Industry Analysis & Industry Trends
The Medical and Scientific Equipment Wholesaling industry is expected to record moderate revenue growth over the five years through 2013-14, supported by steady demand growth from the health sector, medical centres and research industries. The mining boom has also provided opportunities for professional equipment wholesalers through increased demand for electronic measuring and exploration equipment. In the health sector, steady growth in government spending and demand for health services has driven demand for a wide range of medical and surgical equipment from the industry. Industry revenue is forecast to rise by an annualised 1.8% in the five years through 2013-14, to $11.0 billion. This includes relatively low growth in 2009-10, followed by steady increases in subsequent years... purchase to read more
Industry Report - Industry Products Chapter
The two main product groups in the industry are medical and surgical equipment, and scientific and professional equipment. Medical and surgical equipment accounts for approximately two-thirds of industry revenue, while scientific and professional equipment accounts for the remaining one-third. These proportions are estimated to have remained relatively stable over the five years through 2013-14.
Surgical and medical appliances and apparatus
The medical and surgical equipment segment covers a broad range of products, such as medical, surgical, ophthalmic, dental, diagnostic and veterinary equipment, instruments and apparatus. The largest category in this segment is surgical and medical appliances and apparatus, such as X-ray machines and medical monitoring equipment... purchase to read more