Aarkstore - Power Wheelchair Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
WinterGreen Research announces that it has a new study
on power wheelchairs. 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.
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 reimbursement availability.
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 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.
WinterGreen Research is an independent research organization funded by the sale
of market research studies all over the world and by the implementation of ROI
models that are used to calculate the total cost of ownership of equipment,
services, and software. The company has 35 distributors worldwide, including
Global Information Info Shop, Market Research.com, Research and Markets,
Bloomberg, and Thompson Financial.
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