Racing along: The shift to using motorised wheelchairs will drive industry revenue growth

IBISWorld’s Mobility Equipment Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Approximately 16% of the Australian population relies on using a mobility aid
  • 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

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    Industry Analysis & Industry Trends

    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 grow strongly 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...

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    What is the Mobility Equipment Stores industry?

    The industry is in the growth stage of its economic life cycle, spurred on by favourable government policies and underlying demographic variables. The industry's contribution to the economy, as measured by industry value added, is forecast to increase at an annualised 5.2% over the 10 years through 2022-23. Meanwhile, the Australian economy is forecast to grow at the slower annualised 2.5% over the 10 years through 2022-23. With industry value added expected to outperform the wider economy, the industry's economic contribution will rise in proportion.

    Underlying this robust growth is the National Disability Insurance Scheme, which will increase support for Australians with disability, their families and carers. The support is projected to expand the market for mobility equipment. Aus...

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    Additional Insights for the Mobility Equipment Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mobility Equipment Stores Industry 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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    Products & Brands

    Major products in this industry
    Walking frames, sticks, canes and crutches
    Car aids

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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

  • Products & Markets
    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
    Competitive Landscape
    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
    Major Companies
    Aidacare Pty Ltd
  • Table: Aidacare Pty Ltd - financial performance

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Mobility Equipment Stores Industry
  • 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
    Jargon & Glossary
    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.
  • Why buy this report?

    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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