Market revenue in 2023 | USD 151.7 million |
Market revenue in 2030 | USD 269.4 million |
Growth rate | 8.5% (CAGR from 2023 to 2030) |
Largest segment | Stair lifts |
Fastest growing segment | Stair Climbing Wheelchair |
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 |
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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.
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.
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