Navigation Links
GeckoSystems Evaluates Europe's Robotic Wheelchair Market
Date:4/16/2012

CONYERS, Ga., April 16, 2012 /PRNewswire/ -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) -- is closely reviewing the scope and size of the European market for its "SafePath Enabled(tm)" wheelchair technology. As a result of recent enhancements to GeckoNav(tm), the company is now calling their suite of fundamental mobile robot solutions for automatic, self-navigation: "SafePath Enabled(tm)." GeckoSystems is a dynamic leader in the emerging mobile robotics industry, revolutionizing the development and usage of "Mobile Robot Solutions for Safety, Security and Service(tm)."

The number of wheelchairs per year projected for sale in the European market: 

France...........................110,000
Germany........................120,000
United Kingdom..............270,000
Italy...............................100,000
Rest of Europe...............270,000
Total for Europe.............870,000

Assuming only 10% of those purchasers need and can afford a SafePath Enabled chair upgrade, annual market projections for this market would be 87,000 SafePath wheelchairs. If the company earns only $100 per wheelchair, annual revenues from this niche market for GeckoSystems would be $8,700,000.  More realistically, the licensing per wheelchair would run $250 per unit and 25% of the chairs sold annually would have the SafePath upgrade.  This would result in $54,375,000 in annual revenues for GeckoSystems. 

Additionally, GeckoSystems anticipates marketing automatically calibrated SafePath retrofit kits.  Estimated sales of the kits would be 87,000 units for the first several years.  Demand would taper off as pent up demand is satisfied.  These kits would require software licensed exclusively from GeckoSystems and the company anticipates add
'/>"/>

