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Online Medical Supplies Sales in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Medical Supplies Sales Market Research Report | Online Retail | Online Pharmaceutical, Health & Beauty | May 2016

Positive diagnosis: Demand from the aging population and e-commerce growth will spur sales

IBISWorld’s Online Medical Supplies Sales 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
6.6%
Annual Growth 16-21
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Profit
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Employment
7,650
Businesses
3,017
Industry Analysis & Industry Trends

The Online Medical Supplies Sales industry has boomed over the past five years, and this trend is projected to continue over the next five years.Demand for medical supplies has grown as a result of greater public and private health spending, continued innovation and new product introductions. Growth of e-commerce and the shift from brick-and-mortar stores to online retailers have also helped industry revenue surge.Favorable demographics have boosted demand for industry services over the five-year period. As the population ages, consumers need more healthcare procedures, which require medical supplies.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

In the 10 years to 2021, industry value added, which measures the Online Medical Supplies Sales industry's contribution to the US economy, is expected to increase an average annual rate of 5.6%. Meanwhile, US GDP is forecast to grow at an annualized rate of 2.2% over the same period. These rates indicate that the industry is in the growth phase of its life cycle because its growth rate outpaces GDP over a 10-year period. Rising industry participation and new forms of business also indicate a growing industry.

Over the 10 years to 2016, the number of online medical supply retailers is expected to increase at an average annual rate of 5.8%, indicating an expanding industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Medical Supplies Sales Industry?

This industry includes online retailers of medical supplies, which includes equipment and tools used in healthcare for diagnosis, therapy or surgery. Industry operators sell products such as topical treatments and dressings, antiseptics, bandages, cotton, first aid kits, syringes, ice bags, thermometers and heating pads. The industry does not include retailers of nutritional supplements, vitamins, personal care products, eyeglasses and contact lenses.

Industry Products
Other medical suppliesSurgical instrumentsSurgical and medical catheters Surgical and medical diagnostic apparatusSurgical and medical syringes and hypodermic needles Surgical and medical blood transfusion and IV equipment Dental equipment and suppliesOrthopedic and prosthetic appliances and supplies
 
Industry Activities
Retailing medical suppliesMarketing medical supplies


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