North America Stair Lifts And Climbing Devices Market Size & Outlook
North America stair lifts and climbing devices market, 2018-2030 (US$M)
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North America stair lifts and climbing devices market highlights
- The North America stair lifts and climbing devices market generated a revenue of USD 735.2 million in 2023.
- The market is expected to grow at a CAGR of 9% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 735.2 million |
| Market revenue in 2030 | USD 1,345.1 million |
| Growth rate | 9% (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, North America region accounted for 34.8% 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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North 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 58.85% in 2023. Horizon Databook has segmented the North 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.
North America region dominated the global market in 2022 with the largest share of 43.3% owing to the growing prevalence of disability and rapid technological advancements. Mobility is the most prevalent impairment, affecting one out of every seven individuals.
Disability becomes increasingly prevalent as people become older, impacting around two out of every five persons aged 65 and over. Mobility impairment is approximately five times more prevalent among middle-aged people living in poverty than among those whose income is twice the poverty line.
Companies such as Handicare are continuously working to give a good choice for mobility to elderly or disabled people. Portable Ceiling Lifts were recently introduced in North America by Handicare. The AP-Series, which represents the new generation in portable ceiling lift innovation.
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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 North America stair lifts and climbing devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America stair lifts and climbing devices market size, by country, 2018-2030 (US$M)
North America Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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