Medical Supplies Wholesaling in the US Industry Market Research Report from IBISWorld Has Been Updated
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The Medical Supplies Wholesaling industry distributes dental and medical supplies and equipment intended to improve or maintain health. Demand for wholesale activities associated with these products is highly correlated with demand for the products themselves. The median age of the population has risen over the past five years; as a result, the number of age-related nonelective procedures performed in the US increased as well. Accordingly, the Medical Supplies Wholesaling industry has exhibited robust revenue growth in the five years to 2014, with the exception of a temporary decline during the recession. In particular, demand for medical devices used in elderly care (including neurological and cardiovascular products) has increased over this period and is expected to continue rising during the next five years.
In addition to increased demand, rising product prices have also contributed to industry growth. Over the past five years, according to IBISWorld Industry Analyst
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Operators in the Medical Supplies Wholesaling industry 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 and opticians.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
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Products & Services
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Market Share Concentration
Key Success Factors
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Capital Intensity
Key Statistics
Industry Data
Annual Change
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