ResearchMoz: Global Power Wheelchairs Market Will Reach $3.9 Billion by 2018 – Market Research Report
ALBANY, New York, June 18, 2012 /PRNewswire/ –
New Report Added in ResearchMoz Reports Database Power Wheelchair Market Shares,
Strategies, and Forecasts, Worldwide, 2012 to 2018
The 2012 study has 467 pages, 143 tables and figures. Worldwide markets are poised to
achieve remarkable growth as the populations age all over the world, as technology and
manufacturing efficiency bring down the unit costs, and as older people are more affluent
and can afford better power wheelchairs.
To Browse Full TOC, Tables & Figures visit:
According to Susan Eustis, lead author of the study, “Reimbursement drives power
wheelchair markets.” As people and governments pay for medical insurance more money is
available for medical treatment and equipment.
The government provides people over age 65 with medical insurance in the US. In many
parts of the developed world, there is complete medical coverage provided by the
government, though working people tend to supplement government coverage with medical
insurance. Power wheelchair users may be eligible to receive a power chair at little to no
cost. Vendors research the qualifications and negotiate the payments for many potential
power wheelchair users.
As the population ages, people are more frail and need assistance for mobility.
Hospital and homecare wheelchair technology is evolving to give people with disabilities
more mobility. Mobility depends on a wheelchair that is fit to purpose. Are people going
to move themselves? Are they going to be inside or outside? Is the wheelchair used for
traveling by car? Many issues impact the choice of a wheelchair, including cost and
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Power wheelchair markets are poised to create the ability for people to get more
exercise and impact the healthcare delivery industry. By encouraging mobility of people
who were previously bed ridden, the quality of life rises significantly. Wheelchairs
[http://www.researchmoz.com/wheelchair-market.htm ] impact care delivery, permitting the
patient to control mobility for the rehabilitation efforts. Power wheel chairs give
patients the ability to control movement.
Transport power wheelchairs are used for permitting patients to go from home by auto
to another place. Patients and family gain more control over care delivery with the
availability of rehabilitation and travel with power transport wheelchairs. Care can be
delivered in familiar settings.
Power wheelchair markets at $1.1 billion in 2011 are anticipated to reach $3.9 billion
in 2018. Market growth comes in large part from demand for mobility from people who might
otherwise be bedridden.
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