Industry Analysis & Industry Trends
The Medical and Scientific Equipment Wholesaling industry has grown strongly over the past five years, supported by steady demand growth from the health sector, medical centres and research industries. Increased demand for electronic measuring and exploration equipment as a result of the mining boom has also provided opportunities for industry wholesalers over this time. In the health sector, strong growth in government funding and demand for health services have driven demand for a range of medical and surgical equipment wholesaled by the industry.
Industry revenue is expected to rise by 5.7% annualised over the five years through 2015-16, to $16.1 billion... purchase to read more
Industry Report - Industry Locations Chapter
The number of establishments within the industry has increased over the five years through 2015-16. Industry establishments are concentrated along the eastern seaboard due to the high population in this area, and the high number of hospitals, medical facilities and other companies that require industry products. Concentration within these areas has been increasing over the past five years, with New South Wales and Victoria alone accounting for an estimated 67.6% of industry establishments in 2015-16, and 66.4% of industry revenue. Queensland also accounts for a high proportion of industry establishments and revenue due to strong population growth and increased mining activity over the past five years... purchase to read more