Overview

Booster shot: Revenue rises due to the ageing population and an increase in online shopping

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

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. Weak growth in business confidence and volatile consumer sentiment over the period have not significantly affected industry revenue growth because demand for medical supplies is inelastic. 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...

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What is the Online Medical Supplies Sales industry?

The Online Medical Supplies Sales industry is expected to have a low level of capital intensity as measured by the capital to labour ratio. Industry players are estimated to require $10.94 worth of wages for every dollar of capital invested in 2016-17. Similar to other online retail industries, industry participants do not require large amounts of capital to compete. Initial investments are restricted to computer equipment, ecommerce technology and rental space, along with access to an inventory of supplies. However, industry retailers must ensure that all products intended for sale meet the legislative requirements set out by the Therapeutic Goods Administration and entered into the Australian Register of Therapeutic Goods...

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Products & Brands

Major products in this industry
Surgical and medical instruments
Surgical and medical diagnostic equipment
Consumables and general supplies
Dental equipment and supplies
Other medical supplies

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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