https://www.persistencemarketresearch.com/checkout/5621
Key players operating in the stair lift market include Stannah Stairlifts Ltd., Acorn Stairlifts, Bruno Independent Living Aids, Inc, and Handicare. Leading brands available in the market include Starla, Siena, Acorn Superglide 120, Elan Indoor Straight, and Handicare Van Gogh.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Stair Lifts Market to Reflect a Significant CAGR of 7.2% through 2024 here
News-ID: 967293 • Views: …
More Releases from Persistence Market Research
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview
The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising…
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview
The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,…
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview
The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption…
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by…
More Releases for Stair
Stair Treads Risers Market
According to Market Research Intellect, the global Stair Treads Risers market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The stair treads and risers market is witnessing steady growth, fueled by increasing construction activities in residential…
Pet Ramp And Stair Market Size Analysis by Application, Type, and Region: Foreca …
USA, New Jersey- According to Market Research Intellect, the global Pet Ramp And Stair market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for pet ramps and stairs is expanding steadily due to the growing number of pet owners and the increased focus on…
Stair Trucks Market Size by 2020-2025
Scope of the Report:
The worldwide market for Stair Trucks?is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$ in 2024, from x million US$ in 2019, according to a new Global Info Research?study.
The report presents the market outlook for the Indian Phospho Gypsum product from the year 2019 to the year 2025. The report provides a definition of the product.…
Stair Lift Market to reach USD 1228.43 million by 2025 | Platinum Stair lifts, H …
Comprehensive analysis of 'Stair Lift market' with detailed information of Product Types, Applications & Key Players such as Platinum Stair lifts, Harmar Mobility LLC, Bruno Independent Living Aids Inc., ThyssenKrupp Accessibility BV, Stannah Lifts Holdings Ltd.
Download Free Sample Copy of 'Stair Lift market' Report @
https://www.reportocean.com/industry-verticals/sample-request?report_id=16116
The report provides in-depth analysis of market segments that covers perfect Market definitions, latest trends, market size, and status, revenue by region, classifications, manufacturing…
Straight Stair Lifts to Witness Higher Demand in the Global Stair Lifts Market D …
Global Stair Lifts Market: Overview
Stair lifts are a mechanical setup that aims to help disabled people. This is a chair or platform that is motorized to travel along the rail or track guided along the stairway. A new research based on these lifts by Persistence Market Research is titled ‘Stair Lifts Market: Global Industry Analysis 2012 –2016 and Forecast 2017 – 2025’. This comprehensive research is intended to guide people…
Stair Lifts Market By Rail Type (Curved Stair Lifts, Straight Stair Lifts, Platf …
Industry Outlook and Trend Analysis
The Stair Lifts Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Stair lift, normally utilized in healthcare facilities or home care settings, are mechanized seats which keep running along a rail or track and are fueled by batteries or current so they can work even at times of power cuts. Stair lifts for…
