UK Stair Lifts And Climbing Devices Market Size & Outlook
UK stair lifts and climbing devices market, 2018-2030 (US$M)
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UK stair lifts and climbing devices market highlights
- The UK stair lifts and climbing devices market generated a revenue of USD 206.5 million in 2023 and is expected to reach USD 373.3 million by 2030.
- The UK 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 lifts 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 206.5 million |
| Market revenue in 2030 | USD 373.3 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair lifts |
| 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, UK accounted for 9.8% 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 Europe, Germany stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 170.2 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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UK 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 58.06% in 2023. Horizon Databook has segmented the UK 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 of the UK is growing at the fastest rate, increasing by 0.5% each year on average. The fastest-increasing age group is those aged 85 and above, which currently accounts for more than 2% of the population.
Large market players such as Stannah in the UK are significantly responsible for the growth of mobility devices in the market. Stannah sold over 750,000 stair lifts globally in 2020, making it the global stair lift market leader, and has provided over 30,000 lifts in the UK.
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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 country-level data and insights on the UK stair lifts and climbing devices market , including forecasts for subscribers. This country databook contains high-level insights into UK stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK stair lifts and climbing devices market size, by devices, 2018-2030 (US$M)
UK Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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