Friday, June 10, 2005

Stair Lift Sales Statistics

Taken from an article by Thiis (The Homecare Industry Information Service)

The current size of the global stair lift industry is said to be around 100,000 units, worth around £130m at dealer prices, according to research. Broken down this amounts to 62,000 straight lifts and 38,000 curved lifts, with the largest market being in the UK where approximately 36,000 new lifts are sold each year.

Not surprisingly, given the public sector funding available, the UK and Netherlands have the highest ratio of stair lifts for every over 65 person in the population.

However, the general consensus is that other markets may now grow rapidly. For example, the North American market is forecast to grow by around 10% per annum. The US Census Bureau predicts that by 2030, the percentage of the US population over the age of 65 will have risen to around 19%, compared to 13% today. Other factors pointing towards potential growth in North America is the increasing market awareness of stair lifts, more disposable income available to the over 65's and the quality of products and expertise available locally.