The Online Medical Supplies Sales industry has boomed over the five years to 2017. Demand for medical supplies has grown as a result of greater public and private health spending, continued innovation and new product introductions. Growth of e-commerce and the shift from brick-and-mortar stores to online retailers have also helped industry revenue surge. Consequently, industry revenue is expected to continue growing strongly over the five years to 2022. However, proposed changes in state tax laws over the next five years pose a threat to industry profitability.
This industry includes online retailers of medical supplies, which includes 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.