Wheelchair Platform Stairlifts Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wheelchair platform stairlifts due to rising geriatric population and growing awareness about disability assistance devices. Additionally, the increasing adoption of wheelchair platform stairlifts in public places is also propelling the market growth. However, high installation and maintenance cost may restrain the market growth during the forecast period. The global wheelchair platform stairlift market can be segmented on basis of type into straight stairlift and curved stairlift. The straight stairlift segment is anticipated to hold a larger share in terms of revenue as compared to curved stairlift segment during the forecast period owing to its low installation cost as compared to curved stairs lift type. On basis of application, residence accounted for majority share in 2017 and it is projected that this trend would continue over next few years owing rising demand for assisted living facilities across globe coupled with increase in disposable income levels especially in developing countries such as China and India . However, public place would register highest CAGR over next few years on account growing number of tourist destinations globally which are becoming more accessible for people with disabilities . Regionally, North America held dominant position in 2017 followed by Europe on account higher adoption rateof advanced technologies related disability assistance devices such as wheelchair platform lifts across these regions .
Wheelchair Platform Stairlifts provide a means for wheelchair users to access areas that may have stairs, without having to rely on someone else to carry them. They are also helpful in providing access to areas that may be too narrow or have other obstacles for a wheelchair user to navigate.
A straight stairlift is a type of wheelchair-based mobility equipment that consists of a rail system and steps or rails. It has the ability to move independently on four wheels, making it easier for people in wheelchairs to access flights of stairs and steps with ease. The device can be used by people suffering from spinal cord injuries, arthritis, Parkinson's disease or any other movement disability.
A curved stairlift is a type of wheelchair lift used to transfer people with disabilities from their wheelchairs or other mobility aids onto steps, risers, and into the arms of volunteers. It is also used by able-bodied individuals for ascending and descending flights of stairs.
The application of the wheelchair platform stairlifts is generally limited to residential and public places. The residential segment dominated the global market in 2017, accounting for over 60% of the total revenue share. This can be attributed to growing urbanization along with rising number of single-parent families due to which there has been a rise in demand for single-level housing units. Furthermore, an increase in aging population across various regions has also created a growth potential for this industry thereby driving demand from the residential sector.
The public place segment is expected to grow at fastest CAGR during forecast years owing to increasing government spending on infrastructure development as well as increased spending on healthcare facilities by companies operating within this sector such as AT&T Inc., IBM Corporation and Microsoft Corporation among others are expected to invest heavily over next few years thus creating growth opportunities for wheelchairs platform stairlifts globally.
North America dominated the global wheelchair platform stairlifts market in 2017. This can be attributed to increasing number of people suffering from osteoarthritis and rheumatoid arthritis, growing geriatric population, rising awareness about accessible transportation, and increasing government initiatives. For instance, in 2015-2016 academic year, Stairlift Aide conducted over 40 residential training sessions for ramp users on how to use wheelchair access stairs with an assistance of a lift. Europe is expected to grow at a significant rate during the forecast period owing to increased spending power among consumers as well as improved economic conditions after recession in 2008-09.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure especially hospitals & clinics along with rising prevalence of target diseases such as Parkinsonâ€™s disease or multiple sclerosis (MS).
- Increasing elderly population: The global elderly population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the decline in fertility rates. This will result in an increase in demand for wheelchair platform stairlifts, as they provide a safe and easy way for seniors to travel between floors.
- Rising awareness about disability aids: There is a growing awareness among people about disability aids such as wheelchair platform stairlifts, which is helping to drive their demand. In addition, governments are also promoting the use of these devices through various initiatives and schemes, thereby aiding market growth.
- Technological advancements: The development of new technologies has led to the introduction of advanced wheelchair platform stairlifts that are easier and safer to use than traditional models. This is resulting in an increase in their adoption by consumers worldwide, thus propelling market growth further..
Scope Of The Report
Wheelchair Platform Stairlifts Market Research Report
Straight Stairlift, Curved Stairlift
Residence, Public Place
ACORN, Handicare, Stannah, ThyssenKrupp, Bruno, Otolift, Harmar, SUGIYASU, DAIDO KOGYO, Platinum, ACORN, Savaria, Kumalift, Fengning, Jiujiu Yanyang
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
Yes, the report can be customized as per your need.
Global Wheelchair Platform Stairlifts Market Report Segments:
The global Wheelchair Platform Stairlifts market is segmented on the basis of:
Straight Stairlift, Curved Stairlift
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Residence, Public Place
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAIDO KOGYO
- Jiujiu Yanyang
Highlights of The Wheelchair Platform Stairlifts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight Stairlift
- Curved Stairlift
- By Application:
- Public Place
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wheelchair Platform Stairlifts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wheelchair platform stairlifts are a type of wheelchair accessible elevator that uses a platform to move the user up and down stairs. They are often used in places where it is difficult or impossible to install an elevator, such as hospitals, schools, and businesses.
Some of the key players operating in the wheelchair platform stairlifts market are ACORN, Handicare, Stannah, ThyssenKrupp, Bruno, Otolift, Harmar, SUGIYASU, DAIDO KOGYO, Platinum, ACORN, Savaria, Kumalift, Fengning, Jiujiu Yanyang.
The wheelchair platform stairlifts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wheelchair Platform Stairlifts Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wheelchair Platform Stairlifts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wheelchair Platform Stairlifts Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wheelchair Platform Stairlifts Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wheelchair Platform Stairlifts Market Size & Forecast, 2020-2028 4.5.1 Wheelchair Platform Stairlifts Market Size and Y-o-Y Growth 4.5.2 Wheelchair Platform Stairlifts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Straight Stairlift
5.2.2 Curved Stairlift
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.2 Public Place
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wheelchair Platform Stairlifts Market Analysis and Forecast by Region
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wheelchair Platform Stairlifts Market Size Forecast by Region
7.2.1 North America
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Straight Stairlift
9.6.2 Curved Stairlift
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.2 Public Place
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.2 Europe Market Size Forecast by Country
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Straight Stairlift
10.6.2 Curved Stairlift
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.2 Public Place
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Straight Stairlift
11.6.2 Curved Stairlift
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.2 Public Place
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.2 Latin America Market Size Forecast by Country
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Straight Stairlift
12.6.2 Curved Stairlift
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.2 Public Place
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Straight Stairlift
13.6.2 Curved Stairlift
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.2 Public Place
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wheelchair Platform Stairlifts Market: Competitive Dashboard
14.2 Global Wheelchair Platform Stairlifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.9 DAIDO KOGYO
14.3.15 Jiujiu Yanyang