Title: U.s. stair lift market
1U.S. Stair Lift MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- US Stair Lift Market size was valued
230.5million in 2019, estimated to grow at a
CAGR of 4.5 during 2020-2025. The rising
geriatric population especially including aged
people having difficulty while climbing on the
stairs and the growing home aesthetics are the
most significant factors that are driving the US
stair lift market. - Furthermore, stair lifts provides the ability to
be installed on any type of staircase, and are
also added with optional features such as curved
stair lift, straight stair lift and so on. These
features thus meet the needs of the people making
the adoption easy which will further lead to
propel the US Stair Lift market growth during the
forecast period.
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Key Takeaways The increasing demand for curved
stair lift among the elderly population in the US
is highly enhancing the stair lift market The
growing use of e-commerce platforms and the
changing customers behavior towards online
shopping are also making the trade of stair lifts
more economical which is further fuelling the
growth of the US stair lift market. Moreover,
the adoption of 3D imaging and virtual reality
has also become the key factors that are
significantly driving the US stair lift
market. The high cost of installation and the
increasing requirement of electricity in order to
run the stair lifts are the major disadvantages
that are hindering the growth of the market.
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By Distribution Channel- Segment Analysis Curved
stair lift segment held the largest share in the
US stair lift market in 2019. The curved stair
lifts are specifically designed to suit different
types of staircases having turns or are in spiral
form. This type of stair lift are widely used by
the elderly as it does not require any extra
support to handle. Also, in 2019 Platinum
Stairlift has launched curved stair lifts in
order to address the growing demand for stair
lift among the geriatric population. Thus, the
growing demand for curved stair lift in the US
will further fuel the growth of the stair lift
market.
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- U.S. Stair Lift Market Industry Outlook
- Acorn Stairlifts Inc.
- Bruno Independent Living Aids
- Harmar
- Kumalift Co. Ltd.
- Otolift
- Savaria Corp.
- MediTek
- Platinum Stair lifts
- ThyssenKrupp AG
- Handicare
- Stannah Lifts Holding Ltd
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U.S. Stair Lift Market Forecast (2021 -
2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/1858
7/us-stair-lift-market.html
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