Medical Supplies Wholesaling in Texas
Over the five years to 2017, the Medical Supplies Wholesaling industry in Texas has experienced healthy and steady growth. A number of favorable macroeconomic and demographic factors have bolstered industry growth during the period. While the burgeoning population of aging Texans has boosted demand for healthcare services, changes brought on by healthcare reform have expanded access to medical care. The industry has further benefited from rising public and private funding to support medical technology innovation in the state. As a result of these trends, the industry is expected to grow, displaying low volatility during the five-year period. Over the next five years, the Medical Supplies Wholesaling industry in Texas is poised for robust growth. The industry will continue to benefit from the growing population of senior adults and insured Texans that will boost demand for medical procedures and supplies. Strengthening research and development activity in the state will also be a boon to industry growth.
Medical supplies wholesalers in Texas purchase medical and surgical equipment, instruments and supplies. These items are stored in distribution centers, and then delivered 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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