SOURCE GeckoSystems Intl. Corp.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. GeckoSystems Reveals Concept Design for the 21st Century Wheelchair
2. GeckoSystems: Chinese to Require Hundreds of Thousands of GeckoSystems Equipped Wheelchairs to Reach New Healthcare Standards
3. GeckoSystems Signs Mobile Robot Joint Venture With Chinese Wheelchair Manufacturer
4. GeckoSystems Actively Negotiating Joint Venture with Chinese Wheelchair Manufacturer for International Marketing of Robotic Wheelchair Safety Technology
5. GeckoSystems Successfully Applies Its Mobile Robot Solutions to Improve Wheelchair Safety
6. GeckoSystems CEO Does Live Interview on ChartPoppers.com About Mobile Robot Business Advancements
7. Patent and Trademark Trends 2011: Thomson Reuters Evaluates the State of Global IP
8. CVS Caremark Study Evaluates Which Pharmacy Channel Consumers Choose When Given Choice of Mail or Retail Prescriptions
9. Protege Encore Clinical Trial Evaluates New Investigational Approach For Individuals Recently Diagnosed With Type 1 Diabetes
10. Article Published in Expert Opinion on Biological Therapy Evaluates StemEx(R) (carlecortemcel-l) for Leukemia and Lymphoma
11. Long-Term Study Evaluates Boosted PREZISTA(R) Vs. Lopinavir/Ritonavir as Part of HIV Combination Therapy in Treatment-Naive Adults
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... As health officials across the Midwest warn against the widespread ... Michigan will offer free diagnostic testing for ... to administer tests and, in some cases, fill the matching ... the study. The Grand Rapids, Mich. ...
(Date:1/15/2014)... 2014  Novation, the leading health care supply chain expertise, ... reseller (VAR) national contracts that expand its portfolio to ... lower costs. These include manufacturer product and service agreements, ... and ongoing IT consulting support. New ...
(Date:1/15/2014)... 15, 2014 Massachusetts General Hospital (MGH), the ... ) announced today that they have launched a ... therapeutic targets and develop novel therapies for inflammatory ... millions worldwide. The MGH-Broad-Amgen collaboration brings together scientists ...
Breaking Medicine Technology:Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 2Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 3New Novation Information Technology VAR Contracts Offer Significant Savings to Hospitals 2Mass. General, Broad Institute and Amgen Will Work to Discover New Drugs for Inflammatory Bowel Disease 2Mass. General, Broad Institute and Amgen Will Work to Discover New Drugs for Inflammatory Bowel Disease 3Mass. General, Broad Institute and Amgen Will Work to Discover New Drugs for Inflammatory Bowel Disease 4
(Date:4/23/2014)... in the popular Swedish children,s TV show Bolibompa, ... A new study from the University of Gothenburg ... programmes as well as the link between young ... , Steingerdur Olafsdottir,s doctoral thesis focuses on the ... TV show Bolibompa. Healthy foods dominated in the ...
(Date:4/23/2014)... of Midlife Occupational and Leisure Time Physical Activity on ... activity in midlife increases the risk of mobility limitation ... risk. This is found in a study which followed ... study was conducted at the Gerontology Research Center in ... Heavy physical labor is often repetitive, wears the body ...
(Date:4/22/2014)... popular high school sport in the United States with ... researchers in the Center for Injury Research and Policy ... and describe the occurrence and distribution patterns of basketball-related ... athletic training setting among adolescents and teens. , The ... Training , examined data relating to adolescents 13-19 years ...
(Date:4/22/2014)... April 22, 2014 Researchers at UT Southwestern Medical ... from depression . , A team of ... by which ghrelin (a hormone with natural anti-depressant properties) ... potentially powerful new treatment for depression in the form ... The study, published online in April,s issue of ...
(Date:4/22/2014)... Working with mice and rabbits, Johns Hopkins scientists have ... and breakdown, successfully preventing the development of atherosclerosis, the ... number-one cause of death among humans. The condition develops ... renders them stiff, narrowed and hardened, greatly reducing their ... and the brain. , In a series of experiments, ...
Breaking Medicine News(10 mins):Health News:High-calorie and low-nutrient foods in kids' TV 2Health News:Midlife occupational and leisure-time physical activity limits mobility in old age 2Health News:New study finds 2.5 million basketball injuries to high school athletes in 6 seasons 2Health News:New study finds 2.5 million basketball injuries to high school athletes in 6 seasons 3Health News:Depressed? Researchers identify new anti-depressant mechanisms, therapeutic approaches 2Health News:Depressed? Researchers identify new anti-depressant mechanisms, therapeutic approaches 3Health News:Scientists alter fat metabolism in animals to prevent most common type of heart disease 2Health News:Scientists alter fat metabolism in animals to prevent most common type of heart disease 3Health News:Scientists alter fat metabolism in animals to prevent most common type of heart disease 4
... BlueCross BlueShield of South Carolina announced today that the ... held during lunchtime hours on Wednesday, April 29, 2009.Blue ... well as other employers, will encourage their employees to ... in a 30-minute lunchtime walk. The goal of National ...
... 2 Accelerated Community Oncology Research Network (ACORN(TM)), ... highlights of its annual Principal Investigators, Meeting held ... from community-based oncology practices throughout the United States ... emerging treatment trends, as well as promising new ...
... to Include 24-oz and Convenient 4-oz Travel Size ... (Nasdaq: PURE ) today announced an ... PURE,s silver dihydrogen citrate (SDC)-based disinfectant as OneShot ... OneShot Plus product line. OneShot Plus DD ...
... BIGLERVILLE, Pa., March 2 The first Eklin ... recently installed at Dr.,Flake,s Animal Wellness Clinic which ... Oxford. The state-of-the-art system,from Eklin Medical Systems, the ... benefit the area,s thousands of veterinary patients,supporting the ...
... SynCare, LLC, announces the extension of its contract ... management. MHS, a Medicaid Managed Care Company, serving SCHIP ... assist the company in providing comprehensive care and support ... to continuing our partnership with SynCare for prenatal care ...
... are vegans and vegetarians most affected, study says , , MONDAY, March ... B12 in their blood before and after conception have a greater ... a new study says. , Most at risk may ... meat and animal-based foods, noted an American and Irish research team ...
Cached Medicine News:Health News:S.C. BlueCross to Celebrate Third Annual National Walk @ Lunch Day With Community Events in Columbia, Charleston, Greenville 2Health News:ACORN's Success in Delivering Top Quality Research Portfolio to Community-Based Oncology Practices Presented at Annual Investigator Meeting 2Health News:ACORN's Success in Delivering Top Quality Research Portfolio to Community-Based Oncology Practices Presented at Annual Investigator Meeting 3Health News:Sterifide Laboratories to Launch 'Powered by SDC' OneShot Plus Disinfectant and Deodorizer 2Health News:Sterifide Laboratories to Launch 'Powered by SDC' OneShot Plus Disinfectant and Deodorizer 3Health News:Sterifide Laboratories to Launch 'Powered by SDC' OneShot Plus Disinfectant and Deodorizer 4Health News:Dr. Flake's Animal Wellness Clinic Installs Adams County's First Eklin Digital Radiography System 2Health News:Dr. Flake's Animal Wellness Clinic Installs Adams County's First Eklin Digital Radiography System 3Health News:SynCare Receives Managed Health Services Contract Renewal 2Health News:B12 Deficit May Boost Risk of Birth Defects 2
... Control is a liquid control ... busy immunoassay laboratory. With a ... serum based control can replace ... products for immunoassay and therapeutic ...
The Acceava hCG Combo test provides superior performance for the diagnosis of pregnancy with a simple procedure that provides easy to read black on white results in 3 minutes for urine or 5 minutes f...
Invacare 5 Oxygen Concentrator with Sens O2, 230 VAC - Intl....
The Acceava Trichomonas Rapid Test is an immunochromatographic assay that detects pathogen antigens directly from vaginal swabs. Results are rapid, occurring within approximately 10 minutes....
Medicine Products: