Supply and demand: The industry will benefit from an aging population and increased demand for healthcare services

Operators in the Medical Supplies Wholesaling industry distribute dental and medical supplies and equipment used in healthcare procedures. Demand for industry products is directly associated with demand for healthcare services, as industry products are necessary for medical procedures. The industry has a much lower market share concentration than the national industry. However, companies have been attempting to gain more market share through mergers and acquisitions. Over the five years to 2022, industry growth is projected to continue as demand for healthcare services is anticipated to remain strong in California. The industry will also benefit from an aging poulation and increased investment in research and development...purchase to read more.

Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 12-17
1.6%
Forecast Growth 17-22
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Profit
x.x%lock
Employment
32,137
Businesses
1,677
Market Share of Companies

Industry Threats & Opportunities

  • Merger and acquisition activity will continue to define the industry as companies attempt to gain more market share
  • The aging baby-boomer population is supporting demand for industry products
  • The aging population and growing insured population will continue to increase industry demand

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    Industry Report - Industry Key Buyers Chapter

    The Medical Supplies Wholesaling industry has a low level of concentration in California. No industry operator accounts for more than 5.0% of total revenue. Instead, the industry is dominated by small operators that specialize in particular products. However, over the past five years, operators have moved toward consolidation to gain more market share and negotiating power. As a result, the number of operators is expected to increase at an annualized rate of 1.1% to 1,523 over the five years to 2017...purchase to read more.

    Additional Insights for the Medical Supplies Wholesaling in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Supplies Wholesaling in California Industry are

  • Guaranteed supply of key inputs
  • Having an extensive distribution/collection network
  • Complementary services

    • IBISWorld analysts also discuss how external factors such as Number of physician visits and Federal funding for Medicare and Medicaid in the Medical Supplies Wholesaling in California industry impact industry performance..

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    What's in this report

    Industry Products

    What is the Medical Supplies Wholesaling in California Industry?

    Medical supplies wholesalers purchase medical and surgical equipment, instruments and supplies, store these items at distribution centers and deliver these products and related services to medical and dental practitioners, clinics and hospitals. The industry does not handle instruments and goods that are distributed to ophthalmologists, optometrists, veterinarians and opticians. This industry also does not include pharmaceutical sales.

    Industry Products
  • Surgical, medical and hospital equipment
  • Surgical, medical and hospital supplies
  • Orthopedic and prosthetic appliances and supplies
  • Dental equipment, instruments and supplies
  • Pharmaceutical supplies
  • Other equipment and supplies
    • Industry Activities
  • Purchasing medical supplies from manufacturers
  • Storing medical supplies at distribution centers
  • Providing delivery of medical supplies and related services to medical and dental professionals
  • Providing resource management and consulting services
    • Table of Contents

    About this Industry

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources

    Industry at a Glance

    Industry Statistics Snapshot
    Industry Structure
    Executive Summary

    Industry Performance

    Executive Summary
    Key External Drivers
  • Number of physician visits
  • Federal funding for Medicare and Medicaid
  • Research and development expenditure
  • Number of Adults Aged 65 and Older in California

    • Current Performance
  • Rising Demand
  • Consolidation
  • Chart: Revenue Growth

    • Industry Outlook
  • Changing demographics
  • Continued consolidation
  • Table: Medical Supplies Wholesaling in California Industry Revenue Outlook

    • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Supplies Wholesaling in California Industry Lifecycle vs The Economy

    • Products & Markets

    Supply Chains
    Key Buying Industries
  • Primary Care Doctors
  • Specialist Doctors
  • Dentists
  • Chiropractors
  • Psychologists, Social Workers & Marriage Counselors
  • Emergency & Other Outpatient Care Centers
  • Diagnostic & Medical Laboratories
  • Hospitals
  • Specialty Hospitals

    • Key Selling Industries
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Medical Device Manufacturing
  • Medical Instrument & Supply Manufacturing

    • Products & Services
  • Surgical, medical and hospital equipment
  • Surgical, medical and hospital supplies
  • Dental equipment, instruments and supplies
  • Orthopedic and prosthetic appliances and supplies
  • Other equipment and supplies
  • Pharmaceutical supplies
  • Chart: Medical Supplies Wholesaling in California Industry Products and Services Segmentation

    • Major Markets
  • Hospitals
  • Clinics
  • Alternative care providers
  • Dentists
  • Chart: Major Market Segmentation for the Medical Supplies Wholesaling in California Industry

    • Business Locations
    Chart: Business Locations by State

    Competitive Landscape

    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Medical Supplies Wholesaling in California

    • Basis of Competition
  • External competition

    • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Supplies Wholesaling in California Industry

    • Major Companies

    Cardinal Health Inc., Independence Medical, LA Medical Wholesale, Owens & Minor Inc., Wellness Medical Equipment and Supplies,
  • Table: Cardinal Health Inc. - financial performance
  • Table: Independence Medical - financial performance
  • Table: LA Medical Wholesale - financial performance
  • Table: Owens & Minor Inc. - financial performance
  • Table: Wellness Medical Equipment and Supplies - financial performance

    • Operating Conditions

    Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Supplies Wholesaling in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

    • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

    • Regulation & Policy
    Industry Assistance

    Key Statistics

    Table: Industry Data for the Medical Supplies Wholesaling in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of adults aged 65 and older in California (2008-2022)

    • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data

    Jargon & Glossary

    Electronic Data Interchange
  • The transmission of electronic documents between businesses from one computer system to another.
    • Group Purchasing Organization
  • A group of businesses that form to leverage their purchasing power and gain discounts from vendors based on their collective buying power.
    • Health Maintenance Organization
  • A type of managed care organization that provides a form of healthcare coverage that is fulfilled through providers with which the HMO has a contract.
    • Point-Of-Sale
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
    • Radio-Frequency Identification
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
    • Wholesale Bypass
  • A trend within retail and manufacturing industries where producers supply goods directly to retailers, eliminating the need for independent wholesalers.
    • What Our Customers Say
    Why buy this report?

    The Medical Supplies Wholesaling in California industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Medical Supplies Wholesaling in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Medical Supplies Wholesaling in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Medical Supplies Wholesaling in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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