What are Mission Vision & Core Values of Invacare Company?

Invacare Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

What are the Mission, Vision, and Core Values of Invacare?

Mission and vision statements are crucial strategic foundations for any business, offering a clear sense of purpose and direction. They guide decision-making, foster corporate identity, and align stakeholders towards common goals. Invacare Corporation, a global designer, manufacturer, and distributor of medical equipment, operates within the essential sector of mobility and healthcare solutions.

Their products, including wheelchairs and mobility scooters, cater to individuals with physical disabilities. Having emerged from Chapter 11 bankruptcy in November 2023, Invacare's mission, vision, and values are vital as they navigate this new chapter, guiding their renewed focus on operational excellence and profitable long-term growth. For a deeper dive into the company's market position, consider reviewing Invacare Porter's Five Forces Analysis.

The Invacare mission statement centers on empowering individuals with disabilities, injuries, or age-related conditions. It focuses on providing innovative home and long-term care medical products, including wheelchairs, mobility scooters, and respiratory therapy equipment, to enable a fuller life.

Customer-Centric Focus

The Invacare mission is deeply customer-centric, aiming to enhance the lives of individuals needing mobility and healthcare solutions.

Innovative Solutions

Invacare provides innovative products like wheelchairs and respiratory therapy equipment for non-acute care settings.

Global Reach

The company's market scope is global, reflecting its commitment to accessibility worldwide.

Quality and Safety

A core aspect of Invacare's value proposition is its dedication to quality, safety, and user-centric design.

Continuous Development

Invacare emphasizes continuous development of solutions that prioritize performance and reliability.

Personalization

The relaunch of their UNIQUE personalization service in March 2024 allows customers to customize wheelchairs, reflecting individual needs and style.

Invacare's mission, 'Making Life's Experiences Possible', is evident in its strategic initiatives. For instance, the relaunch of their UNIQUE personalization service for manual wheelchairs in March 2024 allows customers to customize their mobility aids, enhancing personal ownership and style. This aligns with the Invacare mission statement's focus on user-centric design. Furthermore, their deepened partnership with Free Wheelchair Mission since May 2024, providing wheelchairs to individuals in under-resourced countries, directly embodies the Invacare purpose of making life's experiences possible for those in need. The company's commitment to superior design, performance, functionality, reliability, endurance, and safety in product development consistently emphasizes its customer-centric and innovation-focused approach, as detailed in this article on the Mission, Vision & Core Values of Invacare.

Invacare SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

Invacare's vision implicitly focuses on achieving profitable long-term growth and operational excellence within its core product categories. This includes leveraging global market opportunities in home medical equipment and respiratory care devices. The company aims to build upon its legacy as a leader and innovator in these essential healthcare markets, ensuring sustained success and market relevance.

Operational Excellence

Invacare is committed to enhancing its operational efficiency and effectiveness across all business functions. This focus supports the delivery of high-quality products and services.

Profitable Growth

The company aims for sustainable financial performance by driving growth in its key product segments. This ensures long-term viability and value for stakeholders.

Market Leadership

Invacare seeks to maintain and strengthen its position as a leader in lifestyle, mobility, and seating solutions. This involves continuous innovation and market responsiveness.

Global Tailwinds

The vision includes capitalizing on favorable global market trends in healthcare and home medical equipment. This strategic approach supports expansion and increased market share.

Innovation Focus

Invacare emphasizes innovation to develop advanced comfort and mobility solutions. This commitment ensures their products meet evolving customer needs and industry standards.

Customer Commitment

A core aspect of their vision involves renewing their dedication to customers. This ensures products and services enhance the lives of those they serve.

