Canada Stair Lifts And Climbing Devices Market Size & Outlook
Canada stair lifts and climbing devices market, 2018-2030 (US$M)
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Canada stair lifts and climbing devices market highlights
- The Canada stair lifts and climbing devices market generated a revenue of USD 90.9 million in 2023 and is expected to reach USD 170.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, stair lifts was the largest revenue generating devices in 2023.
- Stair lifts 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 90.9 million |
| Market revenue in 2030 | USD 170.0 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair lifts |
| 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, Canada accounted for 4.3% 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 North America, U.S. stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 170.0 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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Canada 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 58.86% in 2023. Horizon Databook has segmented the Canada 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.
According to Canadian Survey on Disability, the prevalence of disability increased with age in the country. Individuals with mild disabilities and between the ages of 25 and 64 years were employed, but individuals with severe disabilities in the same age group were unemployed.
Over 11% of Canadian people suffer from one of the three most common forms of disability: flexibility, mobility, or pain. Seniors in Canada are a fast-expanding group, enjoying longer and healthier lives than preceding generations.
In 2019, there were about 6.6 million Canadians aged 65 and above, accounting for 16% of the population. In less than two decades, the number of seniors in Canada is expected to almost reach 9.5 million, accounting for 23% of the population.
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Our clientele includes a mix of stair lifts and climbing devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada stair lifts and climbing devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada stair lifts and climbing devices market size, by devices, 2018-2030 (US$M)
Canada Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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