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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 2013

Instrumental growth: Gains in healthcare and research industries boost industry revenue

IBISWorld’s Medical and Scientific Equipment Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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
2,389
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

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical and Scientific Equipment Wholesaling Industry?

Firms in this industry wholesale scientific, medical or other professional equipment. Most wholesalers in the industry undertake sales and administrative activities such as 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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