Invacare Corporation is the world's leading manufacturer and distributor in the $8.0 billion worldwide market for medical equipment used in the home. The company designs, manufactures, and distributes an extensive line of health care products for the non-acute care environment, including the home health care, retail, and extended care markets.
When the company was acquired in December 1979 by Mal Mixon and a small group of investors, it had $19.5 million in net sales and a limited product line of standard wheelchairs and patient aids.
Today, Invacare has reached approximately $1.5 billion in net sales and is the leading company in each of the following major, non-acute, medical equipment categories: power and manual wheelchairs, home care bed systems, and home oxygen systems.
Invacare is the only company in the home medical equipment industry with a full line of products:
- Rehab Products
Custom power and custom manual wheelchairs, seating and positioning, and scooters. - Respiratory Products
Oxygen systems, sleep, and nebulizers. - Standard Products
Bath safety, walkers, wheelchairs, beds, and therapeutic support surfaces.
The company sells its products to over 25,000 home health care and medical equipment providers, distributors, and government locations in the United States, Australia, Canada, Europe, New Zealand, and Asia. The company has 5,700 associates and markets its products in 80 countries around the world. Invacare stock is traded on the New York Stock Exchange under the symbol IVC.
