Brazil Stair Lifts And Climbing Devices Market Size & Outlook
Brazil stair lifts and climbing devices market, 2018-2030 (US$M)
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Brazil stair lifts and climbing devices market highlights
- The Brazil stair lifts and climbing devices market generated a revenue of USD 51.8 million in 2023 and is expected to reach USD 92.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, stair lifts was the largest revenue generating devices in 2023.
- Stair Climbing Wheelchair is the most lucrative devices segment registering the fastest growth during the forecast period.
Stair lifts and climbing devices market data book summary
| Market revenue in 2023 | USD 51.8 million |
| Market revenue in 2030 | USD 92.9 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair Climbing Wheelchair |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stair lifts, Stair Climbing Wheelchair |
| Key market players worldwide | Thyssenkrupp AG, Platinum Stairlifts, Bruno Independent Living Aids, American Elevator Group, Precision Stairs, Stannah Stairlifts, Handicare Stairlifts, Acorn Stairlifts, Harmar, Savaria Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global stair lifts and climbing devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 18.2 million by 2030.
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Stair Lifts And Climbing Devices Market Scope
Stair Lifts And Climbing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil stair lifts and climbing devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stair lifts and climbing devices market will help companies and investors design strategic landscapes.
Stair lifts was the largest segment with a revenue share of 57.53% in 2023. Horizon Databook has segmented the Brazil stair lifts and climbing devices market based on stair lifts, stair climbing wheelchair covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has the largest market of stair lifts & climbing devices in Latin America. This is due to a large geriatric population and significant number of people suffering from various diseases. Rapidly aging population puts an additional financial burden on health and welfare.
The health expenditure will be determined mostly by the illness load, which may be lowered. Osteoarthritis is a low-grade, degenerative inflammatory disease that can cause joint deterioration in all joint components. It is the most prevalent kind of joint disease, mostly affecting the knees, hips, hands, and feet.
This illness, which is both medically and economically significant, is responsible for the inability to do labor in roughly 15% of the world's adult population. In Brazil, osteoarthritis is now the third-most prevalent condition accounting for 65% of all causes of disability.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil stair lifts and climbing devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil stair lifts and climbing devices market size, by devices, 2018-2030 (US$M)
Brazil Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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