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Baby Boomers Drive the Demand for Wheelchairs, says New Report

Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has added a new report analysing the global wheelchair market.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Nov 03, 2009 -
Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has added a new report analysing the global wheelchair market.

“Wheelchair Market Shares, Strategies, and Forecasts, Worldwide 2009 to 2015” reports that the wheelchair and scooter markets will hit $7.9 billion by 2015, increasing from $3.9 billion in 2009.

The study shows that the wheelchair market's driving forces include the fact that baby boomers are starting to hit age 65. For this reason, as overall life expectancy increases, more wheelchairs are needed.

Moreover, the ability to get reimbursement has been a significant market factor. As baby boomers become in need of wheelchairs, they will be as willing to pay directly for mobility and comfort  - as they do for homes and cars now. This trend will assure market growth worldwide.

The 484 page report shows that wheelchairs and scooters provide improved lifestyle for disabled people by enabling mobility and move the healthcare delivery system toward the lower cost homecare.

Furthermore, authors of the report note that wheelchairs impact care delivery, permitting the patient to control mobility for the rehabilitation efforts.

“Wheelchair Market Shares, Strategies, and Forecasts, Worldwide 2009 to 2015” is available from Piribo. For more information go to:  
http://www.piribo.com/publications/medical_devices/wheel ...

Piribo product ID: WIN00003

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About Piribo.
Piribo (http://www.piribo.com/publications/medical_devices/index ...) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 17,000 English language titles including, market reports, studies and books and is the UK’s largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.

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Issued By:Jonna Dagliden
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Industry:Medical
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Last Updated:Nov 03, 2009
Shortcut:http://prlog.org/10398822
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