Uae Stair Lifts And Climbing Devices Market Size & Outlook
The stair lifts and climbing devices market in the UAE is expected to reach a projected revenue of US$ 19.9 million by 2030. A compound annual growth rate of 8% is expected of the UAE stair lifts and climbing devices market from 2024 to 2030.
UAE stair lifts and climbing devices market highlights
The UAE stair lifts and climbing devices market generated a revenue of USD 11.6 million in 2023 and is expected to reach USD 19.9 million by 2030.
The UAE market is expected to grow at a CAGR of 8% 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.
Stair lifts and climbing devices market data book summary
Market revenue in 2023
USD 11.6 million
Market revenue in 2030
USD 19.9 million
Growth rate
8% (CAGR from 2023 to 2030)
Largest segment
Stair lifts
Fastest growing segment
Stair Climbing Wheelchair
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, UAE accounted for 0.6% 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 Middle East & Africa, Saudi Arabia stair lifts and climbing devices market is projected to lead the regional market in terms of revenue in 2030.
Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 19.2 million by 2030.
By 2050, individuals aged 15 and under will account for 12% of the country's population, while those aged 65 and above will account for 16%. Diabetes prevalence is growing with rapidly aging population, with the most current figures indicating 1.1 million individuals living with the illness and an estimated 387,200 undiagnosed cases.
Arthritis affects more than 50 million individuals worldwide, including one out of every five persons in the UAE. While there are no UAE-specific figures, data from the Gulf area shows that it affects 20% of the population.
UAE 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 57.76% in 2023.
Horizon Databook has segmented the Uae 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.
By 2050, individuals aged 15 and under will account for 12% of the country's population, while those aged 65 and above will account for 16%. Diabetes prevalence is growing with rapidly aging population, with the most current figures indicating 1.1 million individuals living with the illness and an estimated 387,200 undiagnosed cases.
Arthritis affects more than 50 million individuals worldwide, including one out of every five persons in the UAE. While there are no UAE-specific figures, data from the Gulf area shows that it affects 20% of the population.
Uae Stair Lifts And Climbing Devices Market Devices Outlook (Revenue, USD Million , 2018-2030)
Stair lifts
Stair Climbing Wheelchair
Others
Uae 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 UAE Stair Lifts And Climbing Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into UAE Stair Lifts And Climbing Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Uae Stair Lifts And Climbing Devices Market, 2018-2030 (US$M)