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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 | Feb 2016

Good prognosis: Increasing investment in the health sector aids industry revenue growth

The Medical and Scientific Equipment Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 11-16
5.7%
Annual Growth 16-21
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Profit
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Employment
26,320
Businesses
2,147
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 SWOT Analysis Chapter

With strong growth in revenue and industry value added over the past five years, the Medical and Scientific Equipment Wholesaling industry is in a growth phase of its life cycle. Industry revenue growth is influenced by external factors, such as the level of activity in Australia's health, manufacturing and mining industries. Over the decade through 2020-21, IBISWorld estimates that value added (the industry's contribution to national GDP) will increase at an annualised 3.5%. This is higher than estimated national GDP growth over the same period, of 2.6%. This indicates that the industry will account for a greater proportion of the economy in 2020-21 than in 2010-11... 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, marketing and advertising of products, and storage and transportation of stock. Wholesalers establish relationships with manufacturers and retailers to ensure a reliable supply of and demand for 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 wholesalingVeterinary instruments or equipment wholesaling


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