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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

The Wheelchair Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Analysis Chapter

The Wheelchair Manufacturing industry has fared well over the five years to 2014. An aging population and substantial private and public health spending have helped sustain industry operators even during volatile economic times. However, the industry has been negatively affected by rising material costs, such as the increasing price of plastic. Rising input costs have pressured industry profit margins and are expected to continue doing so in 2014. Overall, industry revenue is expected to grow at an average annual rate of 2.5% to $882.7 million over the five years to 2014. In 2014, revenue is anticipated to increase 5.1%, driven by a higher number of people with private health insurance and an increase in total health 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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