Medical & Orthopaedic Supplies Retailers in the UK - Industry Market Research Report

Aiding growth: The UK's ageing population is expected to support industry revenue growth in 2023-24

The Medical and Orthopaedic Supplies Retailers industry has endured tough operating conditions. The NHS is a significant opponent, offering free treatments and products to qualifying patients. Competitive threats from the private sector, pharmacy chains and dispensing chemists have persisted. Additionally, online-only operators have expanded their product offerings and captured market share from specialist retailers. Despite this, over the five years through 2023-24 revenue is expected to expand at an overall compound annual rate of 3.6%, reaching £1.4 billion. 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 and online-only retailers. 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.