South Africa Stair Lifts And Climbing Devices Market Size & Outlook
Related Markets
South Africa stair lifts and climbing devices market highlights
- The South Africa stair lifts and climbing devices market generated a revenue of USD 17.5 million in 2023 and is expected to reach USD 31.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.8% 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.
Stair lifts and climbing devices market data book summary
| Market revenue in 2023 | USD 17.5 million |
| Market revenue in 2030 | USD 31.5 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair Climbing Wheelchair |
| 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, South Africa accounted for 0.8% 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 Middle East & Africa, Saudi Arabia stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 19.2 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 Scope
Stair Lifts And Climbing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Harmar | View profile | 101-250 | Sarasota, Florida, United States, North America | http://harmar.com |
| Acorn Stairlifts | View profile | 11-50 | Steeton, Bradford, United Kingdom, Europe | https://www.acornstairlifts.co.uk |
| Handicare Stairlifts | View profile | 101-250 | Amsterdam, Noord-Holland, The Netherlands, Europe | https://handicare-trapliften.nl/ |
| Stannah Stairlifts | View profile | 11-50 | Franklin, Massachusetts, United States, North America | https://www.stannah-stairlifts.com |
| Precision Stairs | View profile | 1-10 | Modesto, California, United States, North America | https://precisionstairsystems.com |
| American Elevator Group | View profile | 501-1000 | New York, New York, United States, North America | https://americanelevator.com |
| Bruno Independent Living Aids | View profile | 251-500 | Oconomowoc, Wisconsin, United States, North America | https://www.bruno.com/ |
| Platinum Stairlifts | View profile | 51-100 | Crosshill, South Ayrshire, United Kingdom, Europe | https://www.platinumstairlifts.com |
| Savaria Corp | View profile | 2450 | 4350 Highway 13, Laval, QC, Canada, H7R 6E9 | https://www.savaria.com |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
South Africa 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 57.71% in 2023. Horizon Databook has segmented the South Africa 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 is rapidly aging in most low- and middle-income nations, which is a well-known risk factor for the development of a variety of chronic illnesses. Chronic illness diagnosis and management put a tremendous burden on afflicted individuals and the healthcare system.
People with disabilities are estimated to account for 10% of the overall African population, but this number could increase to 20% in poorer regions. The number of impaired minors enrolled in school is estimated to be between 5% and 10%.
There is a relationship between increase in care burden and a high prevalence of chronic diseases, aging, & disability. Poor health contributes to decreased quality of life and well-being as well as increased levels of impairment in older individuals, especially among the poor.
Reasons to subscribe to South Africa 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 South Africa 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 country-level data and insights on the South Africa stair lifts and climbing devices market , including forecasts for subscribers. This country databook contains high-level insights into South Africa stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa stair lifts and climbing devices market size, by stair climbing wheelchair, 2018-2030 (US$M)
South Africa Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
