Wheelchair Manufacturers will be clamoring for SafePath in a year IMO....
From a recent PR -
There are approximately 2.2 million people in the United States alone that use a wheelchair for everyday activities. Approximately 15% of those people now use power wheelchairs, but this number is artificially low because many people who would benefit from the use of a power wheelchair are unable to have one. Medicare applications for wheelchairs specifically ask "Does this patient have the physical and mental abilities to operate a power wheelchair safely in the home?" GeckoSystems believes that the availability of SafePath Enabled wheelchairs along with joysticks or alternative control devices (such as GeckoChat, sip and puff, and neural controls) could easily double or triple the size of the power wheelchair market.
http://www.geckosystems.com/investors/press_r...ontrol.php
I didn't realize that only 15% of wheelchairs were power.
From the VA study listed in the PR - 40% of those people have trouble controlling their wheelchair, so that's 132,000 units that are just waiting for the retrofit.
Just grabbing a number out of thin air, let's say GOSY makes $400 per unit profit. That's $52.8 million just satisfying pent up demand in the US alone.
WOW!!!
Internationally, triple that would be conservative - $158,400,000
WOW!!!
Now you have to add in the people out of the 85% that can't have a power wheelchair now because they can't navigate without safe Path. I haven't been able to find a statistical breakdown of who gets denied and what the numbers are but I think doubling that figure again is reasonable. $316,800,000
WOW!!!
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