Stair Lift Market: By Rail Type, By Install Location, By Power Source, and Alternating Current ), By Application Type, and Region Forecast 2020-2031
Stair Lift Market: By Rail Type, By Install Location, By Power Source, and Alternating Current ), By Application Type, and Region Forecast 2020-2031
Stair Lift Market size was valued at US$ 810.3 million in 2023, growing at a 6.3% CAGR from 2024 to 2030. The stair lift is a mechanical device people use to go up and down stairs. It provides a rail along the stairs through which the person can move. It also provides a switch by which a person can operate and move. These type of stairlifts are planned for residential purposes, especially for physically disabled people who needs to move up and down the stairs. These stair lifts are more comfortable and easier to use. Growing musculoskeletal problems such as Osteoarthritis, Knee Problems across worldwide increase the demand for stairlift products.
Furthermore, WHO classifies osteoarthritis as one of the most disabling chronic diseases in developed regions. It is a degenerative joint disease associated especially among elderly peoples that affect joints, including the knees, hips, fingers, and low spine that have constantly been increasing throughout the forecasted period. As a result, the market for stair lift has a chance to expand due to the growing requirement for stair lift. Continuous improvement in these products with time creates opportunities for various key players to make investments that support market growth. The recent occurrences of global pandemic COVID 19 and government makes rules for self-isolation at their residence with particular stress on the elderly population.
Study Period
2025-2031Base Year
2024CAGR
6.3%Largest Market
Asia-PacificFastest Growing Market
North-America
People have growing musculoskeletal problems due to a lack of physical activities in daily life. It is being observed that older people mostly prefer stair lifts installed in their residential dwellings. Factors such as an increase in the geriatric population, and the rising number of patients with musculoskeletal and movement disabilities, attached with incidences of accidental injuries, are propelling the need for stairlifts globally. Furthermore, modifications in product design with the customization and infrastructural developments in residences are fueling the growth of stairlifts widely.
Awareness among people about stairlifts and the use of such equipment helps in recapturing confidence among people undergoing physical challenges to move or walk. Also, with feasibility, frequent maintenance, affordability, and ease of use, several workplaces are encouraged to provide such facilities for their disabled employees, thus creating opportunities to expand the market size. Moreover, high costs of stairlifts and maintenance cost hampering the market growth globally. Also, the potential risk of injury because of incorrect installation and defective mechanisms are a few challenges faced by the prominent players, which also hinder the stairlift market growth.
The Stair Lift market in North America is likely to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly by accounting for these factors such as the increase in the elderly age of the population, government forms concern towards the difficulties faced by the elderly, and impaired disabled population. Additionally, the region also has the presence of prominent organizations that ensure the products meet the user's requirements and regulations. Europe also anticipated growing the stairlift market by investing in these technologically advanced products.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 810.3 million |
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Market CAGR |
6.3% |
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By Rail Type |
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By Application |
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By Power Source |
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By Region |
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The global stair lift market size was valued at US$ 810.3 million in 2023, growing at a 6.3% CAGR from 2024 to 2030.
The market key players are: Otolift Stairlifts Ltd. Acorn Stairlifts Inc. Stannah International Savaria Corp. Handicare Group AB SUGIYASU Co., Ltd. Otolift Stairlifts Ltd. Prism U.K. Medical Limited Bruno Independent Living Aids, Inc. Harmar Mobility LLC Platinum Stair Lifts Ltd. HIRO LIFT Kumalift Co., Ltd Symax Lift (China) Co, Ltd. Lehner Lifttechnik GmbH Qingdao Sinofirst Machinery Co., L Taamal Seed Electra Group
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Stair Lift Market Introduction |
| 2.1. Global Stair Lift Market – Taxonomy |
| 2.2. Global Stair Lift Market –Definitions |
| 2.2.1. Rail Type |
| 2.2.2. Install Location |
| 2.2.3. Power Source |
| 2.2.4. Application |
| 2.2.5. Geography |
| 3. Global Stair Lift Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Stair Lift Market Dynamic Factors - Impact Analysis |
| 3.6. Global Stair Lift Market – Competition Landscape |
| 4. Global Stair Lift Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Stair Lift Market, By Rail Type, 2020 - 2024and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1. Platform Stair Lifts |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Curved Stair Lifts |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Straight Stair Lifts |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Stair Lift Market, By Install Location, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1. Residential Spaces |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Commercial Spaces |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Stair Lift Market Forecast, By Power Source,2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.1. Direct Current (DC) |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Alternating Current (AC) |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Stair Lift Market, By Application, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1. Residential |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Government |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Leisure &Entertainment |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Healthcare |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Stair Lift Market Forecast, By Region, 2020 - 2024 and Forecast, 2025 - 2031(Revenue, USD Mn) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia-Pacific |
