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

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.


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?

In line with the overall population of Australia, enterprise locations are mainly concentrated on the eastern states of Australia. Enterprises located in New South Wales, Victoria and Queensland are estimated to account for over 80% of all industry enterprise numbers. New South Wales commands the highest share, followed by Victoria. Firms tend to be located in Sydney and other areas in New South Wales because this state has the highest population, and because being located in this state allows firms to ship to Victoria, Queensland and the Australian Capital Territory with ease. Victoria's large population and healthcare system has also created a strong environment for industry businesses to grow. Ove...

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Additional Insights for the Online Medical Supplies Sales Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Online Medical Supplies Sales Industry are

  • Ability to control stock on hand
  • Ability to quickly adopt new technology
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Public health expenditure and Demand from health services in the Online Medical Supplies Sales industry impact industry performance..

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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 Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Public health expenditure
  • Demand from health services
  • Population aged 50 and older
  • Internet connections

  • Current Performance
  • Demographics
  • Industry structure
  • Profitability and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Innovation and demand
  • Competition and profit
  • Table: Online Medical Supplies Sales Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Online Medical Supplies Sales Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • General Hospitals
  • General Practice Medical Services
  • Specialist Medical Services
  • Dental Services
  • Optometry and Optical Dispensing
  • Diagnostic Imaging Services
  • Consumers

  • Key Selling Industries
  • Courier Pick-up and Delivery Services
  • Medical and Scientific Equipment Wholesaling
  • Medical and Surgical Equipment Manufacturing
  • Telecommunications Services
  • Textile Product Wholesaling

  • Products & Services
  • Consumables and general supplies
  • Surgical and medical instruments
  • Surgical and medical diagnostic equipment
  • Dental equipment and supplies
  • Other medical supplies
  • Chart: Online Medical Supplies Sales Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • General practice medical firms
  • Specialist medical firms
  • Other healthcare firms
  • Pathology and diagnostic imaging firms
  • Dental service firms
  • Consumers
  • Optometry and optical firms
  • Chart: Major Market Segmentation for the Online Medical Supplies Sales Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Online Medical Supplies Sales

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Online Medical Supplies Sales Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Online Medical Supplies Sales Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Online Medical Supplies Sales Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Ecg Monitors
  • Diagnostic equipment for electrocardiography.
  • Ict
  • Information and communication technologies.
  • Sponsor
  • A person or company legally responsible for supplying a medical device in Australia.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Online Medical Supplies Sales:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Online Medical Supplies Sales market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Online Medical Supplies Sales, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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