Invacare's vision statement, while not formally articulated as a standalone declaration, is embedded in its strategic objectives post-bankruptcy. The company aims to renew its commitment to operational excellence and drive profitable long-term growth in its core lifestyle and mobility & seating product categories. This vision also involves capitalizing on global tailwinds in the markets served and building on its legacy as a leader and innovator. For more details on the company's journey, read a Brief History of Invacare. The global home medical equipment market is projected to grow from USD 26.37 billion in 2024 to approximately USD 48.12 billion by 2034, at a CAGR of 6.20%. Similarly, the global respiratory care devices market is projected to reach USD 40.31 billion by 2031, growing at a CAGR of 5.89% from 2024. These market trends support Invacare's vision for the future, highlighting significant opportunities for growth and market leadership. The Invacare vision for the future is focused on sustained profitability and innovation, reinforcing its Invacare company vision and mission.

Invacare PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The core values of Invacare guide its operations and strategic decisions, reflecting a deep commitment to its users and the broader community. These principles shape the company's approach to product development, customer engagement, and social responsibility.

Invacare's core values include customer-centricity, innovation, quality and safety, and social responsibility and inclusion. These values are integral to the company's mission of making life's experiences possible for individuals requiring mobility and home healthcare solutions.

Customer-Centricity

Invacare prioritizes understanding and meeting the diverse needs of its users. This is exemplified by the relaunch of their 'UNIQUE' personalization service in March 2024, allowing customization of manual wheelchairs with various colors and patterns, directly reflecting personal style and preferences.

Innovation

The company is committed to being at the forefront of innovation in mobility and healthcare solutions. Their participation in Rehacare International 2024 showcased new technologies and designs in home healthcare, power, and manual mobility, demonstrating a continuous drive to enhance product design, performance, and functionality.

Quality and Safety

A fundamental principle for Invacare is the unwavering commitment to quality and safety in all its products. This involves rigorous testing and adherence to regulatory standards, ensuring reliability and safety for users, with a focus on user-centric design that incorporates essential safety features.

Social Responsibility and Inclusion

Invacare demonstrates its social responsibility through partnerships and initiatives aimed at broader societal impact, such as its six-year partnership with Free Wheelchair Mission. In 2024, CEO Geoff Purtill personally delivered wheelchairs, and the 'Move for Mobility' campaign raised over $28,000, aiming higher in 2025 to make mobility accessible globally.

These core values of Invacare are not just statements but are actively integrated into the company's operations and strategic frameworks. To understand how these values translate into financial performance, explore Revenue Streams & Business Model of Invacare. This provides insight into how Invacare's mission and vision influence its strategic decisions.

Invacare Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

A company's mission and vision are foundational elements that steer its strategic decisions, from product innovation to market positioning.

These guiding principles ensure that every action taken aligns with the overarching purpose and future aspirations of the organization.

Invacare's Mission and Vision in Action

Invacare's mission, 'Making Life's Experiences Possible,' and its vision for profitable long-term growth and market leadership directly influence its strategic direction.

• The company's continued investment in its 'UNIQUE' personalization service for manual wheelchairs, relaunched in March 2024, exemplifies this mission by offering extensive customization.
• The intensified partnership with Free Wheelchair Mission, focusing on providing wheelchairs to those in need, highlights a strategic commitment to global accessibility and social impact.
• New product developments, such as the Matrx SHAPE and Matrx MAC back systems launched in March 2024 and June 2025 respectively, are driven by the need to enhance mobility and comfort for users with complex requirements.
• Market expansion strategies are informed by global tailwinds in the durable medical equipment (DME) market, projected to reach USD 436.5 billion by 2034.
• The company's emergence from Chapter 11 bankruptcy in November 2023, which reduced funded debt by approximately $240 million, demonstrates a financial restructuring aligned with long-term growth objectives.

Strategic Alignment with Mission

The mission to 'Making Life's Experiences Possible' directly informs strategic decisions, such as the focus on personalized mobility solutions and global accessibility initiatives.

Vision for Growth

The vision of driving profitable long-term growth and market leadership guides investments in product innovation and market expansion within the growing DME sector.

Product Development Influence

Product development is shaped by the mission, leading to innovations like advanced back systems that improve user comfort and mobility, catering to diverse needs.

