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. Increased demand for electronic measuring and exploration equipment as a result of the mining boom has also provided opportunities for industry wholesalers. 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 an annualised 5.7% in the five years through 2015-16, to $16.1 billion. Industry revenue grew strongly in 2012-13, rising by 8.3%... 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. This covers a broad range of products such as medical, surgical, ophthalmic, dental, diagnostic and veterinary equipment, instruments and apparatus. Scientific and professional equipment products account for the remaining revenue. These proportions are expected to remain relatively stable over the five years through 2015-16... purchase to read more