Power Wheelchairs Market and Personal Mobility Worth $2.4B in 2022

May 25, 2016, 04:00 ET from RnR Market Research

PUNE, India, May 25, 2016 /PRNewswire/ --

Worldwide Power Wheelchairs and Personal Mobility markets are poised to achieve significant growth with power wheelchair markets anticipated to reach $2.4 billion in 2022. This growth comes in large part from demand for mobility from people who might otherwise be bedridden. The aging of the population is creating a growing pool of people that need power wheelchairs.

Complete report on power wheelchairs and personal mobility market spread across 627 pages providing competitive analysis of 6 companies, 350 data tables and figures is now available at http://www.rnrmarketresearch.com/power-wheelchairs-and-personal-mobility-market-shares-strategies-and-forecasts-worldwide-2016-to-2022-market-report.html.

The technical expertise of the sales force, the effectiveness of the distribution system, the strength of the dealers, and the availability of prompt and reliable service for products are issues that need to be addressed to achieve competitive advantage. Invacare leads the market. The power wheelchair mobile platform is modular, integrating various components. Modular systems are developed in the context of consideration of probable specifications for the interaction of system components. Power wheelchairs are used to make people who have difficulty walking independently mobile.

Vendors provide power wheelchairs that are used in indoor and outdoor environments. Designs take into consideration users with mild, moderate, and severe mobility restrictions. Users come from both the disabled and older age groups.

Reimbursement drives power wheelchair markets: As people and governments pay for medical insurance more money is available for medical treatment and equipment. Reimbursement pressures persist in the U.S. market. Some customers are beginning to directly source select lifestyle products to secure a low-cost advantage. Increasing market share has been achieved by providing value to the customers. Suspension systems, skin protection, quality, performance, durability, and clinical benefits are issues for patients.

Invacare leads the market: 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. 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.

Companies Profiled: Invacare, Pride, Permobil, Meyra, Sunrise / Handicare, Drive, 21ST Century Scientific, ADI, Aquila Corporation, Aspen Seating, Llc / Ride Designs, C.T.M. Homecare Product, Inc., Dane Technologies / Levo AG, Drive Medical, Eagle, EASE Seating System, Graham Field, Graham-Field / Everest & Jennings, GeckoSystems International, Golden Technologies, HeartWay, Hoveround, Innovation In Motion, Karma Wheelchairs, Karman, Linix, Medline, Merits, Medort Group / Meyra, Levo, Nissin / Colours, Permobil / Roho, Otto Bock, Revolution Mobility, Shoprider, TiLite, Whill and Whirlwind Wheelchair International. Order a copy of this power wheelchairs market and personal mobility report at http://www.rnrmarketresearch.com/contacts/purchase?rname=581853.

Another related report is Wheelchair Medical Equipment Markets Market Share Analysis: Market Shares, Analysis, and Index, Bundle, Worldwide, 2006 to Current, Quarterly. The homecare equipment market consists primarily of wheelchairs, scooters, oxygen treatment equipment, accessibility beds, lifts, and toilets. Homecare medical equipment has until recently been sold primarily through distributers. The impact of direct sales through the Internet has brought about some distribution market consolidation, leading to a decrease of in the number of distributers for homecare equipment. Complete report available at http://www.rnrmarketresearch.com/wheelchair-medical-equipment-markets-market-share-analysis-market-shares-analysis-and-index-bundle-worldwide-2006-to-current-quarterly-market-report.html.

Explore other reports on durable medical equipment market at http://www.rnrmarketresearch.com/reports/life-sciences/medical-devices/durable-medical-equipment.

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