Market Overview:
The global wheelchair stairlifts market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wheelchair stairlifts due to the growing geriatric population and rising incidence of disabilities. Additionally, factors such as technological advancements and increasing awareness about disability aids are also contributing to the growth of this market. Based on type, the global wheelchair stairlifts market is segmented into load capacity less than 100 kg, load capacity 100-200 kg, and load capacity more than 200 kg. The load capacity less than 100 kg segment is expected to account for a major share of the global wheelchair stairlifts market in 2018 owing to its low cost and easy installation.
Product Definition:
Wheelchair stairlifts, also known as vertical platform lifts, are devices that enable people who use wheelchairs to travel between different levels in a building without having to use the stairs. Wheelchair stairlifts typically consist of a platform that is attached to a motorized carriage which travels up and down a track or rail system. Wheelchair users can activate the lift by pressing a button or using some other form of control.
Load Capacity Less Than 100 Kg:
The global load capacity less than 100 kg market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising geriatric population, increasing prevalence of orthopedic conditions & joint disorders, and growing demand for manual wheelchair lifts.
Load Capacity 100-200 Kg:
The load capacity 100-200 Kg is used in wheelchair stairlifts to determine the weight limit of the device. It is a standard measurement for all types of wheelchair lifts, which ensures that users have a safe and secure ride every time they use it.
It also helps manufacturers to develop products that are lightweight and made from high-quality materials so as to ensure maximum durability and performance for as long as possible.
Application Insights:
The residential segment held the largest share of more than 70.0% in 2017. The growing number of aging population and rising number of wheelchairs are the major factors driving the demand for wheelchair stairlifts in this segment. According to a study conducted by AARP, it was found that there were 50 million people aged 65 or above living in U.S., which is expected to increase by about 20% over the next two decades, thus providing huge potential for product installation across residential buildings worldwide.
The commercial segment is expected to expand at a CAGR of XX%, in terms of revenue from 2018 to 2030 owing to an increasing number of hospitals, rehabilitation centers and medical facilities installing these devices due to advantages such as easy maneuverability on stairs along with protection against accidents caused due slipping & falling off from chairs while ascending or descending stairs thereby protecting both patients & healthcare professionals involved.
Regional Analysis:
North America dominated the global wheelchair stairlifts market in 2017. This can be attributed to increasing number of accidents and rising prevalence of chronic diseases in the region. According to a study conducted by National Spinal Cord Injury Statistical Center, every year approximately 285,000 people are reported to suffer from spinal cord injuries in the U.S., which is expected to boost product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rise in construction activities coupled with favorable government initiatives aimed at creating awareness regarding accessibility for disabled people across various applications such as residential buildings, commercial complexes and public infrastructure facilities such as railway stations & airports etc.).
Growth Factors:
- 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 stairlifts, as they provide a safe and easy way for seniors to access different levels of their homes.
- Rising awareness about disability aids: There is a growing awareness among people about disability aids such as wheelchair stairlifts, which is helping to drive demand for these products. In addition, governments are also promoting the use of such devices through initiatives such as tax breaks and subsidies, which is further aiding market growth.
- Technological advancements: The development of new technologies has led to the introduction of more advanced wheelchair stairlift models that are easier to operate and provide greater safety features than traditional models. This is resulting in increased adoption rates among consumers, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheelchair Stairlifts Market Research Report
By Type
Load Capacity Less Than 100 Kg, Load Capacity 100-200 Kg, Load Capacity More Than 200 Kg
By Application
Residential, Commercial, Communal, Medical
By Companies
Invacare, Antano Group, TGR, AAT Alber Antriebstechnik GmbH, Vimec, KSP ITALIA, Lehner Lifttechnik, Dragon Industry, Equa OÜ, Alber, Simbo-Poltava, Teyder
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Wheelchair Stairlifts Market Report Segments:
The global Wheelchair Stairlifts market is segmented on the basis of:
Types
Load Capacity Less Than 100 Kg, Load Capacity 100-200 Kg, Load Capacity More Than 200 Kg
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.
