Scrub in: As Texans age, the industry will benefit from increased demand for medical supplies

Over the five years to 2017, the Medical Supplies Wholesaling industry in Texas has experienced healthy and steady growth. A number of favorable macroeconomic and demographic factors have bolstered industry growth during the period. While the burgeoning population of aging Texans has boosted demand for healthcare services, changes brought on by healthcare reform have expanded access to medical care. The industry has further benefited from rising public and private funding to support medical technology innovation in the state. As a result of these trends, the industry is expected to grow, displaying low volatility during the five-year period. Over the next five years, the Medical Supplies Wholesaling industry in Texas is poised for robust growth...read more.

Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 12-17
3.4%
Forecast Growth 17-22
Profit
Employment
14,882
Businesses
1,102
What Our Customers Say

Industry Threats & Opportunities

  • Industry operators have benefited from an influx of public and private funding to support life science innovation in Texas
  • With more new products in the pipeline, demand for technologically advanced medical devices has risen
  • In addition to the aging population, the industry will benefit from the rising number of insured Texans
  • Additional Insights for the Medical Supplies Wholesaling in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Supplies Wholesaling in Texas 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 Total health expenditure in Texas in the Medical Supplies Wholesaling in Texas industry impact industry performance..

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    What is the Medical Supplies Wholesaling in Texas Industry?

    Medical supplies wholesalers in Texas purchase medical and surgical equipment, instruments and supplies. These items are stored in distribution centers, and then delivered 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
  • 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

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of physician visits
  • Total health expenditure in Texas
  • Federal funding for Medicare and Medicaid
  • Research and development expenditure
  • Number of adults aged 65 and older in Texas

  • Current Performance
  • Heightened foot traffic
  • Emerging medtech cluster
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Favorable demographic trends
  • Keeping the pipeline full
  • Table: Medical Supplies Wholesaling in Texas Industry Revenue Outlook

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

  • 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
  • Orthopedic and prosthetic appliances and supplies
  • Dental equipment, instruments, and supplies
  • Other
  • Pharmaceutical Supplies
  • Chart: Medical Supplies Wholesaling in Texas Industry Products and Services Segmentation

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

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Medical Supplies Wholesaling in Texas

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Supplies Wholesaling in Texas Industry

  • BG MedicalCardinal Health Inc.HealthlineHenry Schein Inc.McKesson CorporationOwens & Minor Inc.
  • Table: BG Medical - financial performance
  • Table: Cardinal Health Inc. - financial performance
  • Table: Healthline - financial performance
  • Table: Henry Schein Inc. - financial performance
  • Table: McKesson Corporation - financial performance
  • Table: Owens & Minor Inc. - financial performance

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

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Medical Supplies Wholesaling in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total health expenditure in Texas (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    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.
  • Why buy this report?

    IBISWorld’s Medical Supplies Wholesaling in Texas Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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
    • Quickly build competitive intelligence
    This report on Medical Supplies Wholesaling in Texas:
    • 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 Texas 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 Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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