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Wheelchair Market Opportunities, Strategies, and Forecasts, 2004 to 2009
WinterGreen Research, Inc., Oct 2004, Pages: 172
Hospital and homecare wheelchair technology is evolving to give people with disabilities more mobility. 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.
Wheelchairs impact care delivery, permitting moving from the bed and facilitating exercise. Patients and family gain more control over the care delivery. Care can be delivered in familiar settings.
The wheelchair market participants seek to position with chairs that are in growing market segments. Leading vendors offer a wide range of products, services, training, and support. Homecare agencies depend on reimbursement to sell custom units. The designs of wheelchairs are making them intuitive to use. This represents major market opportunity.
Portable wheelchair choices relate to portable wheelchair concentrators, liquid wheelchair, or compressed gas cylinders. Portable wheelchair concentrators need a battery or to be plugged in. They are poised to become the system of choice as fuel cell power becomes more available.
Wheelchairs are able to change the limits in movement from a few steps to a few hundred yards. People with disabilities can have long trips or visits with family are made possible by new technology for wheelchairs. Wheelchairs that are transported in cars are becoming more common.
Invacare has dominated the wheelchair markets by pursuing two very clear market strategies. Invacare supports its distributors and does not compete with them. Invacare has a complete bundled offering for its distributors including wheelchairs, respiratory, and continuing care products.
Wheelchair markets are expected to grow as the baby boomers age. The aging of the population is expected to change markets. 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.
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