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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Key Buyers Chapter

The Online Medical Supplies Sales industry is characterised by a low level of market share concentration. The industry is fragmented, as it has only come into existence over the last decade following increased usage of the internet and faster bandwidth speeds. The industry is in the growth stage of its economic life cycle. Accordingly, new businesses continue to enter the industry. There are no major players, but firms such as Multipoint Technologies (Medshop Australia), Livingstone International and DocStock have been successful over the past five years. These firms are expected to increase their market shares over the next five years. Nevertheless, market share concentration is expected to remain low... 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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