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The Wheelchair & Scooter Market is Expected to Grow to $5.3 billion by 2012
The Wheelchair & Scooter Market is Expected to Grow to $5.3 billion by 2012
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c47080) has announced the addition of Worldwide Power Wheelchair, Scooter, and All Terrain Vehicle Market Opportunities, Strategies, and Forecasts, 2006 to 2012 to their offering. Worldwide power wheelchair and scooter all terrain and regular personal vehicle markets have shifted dramatically in the last year. Vehicles are useful as personal vehicles in controlled settings, going beyond medical necessity to personal transport. Most vehicles are paid for by Medicare or private insurance as users are usually not as mobile as they wished. There is a small proportion of the market that is not paid for by public or private insurance. Scooter and power wheelchair vehicles are used in shopping settings, airports, in gated communities, and for local transport. Scooters and power wheelchairs are evolving a market presence that goes beyond handicapped transport to personal transport. Forecasts for 2006-2012 indicate the start of fuel cell personal vehicles and electric vehicles with longer lasting travel capability. There is a measurable sub segment of the market that addresses all terrain vehicles. Power wheelchair and scooter 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. Power wheelchair, scooter, and all terrain market forecasts indicate strong growth based on new technology and demand from people wanting a vehicle in between a heavy expensive to drive car and a manual wheelchair. Wheelchair and scooter markets at $1.7 billion in 2005 are expected to grow to $5.3 billion by 2012. Power wheelchairs and scooters provide mobility and move the healthcare delivery system toward the lower cost homecare. Topics Covered Worldwide Power Wheelchair and Scooter Executive Summary 1. Power Wheelchair, Scooter, and Personal Vehicle Market Dynamics and Market Description 2. Power Wheelchair, Medical Scooter, and Personal Vehicle Market Shares and Market Forecasts 3. Medical Scooter and Power Wheelchair Product Description 4. Power Wheelchair and Scooter Technology 5. Personal Vehicle Wheelchair and Scooter Company Profiles 6. DME Providers Power Wheelchair, Scooter, and Personal Vehicle Market Distribution and Market Participation List of Tables and Figures Companies Mentioned Invacare Suzuki Amigo Mobility Convaid Convaquip Drive Medical Eagle Sportschairs Gendron Inc. Glide Rehabilitation Products Graham-Field Gunnell Hoveround Vestil Manufacturing/Innovation In Motion Magic Mobility Melrose Kiwi Concept Chairs Merits Product Design Group Permobil Piaggio Pride Mobility RGK Shoprider Mobility Products Soleus Mobility Sunrise Medical Yamaha Motor Wheelcare Power Mobilizers For more information visit http://www.researchandmarkets.com/reports/c47080 Contacts Research and Markets Laura Wood Fax: +353 1 4100 980 press@researchandmarkets.com http://home.businesswire.com/portal/...51&newsLang=en |
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