| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 1.13 Billion |
| Market Size (2030) | USD 1.43 Billion |
| CAGR (2025 - 2030) | 4.73 % |
| Fastest Growing Market | North America |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Stair Lift Market Analysis
The Stair Lift Market size is estimated at USD 1.13 billion in 2025, and is expected to reach USD 1.43 billion by 2030, at a CAGR of 4.73% during the forecast period (2025-2030).
The factors such as the aging population, accompanied by challenges such as mobility, and safety, have been driving the stairlift market's growth in the past few years.
- According to the report published by World population prospects in 2022, The global population share of people aged 65 years or above is projected to increase from 10% in 2022 to 16% in 2050, which means people aged 65 years or over worldwide are projected to be twice more than the number of children under age five and about the same as the number of children under age 12 by 2050. So, this age group is more likely to have issues with mobility and would require assistance.
- Also, the World Health Organization (WHO) in 2022, an estimated 1.3 billion people - about 16% of the global population - currently experience significant disability. Around 75 million people rely on a wheelchair for their daily commute. These instances limit the disabled population's access to services such as healthcare centers, work, and educational institutions while increasing their dependency.
- Further, one of the primary drivers for the demand for stairlifts by elderly and disabled people living in healthcare facilities remains their inability to move safely, as professional caregivers cannot be expected to be available around the clock. Furthermore, added cost expense in hiring caregivers is beyond the financial reach of many seniors. This instance drives the growth of the market in non-residential sectors.
- Vendors in the market are leveraging technological advancements to help the disabled and aged population lead self-reliant lives. There has been an increase in the launch of modern aids like stairlift with integrated wheelchair support and curved stairlift that works into any custom stairway structure, among others. A few players in the market have also reported profit gains for the same.
- Moreover, amidst the COVID-19 pandemic, the end-user are likely be unable to spend many upfront costs on stairlifts. Global vendors such as the Handicare group are taking several measures to adapt to the situation by making necessary adjustments such as substantial cost reduction and decreased production capacity.
Stair Lift Market Trends
Residential facilities is expected to s Segment to Hold Major Market Share
- The residential segment is expected to maintain a significant market share, majorly owing to the preeminence of the elderly population towards products that would allow them to remain self-sustaining in their houses. Also, the flexibility of stairlifts installed on almost any staircase elevates the market's growth.
- There is considerable demand for the seated stairlift within the residential segment major due to its cost-effectiveness as compared to stand stairlift counterpart and end-users growing musculoskeletal problems such as Osteoarthritis, Knee Problems, among others. For instance, according to the World Health Organization, approximately 1.71 billion people have musculoskeletal conditions worldwide, around 21% of the global population. Therefore it is thereby leveraging the growth of the market.
- Moreover, the WHO categorizes Osteoarthritis as one of the ten most disabling chronic diseases in developed countries. It is a degenerative joint disease associated with aging that affects joints, including knees, hips, fingers, and low spine continually stressed throughout the years. It estimates that worldwide, 9.6% of men and 18% of women over 60 years suffer from symptomatic Osteoarthritis, with 80% of the patients having limitations in movement and 25% unable to perform daily life activities.
- Further CDC suggests that the aging of the US population and the prevalence of doctor-diagnosed arthritis is predicted to rise in the forthcoming years. It is also estimated that by 2040, over 78.4 million adults aged 18 years and older will be diagnosed with arthritis, and 34.6 million adults will report activity limitations. A similar trend is expected to be followed by other developed nations worldwide.
- As with the recent outbreak of global pandemic COVID 19 and government bodies demanding people for self-isolation at their residence with particular emphasis on the elderly population due to critically of the virus on the aging population. Also, with medical facilities running out of infrastructure to accommodate the victims of the virus further elevates the demand for home accessibility solutions such as stairlift.
- Furthermore, Vendors in the market, such as Merits Heal, and Harmar post covid situation, are encountering demand for esthetically engaging design stairlifts that fit in end-users decor. However, the lack of funding through Medicare and insurance policies is expected to hinder the market's growth.
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Europe to Hold Major Market Share
- The European region holds a considerable market share owing to factors such as the increase in the population's average age, government bodies' concern towards the issues faced by the elderly, and the impaired mobility population. Additionally, the region also has the presence of organizations such as EPSA that ensure the products meet the user's requirements and regulations.
- In 2022, the French Government announced its plan for the "Ma Prime Adapt" government scheme, where "Ma Prime Adapt" strives to make it easier for older people or those with disabilities to renovate their homes to maintain their freedom and avoid falls by installing a stair lift or widening a doorframe to allow wheelchair access.
