LONDON, Nov. 20, 2017 /PRNewswire/ --
Stair lifts are very useful mobility devices that help the aging population as well as those with disabilities to access all areas of multistory buildings. Stair lift is commonly used in home care settings or healthcare facilities.
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It is powered by alternating current and also works with batteries to function during the time of power outage. Stair lifts are available for straight and curved staircases and can be fully customized by the customers. People who install stair lifts are either disabled or are suffering from musculoskeletal disorders due to aging. Stair lifts are safe and easy to operate by any age group of patient population.
Stair lifts market is comprehended by product type, mode of operation, mobility and end user. By product type the market is further segmented into straight stair lift, curved stair lift and standing stair lift.
Based on mode of operation the market is categorized into alternating current (AC) and battery. By mobility the market is further segmented into indoor and outdoor. Based on end users the market is categorized into healthcare facilities, home care settings and others.
Stair lift market is further analyzed on the basis of regions such as: North America, Europe, Asia-Pacific and Rest of the World.
Sample Companies profiled in this report are:
Stannah Stairlifts Ltd. (U.K.),
Acorn Stairlifts, Inc. (U.S.),
ThyssenKrupp AG (Germany),
Bruno Independent Living Aids, Inc. (U.S.),
Platinum Stair Lifts Ltd. (U.K.),
10+.
Rise in awareness about accessibility and mobility devices and technological advancements in the industry are propelling the growth of the market. Increase in geriatric population all over the world is fueling the growth of the market in the coming years.
The research methodology opted for this report incorporates initial segregation of the market by product type, mode of operation, mobility, end user and geography. This was followed by mining of market volume and revenue of different product type of stair lifts employed by various end users with respect to regions considered.
Bottom up approach was then followed for estimating the global market size and its forecast for period 2017 to 2023. The data figures and supporting insights so collated were validated through primary research process by Key Opinion Leaders (KOLs) which comprised of manufacturers, distributors, suppliers, associations and end users.
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