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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 | Aug 2016

Picture of health: Steady demand from the health sector has supported revenue growth

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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 12-17
3.3%
Annual Growth 17-22
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Profit
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Employment
22,710
Businesses
2,141
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. In the health sector, increased government funding and demand for health services have driven demand for a range of medical and surgical equipment that the industry wholesales. In contrast, demand for electronic measuring and exploration equipment weakened on the back of a decline in the mining sector. A high proportion of the medical and scientific equipment that the industry wholesales is imported. These products come from a range of companies that supply products across many pricepoints... purchase to read more

Industry Report - Industry Locations Chapter

The number of establishments within the industry has increased over the five years through 2016-17. Industry establishments are concentrated along the eastern seaboard due to the high population in this area, and the high number of hospitals, medical facilities and other companies that require industry products. Concentration within these areas has been increasing over the past five years, with New South Wales and Victoria alone accounting for an estimated 69.3% of industry establishments in 2016-17, and 66.4% of industry revenue. Queensland also accounts for a high proportion of industry establishments and revenue due to strong population growth over the past five years.

Wholesalers are generally concentrated in areas within close proximity to their key markets... 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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