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: http://www.researchmoz.com/power-wheelchair-market-shares-strategies-and-forecasts-worldwide-2012-to-2018-report.html
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.
Latest Reports by Winter Green Research
Collaboration Productivity Applications Market
Utility Grade Wind Turbine Market
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
Browse All Winter Green Research Reports & Industry Analysis
Latest Reports by Winter Green Research
Concentrating Solar Power Systems Market
Crystalline Solar Photovoltaics PV Panel Systems Market
Power Assist Wheelchair Market
Enterprise Streaming Media Market
About Us
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-997-4948
Email: sales@researchmoz.com
http://www.researchmoz.com/
http://www.marketresearchreportsblog.com/
http://www.researchmoz.com/niche-market.html
Share this article