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Invacare Corporation

Company Profile Analysis

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Invacare Corporation - Healthcare showcase

Year Founded & Workforce

1979

4,200 Employees

Industry

Healthcare

Services

Mobility and SeatingLifestyle ProductsRespiratory Therapy Products
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Invacare Corporation Overview

Company Headquarter: Elyria, Ohio, USUS

Founded: 1979

Workforce: ~4200 employee

Company Working: Invacare Corporation is a leading manufacturer and distributor in its markets for medical products used in non-acute care settings. At its core, the company designs, manufactures, and distributes medical products that help people to move, breathe, rest, and maintain essential hygiene. The company provides medical product solutions for congenital (e.g., cerebral palsy, muscular dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers), and degenerative (e.g., ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments.

Strategy

Developing a cadence of meaningful new products in key markets and product areasFocused on serving the needs of customersIncreased commercial effectivenessAccelerate quality efforts with the culture of quality excellence

Company Snapshot

$1,142M

Revenue

4,200

Employees

1979

Founded

SWOT Analysis

Strengths

  • Strong research and development of new products based on consumers’ need
  • Focus on quality of products

Weaknesses

  • Company failure to comply with regulatory requirements of FDA and other applicable US regulatory requirements may subject the company to administrative or judicially imposed sanctions

Opportunities

  • New product launching
  • Innovation of new products in the market
  • Strategic agreements with new companies

Threats

  • Intense competition from other companies in the manufacturing of products may hinder the growth of the market
  • Increasing cost of raw materials

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Key Developments

DateApproachDevelopment
December 2017Product LaunchInvacare launched the new Orion and comet scooters, built from high-quality robust materials. The new scooters offer maximum durability, strength, and reliability.
February 2017Product LaunchThe küschall K-Series attract, küschall Champion, and küschall Advance active manual wheelchairs were launched in the US.

Product Offering

  • Invacare Corporation
    • Mobility and Seating
    • Lifestyle Products
    • Respiratory Therapy Products

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 1,142 Mn in 2015 to USD 966 Mn in 2017.
Invacare Corporation — By Business Segment
Series (USD Mn)201520162017
Sales1,1421,047966
R&D Expenditure44.541.946.4

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