Germany Stair Lifts And Climbing Devices Market Size & Outlook
The stair lifts and climbing devices market in Germany is expected to reach a projected revenue of US$ 387.1 million by 2030. A compound annual growth rate of 8.3% is expected of Germany stair lifts and climbing devices market from 2024 to 2030.
Germany stair lifts and climbing devices market highlights
The Germany stair lifts and climbing devices market generated a revenue of USD 221.5 million in 2023 and is expected to reach USD 387.1 million by 2030.
The Germany market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
In terms of segment, stair lifts was the largest revenue generating devices in 2023.
Stair lifts is the most lucrative devices segment registering the fastest growth during the forecast period.
Stair lifts and climbing devices market data book summary
Market revenue in 2023
USD 221.5 million
Market revenue in 2030
USD 387.1 million
Growth rate
8.3% (CAGR from 2023 to 2030)
Largest segment
Stair lifts
Fastest growing segment
Stair lifts
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Stair lifts, Stair Climbing Wheelchair
Key market players worldwide
Thyssenkrupp AG, Platinum Stairlifts, Bruno Independent Living Aids, American Elevator Group, Precision Stairs, Stannah Stairlifts, Handicare Stairlifts, Acorn Stairlifts, Harmar, Savaria Corp
Other key industry trends
In terms of revenue, Germany accounted for 10.5% of the global stair lifts and climbing devices market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
France is the fastest growing regional market in Europe and is projected to reach USD 170.2 million by 2030.
According to the Federal Statistical Office, this represents an increase of roughly 1.8% from the end of 2017. In Germany, the proportion of disabled persons in the overall population was 9.5%. Men made up slightly more than half of them (50.4%), while women made up 49.6%.
Germany is one of just five “super-aged” civilizations in the world, and its geriatric population is expected to continue to increase, accounting for roughly one third of the entire population by 2050.
Germany is a pioneer in utilizing digital technology to support a healthier and more active older population, and the government has created programs to assist older individuals in learning how to utilize basic technologies.
Germany Stair Lifts And Climbing Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Stair Lifts And Climbing Devices Market Outlook will help companies and investors design strategic landscapes.
Stair Lifts was the largest segment with a revenue share of 59.5% in 2023.
Horizon Databook has segmented the Germany stair lifts and climbing devices market based on stair lifts, stair climbing wheelchair covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Federal Statistical Office, this represents an increase of roughly 1.8% from the end of 2017. In Germany, the proportion of disabled persons in the overall population was 9.5%. Men made up slightly more than half of them (50.4%), while women made up 49.6%.
Germany is one of just five “super-aged” civilizations in the world, and its geriatric population is expected to continue to increase, accounting for roughly one third of the entire population by 2050.
Germany is a pioneer in utilizing digital technology to support a healthier and more active older population, and the government has created programs to assist older individuals in learning how to utilize basic technologies.
Germany Stair Lifts And Climbing Devices Market Devices Outlook (Revenue, USD Million , 2018-2030)
Stair lifts
Stair Climbing Wheelchair
Others
Germany Stair Lifts And Climbing Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Homecare
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Stair Lifts And Climbing Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Stair Lifts And Climbing Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Germany Stair Lifts And Climbing Devices Market, 2018-2030 (US$M)