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Wheelchair Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wheelchair Manufacturing Market Research Report | Life Sciences | Medical Supplies | Jun 2014

On a roll: The older population will foster revenue growth, despite high input costs

IBISWorld’s Wheelchair Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Invacare Corporation Invacare Corporation market share
Sunrise Medical Inc. Sunrise Medical Inc. market share
Industry Statistics & Market Size
Revenue
$883m
Annual Growth 09-14
2.5%
Annual Growth 14-19
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Profit
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Employment
2,430
Businesses
141
Industry Analysis & Industry Trends

Favorable demographic changes will benefit the industry, with demand for wheelchairs growing as a result of a greater need among older baby boomers. While input costs will remain high, they will not shift as drastically as in the previous five-year period. Nevertheless, healthcare reform is expected to negatively affect public healthcare spending as the excise tax on wheelchairs adversely affects industry operators' revenue.... purchase to read more

Industry Report - Industry Investment Chapter

The industry has a low level of capital intensity; for every $0.11 spent on capital, $1.00 is spent on wages. Wheelchair manufacturers produce a range of products, and not all products can be manufactured on an automated production line. Therefore, the need for hands-on work augments labor costs. Furthermore, skilled specialists are needed to research and develop medical devices, and these employees command salaries well above the manufacturing sector's average wage. Wages are expected to account for 17.2% of industry revenue in 2014.

Depreciation costs represent about 1.9% of revenue. Larger industry firms frequently acquire small firms to broaden their range of products and markets, which raises capital expenditure... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wheelchair Manufacturing Industry?

This industry manufactures manual and powered wheelchairs and powered scooters.

Industry Products
Manual wheelchairsPowered wheelchairsPowered scootersWheelchair repair servicesWheelchair accessories
 
Industry Activities
Fabricating wheelchairs and wheelchair accessoriesResearch and developmentMarketing and distribution


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