Published by Coherent Market Insights
Posted on September 17, 2021
5 min readLast updated: February 5, 2026
The global Stairlifts market is set to grow significantly, reaching $4,079 million by 2027, driven by technological advancements and increased usage.
Stairlifts Market Size And Forecast
The global Stairlifts market was valued at US$ 1,509.3 million in 2018 and is projected to reach US$ 4,079.0 Million by 2027, growing At a CAGR of 11.6% from 2020 to 2027.
According to new informative report by Coherent Market Insights an analytical data of Stairlifts market has recently added to its massive database. The research report covers various business verticals. It was added based on various dynamic aspects of the business. This statistical report has been prepared using primary and secondary research methods. Well explained Porter’s five analysis and SWOT analysis have been used to examine the strength, weaknesses, threats and opportunities.
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What are Stairlifts?
A stair lift is a mechanical device for lifting people, typically those with disabilities, up and down stairs. For sufficiently wide stairs, a rail is mounted to the treads of the stairs. A chair or lifting platform is attached to the rail. Stairlifts are mobility devices that are used by individuals who are unable to move properly, and by those with certain inabilities. Stairlifts are useful for individuals with limited mobility to travel easily from one floor to another in multi-floor premises. The worldwide stairlift market is expected to urge a significant growth during the forecast period. Owing to increase in use of stairlifts in public spaces and business premises, hospitals and clinics, and residential buildings.
Continuous technological advancement and launch of innovative stairlifts is expected to drive the market growth over the forecast period. For instance, in July 2019, MediTek Ltd. launched the MediTek E120 Essential Stairlift. It is integrated with advanced features such as joystick control, manual swivel lever, Intelligent Control and Diagnostic System (ICS), continuous charging strip and others.
In January 2018, Harmar Mobility LLC announced the launch of Pinnacle SL300 straight stair lift. The newest Pinnacle Harmar’s SL600 and SL600HD is integrated with compact dimensions, lengthy operation during power outages and the automatic/mechanical folding rail options. These some of the benefits continued in the SL300 along with SL600 and SL600 HD.
However, increasing product recalls and stringent regulatory guidelines for product launch and product approvals, are expected to hamper growth of the market over the forecast period. For instance, in July 2015, Acorn Stairlifts recalled around 34,500 units of its Motorized Stair Lifts due to issues such as the seat post separating from the main seat support in the United Kingdom.
Detailed Segmentation
By Product Type:
By Modality Type:
By Operation Mode:
By End User:
Stairlifts Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Stairlifts Market
The “Global Stairlifts Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Acorn Stairlifts, Bruno Independent Living Aids, Stannah Stairlifts Ltd., Inc., Handicare Group AB, Otolift Stairlifts Ltd., Prism U.K. Medical Limited, Platinum Stair Lifts Ltd., Kumalift Co., Ltd., Symax Lift (China) Co, Ltd, Taamal Seed Electra Group, Savaria Corp, Lehner Lifttechnik GmbH, Thyssenkrupp AG.
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support
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The post Stairlifts Market by Product, by Modality, by Operation Mode, Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027 appeared first on Gatorledger.
The article focuses on the analysis and forecast of the global Stairlifts market from 2019 to 2027.
Technological advancements and increased use in various settings are driving the market growth.
Key players include Acorn Stairlifts, Bruno Independent Living Aids, and Stannah Stairlifts Ltd.
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