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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 | Sep 2013

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

IBISWorld’s Online Medical Supplies Sales 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 08-13
10.0%
Annual Growth 13-18
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Profit
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Employment
5,708
Businesses
1,081
Industry Analysis & Industry Trends

Positive diagnosis

Online medical supplies sales will experience strong growth over the next five years, driven by an aging population and increasing penetration of the internet. Growing broadband use from customers will encourage online sales, and demand for medical supplies will pick up as obesity and other health issues become more prevalent. Nevertheless, if it passes a law to collect sales tax will likely constrain the industry's growth.... purchase to read more

Industry Report - Industry Analysis Chapter

The Online Medical Supplies Sales industry has been resilient to economic downturns. While the recession negatively affected spending on medical supplies, the growth of e-commerce and the increasing shift from brick-and-mortar shopping to online has helped industry revenue surge. In fact, from 2012 to 2013, revenue is estimated to rise 10.5% to $4.4 billion. Over the past five years, growth was also supported by hospitals and other healthcare providers restocking supplies and tending to more patients (who were able to afford healthcare services again). The growth of e-commerce and the growing shift from brick-and-mortar shopping to online has also helped boost industry revenue. IBISWorld estimates revenue will increase at an average annual rate of 10.0% during the five years to 2013... 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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