Latin America Stair Lifts And Climbing Devices Market Size & Outlook

The stair lifts and climbing devices market in Latin America is expected to reach a projected revenue of US$ 269.4 million by 2030. A compound annual growth rate of 8.5% is expected of Latin America stair lifts and climbing devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$151.7
Forecast, 2030 (US$M)
$269.4
CAGR, 2024 - 2030
8.6%
Report Coverage
Latin America

Latin America stair lifts and climbing devices market, 2018-2030 (US$M)

Latin

Related Markets

Latin America stair lifts and climbing devices market highlights

  • The Latin America stair lifts and climbing devices market generated a revenue of USD 151.7 million in 2023.
  • The market is expected to grow at a CAGR of 8.5% 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.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 151.7 million
Market revenue in 2030USD 269.4 million
Growth rate8.5% (CAGR from 2023 to 2030)
Largest segmentStair lifts
Fastest growing segmentStair Climbing Wheelchair
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStair lifts, Stair Climbing Wheelchair
Key market players worldwideThyssenkrupp 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, Latin America region accounted for 7.2% 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Stair Lifts And Climbing Devices Market Companies

Name Profile # Employees HQ Website

Latin America 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 57.68% in 2023. Horizon Databook has segmented the Latin America 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.


In Latin America, around 8% of the population is 65 or older, which is still considerably below Europe's 18%. However, by 2050, this percentage is expected to more than double to 17.5% and exceed 30% by the end of the century.  

People with disabilities are among the poorest of the poor, with very sluggish and unpredictable progress toward economic and social growth. In Latin America, Handicare has the most extensive network of factory-trained and approved local stair lift companies. 

Its approved local stair lift dealer network provides outstanding expertise and support that assists in assessing particular needs, selecting the effective solution for the house, and implementing those solutions with the highest industry values.

Reasons to subscribe to Latin America stair lifts and climbing devices market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America stair lifts and climbing devices market databook

  • Our clientele includes a mix of stair lifts and climbing devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America stair lifts and climbing devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Latin America stair lifts and climbing devices market size, by country, 2018-2030 (US$M)

Latin America Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)

Latin America stair lifts and climbing devices market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more