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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 2015

The right medicine: The ageing population and consumer acceptance of e-tailers drive 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
$295m
Annual Growth 10-15
9.6%
Annual Growth 15-20
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Profit
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Employment
826
Businesses
105
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 have 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 - 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 2019-20, industry value added is expected to increase by an annualised 5.5%, significantly higher than annualised GDP growth of 2.7%, 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 suppliesRetail sale of medical supplies


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