Applications
Residential, Commercial, Communal, Medical
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:
- Invacare
- Antano Group
- TGR
- AAT Alber Antriebstechnik GmbH
- Vimec
- KSP ITALIA
- Lehner Lifttechnik
- Dragon Industry
- Equa OÜ
- Alber
- Simbo-Poltava
- Teyder
Highlights of The Wheelchair 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:
- Load Capacity Less Than 100 Kg
- Load Capacity 100-200 Kg
- Load Capacity More Than 200 Kg
- By Application:
- Residential
- Commercial
- Communal
- Medical
- 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 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.
Regional Analysis
- North America
- Europe
- 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
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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 stairlifts are a type of mobility aid that allow people with disabilities to ascend or descend stairs more easily. They typically have two sets of wheels, one at the bottom and one at the top of the staircase, which allows them to be moved up and down quickly.
Some of the major players in the wheelchair stairlifts market are Invacare, Antano Group, TGR, AAT Alber Antriebstechnik GmbH, Vimec, KSP ITALIA, Lehner Lifttechnik, Dragon Industry, Equa Oœ, Alber, Simbo-Poltava, Teyder.
The wheelchair stairlifts market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wheelchair 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 Stairlifts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wheelchair 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 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 Stairlifts Market Size & Forecast, 2020-2028
4.5.1 Wheelchair Stairlifts Market Size and Y-o-Y Growth
4.5.2 Wheelchair Stairlifts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
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 Load Capacity Less Than 100 Kg
5.2.2 Load Capacity 100-200 Kg
5.2.3 Load Capacity More Than 200 Kg
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
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
6.2.1 Residential
6.2.2 Commercial
6.2.3 Communal
6.2.4 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wheelchair Stairlifts Market Analysis and Forecast by Region
7.1 Introduction
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 Stairlifts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
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
8.1 Introduction
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
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
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 Load Capacity Less Than 100 Kg
9.6.2 Load Capacity 100-200 Kg
9.6.3 Load Capacity More Than 200 Kg
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
9.10.1 Residential
9.10.2 Commercial
9.10.3 Communal
9.10.4 Medical
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
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
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 Load Capacity Less Than 100 Kg
10.6.2 Load Capacity 100-200 Kg
10.6.3 Load Capacity More Than 200 Kg
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
10.10.1 Residential
10.10.2 Commercial
10.10.3 Communal
10.10.4 Medical
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
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
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 Load Capacity Less Than 100 Kg
11.6.2 Load Capacity 100-200 Kg
11.6.3 Load Capacity More Than 200 Kg
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
11.10.1 Residential
11.10.2 Commercial
11.10.3 Communal
11.10.4 Medical
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
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
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 Load Capacity Less Than 100 Kg
12.6.2 Load Capacity 100-200 Kg
12.6.3 Load Capacity More Than 200 Kg
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
12.10.1 Residential
12.10.2 Commercial
12.10.3 Communal
12.10.4 Medical
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
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
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 Load Capacity Less Than 100 Kg
13.6.2 Load Capacity 100-200 Kg
13.6.3 Load Capacity More Than 200 Kg
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
13.10.1 Residential
13.10.2 Commercial
13.10.3 Communal
13.10.4 Medical
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 Stairlifts Market: Competitive Dashboard
14.2 Global Wheelchair Stairlifts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Invacare
14.3.2 Antano Group
14.3.3 TGR
14.3.4 AAT Alber Antriebstechnik GmbH
14.3.5 Vimec
14.3.6 KSP ITALIA
14.3.7 Lehner Lifttechnik
14.3.8 Dragon Industry
14.3.9 Equa OÜ
14.3.10 Alber
14.3.11 Simbo-Poltava
14.3.12 Teyder
