Sox Signing Solutions, Ambulatory and Bathroom Aids Market to Top $1.8 Billion by 2010, According to New Report by Global Industry Analysts, Inc.

Wed, 07 May 2008 12:18:33 +0100

San Jose, California (PRWEB) April 24, 2008 -- Globally consumer spending on durable medical equipment is rising day by day driven by steadily aging population and rise in diseases associated with advancing age. The clampdown on consumer expenditures on traditional healthcare services has translated into strong demand for medical equipment including wheelchairs; geriatric seating; positioning aids; commode chairs; bath trolleys; shower chairs; hearing aids; artificial limbs; walkers; canes; crutches; and patient lifts. Also fuelling the demand is an aging world population that lends products designed for the elderly and the disabled a fresh lease of life making it the thrust sector in the overall home healthcare industry. Due to the steadily expanding orthopedic market, manufacturers are focusing more on the ambulatory products market, thus adding to the growth momentum.

United States and Europe represent the leading markets, together accounting for nearly 70% of the global ambulatory and bathroom aids market (http://www.strategyr.com/Ambulatory_and_Bathroom_Aids_Market_Report.asp) in 2008, as stated by Global Industry Analysts, Inc. In the United States, graying of the American society extends a propitious business environment conducive for the ambulatory and bathroom aids market. Walkers market (http://www.strategyr.com/Ambulatory_and_Bathroom_Aids_Market_Report.asp) in the United States is projected to register fastest growth in the ambulatory aids segment registering a CAGR of 7% for the period 2000-2010.

Asia Pacific is likely to emerge as the most lucrative market for ambulatory and bathroom aids, registering fastest growth in value and volume. Patient seating & positioning aids (http://www.strategyr.com/Ambulatory_and_Bathroom_Aids_Market_Report.asp) category in the region is forecast to generate $67.2 million by 2010. In Europe, fastest growth emanates from the East European countries. Bathroom Aids (http://www.strategyr.com/Ambulatory_and_Bathroom_Aids_Market_Report.asp) market in the region is projected to reach $105.8 million by 2009.

Leading players in the worldwide ambulatory and bathroom aids market include Apex Dynamics Healthcare Products, LLC, ArjoHuntleigh, ATO-FORM GmbH, DMA Ltd., Graham-Field Health Products, Inc., Invacare Corporation, Lamico, Inc., Medline Industries, Patterson Medical, Rebotec Rehabilitationsmittel GmbH, and Sunrise Medical.

The report titled "Ambulatory and Bathroom Aids: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global and regional markets across the segments - ambulatory aids (standing aids, walking aids (canes, crutches and walkers)), bathroom aids (commode chairs and shower chairs), and patient seating and positioning aids (adult (spinal cord injury), pediatric and geriatric). The study provides both value and volume analytics for the period 2000-2015. The report reviews trends, recent strategic corporate activity and product introductions/innovations of leading market participants.

For more details about this research report, please visit http://www.strategyr.com/Ambulatory_and_Bathroom_Aids_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.