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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 | Apr 2013

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

IBISWorld’s Online Medical Supplies Sales 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$248m
Annual Growth 08-13
9.4%
Annual Growth 13-18
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Profit
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Employment
803
Businesses
98
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. Flailing business and consumer confidence had minimal impact on the industry's fortunes, as demand for medical supplies is highly inelastic given its 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. The ease of purchasing medical consumables, such as catheters, applicators, drug-testing kits, protective apparel and disposable instruments, online has resulted in strong revenue growth over the past five years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Online Medical Supplies Sales industry is in the growth phase of its life cycle, characterised by strong revenue growth, participation and a high rate of technological change. In the 10 years leading through 2017-18, industry value added is estimated to increase by an annualised 9.3%, while real GDP growth is forecast to grow by 2.4% per annum. Similar to the rest of online retailing, sales of medical supplies have grown dramatically as consumers have migrated online in droves, seeking increased choice and lower prices.

Consumables and general supplies, which account for nearly 70% of industry revenue, lend themselves well to online purchasing, as they tend to be standardised products with a high degree of familiarity to target markets... 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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