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 Investment Chapter
The Online Medical Supplies Sales industry has a low level of capital intensity, with most investment requirements in the form of warehouse space, computer equipment and warehouse staff. For every dollar spent on wages, an estimated $0.05 is expected to be spent on capital in 2016. Capital intensity increased slightly during the past five years. The change is largely due to online retailing websites becoming more popular; these businesses require less labor and more capital investment. Companies increasingly invest in technology to improve sales efficiency.
Online stores pay for technology to establish, implement and maintain their websites, through which consumers place orders... purchase to read more