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