Medical Supplies Wholesaling in the US
Medical Supplies Wholesaling industry revenue has increased steadily as the number of age-related nonelective procedures performed in the United States has increased, due primarily to the median age of the population increasing. Rising product prices have also supported industry growth. Overall, industry revenue increased over the five years to 2018. Furthermore, revenue is projected to continue to rise over the five years to 2023 as healthcare providers continue to invest in new equipment to keep up with growing demand for healthcare services. New product development by medical device manufacturers will also contribute to industry growth by offering new solutions to health issues affecting the increasingly aging US population.
Medical supplies wholesalers: purchase medical and surgical equipment, instruments and supplies; store these items at distribution centers; and deliver these products and related services to medical and dental practitioners, clinics and hospitals. The industry does not handle instruments and goods that are distributed to ophthalmologists, optometrists, veterinarians and opticians. This industry also does not include pharmaceutical sales.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook