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Online Medical Supplies Sales in Australia: 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 | May 2014

Growth injection: The ageing population and consumer acceptance of e-tailers drive growth

IBISWorld’s Online Medical Supplies Sales market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$270m
Annual Growth 09-14
10.1%
Annual Growth 14-19
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Profit
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Employment
810
Businesses
101
Industry Analysis & Industry Trends

The Online Medical Supplies Sales industry has performed strongly over the past five years, driven by the overall growth in online retailing and robust demand conditions in downstream markets. Poor business and consumer confidence had minimal impact on the industry's fortunes, as demand for medical supplies is highly inelastic given their essential nature. To staff and equip clinics, medical practitioners and institutions rely on federal and state government funding, which has increased strongly over the past five years. This funding growth has been driven in part by Australia's ageing population... purchase to read more

Industry Report - Starting a New Business Chapter

Moderate entry barriers exist for the Online Medical Supplies Sales industry. The most notable entry barriers for prospective participants are the need for strong supplier contacts, capital start-up costs, and regulatory requirements.

However while prospective entrants need to be aware of existing players, the level of market share concentration remains low and there is significant room for new players.

Procurement

The ability for firms in the industry to procure equipment and instruments for sale presents a barrier for new firms. Prospective entrants will need contacts or experience within the medical industry... 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 health care for diagnosis, therapy or surgery. Industry operators also sell products such as topical treatments and dressings, antiseptics, bandages, cotton, first-aid kits, syringes, thermometers and heating pads.

Industry Products
Surgical and medical instrumentsSurgical and medical diagnostic equipmentConsumables and general supplies Dental equipment and supplies Other medical supplies
 
Industry Activities
Retail sale of medical suppliesRetail sale of medical supplies


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