A stairlift is a mechanical device for lifting people up and down stairs. For sufficiently wide stairs, a rail is mounted to the treads of the stairs. A chair or lifting platform is attached to the rail. A person on the chair or platform is lifted as the chair moves along the rail.
Due to COVID-19 pandemic, the global Stairlift market size is estimated to be worth US$ 1072.3 million in 2021 and is forecast to a readjusted size of USD 1842.3 million by 2028 with a CAGR of 8.