Stair Lift Market - By Rail Type (Platform Stair Lifts, Curved Stair Lifts, and Straight Stair Lifts), Install Location (Residential Spaces, and Commercial Spaces), Power Source (Direct Current (DC), and Alternating Current (AC)), Application Type (Residential, Governments, Leisure &Entertainment, and Healthcare), and Geography  

Purchase Option

$ 3000
$ 4400
$ 6600
$ 8900

Stair Lift Market size is expected to be worth USD 810.3 million in 2022, growing at a 6.3% CAGR from 2022 to 2028. The stair lift is a mechanical device people use to go up and down stairs. It provides a rail along the stairs through which the person can move. It also provides a switch by which a person can operate and move. These type of stairlifts are planned for residential purposes, especially for physically disabled people who needs to move up and down the stairs. These stair lifts are more comfortable and easier to use.  With growing musculoskeletal problems such as Osteoarthritis, Knee Problems across worldwide increase the demand for stairlift products. Furthermore, WHO classifies oteoarthritis as one of the most disabling chronic diseases in developed regions. It is a degenerative joint disease associated especially among elderly peoples that affect joints, including the knees, hips, fingers, and low spine that have constantly been increasing throughout the forecasted period. As a result, the market for stair lift has a chance to expand due to the growing requirement for stair lift. Continuous improvement in these products with time creates opportunities for various key players to make investments that support market growth. The recent occurrences of global pandemic COVID 19 and government makes rules for self-isolation at their residence with particular stress on the elderly population. Also, medical facilities shortage also elevates the demand for home availability solutions such as stairlifts. Somehow, the positive impact on the stair lift could be seen during COVID-19, also expected to the continuous growth of the market due to increasing incidence of knee and hips diseases.

Recent Market Developments:
In Dec 2021, Access BDD launched Dolphin Lifts which provides comfort and easy to maintenance  

Stair Lift Market Summary

Study Period

2023-29

Base Year

2022

CAGR

6.3%

Largest Market

Asia pacific

Fastest Growing Market

North America
Stair Lift Market Dynamics

People have growing musculoskeletal problems due to a lack of physical activities in daily life. It is being observed that older people mostly prefer stair lifts installed in their residential dwellings. Factors such as an increase in the geriatric population, and the rising number of patients with musculoskeletal and movement disabilities, attached with incidences of accidental injuries, are propelling the need for stairlifts globally. Furthermore, modifications in product design with the customization and infrastructural developments in residences are fueling the growth of stairlifts widely. Awareness among people about stairlifts and the use of such equipment helps in recapturing confidence among people undergoing physical challenges to move or walk. Also, with feasibility, frequent maintenance, affordability, and ease of use, several workplaces are encouraged to provide such facilities for their disabled employees, thus creating opportunities to expand the market size. Moreover, high costs of stairlifts and maintenance cost hampering the market growth globally. Also, the potential risk of injury because of incorrect installation and defective mechanisms are a few challenges faced by the prominent players, which also hinder the stairlift market growth.

Key Features of the Reports

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  • The stair lift market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
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  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
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  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
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  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
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  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
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  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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Stair Lift Market Segmentation

By Rail Type
  • Platform Stair Lifts
  • Curved Stair Lifts
  • Straight Stair Lifts
By Application
  • Residential
  • Governments
  • Leisure &Entertainment
  • Healthcare
By Power Source
  • Direct Current (DC)
  • Alternating Current (AC)

Frequently Asked Questions

The stair lift market is projected to expand at a CAGR of 6.3% during the forecast period

Otolift Stairlifts Ltd., Acorn Stairlifts Inc., Stannah International, Savaria Corp., Handicare Group AB, SUGIYASU Co., Ltd., Otolift Stairlifts Ltd.

