Stairlifts Market is Subject to Grow At A Higher CAGR 6.1% by 2028 | Global Industry Analysis By Size Estimation, Share, Business Growth, Demand and Regional Trends

Overview

A stairlifts are called seat lifts or step lightweight planes. These are mechanical gadgets intended for people with development inability, and help to lift them all over the flight of stairs. A stairlift establishes of electrically-controlled mechanized seats. Stairlifts are accessible for straight and bended flights of stairs and furthermore they can be adjusted according to the necessity. For clinical purposes specifically, stairlifts are introduced for actually incapacitated individuals and people experiencing outer muscle issues because of maturing.

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Drivers

Expanding occurrence of outer muscle problem is projected to drive the global stairlifts market over the forecast period. As per the Global Burden of Disease (GBD) study, in 2017, outer muscle conditions were the most noteworthy supporter of worldwide inability and around 16% of the patients lived with handicap. In addition, as indicated by the World Health Organization report distributed in November 2019, the commonness of outer muscle conditions differs by age and determination, and 20 to 33% of individuals across the globe experienced an excruciating outer muscle condition in 2017.

The global stairlifts market size was at US$ 762.3 million in 2019 and is foreseen to display a CAGR of 6.1 percent during the forecast period (2019–2027).

The rising geriatric populace is a main consideration that is projected to propel the global stairlifts market over the forecast period. For instance, as per United Nations report distributed in October 2019, there are around 703 million individuals in the age gathering of 65 or above across the globe, and it is projected to touch 1.5 billion by 2050. Also, as indicated by a similar source, 1 out of 6 individuals on the planet will be over the age 65 by 2050, up from 1 out of 11 of every 2019.

Expanding rate of osteoarthritis (OA), changing lifestyles, and stoutness are projected to augment the global stairlifts market over the forecast period. As indicated by the Centers for Disease Control and Prevention, from 2013 to 2015, around 54.4 million grown-ups in the U.S. were determined to have some type of joint inflammation, and it is estimated to reach 78 million by 2040.

In addition, as indicated by the World Health Organization’s 2018 report, more than half of the worldwide populace is fat. As per a similar source, in 2016, in excess of 650 million grown-ups matured 18 years and more seasoned were fat. Weight is associated with different persistent sicknesses, including hypertension, muscular issues, diabetes, and malignancy.

Expanding application of inorganic development techniques like associations, acquisitions and joint efforts is foreseen to drive global stairlifts market during the forecast period. In March 2019, Yorkshire-based Platinum Stairlifts joined forces with portability retailer Dolphin Mobility Yorkshire and Cumbria to turn into an indispensable accomplice for the authority dispatch of the Stairlift. The new single cylinder bended step lift was revealed in November 2018, and Platinum says that it gives different special, arrangement-based advantages to address the expanding interest for homegrown step lifts.

Reasons to Purchase this Report

• Current and future of global Stairlifts Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Additionally, in December 2018, Harmar Mobility LLC and Pride Mobility Products Corporation declared that Harmar had procured Pride’s lifts and inclines product offering. This move permits Pride Mobility to additional emphasis its endeavors on creating purchaser driven versatility items in its bike, power seat, and lift seat product offerings.

Restraints

Availability of comparatively cheaper alternatives coupled with high initial cost of these stairlifts is expected to limit growth of the global stairlifts market.

Competitive Landscape

Key companies contributing to the global stairlifts market include Platinum Stair Lifts Ltd., Prism U.K. Medical Limited, Handicare Group AB, Stannah Stairlifts Ltd., Inc., Savaria Corp, Acorn Stairlifts, Thyssenkrupp AG, Bruno Independent Living Aids, Lehner Lifttechnik GmbH, Taamal Seed Electra Group, Otolift Stairlifts Ltd., Symax Lift (China) Co, Ltd., and Kumalift Co., Ltd.

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Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Product Type
     • Market Snippet, By Modality Type
     • Market Snippet, By Operation Mode
     • Market Snippet, By End User
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Market Trends
   • Key Developments
   • Regulatory Scenario
   • Reimbursement Scenario
   • Merger and Acquisition Scenario
   • PEST Analysis
   • Epidemiology
4. Global Stairlifts Market, By Product Type, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Straight Stairlifts
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Curved Stairlifts
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Standing Stairlifts
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
5. Global Stairlifts Market, By Modality Type, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Indoor
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Outdoor
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
6. Global Stairlifts Market, By Operation Mode, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Alternating Current
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Direct Current
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
7. Global Stairlifts  Market, By End User, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Health Care Facilities
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Home Care Settings
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
8. Global Stairlifts  Market, By Region, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, By Region, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2027
   • North America
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • U.S.
       • Canada
   • Latin America
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Europe
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of Asia Pacific
   • Middle East
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Modality Type, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Operation Mode, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
     • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
       • South Africa
       • Central Africa
       • North Africa

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