Medical Supplies Wholesaling in the US
The Medical Supplies Wholesaling industry distributes dental and medical supplies and equipment intended to improve or maintain health. Over the five years to 2019, the median age of the population rose; as a result, the number of age-related, nonelective procedures performed in the United States increased as well. Accordingly, industry revenue is expected to increase over the five years to 2019. Over the five years to 2024, industry revenue is projected to continue growing. Revenue is expected to rise 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 is also expected to contribute to industry growth by offering new solutions to health issues.
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.
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