October 05, 2006 01:05 PM Eastern Time
Wheelchair and Scooter Markets at $3.2 Billion in 2005 Are Expected To Grow To $7.4 Billion By 2012
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c43174) has announced the addition of “Wheelchair Market Description, Market Analysis, Product Description, and Company Profiles, 2006 to 2012” to their offering.

Home delivery programs to HME providers through drop-ships are evolving in the market. ISG markets a home delivery program to HME providers through which ISG drop-ships supplies in the provider's name to the customer's address. Providers have no products to stock, no minimum order requirements and delivery is made within 24 to 48 hours nationwide.

As Wal-Mart brings DME dealers into the stores, there will be continuing demand for mobility products from the customers. The current DME networks will sell lift devices that let people load chairs to and from cars.

Folding wheelchairs facilitate personal mobility for disabled people. Even regular people may begin to wish to extend personal mobility using wheeled devices that work in short range campus environments. Wheelchair vendors seek to maintain low cost, high quality supply chains.

Companies seek to achieve this objective through a strategic combination of enterprise manufacturing facilities, contract manufacturing facilities, and key suppliers. The operational strategy supports the marketing strategy with assets that are fast, flexible providers of new and modified products that respond to the demands of the market.

The supply chain is focused on providing custom, configured, made-to-order products from facilities close to the customers in each of its major markets. As strategic choices are made on locations globally, those facilities that remain in higher cost regions of North America and Europe very focused factories that provide specific competitive advantage to the marketing and sales teams.

Companies have refined cost reduction plans and initiated outsourcing in the first half of 2005 for global manufacturing and implemented international distribution strategies. These are long tem initiatives with some companies that have completion targeted for 2008. These actions are anticipated to generate savings. Companies expect global reductions positions and exiting a number of manufacturing operations worldwide.

Wheelchair markets are expected to grow as the baby boomers age. The aging of the population is expected to change markets. Older people need more support for continued mobility through disability. Rehabilitation becomes more prevalent.

The ability to get reimbursement has been a significant market factor. As baby boomers age and need wheelchairs, they will be willing to pay directly for mobility and comfort as they do for homes and cars now. This trend will assure market growth worldwide.

Wheelchair and scooter markets at $3.2 billion in 2005 are expected to grow to $7.4 billion by 2012. Wheelchairs and scooters provide mobility and move the healthcare delivery system toward the lower cost homecare.

Methodology:

This is the 287th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.

Key Topics Covered Include:

- Wheelchair Low Cost, Highest Quality Supply Chain Invacare Shift To Product Manufacturing

- Asian Sourcing

- Specific Types Of Home Medical Equipment

- Service Referral Network

- Invacare AT'M Quick Transport Light-Weight Chair

- Price-Cutting Programs

- Reimbursement Drives Healthcare Equipment Industry - Wheelchair Market Shares

- Wheelchair Market Forecasts

- Wheelchair And Scooter Market Forecasts

Companies Mentioned Include:

- Convaid Incorporated

- Electric Mobility

- Garaventa Canada

- Gillespie Corporation

- Graham-Field Health Products (Everest&Jennings) (LaBac Systems)

- Inclinator Company of America

- Ingersoll-Rand Company(Club Car)

- InvacareCorporation(MotionConcepts)

- Johnson&Johnson

- KurtManufacturingCompany (Theradyne Healthcare Products)

- Leisure-Lift National Wheel-O-Vator Company

- Palmer Industries

- Permobil AB

- Pride Mobility Products

- Savaria Corporation

- Scooter Store

- Segway LLC

- Sunrise Medical

- Taylor-Dunn Manufacturing Company (United Tractor) (Tiger Manufacturing) -

- Teftec Corporation

- Textron Incorporated

- ThyssenKrupp AG (Access Industries)

- Toro Company

- 21st Century Scientific

- Yamaha Motor Company

For more information visit http://www.researchandmarkets.com/reports/c43174

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