The Medical and Orthopaedic Supplies Retailers industry is forecast to perform strongly over the five years through 2015-16. Its largest market, those aged 65 and over, is growing as the UK population ages. This means the industry's products are in greater demand because an older population is more likely to need products and services that help with mobility and hearing defects. The development of more technologically advanced products has also spurred demand. Over the five years through 2015-16, industry revenue is expected to increase at a compound annual rate of 5.6%.
Operators in this industry retail medical and orthopaedic equipment, including mobility aids, hearing aids and other orthopaedic equipment. Operators also test and fit customers with the products. This industry excludes wholesaling and optical product retailing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.