Leading Stair Lifts and Climbing Devices Country 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. Asia-Pacific is expected to be the highest contributor to this market, with $486.2 Million in 2020, and is anticipated to reach $906.5 Million by 2029, registering a CAGR of 7.21%. Asia-Pacific and North America collectively expected to account for about 67.7% share of the Stair Lifts and Climbing Devices market in 2020, with the former constituting around 37.4% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 7.21% and 4.09% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.1% in the overall Stair Lifts and Climbing Devices market in 2020, and is anticipated to reach 67.5% by 2029.
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