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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 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
$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 Analysis Chapter

The Online Medical Supplies Sales industry has been injected with a new vitality. The industry has benefited from dramatic growth in online retailing, driven by increased internet penetration and mainstream consumer acceptance of e-commerce technologies. Weaker economic conditions and macroeconomic fears have done little to dampen industry growth, as demand for medical supplies is inelastic due the essential nature of the products. Demand from general and specialist practice medical firms has remained steady, while demand from allied healthcare services (such as therapists, dieticians and podiatrists) has grown strongly over the past five years... 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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