1. Market Research
  2. > Healthcare
  3. > Medical Supply Market Trends

Wheelchair Manufacturing - Industry Market Research Report

  • May 2017
  • 38 pages
  • Ibisworld
Report ID: 777458

Summary

Table of Contents

Search Inside

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

Wheelchair Manufacturing

The Wheelchair Manufacturing industry experienced a steady decline over the five years to 2017. Although key trends in the healthcare sector have been positive in recent years, domestic manufacturing of wheelchairs has fallen. The number of adults aged 65 and older, the largest downstream user of wheelchairs, has steadily increased over the five years. Moreover, Medicaid and Medicare spending, as well as the number of people with private health insurance, have steadily grown. This has generated an overall increase in total healthcare expenditures, which has supported more purchases of healthcare related equipment. Nonetheless, industry revenue has declined as regulations surrounding Medicaid reimbursement shifted and a key industry operator experienced issues with Food and Drug Administration (FDA) compliance. Over the five years to 2022, the industry is expected to recover. The population will continue to age, bolstering demand for medical care and long-term durable medical equipment, such as wheelchairs. While potential changes to healthcare regulations pose a risk to Medicaid spending, Medicare is the primary coverage for the elderly who demand the bulk of industry product. Moreover, Invacare is expected to resume production in 2017, which should present a boon to the industry's domestic manufacturing level.

Operators in this industry manufacture manual and powered wheelchairs and powered scooters.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Wheelchair Accessible Vehicle Converters Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

North America Wheelchair Accessible Vehicle Converters Market: Overview This report on the North America wheelchair accessible vehicle converters market analyzes the current and future prospects of the ...

Rehab Equipment Market by Type (Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End User (Hospital, Clinic, Home Care) - Forecasts to 2021

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

The rehabilitation equipment market is projected to reach USD 14.91 billion by 2021 from USD 9.86 billion in 2016, at a CAGR of 8.6% during 2016-2021. The market for rehabilitation equipment is expanding ...

Electric Wheelchair Market by Product type - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

  • $ 3840
  • Industry report
  • April 2017
  • by Allied Market Research

Electric wheelchairs are powered with a set of batteries that provides the required power for the movement of wheelchair in the desired direction causing less physical exertion. These chairs do not require ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.