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.
Key features of the study
- This report provides in-depth analysis of the global stairlift market and provides market size (USD 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
Market Segmentation
- By Product Type Insights (Revenue, USD Mn, 2021 - 2033)
- Straight Stairlifts
- Curved Stairlifts
- Standing Stairlifts
- By Modality Type Insights (Revenue, USD Mn, 2021 - 2033)
- By Operation Mode (Revenue, USD Mn, 2021 - 2033)
- Alternating Current
- Direct Current
- By End User Insights (Revenue, USD Mn, 2021 - 2033)
- Health Care Facilities
- Home Care Settings
- Others
- By Region Insights (Revenue, USD Mn, 2021 - 2033)
- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- Israel
- Rest of Middle East & Africa
- Key Players in the Stairlifts Market
- 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
