Medical and Scientific Equipment Wholesaling in Australia - Market Research Report

Medical and Scientific Equipment Wholesaling industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.2%

Rising demand from the health sector and a range of other industries and organisations has supported the Medical and Scientific Equipment Wholesaling industry's performance over the past five years. Australia's ageing population has both boosted government funding for healthcare and driven demand for a range of medical and surgical equipment products from hospitals and medical centres over the period. In contrast, demand for electronic measuring and exploration equipment has fallen over the past five years due to mixed demand from the mining sector. Industry firms import a high proportion of the medical and scientific equipment that they sell. These imported industry products range from high-end medical diagnosis equipment manufactured in countries s...
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Medical and Scientific Equipment Wholesaling industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Medical and Scientific Equipment Wholesaling industry is forecast to continue performing well over the next five years. Greater demand for healthcare services is anticipated to drive demand for medical and surgical equipment in hospitals and other healthcare centres. Furthermore, as Australia's population ages, governments are projected to steadily increase their spending on healthcare services, increasing demand for industry products. Revenue and growth drivers Industry revenue is projected to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X billion. The Australian dollar is forecast to appreciate slightly over the next five years, reducing prices for imported industry goods. Furthermore, high industry competition wi...
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Medical and Scientific Equipment Wholesaling industry statistics

  • attach_money Market Size: $18bn
  • business Number of Businesses: 2,389
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 25,740

Biggest companies in the Medical and Scientific Equipment Wholesaling industry

The companies holding the largest market share in the Medical and Scientific Equipment Wholesaling in Australia industry include Medtronic Australasia Pty Ltd.

  • pie_chart Medtronic Australasia Pty Ltd Market Share: x.x%
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What is Medical and Scientific Equipment Wholesaling industry?

Industry Definition

Industry firms wholesale scientific, medical and other professional equipment. Most industry operators sell, market, store and transport products. Wholesalers establish relationships with manufacturers and retailers to ensure a reliable supply of, and demand for, stock.

Industry Products and Services

  • Surgical and medical instruments and supplies
  • Laboratory apparatus and other instruments
  • Dental equipment and supplies
  • Surgical and medical appliances and apparatus
  • Measuring equipment
  • Process control instruments

Industry Activities

  • Aeronautical instruments wholesaling
  • Dental instruments or equipment wholesaling
  • Mathematical instruments wholesaling
  • Medical equipment and instruments wholesaling
  • Meteorological instruments or equipment wholesaling
  • Nautical instruments wholesaling
  • Ophthalmic instruments wholesaling
  • Seismic instruments wholesaling
  • Surveying instruments wholesaling
  • Veterinary instruments or equipment wholesaling

Market research report - table of contents

Industry Definition

Industry firms wholesale scientific, medical and other professional equipment. Most industry operators sell, market, store and transport products. Wholesalers establish relationships with manufacturers and retailers to ensure a reliable supply of, and demand for, stock.

Main Activities

  • Aeronautical instruments wholesaling
  • Dental instruments or equipment wholesaling
  • Mathematical instruments wholesaling
  • Medical equipment and instruments wholesaling
  • Meteorological instruments or equipment wholesaling
  • Nautical instruments wholesaling
  • Ophthalmic instruments wholesaling
  • Seismic instruments wholesaling
  • Surveying instruments wholesaling
  • Veterinary instruments or equipment wholesaling

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The size of the Australian health sector influences domestic demand for medical and surgical equipment. Federal and state governments subsidise a signific...
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Total health expenditure
Trade-weighted index
Demand from scientific research services
Demand from manufacturing

Current Performance

Medical and surgical equipment
Professional and scientific equipment
Profitability, wages and enterprises
 Chart: Revenue Growth

Industry Outlook

Professional and scientific equipment
Profit and industry participation
Currency risks and industry issues
 Table: Medical and Scientific Equipment Wholesaling in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Medical and Scientific Equipment Wholesaling in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Mining
Scientific Research Services in Australia
University and Other Higher Education in Australia
Health Services in Australia



Key Selling Industries

Medical and Surgical Equipment Manufacturing in Australia
Measurement and Other Scientific Equipment Manufacturing in Australia





Products & Services

The Medical and Scientific Equipment Wholesaling industry's two main product groups are medical and surgical equipment, and scientific and professional eq...
Private medical practices and hospitals
Industry and mining firms
Other sectors
Dentists
Research organisations

Demand Determinants

Several factors influence demand for medical and surgical equipment products from the industry. These factors include the total demand for health services...
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Major Markets

Private medical practices and hospitals
Industry and mining firms
Other sectors
Dentists
Research organisations


 Chart: Major Market Segmentation for the Medical and Scientific Equipment Wholesaling in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has low market share concentration, with the top four players projected to account for approximately 12% of industry revenue in 2019-20. This...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Medical and Scientific Equipment Wholesaling in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Medical and Scientific Equipment Wholesaling in Australia - Market Research Report Industry

Industry Globalization

Medtronic Australasia Pty Ltd is the Australian subsidiary of Ireland-based Medtronic plc, which is listed on the New York Stock Exchange. Medtronic plc i...
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Medtronic

 Table: Medtronic - financial performance

Capital Intensity

The industry's capital intensity is determined by the ratio of capital costs to labour costs. Businesses in the industry tend to spend significantly more ...
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 Chart: Level of Capital Intensity for the Medical and Scientific Equipment Wholesaling in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Medical and Scientific Equipment Wholesaling in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

IRRADIATION APPARATUS

OPHTHALMIC

RESEARCH AND DEVELOPMENT (R&D)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Medical and Scientific Equipment Wholesaling industry?

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This report on Medical and Scientific Equipment Wholesaling in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Medical and Scientific Equipment Wholesaling in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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