Leading Stair Lifts and Climbing Devices End Use Markets Databank
The Stair Lifts and Climbing Devices market was valued at $1,300.0 Million in 2020, and is projected to reach $2,079.3 Million by 2029 growing at a CAGR of 5.41% from 2021 to 2029. Homecare segment is expected to be the highest contributor to this market, with $832.4 Million in 2020, and is anticipated to reach $1,331.5 Million by 2029, registering a CAGR of 5.41%. Homecare and Hospitals segments collectively expected to account for about 92.4% share of the Stair Lifts and Climbing Devices market in 2020, with the former constituting around 64.0% share. Homecare and Hospitals segments are expected to witness significant growth rates at a CAGR of 5.41% and 5.35% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 92.4% in the overall Stair Lifts and Climbing Devices market in 2020, and is anticipated to reach 92.3% by 2029.
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