Europe Stair Lifts And Climbing Devices Market Size & Outlook
Europe stair lifts and climbing devices market, 2018-2030 (US$M)
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Europe stair lifts and climbing devices market highlights
- The Europe stair lifts and climbing devices market generated a revenue of USD 666.5 million in 2023.
- The 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 lifts is the most lucrative devices segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 666.5 million |
| Market revenue in 2030 | USD 1,196.5 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair lifts |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 31.6% of the global stair lifts and climbing devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 868.5 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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Europe 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 58.66% in 2023. Horizon Databook has segmented the Europe 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.
The population in Europe is rapidly aging. The median age in the country is currently the highest in the world, and the number of individuals aged 65 and over is expected to nearly double between 2010 and 2050. The average population age and the percentage of people above retirement age are also expected to rise rapidly.
A total of 135 million individuals in Europe are estimated to be disabled. With a rapidly aging population and growing prevalence of noncommunicable diseases, including injuries, this number is expected to grow in the future.
While certain disability-related health problems result in poor health and substantial healthcare demands, others do not. Hence, with rising geriatric population and disability issues, the stair lift and climbing devices market is anticipated to grow in this region.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe stair lifts and climbing devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe stair lifts and climbing devices market size, by country, 2018-2030 (US$M)
Europe Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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