Global Stair Lifts And Climbing Devices Report Thumbnail

Global Stair Lifts And Climbing Devices Market by End Use (Hospitals, Homecare), by Device (Stair Climbing Wheelchairs, Stair Lifts) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-72622
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 58
  • No. Of Pages: 219
  • Format:
  • Pub. Date: 2021-10-21
  • Share:

Summary of the Report

Global stairlifts and climbing devices market was valued at USD1.7 billion in 2020. It is projected to grow at an 8.9% compound annual growth rate (CAGR), between 2021 and 2028. Due to the increasing number of seniors with disabilities and injuries, the market will experience significant growth. According to the World Health Organization's 2011 World Report on Disability, 15% of the world's population has some kind of disability. These people need mobility aids to help them live independently and less pain. You can get a variety of items like stairlifts, wheelchairs, or climbing canes to help people with limited mobility to move freely and independently.

These devices are simple to use and offer effective mobility solutions. Stairlifts have been a popular choice among the elderly and those with limited mobility in recent years. The stairlift is essentially an engine-controlled wheelchair that rides on rails. These stairlifts are designed to be powered by the 'pinion & Racks' technology, which allows wheelchair-bound people or those with mobility issues to use flights of stairs and steps easily.

COVID-19 continues to make market growth uncertain, which means that momentary demand can be difficult to predict. The market is focusing on the long-term development basics that show the market's accessibility and market recovery. The pandemic will almost certainly mean that the end users won't have the ability to invest sufficient upfront money on stairlifts. Handicare group, a global seller, is taking steps to improve the situation by making crucial changes such as a significant decrease in expense and a lower production limit.

Technological advancements, like outdoor, curved, and wheelchair-incorporated lifts, are expected to boost the market growth. The market will be positively impacted by sellers offering free conveyance to buyers and other financing options. The market will see an increase in accessibility to these machines over the forecast period. This is expected to boost interest.

Many people are aware of the benefits of stairlifts today, which has led to increased demand for this versatile equipment. Step lifts that offer a variety of useful features, such as movable seats and collapsing steps, flip-up rails, battery segregation switches or call stations, speed regulators, safety belts, delicate stop buttons, and speed regulators are now available.

The WHO estimates that 2 billion of the world's population will be 60 years old by 2050. This indicates that stairlifts will be in high demand. This development may be slowed by the increased cost of purchasing and installing stairlifts. A straight stairlift costs around USD 3000 to USD 4000, while bent stairlifts are around USD 15,000 and have extra in-assembled highlights. This is significantly more than the straight model.

Device Insights

Stairlifts dominated the market, accounting for a 57.8% revenue share in 2020. The equipment is easily accessible and can be moved by the elderly and disabled. Seniors are increasingly realizing the benefits of aging in place and looking for products that will allow them to stay independent at home.

These are the ideal solution, and offer many features that can be customized to suit users' needs. It can be installed on any type of staircase, making it easier to use indoors and outdoors. Handicare, for example, offers custom-designed stairlifts that are safe and fit tight.

End-use Insights

In 2020, 64.4% of the market was dominated by the homecare segment. This will likely continue to be the case in the future. The ability to move safely and quickly from one location to the next without the assistance of another person is a major factor in the homecare stairlift market.

Hospitals are expected to experience the fastest growth rate at 9.1% during the forecast period. Stairlifts are used to transport patients up and down the hospital. It can be difficult to access the hospital from low mobility entrances or via stairs. The Disability Discrimination Act 2005 (DDA), states that it is essential to have fully functional access systems in any healthcare facility, whether private or public.

Regional Insights

North America was the dominant market with 43.9% of the share in 2020. The market is driven by the growing number of people with disabilities and technological advances in North America. A report by the United States Census Bureau from 2018 estimates that the US will have around 1 billion seniors by 2030. This is a significant number, and the demand for stairlifts and climbing devices will increase.

Asia Pacific will experience the fastest rate of growth, 10.2%, over the forecast period. The UN estimates that Asia Pacific hosts almost 60% of the world's estimated 650 million disabled persons. Market growth will also be supported by the presence of established market players in the region.

