Stair lifts Market 2018 Latest Demand, Global Trends and Industry Growth Analysis and 2022 Forecasts

Share this news: has added “Global Stair lifts Market: 2018-2022 Key Industry Insights, Segments, Opportunities, and Forecasts” report to its database. Low installation costs and ease of accessibility are driving the growth of Stair lifts Industry

The global Stair lifts market is projected to be valued at USD 1,361.5 million by 2022, growing with a CAGR of 7.0% between 2017 and 2022. The demand for Stair lifts has witnessed a rapid boost globally owing to the rise in geriatric population and increasing number of patients with physical disabilities along with occurrence of accidental injuries.

The global Stair lifts market was valued at USD 905.9 million in 2016 and is projected to register a CAGR of 7.0% between 2017 and 2022.

Browse the report global Stairlifts market @

Key industry insights
• The rapid growth in the geriatric population across the globe is one of the paramount factors driving the demand for Stair lifts.
• Rise in physical ailments, increasing focus on self-dependency among elders, poor elevator facilities in public places and high cost of home lifts have further supplemented the overall Stair lifts industry.
• Advent of wireless technology and tremendous increase in the use of mobile phone based Stair lifts is a key trend in the global Stair lifts market.
• Several smaller medicare facilities which provide only medical consultation services are now preferring Stair lifts as a substitute for traditional lifts due to low cost, more comfort and higher aesthetic value.
• Changing dynamics of the North America medical industry including better & newer products coupled with entry of newer stairlift manufacturers and implementation of several norms & regulations by Lift and Elevator Industry Association have made this region one of the biggest Stair lifts market in the world
• Straight Stair lifts dominated the global Stair lifts market and is expected to continue its dominance over the years to come. Rising demand potential for straight Stair lifts due to less complexity in design and less cost due to the involvement of single rail are some aspects driving this segment.
• Residential application segment is expected to register the fastest growth over the forecast period. Growing geriatric population, development of the home healthcare market, and increasing incidences of accidental injuries are augmenting the demand for Stair lifts owing to its affordability, ease of use and technologically advanced features.
• Several large and established players operate in the global Stair lifts market including Platinum Stair lifts, Harmar Mobility LLC, ThyssenKrupp Accessibility B.V., Acorn Stair lifts Inc., 101 Mobility LLC and MediTek Stair lifts.

Request a sample @

There are various companies distributed across the globe, which are offering different types of Stair lifts for specific applications. Companies such as Stannah Lifts Holdings Ltd., ThyssenKrupp Accessibility BV and MediTek Stair lifts are some of the large-scale global players with a strong presence.

Key segments studied in the report are listed below

Type Overview, 2012 – 2022 (USD Million)

Straight Stair lifts
Curved Stair lifts
Application Overview, 2012 – 2022 (USD Million)

Medicare Areas
Public Places
Regional Overview, 2012 – 2022 (USD Million)

North America
Latin America
Middle East & Africa
The report has analyzed several players in the market, some of which include

Stannah Lifts Holdings Ltd.
Acorn Stair lifts Inc.
MediTek Stair lifts
101 Mobility, LLC
Handicare Stair lifts B.V.

Are you looking for a DISCOUNT before purchasing the report? If yes, contact us @

Reasons for the study
• The purpose of the study is to provide a broad analysis of the current trends in global Stair lifts market
• Increasing awareness about Stair lifts for the elderly especially in developed countries of North America and Europe is propelling the overall dynamics of the industry. Stair lifts are gaining remarkable traction as a mobility solution to geriatric and physically disabled population. This picture holds true especially in the countries where the market is still relatively untapped and has tremendous growth potential in tandem with the increase in disposable incomes.
• Factors including rising spending abilities, increasing investments to install Stair lifts at public places and rising trend of technologically advanced residential infrastructure has resulted in driving the sales of Stair lifts.
• Considering the regional and country level analysis, several international and local players are focusing on mergers and collaborations which is further driving the awareness and demand for Stair lifts in niche areas.

Few points from Table of Contents:
Chapter 1. Research Methodology
1.1. Research approach
1.2. Scope, definition, and assumptions
1.3. Data sources

Chapter 2. Executive Summary

Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. Market drivers
3.2.2. Market restraints
3.2.3. Market opportunities
3.3. Value chain analysis
3.4. Porter’s Five Forces’ analysis


Purchase a single user copy @

What does the report include?
The report covers:
• Latest trends and dynamics pertaining in the global Stair lifts market.
• Competitive benchmarking and market shares of all the major players operating in the market.
• Analysis of major types and applications of Stair lifts with market size, forecast and growth rates.
• Extensive analysis and qualitative insights for the potential and niche segments in the market.
• The report provides major insights on the strategic analysis of the key companies profiled in the report.

Read the press release on Burgeoning geriatric population projected to augment the global stairlifts market @

About Us
Orbis Research ( is a single point aid for all your market research requirements. We have vast database of reports from the Nickel Powdering publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:
Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas
Phone: +1 (214) 884-6817

Release ID: 364264

Name: Hector Costello
Email: Send Email
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas