Industry Analysis & Industry Trends
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 Investment Chapter
The Online Medical Supplies Sales industry has a moderate 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 $0.27 is expected to be spent on capital in 2013. 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.
While the level of capital investment is moderate relative to labor costs in the industry, the requirements for setting up an online medical supplies store are relatively minimal... purchase to read more