101 Mobility Market Forecast & Outlook
Valued at more than $4.3 billion, the home healthcare products market is one of the largest and most stable in the United States (U.S.) due to the burgeoning aging population and corresponding increase in lifespan, the critical need for cost-effective medical equipment for patients suffering from long-term chronic conditions, and the increasing usage of technology by the baby boomer population. Additional factors include younger, disabled patients who do not require hospitalization and those recovering from acute medical conditions who need only temporary or intermittent home-based medical care.
In the year 2010, the number of people age 65 and older in the U.S. is expected to total more than 40.2 million (or 13.0% of the total population); by the year 2050, this figure is expected to more than double to approximately 86.7 million (or 20.6%). The estimated number of people age 80 and older is expected to nearly triple, from approximately 11.7 million in the year 2010 to more than 33.7 million in the year 2050.
Durable medical equipment is one of six core homecare product categories expected to benefit from demographic and healthcare trends; and is expected to experience market growth over the next five years. The combined U.S. market for home healthcare products reached $4.3 billion in 2007 and (despite current economic recession and uncertainty), is expected to expand at a compound annual rate of more than 4%, reaching nearly $5.2 billion in 2012.1
How this Affects 101 Mobility
101 Mobility serves the aging, baby boomer, chronically disabled, and those who choose to "age in place", meaning live out their twilight years at home, versus an assisted living facility or retirement home. The huge increase in the number of people choosing to stay at home during their later years is corresponding to incredible opportunities in the market for 101 Mobility. As the nation's first comprehensive home mobility products seller, installer, and service provider; 101 Mobility is answering an enormous market demand for products formerly available primarily online, with absolutely no installation, face-to-face service, or support.
The 101 Mobility business model is a strong, effective, and time-tested one that stands out in a fragmented industry. We supply high quality, in-demand products, with access to the top suppliers. We provide sales, installation, and follow-up services that simply cannot be matched by smaller independent dealers and installers.
Plus, the 101 Mobility business model provides you, as the franchise owner, with multiple potential revenue streams: stair lifts, auto lifts, ramps, porch lifts, power wheelchairs, scooters, related medical equipment and more - for senior citizens, the disabled, and the hospitals and businesses that are required by law to provide accessibility solutions for them!
The time is right for 101 Mobility. And this could be the right opportunity for you!
101 Mobility is committed to handshake service, lifetime support, and top of the industry products widely regarded as the best in the industry with names such as: Bruno, Harmar, EZ Access, Medline, Drive, Golden, ActiveCare, Liko, Invacare, & Savaria Concord.
1(SOURCE: Medtech Research; US Markets for Home Healthcare Products; Link)This advertisement is not an offer to sell nor a solicitation to buy a franchise. Certain states regulate the offer and sale of franchises and, if you reside in any such state, we will not offer or sell you a franchise unless and until we have complied with the applicable pre-sale registration and disclosure requirements.