Wheelchair market to hit $1 billion in 2013, firm predicts

Saturday, June 30, 2007

DUBLIN, Ireland - The power wheelchair market will jump from $756.5 million in 2006 to more than $1 billion by 2013, according to a forecast released May 16 by Research and Markets. The company mentioned that hospital and homecare wheelchair technology continues to evolve, giving 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," Research and Reports stated. Topics covered in the company's forecast: healthcare cost containment trends, billing issues, government regulations, etc.