Well equipped: Australia's ageing population has boosted demand for industry products

The Mobility Equipment Stores industry sells wheelchairs, mobility scooters and walking aids. Over 600,000 Australians use mobility aids. Mobility aids play an integral role in assisting both the disabled and the elderly in their day-to-day lives by aiding mobility and increasing independence. Such aids are required by both temporary users, such as those recovering from an injury, and long-term users, such as those with an ongoing condition.Industry revenue is expected to strongly grow over the five years through 2017-18, boosted by Australia's ageing population. This reflects the direct correlation between increased age and disability rates. For example, close to 90% of Australians over the age of 90 have some form of disability...read more.

Industry Statistics & Market Size
Revenue
$575m
Annual Growth 13-18
3.5%
Forecast Growth 18-23
Profit
Employment
1,674
Businesses
460
Market Share of Companies

Industry Threats & Opportunities

  • Industry revenue has strongly grown, boosted by Australia's ageing population
  • The industry’s slim profit margins can be partly attributed to its fragmented nature
  • The ageing population and the rollout of the NDIS are forecast to boost industry revenue
  • Industry Report - Industry Locations Chapter

    The geographic spread of the Mobility Equipment Stores industry reflects Australia's underlying social, economic and demographic make-up, with the industry centred on the eastern seaboard. This spread reflects the location of the industry's customer base. New South Wales, Victoria and Queensland account for approximately three-quarters of the nation's population and for a considerable portion of its economic wealth. Therefore, the population of these states is more likely to have the economic means to purchase mobility equipment. Parts of the east coast are also desirable retirement locations, so demand for the industry's products is higher in those areas. Combined, New South Wales, Victoria and Queensland are expected to account for nearly 80% of the industry locations in 2017-18...purchase to read more.

    Additional Insights for the Mobility Equipment Stores Industry

    IBISWorld has determined the most important Key Success Factors for the Mobility Equipment Stores are:

  • Having a good technical knowledge of the product
  • Having a wide and expanding product range
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Population aged 70 and older and Real household disposable income in the Mobility Equipment Stores industry impact industry performance..

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    What's in this report

    What is the Mobility Equipment Stores Industry?

    The industry retails products that facilitate the movement of disabled or injured individuals from place to place. The industry excludes retailers that sell their products online only.

    Industry Products
  • Walking frames, sticks, canes and crutches
  • Wheelchairs
  • Scooters
  • Car aids
  • Industry Activities
  • Wheelchair sales
  • Walking frame sales
  • Mobility scooter sales
  • Mobility equipment sales
  • Walking stick, cane and crutches sales
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Population aged 70 and older
  • Real household disposable income
  • Total health expenditure
  • Health consciousness
  • Levels of obesity

  • Current Performance
  • Growth drivers
  • Industry structure
  • Profitability trends
  • Chart: Revenue Growth

  • Industry Outlook
  • The National Disability Insurance Scheme
  • Mobility opportunities
  • Profitability trends
  • Table: Mobility Equipment Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Mobility Equipment Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • General Hospitals
  • General Practice Medical Services
  • Community Services
  • Consumers
  • Aged Care Residential Services

  • Key Selling Industries
  • Medical and Scientific Equipment Wholesaling

  • Products & Services
  • Wheelchairs
  • Scooters
  • Walking frames, sticks, canes and crutches
  • Car aids
  • Other
  • Chart: Mobility Equipment Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 65 and over
  • People aged 20 to 64
  • People aged 19 and under
  • Chart: Major Market Segmentation for the Mobility Equipment Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Mobility Equipment Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Mobility Equipment Stores Industry

  • Industry Globalization
    Aidacare Pty Ltd,
  • Table: Aidacare Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Mobility Equipment Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Mobility Equipment Stores Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Assistive Technology (At)
  • A device, system or design that allows an individual with a disability to carry out daily activities or perform tasks they would otherwise be unable to do.
  • Bariatrics
  • A branch of medicine that focuses on the cause, prevention and treatment of obesity.
  • Electric Wheelchair
  • A wheelchair powered by electricity, used by people unable to manually propel a wheelchair.
  • Mobility Scooter
  • A machine similar to a wheelchair, which helps a person to move around, resembling a motor scooter in design.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Mobility Equipment Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Mobility Equipment Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Mobility Equipment Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mobility Equipment Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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