Market Expansion Drivers

The company's market expansion is strategically aligned with the projected growth of the home medical equipment market, which is expected to reach USD 48.12 billion by 2034.

Impact of Restructuring

The successful financial restructuring, which provided $60 million in equity capital, supports the company's long-term growth objectives and operational excellence post-Chapter 11.

User-Centric Operations

The mission and vision foster a user-centric approach across all operations, from design to customer service, ensuring that the company's efforts directly benefit its customers.

These strategic decisions, deeply rooted in Invacare's mission and vision, are crucial for its continued success and market leadership. Explore how core improvements to the company's mission and vision can further enhance its strategic direction.

Invacare Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔

Enhancing the clarity and explicit articulation of Invacare's mission and vision statements can significantly benefit the company, especially following its restructuring and transition to private ownership. A formally defined vision statement would clearly delineate future aspirations, market positioning, and technological ambitions, providing a unified direction for all stakeholders.

Formalize a Clear Vision Statement

Invacare could benefit from a formally articulated vision statement that explicitly outlines its future aspirations, including market leadership and technological innovation. This would offer a more defined long-term objective for everyone involved with the company.

Explicitly State and Detail Core Values

Listing and explaining Invacare's core values on their 'About Us' page would boost transparency and reinforce their corporate identity. This would provide a clearer framework for both internal culture and external perception.

Integrate Emerging Technologies into Mission/Vision

To align with industry trends, Invacare might update its mission and vision to explicitly embrace AI and IoT in medical devices. The assistive technology market is rapidly integrating smart capabilities, with an estimated 75% of respiratory devices expected to have intelligent features by 2025.

Emphasize Innovation for Enhanced Patient Outcomes

By explicitly committing to leveraging advanced technologies for improved patient outcomes and independence, Invacare can better position itself within the evolving market. This focus would solidify their role as innovators in connected home medical equipment.

While Invacare's mission and implicit vision are strong and deeply rooted in their purpose, there are areas where the articulation and explicit communication of these statements could be strengthened, particularly post-bankruptcy and with their shift to being a private entity. One refinement could be to formally articulate a clear and concise vision statement that explicitly outlines their future aspirations in terms of market position, technological advancements, and global impact. While their current communications imply a vision of market leadership and profitable growth, a dedicated statement would provide greater clarity and a unified long-term goal for all stakeholders. This could be compared to industry best practices where leading companies often have distinct mission and vision statements that are easily accessible and frequently referenced. For instance, a revised vision could explicitly mention their ambition to be the leading innovator in integrated home healthcare solutions, incorporating emerging technologies. Another suggestion is to explicitly state and detail their core values on their primary 'About Us' or 'Investor Relations' sections. While their actions and communications demonstrate values like customer-centricity, innovation, quality, and social responsibility, formally listing and explaining them would enhance transparency and reinforce their corporate identity. This would provide a clearer framework for internal culture and external perception, differentiating them more explicitly from competitors. To address evolving industry trends, Invacare might need to adapt its mission and vision to explicitly embrace emerging technologies like AI and IoT integration in medical devices. The global assistive technology market is already seeing a significant trend towards AI and smart technology integration, with devices becoming smarter and more intuitive through voice recognition, sensor-based automation, and real-time feedback. Similarly, the respiratory care device market is seeing a surge in demand for compact, lightweight, and smart connectivity-enabled devices, with an estimated 75% of respiratory devices having intelligent capabilities by 2025. By explicitly incorporating a commitment to leveraging these advanced technologies for enhanced patient outcomes and independence within their mission or vision, Invacare can better align with current market conditions and evolving consumer behaviors. This would frame these suggestions as growth opportunities, positioning Invacare to capitalize on the increasing demand for advanced, connected home medical equipment and further solidify their position as a market leader in innovation. Understanding the competitive landscape is crucial when considering these strategic improvements; for more insights, explore the Competitors Landscape of Invacare.