Wheelchairs: Seniors will pay for them like homes and cars?
The worldwide wheelchair market will grow from $3.9 billion in 2009 to $7.9 billion in 2015, according to a new report from Research and Markets. The 484-page report describes the market as “poised for significant growth” due to an aging population and improved technology. The report acknowledges that “reimbursement has been a significant market factor,” but it states: “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. This trend will assure market growth worldwide.”