U.S. Stair Lifts And Climbing Devices Market Size & Outlook
U.S. stair lifts and climbing devices market, 2018-2030 (US$M)
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U.S. stair lifts and climbing devices market highlights
- The U.S. stair lifts and climbing devices market generated a revenue of USD 644.3 million in 2023 and is expected to reach USD 1,175.1 million by 2030.
- The U.S. 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.
Stair lifts and climbing devices market data book summary
| Market revenue in 2023 | USD 644.3 million |
| Market revenue in 2030 | USD 1,175.1 million |
| Growth rate | 9% (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, U.S. accounted for 30.5% 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 North America, U.S. stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 170.0 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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U.S. 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 U.S. 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.
Mobility, hearing, vision, and cognition are all affected by the most prevalent forms of disabilities in the country. The U.S. is the most lucrative market globally for any business; therefore, leading wheelchair manufacturers are engaging in mergers and acquisitions to expand their presence in the country. Impairment is more common in older people, and over half of those aged 75 and above have some form of disability.
Companies such as Bruno in the U.S. provided good service for mobility devices during the pandemic. They have observed a high demand for stair lifts during the pandemic. Seniors prefer to remain in their homes where they have control over their surroundings, rather than transferring to a facility where they may not be able to see their family or friends.
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Target buyers of U.S. stair lifts and climbing devices market databook
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. stair lifts and climbing devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. stair lifts and climbing devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. stair lifts and climbing devices market size, by devices, 2018-2030 (US$M)
U.S. Stair Lifts And Climbing Devices Market Outlook Share, 2023 & 2030 (US$M)
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