| 9.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Middle East and Africa |
| 9.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Region, 2025 - 2031 |
| 10. North America Stair Lift Market Analysis,2020 - 2024and Forecast, 2025 - 2031(Revenue, USD Mn) |
| 10.1. Rail Type Analysis 2020 - 2024and Forecast 2025 - 2031by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Platform Stair Lifts |
| 10.1.2. Curved Stair Lifts |
| 10.1.3. Straight Stair Lifts |
| 10.2. Install Location Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Residential Spaces |
| 10.2.2. Commercial Space |
| 10.3. Power Source Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Direct Current (DC) |
| 10.3.2. Alternating Current (AC) |
| 10.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1. Residential |
| 10.4.2. Governments |
| 10.4.3. Leisure &Entertainment |
| 10.4.4. Healthcare |
| 10.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. USA |
| 10.5.2. Canada |
| 10.6. North America Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2025 - 2031 |
| 10.7. North America Stair Lift Market Dynamics – Trends |
| 11. Europe Stair Lift Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031(Revenue, USD Mn) |
| 11.1. Rail Type Analysis 2020 - 2024and Forecast 2025 - 2031by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Platform Stair Lifts |
| 11.1.2. Curved Stair Lifts |
| 11.1.3. Straight Stair Lifts |
| 11.2. Install Location Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Residential Spaces |
| 11.2.2. Commercial Space |
| 11.3. Power Source Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Direct Current (DC) |
| 11.3.2. Alternating Current (AC) |
| 11.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1. Residential |
| 11.4.2. Governments |
| 11.4.3. Leisure &Entertainment |
| 11.4.4. Healthcare |
| 11.5. Country Analysis 2020 - 2024and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.5.1. Germany |
| 11.5.2. UK |
| 11.5.3. France |
| 11.5.4. Spain |
| 11.5.5. Italy |
| 11.5.6. Russia |
| 11.5.7. Poland |
| 11.5.8. Rest of Europe |
| 11.6. Europe Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2025 - 2031 |
| 11.7. Europe Stair Lift Market Dynamics – Trends |
| 12. Asia-Pacific Stair Lift Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 12.1. Rail Type Analysis 2020 - 2024and Forecast 2025 - 2031by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Platform Stair Lifts |
| 12.1.2. Curved Stair Lifts |
| 12.1.3. Straight Stair Lifts |
| 12.2. Install Location Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Residential Spaces |
| 12.2.2. Commercial Space |
| 12.3. Power Source Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Direct Current (DC) |
| 12.3.2. Alternating Current (AC) |
| 12.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1. Residential |
| 12.4.2. Governments |
| 12.4.3. Leisure &Entertainment |
| 12.4.4. Healthcare |
| 12.5. Country Analysis2020 - 2024and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. Japan |
| 12.5.2. China |
| 12.5.3. India |
| 12.5.4. ASEAN |
| 12.5.5. Australia & New Zealand |
| 12.5.6. Rest of Asia-Pacific |
| 12.6. Asia-Pacific Stair Lift Market - Opportunity Analysis Index, By Install Location, Rail Type, Power Source, Application, and Country,2025 - 2031 |
| 12.7. Asia-Pacific Stair Lift Market Dynamics – Trends |
| 13. Latin America Stair Lift Market Analysis,2020 - 2024 and Forecast, 2025 - 2031(Revenue, USD Mn) |
| 13.1. Rail Type Analysis 2020 - 2024and Forecast 2025 - 2031by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Platform Stair Lifts |
| 13.1.2. Curved Stair Lifts |
| 13.1.3. Straight Stair Lifts |
| 13.2. Install Location Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Residential Spaces |
| 13.2.2. Commercial Space |
| 13.3. Power Source Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Direct Current (DC) |
| 13.3.2. Alternating Current (AC) |
| 13.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1. Residential |
| 13.4.2. Governments |
| 13.4.3. Leisure &Entertainment |
| 13.4.4. Healthcare |
| 13.5. Country Analysis 2020 - 2024and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. Brazil |
| 13.5.2. Mexico |
| 13.5.3. Argentina |
| 13.5.4. Rest of Latin America |
| 13.6. Latin America Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2025 - 2031 |
| 13.7. Latin America Stair Lift Market Dynamics – Trends |
| 14. Middle East and Africa Stair Lift Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) |
| 14.1. Rail Type Analysis 2020 - 2024 and Forecast 2025 - 2031by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1. Platform Stair Lifts |
| 14.1.2. Curved Stair Lifts |
| 14.1.3. Straight Stair Lifts |
| 14.2. Install Location Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.2.1. Residential Spaces |
| 14.2.2. Commercial Space |
| 14.3. Power Source Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1. Direct Current (DC) |
| 14.3.2. Alternating Current (AC) |
| 14.4. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1. Residential |
| 14.4.2. Governments |
| 14.4.3. Leisure &Entertainment |
| 14.4.4. Healthcare |
| 14.5. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 14.5.1. Gulf Cooperation Council (GCC) Countries |
| 14.5.2. Israel |
| 14.5.3. South Africa |
| 14.5.4. Rest of MEA |
| 14.6. MEA Stair Lift Market - Opportunity Analysis Index, By Rail Type, Install Location, Power Source, Application, and Country, 2025 - 2031 |
| 14.7. MEA Stair Lift Market Dynamics – Trends |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. Otolift Stairlifts Ltd. |
| 15.2.2. Acorn Stairlifts Inc. |
| 15.2.3. Stannah International |
| 15.2.4. Savaria Corp. |
| 15.2.5. Handicare Group AB |
| 15.2.6. SUGIYASU Co., Ltd. |
| 15.2.7. Otolift Stairlifts Ltd. |
| 15.2.8. Prism U.K. Medical Limited |
| 15.2.9. Bruno Independent Living Aids, Inc. |
| 15.2.10. Harmar Mobility LLC |
| 15.2.11. Platinum Stair Lifts Ltd. |
| 15.2.12. HIRO LIFT |
| 15.2.13. Kumalift Co., Ltd |
| 15.2.14. Symax Lift (China) Co, Ltd. |
| 15.2.15. Lehner Lifttechnik GmbH |
| 15.2.16. Qingdao Sinofirst Machinery Co., L |
| 15.2.17. Taamal Seed Electra Group |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
Key Market Players
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