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 study covers the global stairlift market value for a period ranging in between 2014 to 2022, where 2014 to 2016 imply the historical value with forecast between 2017 and 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.
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The global stairlift market size is estimated to reach USD 969.5 million over the forecast period. As a result of increasing awareness among consumers about mobility access offered by medical devices. 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. The global stairlift market demand is growing as geriatric population and physically challenged people can easily access the equipment. Intermittently, they may be used in situations such as a service location where they are provided for use by physically disabled individuals. 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.
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Straight stairlifts segment accounted for more than half share of the global market in 2016. This types of stairlift have been gaining popularity among consumers especially in developed countries from Europe and North America. Straight stairlift is a mobile chair-like transportation device especially designed to be attached to the straight stairways. Straight stairlifts improves access between floors in homes and provides easy access to numerous people with mobility problems. Straight stairlifts have widespread demand compared to other types of stairlifts in private apartments having straight stairs and/ or straight rail (track).
North America held the highest share of stairlift market in 2016 and is anticipated to maintain its dominance over the forecast period as a result of robust insurance policies and awareness. Asia Pacific is projected to be the fastest growing market on account of increasing consumer disposable income, rising consumer demand, changing lifestyles of consumers and rising health awareness. 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. For instance, to sustain in this industry Thyssenkrupp Elevator Technology started offering lifetime warranty for its stairlift products from 1st October, 2018. The major players analysed in the market are Harmar Mobility, LLC, Platinum Stairlifts, Bruno Independent Living Aids, Inc., Otolift, Stannah Lifts Holdings Ltd., ThyssenKrupp Accessibility BV, Acorn Stairlifts Inc., MediTek Stairlifts, Handicare Stairlifts B.V., Savaria Corporation, Sugiyasu Ltd., 101 Mobility, LLC and Extended Home Living Services (EHLS).
Key segments of the global stairlift market
Product Overview, 2014-2022 (USD Million)
Straight Stairlifts
Curved Stairlifts
Application Overview, 2014-2022 (USD Million)
Residential
Medicare Areas
Public Places
Regional Overview, 2014-2022 (USD Million)
North America
US
Canada
Europe
Germany
United Kingdom
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Korea
South East Asia
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Key players analysed
- Harmar Mobility, LLC.
- Platinum Stairlifts
- Bruno Independent Living Aids, Inc.
- Otolift
- Stannah Lifts Holdings Ltd.
- ThyssenKrupp Accessibility BV
- Acorn Stairlifts Inc.
- MediTek Stairlifts
- Handicare Stairlifts B.V.
- Savaria Corporation
- Sugiyasu Ltd.,
- 101 Mobility, LLC.
- Extended Home Living Services (EHLS)
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Latest Research Report on “Sports Medicine Products Market” Added by Analytical Research Cognizance which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis
This report studies the global market size of Sports Medicine Products Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sports Medicine Products in these regions.
This report also studies the global Sports Medicine Products market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
According to distribution channel, the market for athleisure has been divided into store-based and non-store-based.
The store-based segment which is expected to dominate the athleisure market mainly because of the advantage of touch and feel, which is not the case with online retail.
However, online retail for the industry is expected to outplay brick and mortar retail in the coming years due to competitive pricing and buying convenience.The Athleisure Market is on the rise due increasing involvement of developing nations into sports and fitness activities.
Athleisure includes apparels such as sneaker, joggers, leggings, hoodies, and many more.
Many companies used high-end performance enhancing materials for their making while the many apparels are not defined in their athletic performance enhancing abilities.Under Armour, Inc. (US), Lululemon Athletica (Canada), Adidas AG (Germany), Nike, Inc. (US), H (Switzerland), Eysom (US), Outdoorvoices (US), Ten Thousand, Inc. (US), Isaora (US), Human Performance Engineering (UK).Get a Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/7412The Global Athleisure Market has been segmented based on apparel type, end-use, distribution channel, and region.By apparel type the market is segmented into sneakers, yoga pants, shorts, sports bras, leggings, tights & joggers, sports jackets, and others.By end-use the market is segmented into men and women.The global athleisure market has been classified based on distribution channel into store-based and non-store-based.The global athleisure market has been regionally segmented into North America, Europe, Asia-Pacific, and Rest of the World.Access Full Report @ https://www.marketresearchfuture.com/reports/athleisure-market-7412North America is expected to dominate due to higher product awareness and high demand of smart sports apparels and activewear in the region.
However, market for Asia-Pacific is expected to propel with the fastest growth rate during the forecast period.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
