Online Medical Supplies Sales in the US - Industry Market Research Report

Online Medical Supplies Sales in the US - Industry Market Research Report

  • March 2020 •
  • 34 pages •
  • Report ID: 5103992 •
  • Format: PDF
Positive prognosis: Greater public and private health spending has boosted demand for industry products

Abstract

Online Medical Supplies Sales
The Online Medical Supplies Sales industry has boomed over the five years to 2018 due to favorable demographics boositng demand for industry services. As the population ages, consumers typically need more healthcare procedures, which require medical supplies. Growth of this relatively new industry has also coincided with the increasing ubiquity of internet access, particularly broadband. The easier and more affordable it is to connect to the internet, the more accessible online retailers are, making consumers more likely to purchase from industry operators. As a result, industry revenue is anticipated to increase over the five years to 2018. Industry revenue is expected to continue growing over the five years to 2023. Projected growth during the outlook period can be attributed to continued product innovation and greater public and private health spending.

This industry includes online retailers of medical supplies, which include equipment and tools used in healthcare for diagnosis, therapy or surgery. Industry operators sell products such as topical treatments and dressings, antiseptics, bandages, cotton, first aid kits, syringes, ice bags, thermometers and heating pads. The industry does not include retailers of nutritional supplements, vitamins, personal care products, eyeglasses and contact lenses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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