- In July 2022, with an investment of over GBP 6 million (~USD 7.23 million), Platinum Stairlifts began operating from its new West Yorkshire manufacturing facility. Foundry Park is a purpose-built 58,000 sq ft building located in the district on Dalton Lane, which has the potential to double manufacturing output. The company currently supplies over 10,000 stairlifts a year to a network of partners across the UK, Europe, North America, and Australia. But the launch of the new site will pave the way for greater expansion.
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Stair Lift Industry Overview
The Stair Lift market is moderately fragmented, with major vendors including ThyssenKrupp Elevator Technology, Handicare Group, and Stannah Lifts Holdings Ltd. The vendors are enhancing the product line by leveraging strategic collaborative initiatives and acquisitions as a competitive advantage to expand their customer base further and gain market share.
- March 2022 - Mobility Stairlifts announced the launch of stairlift removal services across the UK. According to the company, the expert technicians of the organization can remove stairlifts by brands such as Stannah, Thyssen Krupp, Acorn, and Brooks, provided they are under five years old. In addition, the company stated that the experienced technicians arrive at the site to remove straight and curved stairlifts and take less than 60 minutes to minimize the inconvenience to the residents through this service.
Stair Lift Market Leaders
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ThyssenKrupp Elevator Technology
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Handicare Group
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Bruno Independent Living Aids
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Stannah Lifts Holdings Ltd
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Acorn Stairlifts
- *Disclaimer: Major Players sorted in no particular order
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Stair Lift Market News
- October 2022 - Leaf Home and Leaf Home Safety Solutions announced to provide and install one of its industry-leading stair lifts for a deserving veteran in the communities of each of its 21 locations across the US through its second annual Veterans Day Stair Lift Giveaway.
- June 2022 - TK Elevator announced a global strategic collaboration with Infosys. The global seven-year partnership extends the successful modernization of TK Elevator's IT infrastructure in Europe and Africa. In this partnership, Infosys will provide AI-powered IT helpdesk services, Digital workplace management, and Network services powered by Infosys Cobalt-driven automation framework to humanize TK Elevator's workplace experience by building a resilient enterprise and digitally transforming its IT infrastructure. Moreover, through this collaboration, Infosys has aimed to strengthen cybersecurity and improve the digital experience for TK Elevator's end users.
Stair Lift Industry Segmentation
A stair lift is a mechanical device used for lifting people, typically those with disabilities or old age people, up and down stairs. It provides comfort and can revive liberty for those who discontinued using the stairs. All stairlifts contain a simple controller that controls their motion. The lift travels up or down the stairway when the rider presses and holds the switch. The chair beeps once and stops automatically when the stairlift arrives at the end of the path. If one releases the control at any point along the way, the lift will start beeping and stop immediately. The Stair Lift Market is Segmented by Rail Orientation ( Straight, Curved), User Orientation (Seated, Standing, and Integrated), Installation (Indoor, Outdoor), Application (Residential, Healthcare, Government, Leisure & Entertainment), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| Rail Orientation | Straight |
| Curved | |
| User Orientation | Seated |
| Standing | |
| Integrated | |
| Installation | Indoor |
| Outdoor | |
| Application | Residential |
| Healthcare | |
| Government | |
| Leisure & Entertainment | |
| Geography | North America |
| Europe | |
| Asia Pacific | |
| South America | |
| Middle East |
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Stair Lift Market Research FAQs
How big is the Stair Lift Market?
The Stair Lift Market size is expected to reach USD 1.13 billion in 2025 and grow at a CAGR of 4.73% to reach USD 1.43 billion by 2030.
What is the current Stair Lift Market size?
In 2025, the Stair Lift Market size is expected to reach USD 1.13 billion.
Who are the key players in Stair Lift Market?
ThyssenKrupp Elevator Technology, Handicare Group, Bruno Independent Living Aids, Stannah Lifts Holdings Ltd and Acorn Stairlifts are the major companies operating in the Stair Lift Market.
Which is the fastest growing region in Stair Lift Market?
North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Stair Lift Market?
In 2025, the Europe accounts for the largest market share in Stair Lift Market.
What years does this Stair Lift Market cover, and what was the market size in 2024?
In 2024, the Stair Lift Market size was estimated at USD 1.08 billion. The report covers the Stair Lift Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Stair Lift Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Stair Lift Industry Report
Statistics for the 2025 Stair Lift market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Stair Lift analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
