• Health Care Facilities
• Home Care Settings
Rising global geriatric population fuels the growth of global stairlifts market
Common problems faced by geriatric population include instances of falling due to vertigo or
dizziness, metal deterioration, chronic diseases and reduced mobility caused due to age-related
issue. According to W.H.O falls are the second leading cause of accident or unintentional injury
which leads to death of people worldwide whereas adults older than 65 years suffer the greatest
number of fatal falls. Furthermore, every 11 seconds, an older adult is treated in emergency
room for a fall and every 19 minutes, an elderly person dies from a fall according to National
Council on Aging. Where stairlifts is proving to be an essential mobility devices among the
disabled people and geriatric population.
Regional growth engines of stairlifts market
There are about 18.2 million people unable to walk in U.S. according to Centers for Disease
and Prevention (CDC) in year 2015 which is expected to boost the market of stairlifts market in
U.S. Whereas North America is also seen to increase the market of stairlifts due to rise in
geriatric population and also due to advancement in technological development for mobility
device marketing. Older people had 18.9% share in Europe according to Eurostat in 2015 which
as increased by 0.4% by previous year 2014 which indicates that there will be significant
increase in stairlifts market in Europe. Decrease in its installation cost favors the growth in Asia
Pacific market of stairlifts.
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Key players supporting the growth factor of stairlifts market
Key players operating in the global stairlifts market include Acorn Stairlifts, Bruno Independent
Living Aids, Stannah Stairlifts Ltd., Inc, and Handicare. Leading brands available in the market
include, Siena, Handicare Van Gogh, Starla, Elan Indoor Straight, and Acorn Superglide 120.
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