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Corporation
HEALTHCARE | Medical Devices & Equipment / Therapeutic Devices
invacare.com

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Investments

5

Portfolio Exits

3

Partners & Customers

8

About Invacare

Invacare (NYSE: IVC) is a manufacturer and distributor of medical equipment used in non-acute care settings. The company designs, manufactures, and distributes medical devices that help people to move, breathe, rest, and perform essential hygiene. It provides clinically complex medical device solutions for congenital (cerebral palsy, muscular dystrophy, spina bifida), acquired (stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers) and degenerative (ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments. Invacare sells its products principally to home medical equipment providers with retail and e-commerce channels, residential care operators, distributors and government health services in North America, Europe, and Asia/Pacific. The company was founded in 1979 and is based in Elyria, Ohio.

Headquarters Location

1 Invacare Way

Elyria, Ohio, 44035,

United States

(800) 333-6900

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Latest Invacare News

Smart Bed Market to Hit USD 4.44 Billion by 2028 | Industry to Generate 5.8% CAGR during (2021-2028)

Nov 28, 2022

Report Coverage The report is prepared painstakingly with the use of qualitative and quantitative assessments. The use of primary sources, such as interviews with key opinion leaders has boosted the dynamics and insights with respect to trends. The report includes secondary sources, including press releases, annual reports, SEC filings and paid databases. The report also includes top-down and bottom-up approaches to estimate revenues, market size and growth of key players in the landscape. Drivers and Restraints Adoption of State-of-the-art Devices to Provide Lucrative Growth Opportunities Stakeholders expect intelligent devices to be highly sought-after across emerging and advanced economies. Prominently, leading companies are likely to focus on product portfolio expansion amidst shifting dynamics. For instance, in October 2020, Stryker Corporation introduced an intelligent bed for smart patient monitoring. Moreover, end-users have exhibited a profound inclination for smart solutions to foster well-being amidst the prevalence of the pandemic. A spike in the demand for advanced beds from the healthcare and hospitality sectors could underpin the business outlook. According to the German Society for Consumer Research, sales of smart products observed around 24% surge in 2020 compared to the preceding year across European markets, such as the U.K., Germany, Spain, Belgium, Italy and France. Meanwhile, the prevalence of counterfeit products across online channels is likely to mar the industry growth. Segmentation On the basis of distribution channel, the industry is fragmented into offline and online segments. Based on region, the market is segregated into North America, Asia Pacific, Europe, the Middle East and Africa and South America. Browse Detailed Summary of Research Report with TOC: Rising Uptake of Smart Devices in North America to Encourage Investments Stakeholders are slated to inject funds into state-of-the-art devices across the U.S. and Canada on the heels of surging renovation activities. North America smart bed market size touched USD 0.90 billion in 2020 and will grow with an influx of funds into automation. Besides, expanding the footfall of IoT devices across residential and commercial spaces will also bode well for regional growth. Asia Pacific is poised to witness investments galore on the back of urbanization and the adoption of intelligent devices. Soaring purchasing power across China, Japan and India are likely to trigger investments across the region. IMD World Competitiveness Ranking 2020 stated that the information and communication industry garnered USD 12.3 billion in Hong Kong in 2019, exhibiting an exponential demand for digital technology. The trend suggests industry players will envisage Asia Pacific as a happy hunting ground over the next few years. Industry participants expect Europe smart bed market share to witness an upward growth trajectory against the backdrop of rising healthcare expenditures. Notably, governments have upped healthcare budgets, expediting the adoption of smart tech devices. According to the Federal Statistics Office (Destatis), healthcare expenditure in Germany reached 410.8 billion euros in 2019. Leading companies are poised to bolster their penetration across the U.K., Germany and Italy following the traction for smart beds in the medical sector. Rеаѕоnѕ to Get thіѕ Rероrt: A qualitative and quantitative market study based on segmentation that includes both economic and non-economic factors Data on market value for each section and sub-segment Indicates the region and market segment that is likely to expand the fastest and dominate the market. The consumption of the product/service in each region is highlighted, as are the factors affecting the market within each region. The competitive landscape includes the top players' market rankings, as well as new service/product launches, collaborations, company expansions, and acquisitions made by the companies profiled in the last few years. Inquire Before Buying This Research Report: 1. Is the Smart Bed Industry growing? Answer: Fortune Business Insights says that the worldwide market size was USD 2.82 billion in 2020 and is anticipated to reach USD 4.44 billion by 2028. 2. Who are the key players in the Smart Bed Market? Answer: Hi-Interiors SRL, Hill-Rom Holdings Inc, Invacare Corporation are the top market players. 3. What are Key Factors Raising the Market? Answer: Increased smart home technology spending for well-being and comfort is the key driving factor of the market. Check out more Related Insights by Fortune Business Insights: Mattress Market Size Expected to Exceed USD 72.95 Billion by 2029 | At 5.36% CAGR Hair Removal Products Market to Hit USD 4.94 Billion by 2027 | Industry to Generate 4.3% CAGR during (2020-2027) Tissue Paper Market to Reach USD 124.74 Billion by 2029 | Tissue Paper Industry Striking CAGR of 6.4% About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Contact Us: 9th Floor, Icon Tower,

Invacare Investments

5 Investments

Invacare has made 5 investments. Their latest investment was in NeuroControl as part of their Series D on October 10, 1999.

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Invacare Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/11/1999

Series D

NeuroControl

$4.5M

Yes

11/1/1991

Series A

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$99M

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10

1/1/1989

Series B

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$99M

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10

1/1/1988

Series A

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$99M

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10

4/1/1987

Seed

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$99M

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10

Date

10/11/1999

11/1/1991

1/1/1989

1/1/1988

4/1/1987

Round

Series D

Series A

Series B

Series A

Seed

Company

NeuroControl

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Amount

$4.5M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

10

10

10

10

Invacare Portfolio Exits

3 Portfolio Exits

Invacare has 3 portfolio exits. Their latest portfolio exit was Garden City Medical on September 30, 2016.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/30/2016

Divestiture

Garden City Medical

$99M

2

1/17/1994

Acquired

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$99M

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0

6/1/1992

IPO

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$99M

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10

Date

9/30/2016

1/17/1994

6/1/1992

Exit

Divestiture

Acquired

IPO

Companies

Garden City Medical

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

2

0

10

Invacare Acquisitions

1 Acquisition

Invacare acquired 1 company. Their latest acquisition was Invacare Supply Group on January 16, 1998.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/16/1998

$99M

Acquired

Date

1/16/1998

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Invacare Partners & Customers

8 Partners and customers

Invacare has 8 strategic partners and customers. Invacare recently partnered with DomoSafety on January 1, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

1/11/2020

Partner

Switzerland

10/14/2019

Vendor

India

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10

8/16/2018

Partner

United States

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10

7/28/2009

Partner

United States

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10

8/6/2008

Vendor

United States

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10

Date

1/11/2020

10/14/2019

8/16/2018

7/28/2009

8/6/2008

Type

Partner

Vendor

Partner

Partner

Vendor

Business Partner

Country

Switzerland

India

United States

United States

United States

News Snippet

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Sources

10

10

10

10

Invacare Team

5 Team Members

Invacare has 5 team members, including former President, Brian Ellacott.

Name

Work History

Title

Status

Brian Ellacott

President

Former

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Name

Brian Ellacott

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Work History

Title

President

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Status

Former

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Hillrom Holdings

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