Market Share Insights & Key Companies

These companies are expanding their product offerings through vital cooperative drives. They also participate in acquisitions to expand their client base and increase their share of the overall industry. Stannah, for example, launched an online stairlift purchase site in November 2020. The company was able to secure its first sale in just 82 minutes. This marked the introduction of an alternative channel for sales. Harmar Mobility also acquired Pride Mobility's versatility gadget lift item division in December 2019. The following are some of the major players in the global market for stairlifts and climbing devices:

  • Brooks Stairlifts

  • Stannah

  • Handicare Group

  • Garaventa Lift

  • Acorn Stairlifts

  • Platinum Stairlifts

  • Bruno Independent Living Aids

  • ThyssenKrupp Elevator Technology

  • American Elevator

  • Precision Stairlifts

Up Market Research published a new report titled “Stair Lifts And Climbing Devices Market research report which is segmented by End Use (Hospitals, Homecare), by Device (Stair Climbing Wheelchairs, Stair Lifts), By Players/Companies Acorn Stairlifts, Brooks Stairlifts, Bruno Independent Living Aids, American Elevator, Platinum Stairlifts, ThyssenKrupp Elevator Technology, Garaventa Lift, Handicare Group, Stannah, Precision Stairlifts”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleStair Lifts And Climbing Devices Market Research Report
By End UseHospitals, Homecare
By DeviceStair Climbing Wheelchairs, Stair Lifts
By CompaniesAcorn Stairlifts, Brooks Stairlifts, Bruno Independent Living Aids, American Elevator, Platinum Stairlifts, ThyssenKrupp Elevator Technology, Garaventa Lift, Handicare Group, Stannah, Precision Stairlifts
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages219
Number of Tables & Figures154
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Stair Lifts And Climbing Devices Industry Outlook

Global Stair Lifts And Climbing Devices Market Report Segments:

The market is segmented by End Use (Hospitals, Homecare), by Device (Stair Climbing Wheelchairs, Stair Lifts).

Stair Lifts And Climbing Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Stair Lifts And Climbing Devices Market

Overview of the regional outlook of the Stair Lifts And Climbing Devices Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Stair Lifts And Climbing Devices Market Overview

Highlights of The Stair Lifts And Climbing Devices Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Stair Lifts And Climbing Devices Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By End Use:

                1. Hospitals

                2. Homecare

        7. By Device:

                1. Stair Climbing Wheelchairs

                2. Stair Lifts

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Stair Lifts And Climbing Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Stair Lifts And Climbing Devices Market Trends

Reasons to Purchase the Stair Lifts And Climbing Devices Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stair Lifts And Climbing Devices Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Stair Lifts And Climbing Devices Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Stair Lifts And Climbing Devices Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Stair Lifts And Climbing Devices Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Stair Lifts And Climbing Devices Market Size & Forecast, 2018-2028 
      4.5.1 Stair Lifts And Climbing Devices Market Size and Y-o-Y Growth 
      4.5.2 Stair Lifts And Climbing Devices Market Absolute $ Opportunity 


Chapter 5 Global Stair Lifts And Climbing Devices Market Analysis and Forecast by End Use
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by End Use
      5.1.2 Basis Point Share (BPS) Analysis by End Use
      5.1.3 Absolute $ Opportunity Assessment by End Use
   5.2 Stair Lifts And Climbing Devices Market Size Forecast by End Use
      5.2.1 Hospitals
      5.2.2 Homecare
   5.3 Market Attractiveness Analysis by End Use

Chapter 6 Global Stair Lifts And Climbing Devices Market Analysis and Forecast by Device
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Device
      6.1.2 Basis Point Share (BPS) Analysis by Device
      6.1.3 Absolute $ Opportunity Assessment by Device
   6.2 Stair Lifts And Climbing Devices Market Size Forecast by Device
      6.2.1 Stair Climbing Wheelchairs
      6.2.2 Stair Lifts
   6.3 Market Attractiveness Analysis by Device

Chapter 7 Global Stair Lifts And Climbing Devices Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Stair Lifts And Climbing Devices Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Stair Lifts And Climbing Devices Analysis and Forecast
   9.1 Introduction
   9.2 North America Stair Lifts And Climbing Devices Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Stair Lifts And Climbing Devices Market Size Forecast by End Use
      9.6.1 Hospitals
      9.6.2 Homecare
   9.7 Basis Point Share (BPS) Analysis by End Use 
   9.8 Absolute $ Opportunity Assessment by End Use 
   9.9 Market Attractiveness Analysis by End Use
   9.10 North America Stair Lifts And Climbing Devices Market Size Forecast by Device
      9.10.1 Stair Climbing Wheelchairs
      9.10.2 Stair Lifts
   9.11 Basis Point Share (BPS) Analysis by Device 
   9.12 Absolute $ Opportunity Assessment by Device 
   9.13 Market Attractiveness Analysis by Device

