The Stair Lifts Market To Witness Growth On Multiple Notes In The Next Decade

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The Stair Lifts Market To Witness Growth On
Multiple Notes In The Next Decade
Report Id PMRREP5621 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• Over the last decade, stair lifts have witnessed
  a substantial surge in demand in the U.S and
  Japan market. This demand is mainly driven by a
  growing geriatric population. Market players lay
  emphasis on increasing their product offerings
  and providing innovative products to achieve
  competitive edge, specifically over other local
  players.
• On the basis of region, North America leads the
  global market with over US 420 Mn market revenue
  expected by the end of 2025, growing at a CAGR of
  7.3 during the forecast period. Europe is also
  expected to emerge as an attractive region during
  the forecast period.
• In terms of rail type, curved stair lifts is
  projected to have the largest market share by the
  end of 2025, whereas straight stair lifts is
  expected to be the fastest growing segment with a
  growth rate of 7.5 during the forecast period.

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