Global Stair Lifts Business Report 2024-2030: Technology And Design Innovations Vital To Sustained Market Growth menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
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After Passing Over of the COVID-19 Storm What s Next in Healthcare Focus? An Aging World & Mobility for the Elderly & Disabled.
The global market for Stair Lifts is projected to reach US$1.3 billion by the year 2027, trailing a post COVID-19 CAGR of 5% over the analysis period 2020 through 2027.
World s population is rapidly aging supported by the increase in longevity as modern medicine becomes increasingly effective in preventing chronic disease, and reducing mortality. Also, easy access to age-friendly primary healthcare and growing sophistication of healthcare infrastructure play key roles in longevity.
For the first time in human the percentage of older people in the total population is continuing to increase. In addition to the aforementioned increase in life expectancy, falling fertility rates are accelerating the trend. The aging population creates massive challenges for the healthcare system.