Chapter 10 Europe Stair Lifts And Climbing Devices Analysis and Forecast
   10.1 Introduction
   10.2 Europe Stair Lifts And Climbing Devices Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Stair Lifts And Climbing Devices Market Size Forecast by End Use
      10.6.1 Hospitals
      10.6.2 Homecare
   10.7 Basis Point Share (BPS) Analysis by End Use 
   10.8 Absolute $ Opportunity Assessment by End Use 
   10.9 Market Attractiveness Analysis by End Use
   10.10 Europe Stair Lifts And Climbing Devices Market Size Forecast by Device
      10.10.1 Stair Climbing Wheelchairs
      10.10.2 Stair Lifts
   10.11 Basis Point Share (BPS) Analysis by Device 
   10.12 Absolute $ Opportunity Assessment by Device 
   10.13 Market Attractiveness Analysis by Device

Chapter 11 Asia Pacific Stair Lifts And Climbing Devices Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Stair Lifts And Climbing Devices Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Stair Lifts And Climbing Devices Market Size Forecast by End Use
      11.6.1 Hospitals
      11.6.2 Homecare
   11.7 Basis Point Share (BPS) Analysis by End Use 
   11.8 Absolute $ Opportunity Assessment by End Use 
   11.9 Market Attractiveness Analysis by End Use
   11.10 Asia Pacific Stair Lifts And Climbing Devices Market Size Forecast by Device
      11.10.1 Stair Climbing Wheelchairs
      11.10.2 Stair Lifts
   11.11 Basis Point Share (BPS) Analysis by Device 
   11.12 Absolute $ Opportunity Assessment by Device 
   11.13 Market Attractiveness Analysis by Device

Chapter 12 Latin America Stair Lifts And Climbing Devices Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Stair Lifts And Climbing Devices Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Stair Lifts And Climbing Devices Market Size Forecast by End Use
      12.6.1 Hospitals
      12.6.2 Homecare
   12.7 Basis Point Share (BPS) Analysis by End Use 
   12.8 Absolute $ Opportunity Assessment by End Use 
   12.9 Market Attractiveness Analysis by End Use
   12.10 Latin America Stair Lifts And Climbing Devices Market Size Forecast by Device
      12.10.1 Stair Climbing Wheelchairs
      12.10.2 Stair Lifts
   12.11 Basis Point Share (BPS) Analysis by Device 
   12.12 Absolute $ Opportunity Assessment by Device 
   12.13 Market Attractiveness Analysis by Device

Chapter 13 Middle East & Africa (MEA) Stair Lifts And Climbing Devices Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Stair Lifts And Climbing Devices Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Stair Lifts And Climbing Devices Market Size Forecast by End Use
      13.6.1 Hospitals
      13.6.2 Homecare
   13.7 Basis Point Share (BPS) Analysis by End Use 
   13.8 Absolute $ Opportunity Assessment by End Use 
   13.9 Market Attractiveness Analysis by End Use
   13.10 Middle East & Africa (MEA) Stair Lifts And Climbing Devices Market Size Forecast by Device
      13.10.1 Stair Climbing Wheelchairs
      13.10.2 Stair Lifts
   13.11 Basis Point Share (BPS) Analysis by Device 
   13.12 Absolute $ Opportunity Assessment by Device 
   13.13 Market Attractiveness Analysis by Device

Chapter 14 Competition Landscape 
   14.1 Stair Lifts And Climbing Devices Market: Competitive Dashboard
   14.2 Global Stair Lifts And Climbing Devices Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Acorn Stairlifts
      14.3.2 Brooks Stairlifts
      14.3.3 Bruno Independent Living Aids
      14.3.4 American Elevator
      14.3.5 Platinum Stairlifts
      14.3.6 ThyssenKrupp Elevator Technology
      14.3.7 Garaventa Lift
      14.3.8 Handicare Group
      14.3.9 Stannah
      14.3.10 Precision Stairlifts
Segments Covered in the Report
The global Stair Lifts And Climbing Devices market has been segmented based on

By End Use
  • Hospitals
  • Homecare
By Device
  • Stair Climbing Wheelchairs
  • Stair Lifts
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Acorn Stairlifts
  • Brooks Stairlifts
  • Bruno Independent Living Aids
  • American Elevator
  • Platinum Stairlifts
  • ThyssenKrupp Elevator Technology
  • Garaventa Lift
  • Handicare Group
  • Stannah
  • Precision Stairlifts

Buy Report