North America is the fastest-growing region for stair lift market

1. Executive Summary
2. Global Stair Lift Market Introduction
2.1. Global Stair Lift Market – Taxonomy
2.2. Global Stair Lift Market –Definitions
2.2.1. Rail Type
2.2.2. Install Location
2.2.3. Power Source
2.2.4. Application
2.2.5. Geography
3. Global Stair Lift Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Stair Lift Market Dynamic Factors - Impact Analysis
3.6. Global Stair Lift Market – Competition Landscape
4. Global Stair Lift Market Analysis,2017 - 2021 and Forecast, 2022 - 2028
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Stair Lift Market, By Rail Type, 2017–2021and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. Platform Stair Lifts
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Curved Stair Lifts
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Straight Stair Lifts
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Stair Lift Market, By Install Location, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Residential Spaces
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Commercial Spaces
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Stair Lift Market Forecast, By Power Source,2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
7.1. Direct Current (DC)
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Alternating Current (AC)
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Stair Lift Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Residential
8.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Government
8.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Leisure &Entertainment
8.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Healthcare
8.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Stair Lift Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Region, 2022 - 2028
10. North America Stair Lift Market Analysis,2017–2021and Forecast, 2022–2028(Revenue, USD Mn)
10.1.  Rail Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Platform Stair Lifts
10.1.2. Curved Stair Lifts
10.1.3. Straight Stair Lifts
10.2. Install Location Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Residential Spaces
10.2.2. Commercial Space
10.3. Power Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Direct Current (DC)
10.3.2. Alternating Current (AC)
10.4. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.4.1. Residential
10.4.2. Governments
10.4.3. Leisure &Entertainment
10.4.4. Healthcare
10.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2022 - 2028
10.7. North America Stair Lift Market Dynamics – Trends
11. Europe Stair Lift Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
11.1. Rail Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Platform Stair Lifts
11.1.2. Curved Stair Lifts
11.1.3. Straight Stair Lifts
11.2. Install Location Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Residential Spaces
11.2.2. Commercial Space
11.3. Power Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Direct Current (DC)
11.3.2. Alternating Current (AC)
11.4. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.4.1. Residential
11.4.2. Governments
11.4.3. Leisure &Entertainment
11.4.4. Healthcare
11.5. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2022 - 2028
11.7. Europe Stair Lift Market Dynamics – Trends
12. Asia-Pacific Stair Lift Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
12.1. Rail Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Platform Stair Lifts
12.1.2. Curved Stair Lifts
12.1.3. Straight Stair Lifts
12.2. Install Location Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Residential Spaces
12.2.2. Commercial Space
12.3. Power Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Direct Current (DC)
12.3.2. Alternating Current (AC)
12.4. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.4.1. Residential
12.4.2. Governments
12.4.3. Leisure &Entertainment
12.4.4. Healthcare
12.5. Country Analysis2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Stair Lift Market - Opportunity Analysis Index, By Install Location, Rail Type, Power Source, Application, and Country,2022 - 2028
12.7. Asia-Pacific Stair Lift Market Dynamics – Trends
13. Latin America Stair Lift Market Analysis,2017 - 2021 and Forecast, 2022–2028(Revenue, USD Mn)
13.1. Rail Type Analysis 2017–2021and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Platform Stair Lifts
13.1.2. Curved Stair Lifts
13.1.3. Straight Stair Lifts
13.2. Install Location Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Residential Spaces
13.2.2. Commercial Space
13.3. Power Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Direct Current (DC)
13.3.2. Alternating Current (AC)
13.4. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.4.1. Residential
13.4.2. Governments
13.4.3. Leisure &Entertainment
13.4.4. Healthcare
13.5. Country Analysis 2017–2021and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2022 - 2028
13.7. Latin America Stair Lift Market Dynamics – Trends
14. Middle East and Africa Stair Lift Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)
14.1. Rail Type Analysis 2017–2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Platform Stair Lifts
14.1.2. Curved Stair Lifts
14.1.3. Straight Stair Lifts
14.2. Install Location Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Residential Spaces
14.2.2. Commercial Space
14.3. Power Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.3.1. Direct Current (DC)
14.3.2. Alternating Current (AC)
14.4. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.4.1. Residential
14.4.2. Governments
14.4.3. Leisure &Entertainment
14.4.4. Healthcare
14.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2022 - 2028
14.7. MEA Stair Lift Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Otolift Stairlifts Ltd.
15.2.2. Acorn Stairlifts Inc.
15.2.3. Stannah International
15.2.4. Savaria Corp.
15.2.5. Handicare Group AB
15.2.6. SUGIYASU Co., Ltd.
15.2.7. Otolift Stairlifts Ltd.
15.2.8. Prism U.K. Medical Limited
15.2.9. Bruno Independent Living Aids, Inc.
15.2.10. Harmar Mobility LLC
15.2.11. Platinum Stair Lifts Ltd.
15.2.12. HIRO LIFT
15.2.13. Kumalift Co., Ltd
15.2.14. Symax Lift (China) Co, Ltd.
15.2.15. Lehner Lifttechnik GmbH
15.2.16. Qingdao Sinofirst Machinery Co., L
15.2.17. Taamal Seed Electra Group
16. Research Methodology
17. Key Assumptions and Acronyms
  • Otolift Stairlifts Ltd.
  • Acorn Stairlifts Inc.
  • Stannah International
  • Savaria Corp.
  • Handicare Group AB
  • SUGIYASU Co., Ltd.
  • Otolift Stairlifts Ltd.
  • Prism U.K. Medical Limited
  • Bruno Independent Living Aids, Inc.
  • Harmar Mobility LLC
  • Platinum Stair Lifts Ltd.
  • HIRO LIFT
  • Kumalift Co., Ltd
  • Symax Lift (China) Co, Ltd.
  • Lehner Lifttechnik GmbH
  • Qingdao Sinofirst Machinery Co., L
  • Taamal Seed Electra Group