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Medical and Scientific Equipment Wholesaling in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical and Scientific Equipment Wholesaling Market Research Report | ANZSIC F3491 | Sep 2014

Well equipped: The ageing population will drive demand for medical and surgical equipment

IBISWorld’s Medical and Scientific Equipment Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
6.0%
Annual Growth 15-20
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Profit
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Employment
25,710
Businesses
2,119
Industry Analysis & Industry Trends

The Medical and Scientific Equipment Wholesaling industry has recorded strong revenue growth over the past five years, supported by steady demand growth from the health sector, medical centres and research industries. The increased demand for electronic measuring and exploration equipment as a result of the mining boom has also provided opportunities for professional equipment wholesalers. In the health sector, high growth in government spending and demand for health services have driven demand for a wide range of medical and surgical equipment from the industry. Industry revenue is expected to rise by an annualised 6.0% in the five years through 2014-15, to $15.5 billion. This included strong revenue growth in 2012-13 of... purchase to read more

Industry Report - Industry Analysis Chapter

Industry revenue growth is expected to be strong over the five years through 2014-15, supported by two key sectors: health and research. The mining boom has also provided opportunities for professional equipment wholesalers through increased demand for electronic measuring and exploration equipment. Further, increased government spending and demand for services in the health sector have driven demand for medical and surgical equipment. IBISWorld estimates that industry revenue will increase at an annualised 6.0% over the five years through 2014-15 to $15.5 billion. This includes growth of 3.1% during 2014-15... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical and Scientific Equipment Wholesaling Industry?

Firms in the industry wholesale scientific, medical or other professional equipment. Most wholesalers in the industry undertake sales and administrative activities including establishing relationships with manufacturers and retailers to ensure a reliable supply and demand of stock, marketing and advertising of products, and storage and transportation of stock.

Industry Products
Surgical and medical instruments and suppliesLaboratory apparatus and furnitureDental equipment and suppliesSurgical and medical appliances and apparatusMeasuring equipmentProcess control instrumentsOther instruments
 
Industry Activities
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