Stair Lifts Market By Rail Type Curved Stair Lifts, Straight Stair Lifts, Platform Stair Lifts Install Location Commercial Spaces, Residential Spaces Power Source Direct Current DC , Alternating Current AC – Global Industry Analysis and Forecast to 2025
Industry Outlook and Trend Analysis
The Stair Lifts Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Stair lift, normally utilized in healthcare facilities or home care settings, are mechanized seats which keep running along a rail or track and are fueled by batteries or current so they can work even at times of power cuts. Stair lifts for both curved and straight staircases are accessible in the market and they can be totally modified as well. They are convenient to understand and operate and have distinctive features, for example, swivel seat, safety belt or harness, limit sensors, flip-up rail, battery-powered batteries, call stations, and handheld controller.
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Drivers and Restraints
One of the essential development drivers in the worldwide market for stair lift market is the increasing geriatric populace. Basic medical issues observed by them incorporate constant ailments, dizziness and vertigo, restricted mobility and mental deterioration. According to the National Council on Aging, an elderly individual gets treated in an emergency room every 15 seconds as a result of falls. To help such individuals, stair lifts have raised as imperative portability devices.
Regional Insights
Based on regions, North America is the main area in the worldwide market for stair lifts. A developing pool of elderly populace and the quick pace of mechanical advancement in the locale are slated to drive the market further in the years to come.
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
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Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Stannah International
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
Acorn Stairlifts Inc.
Savaria Corp
Lehner Lifttechnik GmbH
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