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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 | May 2014

An industry well equipped: Steady demand growth offsets rising competition and import costs

IBISWorld’s Medical and Scientific Equipment Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 09-14
1.8%
Annual Growth 14-19
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Profit
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Employment
17,200
Businesses
2,112
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 expected 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 SWOT Analysis Chapter

With steady revenue and value added growth in the past five years, the Medical and Scientific Equipment Wholesaling industry is in a mature phase of its life cycle. Industry growth is influenced by external factors, such as the level of activity in Australia's health, manufacturing and mining industries. Over the decade through 2018-19, IBISWorld estimates that value added (the industry's contribution to national GDP) will increase at an annualised 1.6%, which is lower than estimated national GDP growth over the same period of 2.6%.

An ageing population along with rising expectations of health services contributes to industry demand, which positively affects government and private spending by the health sector on capital equipment... 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 the 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
Aeronautical instruments wholesalingDental instruments or equipment wholesalingMathematical instruments wholesalingMedical equipment and instruments wholesalingMeteorological instruments or equipment wholesalingNautical instruments wholesalingOphthalmic instruments wholesalingSeismic instruments wholesalingSurveying instruments wholesalingVeterinarians' instruments or equipment wholesaling


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