Doctor's orders: Australia's ageing population is boosting demand for medical 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.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

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 and research industries. Australia's ageing population has boosted government funding and driven demand for medical and surgical equipment from hospitals and medical centres. In contrast, demand for electronic measuring and exploration equipment has weakened due to lower demand from the mining sector. A high proportion of the medical and scientific equipment wholesaled by industry firms is imported. Products range from high-end medical diagnosis equipment manufactured in Germany and the United States, to basic medical supplies, such as bandages and swabs, from lower cost countries...

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Industry Report - Industry Locations Chapter

The number of enterprises within the industry has increased over the five years through 2016-17. Industry enterprises 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 68.6% of industry enterprises in 2016-17, and 66.4% of industry revenue. Queensland also accounts for a high proportion of industry enterprises 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. As ..

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Industry Products

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 supplies
Laboratory apparatus and furniture
Dental equipment and supplies
Surgical and medical appliances and apparatus
Measuring equipment
Process control instruments
Other 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

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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