The aging population and the demand for mobility from people who might otherwise be bedridden are growth factors in the power wheelchairs and personal mobility markets, according to a new report.
The report, from RnR Market Research, notes that the worldwide power wheelchairs and personal mobility markets are expected to achieve significant growth in the upcoming years, with the markets for both estimated to reach $2.4 billion in 2022.
Reimbursement is driving the power wheelchair market, and suspension systems, skin protection, quality, performance, durability, and clinical benefits are issues for patients, according to the report.
In addition, 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 in these markets, the report continues.
For more information, visit RnR Market Research.
[Source(s): RnR Market Research, PR Newswire]