Global Stairlift Market to Witness Significant Growth, say Recent Reports

Also known as chair lifts or stair gliders, stairlifts are easy to operate mobility devices that provide a smooth and safe ride over stairs. Custom stairlifts serve as an ideal option in homes and healthcare facilities, allowing people with mobility concerns to move one floor to another easily and comfortably.

According to a recent report from Coherent Market Insights, the global stairlifts market is expected to achieve high growth during the forecast period of 2018–2026.The rising global geriatric population is a key factor fueling the growth of the stairlift market. The potential risks faced by the geriatric population include falling due to vertigo or dizziness, metal deterioration, chronic disease and reduced mobility caused due to age-related issues. Stairlifts help them go up and down staircase safely in a seated, perched or standing position, preventing falls and reducing the risk of related conditions such as hip fractures or lower body weakness while climbing stairs. The top features of these devices include safety belt or harness, flip-up rail, swivel seat, underpan sensors, handheld controller, rechargeable batteries and call stations.

The report categorizes the market on the basis of product type, modality type, operation mode, and end-user. The stairlift product types include straight, curved and standing models. Modality type refers to indoor and outdoor stairlifts. Based on the operation mode, the market is segmented into alternating current and direct current. End users of the product include health care facilities and home care settings.

Owing to factors such as rise in geriatric population and advancements in technology for mobility device marketing, North America is expected to account for highest share in the stairlift market. Europe’s stairlift market is also expected to grow as older people accounted for 18.9% of Europe’s population in 2015according to Eurostat, an increase of 0.4% from the previous year. At the same time, decrease in its installation costs is contributing to the growth of the stairlift market in the Asia Pacific region.

Key players operating in this market include Acorn Stairlifts, Bruno Independent Living Aids, Stannah Stairlifts Ltd., Inc, and Handicare. Other leading brands include Siena, Handicare Van Gogh, Starla, Elan Indoor Straight, and Acorn Superglide 120.

When purchasing stairlifts in New Jersey or any nearby areas, it is ideal to choose an experienced dealer in the industry.