Stair Lifts And Climbing Devices Market Is Likely To Up Demand At USD 3.4 Billion By 2028
San Francisco, 2 March 2022: The Report Stair Lifts And Climbing Devices Market Size, Share & Trends Analysis Report By Device (Stair Lifts, Stair Climbing Wheelchairs), By End Use (Hospitals, Homecare), By Region, And Segment Forecasts, 2021 - 2028 The global stair lifts and climbing devices market size is expected to reach USD 3.4 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.9% from 2021 to 2028. The factors driving the market include the rising geriatric population and technological innovations. More than 350 million people worldwide suffer from some kind of arthritis. According to the United Nations, individuals over the age of 60 will account for more than 20% of the world's population by 2050. Due to the increased life expectancy and the increasing level of obesity, osteoarthritis is forecasted to become the 4th leading cause of global disability by 2020. The increasing integr...