Global Stairlift Market By Rail Orientation (Curved and Straight), By User Orientation (Seated, Standing and Perched, and Integrated), By Installation Type (Indoor and Outdoor), By End-User Industry (Residential Buildings, Hospitals and Clinics, and Commercial Spaces), and By Region (North America, Europe, Latin America, Asia-Pacific, Middle East, and Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI21619 | Publish Date: May 2023 | No. of Pages: 167

Global Stairlift Market By Rail Overview

A stairlift is a mechanical device used to carry persons with walking difficulty up and down the stairs. A chair which can be lifted up or down the stairs is attached to the treads of stairs. It generally used by elderly, fall-prone individuals, and disabled who are unable to navigate stairs safely and is installed mostly in residential buildings and healthcare facilities.

Major factor driving the global stairlift market growth is increasing aging population with aging-related health conditions such as hip fractures, traumatic brain injuries, Vitamin D deficiency, vision problems or lower body weakness. Rising population with disabilities as well as lifestyle altering diseases like osteoarthritis and obesity is leading to rising demand for the product which is in turn augmenting growth of the global stairlift market. Growing adoption of mobility devices by the consumers, coupled with the technological innovations of product are some among the major factors fuelling the target market growth.

Offering devices with better functionality and safety features at nominal prices can create lucrative opportunity for the manufacturers in the target market. Key players in the target market are aiming at customized offerings of the product which are ergonomic in design and convenient in installation.

Global stairlift market has been segmented into rail orientation, user orientation, installation type, end-user industry, and region.

On the basis of rail orientation, the global stairlift market has been bifurcated into curved and straight sub-segments. Based on user orientation, the target market is classified into seated, standing and perched, and integrated wheelchair orientation. Seated orientation sub-segment is dominating the target market and is expected to maintain its dominance in the target market throughout the forecast period. On the basis of installation type, the global market is segmented into indoor and outdoor sub-segments. In this segment, indoor stair lift sub-segment is projected to grow significantly compared to the outdoor sub-segment. On the basis of end-user industry, the target market is divided into residential buildings, hospitals and clinics, and commercial spaces such as shopping malls and offices. Residential building sub-segment is the dominating the global stairlift market currently.

Based on region, the global stairlift market is segmented into North America, Latin America, Europe, Middle East, Asia-Pacific, and Africa. North America is dominating the global stairlift market, currently. This can be attributed to increasing geriatric population and increasing incidences of obesity and arthritis in the region. North America market is followed by Europe market. UK is the largest market in this region followed by markets in Germany and Netherlands, wherein there is high ownership of the product and other mobility-assisting devices. Asia-Pacific stairlift market is projected to grow significantly over the forecast period owing to improving healthcare infrastructure and expanding target audience in key economies of India and China of the region.

Key players operating in the global stairlift market include Handicare AS, Stannah Lifts Holdings Ltd, Acorn Stairlifts Inc., ThyssenKrupp AG, Bruno Independent Living Aids Inc., Otolift Stairlifts Ltd., Harmar Mobility LLC, Platinum Stairlifts Ltd., MediTek Stairlifts, Savaria Corp, and Sugiyasu Corporation.

Global Stairlift Market By Rail Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Stair Lift Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Rail Orientation
      • Market Snippet, By User Orientation
      • Market Snippet, By Installation Type
      • Market Snippet, By End-User Industry
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Stair Lift Market, By Rail Orientation, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Curved
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Straight
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Stair Lift Market, By User Orientation, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Seated
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Standing and Perched
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Integrated
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Stair Lift Market, By Installation Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Indoor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Outdoor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Stair Lift Market, By End-User Industry, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Residential Buildings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Hospitals and Clinics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Commercial Spaces
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  9. Global Stair Lift Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Rail Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By User Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Installation Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Rail Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By User Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Installation Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Rail Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By User Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Installation Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Rail Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By User Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Installation Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Rail Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By User Orientation, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Installation Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Handicare AS,
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Stannah Lifts Holdings Ltd
      • Acorn Stairlifts Inc.
      • ThyssenKrupp AG
      • Bruno Independent Living Aids Inc.
      • Otolift Stairlifts Ltd.
      • Harmar Mobility LLC
      • Platinum Stairlifts Ltd.
      • MediTek Stairlifts
      • Savaria Corp
      • Sugiyasu Corporation
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Stairlift Market is segmented into rail orientation, user orientation, installation type, end-user industry, and region.

The growth of the Stairlift Market is driven by various factors, including the increasing aging population, rising awareness about accessibility solutions, and advancements in stairlift technology. Additionally, a growing focus on home improvement and healthcare infrastructure contributes to the market's expansion.

Challenges faced by the Stairlift Market may include factors such as high costs associated with stairlift installations, limited awareness in certain regions, and regulatory constraints. These aspects could act as restraints on the global expansion of the stairlift industry.

The report considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa for analysis. The North America is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Stairlift Market.

Key players operating in the global stairlift market include Handicare AS, Stannah Lifts Holdings Ltd, Acorn Stairlifts Inc., ThyssenKrupp AG, Bruno Independent Living Aids Inc., Otolift Stairlifts Ltd., Harmar Mobility LLC, Platinum Stairlifts Ltd., MediTek Stairlifts, Savaria Corp, and Sugiyasu Corporation.