Latin America Stair Lifts And Climbing Devices Market Size & Outlook
Latin America Stair Lifts And Climbing Devices Market, 2018-2030 (US$M)
Global Market
Related Markets
Latin America stair lifts and climbing devices market highlights
- The Latin America stair lifts and climbing devices market generated a revenue of USD 151.7 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, stair lifts was the largest revenue generating devices in 2023.
- Stair Climbing Wheelchair is the most lucrative devices segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 151.7 million |
| Market revenue in 2030 | USD 269.4 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Stair lifts |
| Fastest growing segment | Stair Climbing Wheelchair |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 7.2% of the global stair lifts and climbing devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 868.5 million by 2030.
In Latin America, around 8% of the population is 65 or older, which is still considerably below Europe's 18%. However, by 2050, this percentage is expected to more than double to 17.5% and exceed 30% by the end of the century.
People with disabilities are among the poorest of the poor, with very sluggish and unpredictable progress toward economic and social growth. In Latin America, Handicare has the most extensive network of factory-trained and approved local stair lift companies.
Its approved local stair lift dealer network provides outstanding expertise and support that assists in assessing particular needs, selecting the effective solution for the house, and implementing those solutions with the highest industry values.
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Stair Lifts And Climbing Devices Market Scope
Stair Lifts And Climbing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thyssenkrupp AG | View profile | 100,202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | www.thyssenkrupp.com |
| Savaria Corp | View profile | 2,450 | 4350 Highway 13, Laval, QC, Canada, H7R 6E9 | www.savaria.com |
| Platinum Stairlifts | View profile | 51-100 | Crosshill, South Ayrshire, United Kingdom, Europe | www.platinumstairlifts.com |
| Bruno Independent Living Aids | View profile | 251-500 | Oconomowoc, Wisconsin, United States, North America | www.bruno.com/ |
| American Elevator Group | View profile | 501-1000 | New York, New York, United States, North America | americanelevator.com |
| Precision Stairs | View profile | 1-10 | Modesto, California, United States, North America | precisionstairsystems.com |
| Stannah Stairlifts | View profile | 11-50 | Franklin, Massachusetts, United States, North America | www.stannah-stairlifts.com |
| Handicare Stairlifts | View profile | 101-250 | Amsterdam, Noord-Holland, The Netherlands, Europe | handicare-trapliften.nl/ |
| Acorn Stairlifts | View profile | 11-50 | Steeton, Bradford, United Kingdom, Europe | www.acornstairlifts.co.uk |
| Harmar | View profile | 101-250 | Sarasota, Florida, United States, North America | harmar.com |
Latin America 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 57.68% in 2023.
Horizon Databook has segmented the Latin America 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.
In Latin America, around 8% of the population is 65 or older, which is still considerably below Europe's 18%. However, by 2050, this percentage is expected to more than double to 17.5% and exceed 30% by the end of the century.
People with disabilities are among the poorest of the poor, with very sluggish and unpredictable progress toward economic and social growth. In Latin America, Handicare has the most extensive network of factory-trained and approved local stair lift companies.
Its approved local stair lift dealer network provides outstanding expertise and support that assists in assessing particular needs, selecting the effective solution for the house, and implementing those solutions with the highest industry values.
- Latin America Stair Lifts And Climbing Devices Market Devices Outlook (Revenue, USD Million , 2018-2030)
- Stair lifts
- Stair Climbing Wheelchair
- Others
- Latin America 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 continent-level data and insights on the Latin America Stair Lifts And Climbing Devices Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Stair Lifts And Climbing Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Stair Lifts And Climbing Devices Market, 2018-2030 (US$M)
Latin America stair lifts and climbing devices market statistics, by devices, 2018-2030 (US$M)
