Forecasts for 2014-2022 indicate the scooter market is 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. Many baby boomers have significant resources available for them for leisure travel, but require assistance to travel the long distances between areas of interest. Much of the growth in the scooter market is based on increased sales in travel destinations which are available either free of charge, or for a small rental fee to attract older visitors.
Homecare Medical Equipment Markets are poised to achieve continuing growth as the aging population needs homecare treatment. 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.
The scooter market is expected to grow to $332 million by 2022.