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Medical Supplies Wholesaling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical Supplies Wholesaling Market Research Report | NAICS 42345 | May 2017

Steady pulse: The aging population and new technologies will spur slow but steady growth

IBISWorld’s Medical Supplies Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$194bn
Annual Growth 12-17
1.9%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
218,294
Businesses
13,223
Industry Threats & Opportunities
  • Revenue will rise as healthcare providers continue to invest in new equipment to keep up with growing demand for healthcare services
  • Demand for medical supplies has increased as a result of the rising age of the US population
  • The aging baby-boomer generation will fuel demand for hospital products
  • ... purchase to read more

Industry Analysis & Industry Trends

Medical Supplies Wholesaling industry revenue has increased steadily as the number of age-related nonelective procedures performed in the United States has increased, due primarily to the median age of the population increasing. Rising product prices have also supported industry growth. Revenue is projected to rise over the five years to 2022 as healthcare providers continue to invest in new equipment to keep up with growing demand for healthcare services. New product development by medical device manufacturers will also contribute to industry growth by offering new solutions to health issues... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Medical Supplies Wholesaling industry is in the mature stage of its life cycle. The industry's contribution to the economy, measured by industry value added (IVA), is projected to grow at the same pace as GDP over the 10 years to 2022. IBISWorld expects IVA to increase at an annualized rate of 3.7%, compared with an estimated 2.1% annualized growth for GDP. Medical supplies wholesalers have been supported by demand for healthcare services driven by the growth in the senior population. However, as an established industry, operators have not developed new services or techniques that significantly boost demand.

Additionally, new industry markets are limited. Businesses from the health services sector continue to be the key buyers of industry products. Thi.. ... purchase to read more

Additional Insights for the Medical Supplies Wholesaling Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Supplies Wholesaling 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 industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Medical Supplies Wholesaling 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 suppliesSurgical, medical and hospital instruments and equipmentOrthopedic and prosthetic appliances and suppliesDental equipment, instruments and suppliesPharmaceuticals, cosmetics and toiletries
     
    Industry Activities
    Purchasing medical supplies from manufacturersStoring medical supplies at distribution centersProviding delivery of medical supplies and related services to medical and dental professionalsProviding 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
  • Current Performance
  • Rising regulations
  • Demand shapes the industry
  • Chart: Revenue Growth
  • Industry Outlook
  • Population continues to age
  • New products keep demand strong
  • Profitability and consolidation
  • Table: Medical Supplies Wholesaling Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Supplies Wholesaling 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 instruments and equipment
  • Surgical, medical and hospital supplies
  • Orthopedic and prosthetic appliances and supplies
  • Dental equipment, instruments and supplies
  • Other
  • Pharmaceuticals, cosmetics and toiletries
  • Chart: Medical Supplies Wholesaling Industry Products and Services Segmentation
  • Demand Determinants
  • Business demand
  • Patient demand
  • Major Markets
  • Hospitals
  • Clinics
  • Alternate care providers
  • Dentists
  • Chart: Major Market Segmentation for the Medical Supplies Wholesaling Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Medical Supplies Wholesaling
  • Basis of Competition
  • Price
  • Product quality and selection
  • Service reliability
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Supplies Wholesaling Industry
  • Industry Globalization
    Major Companies
    Cardinal Health Inc.
    Owens & Minor Inc.
  • Table: Cardinal Health Inc. - financial performance
  • Table: Owens & Minor Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Supplies Wholesaling 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 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 physician visits (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • 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.

  • Why Buy this Report?
    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:
    • 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 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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