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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 2016

Alive and kicking: The ageing population and prevalence of online shopping have driven 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
$320m
Annual Growth 11-16
9.5%
Annual Growth 16-21
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Profit
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Employment
850
Businesses
108
Industry Analysis & Industry Trends

The Online Medical Supplies Sales industry has performed strongly over the past five years, driven by growth in online retailing and robust demand conditions in downstream markets. Poor business and consumer confidence have had minimal effect on the industry's fortunes, as demand for medical supplies is inelastic given their essential nature. Medical practitioners and institutions rely on federal and state government funding to staff and equip clinics, and this funding has increased strongly over the past five years. Australia's ageing population has partly driven funding growth. The ease purchasing medical consumables online, such as catheters, applicators, drug-testing kits, protective apparel and disposable instruments, has also driven 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, growing participation and a high rate of technological change. In the 10 years through 2020-21, industry value added is expected to increase by an annualised 5.2%, significantly higher than annualised GDP growth of 2.6%, suggesting that the industry is outperforming the general economy. Similar to the rest of online retailing, sales of medical supplies have grown dramatically as businesses and consumers have migrated online in droves, seeking increased choice and lower prices... 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 include 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 supplies


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