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. As the population ages, people are more frail and need assistance for mobility.
Wheelchair technology is evolving to give people with disabilities more mobility. Mobility depends on a wheelchair that is fit to purpose. Power and manual wheelchairs are bought depending on the needs of the customers. Medical scooters are a growing segment of mobility for the aging population, as they perform better in an outdoor environment. Many issues impact the choice of a wheelchair, including cost and reimbursement availability.
Quarterly updates provide information on the changing nature of the market, companies of particular note, and overall market strength. Both public and private companies are included to allow direct comparison of each company to its direct competitors. This is not using comps that are so typical in the market, but is actually comparing the large companies to the smaller private companies in the same market to allow actual direct comparison.
*** Please note this report format includes 4 quarterly updates ***
Chart Market Forecast
Market Unit Analysis
Market Unit Penetration Forecast
- Drive Medicals Ltd.
- GF Health Products Inc.
- Hoveround Corporation
- LEVO AG
- Medical Depot Inc.
- Medort Group, MEYRA
- Merits Health Products Co. Ltd.
- OttoBock Healthcare GmbH
- Permobil AB
- Permobil acquires ROHO
- Pride Mobility Products Corp.
- Sunrise Medical