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 2015

Well equipped: The ageing population will drive demand for medical and surgical equipment

IBISWorld’s Medical and Scientific Equipment Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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 health funding and demand for health services have driven demand for a range of medical and surgical equipment from the industry.

Industry revenue is estimated to rise by an annualised 6.0% in the five years through 2014-15, to $15.5 billion. This includes strong revenue growth of 11.4%... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates that the top four players account for 8.9% of industry revenue in 2014-15, although concentration levels will be higher in certain segments, such as specialised medical equipment. This concentration level has remained relatively stable in the past five years as there are limited opportunities for firms to significantly increase market share levels due to the large size of the total industry.

The main reason for low overall concentration in the industry is the broad range of products offered and markets served. The industry is relatively fragmented due to the high number of specialist products that are provided to end users. No company dominates the industry, although several firms have high market shares in particular niche market segments... 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 including establishing relationships with manufacturers and retailers to ensure a 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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