A new report by Arizton predicts that the global wheelchair lift market will generate revenues of around $2.6 billion by 2023, growing at a CAGR of approximately 10% during the forecast period. This market report offers analysis on market size and forecast, market share, industry trends, growth drivers and vendor analysis.
Wheelchair lifts are platform lifts that lift a wheelchair along with its occupant to overcome a step or similar vertical barrier. A wheelchair or scooter user can simply roll onto the platform of the device and easily access raised porches, decks and other elevated areas in residential and commercial settings. Wheelchair lifts in New Jersey have improved the quality of life of milions of people with mobility concerns.