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November, 2018: Adroit Research launched a study titled, “Global Stairlift Market Size 2016 By Product (Straight Stairlifts and Curved Stairlifts), By Application (Residential, Medicare Areas and Public Places), By Region and Forecast 2017 to 2022”.
The global stairlift market report also includes qualitative insights of the market such as porters five forces analysis, marketing strategy analysis and profiles of leading global manufacturers.Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/10The global stairlift market size is estimated to reach USD 969.5 million over the forecast period.
Developing countries such as India, China, Mexico, Brazil, and South Africa are witnessing a strong demand for Installation of stairlifts due to awareness and updated policies covered under medical insurance.Stairlifts, including chair stairlifts and perching stairlifts, have huge demand in residences and are not apposite in public infrastructures.
These type of stairlifts are designed for residential purpose, where they can be structured to meet an individual’s needs and where a person with physical disability can independently move upstairs and downstairs.Stairlifts are equipped with buttons/joysticks to simplify the overall operation.
In such locations, they should not obstruct the acclaimed clear width of the stairs or route for any emergency exit.Concerns associated with potential risk of injury due to inappropriate installation and faulty mechanism, Negative feedbacks from customers about post sale services and high prices are some of the major challenges that are restraining the global stairlift market from growing.Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/stairlift-marketStraight stairlifts segment accounted for more than half share of the global market in 2016.
Moreover, the stairlift market size in China is witness a strong growth due to rapid inclination towards technology innovations, growing geriatric population and demand for multi-functional and cost effective medical devices.The global stairlift market industry is highly competitive and fragmented with the presence of many manufacturers leading their positions in domestic market.