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Report Detail

The Medical Device Market: Australia

Publisher Name :
Date: 16-Apr-2013
No. of pages: 76

Australia is one of the richest healthcare markets in the Asia-Pacific region. The market ranks as the 13th largest in the world, while per capita spending is on a par with European markets such as France or Finland.

Around 75% of the market is located in the three states of New South Wales, Victoria and Queensland, situated on the south and east coasts. Much of the rest of the country is very sparsely inhabited.

Healthcare provision is a mixture of public and private. Public expenditure is largely funded by the Commonwealth (central) Government, while private expenditure is largely funded through insurance.

While there are a few small high tech manufacturers, local production tends to concentrate on basic hospital supplies. The market is therefore predominantly supplied by imports, which have grown rapidly since 2001. Imports are
principally supplied by the USA, with which Australia has developed close trading links.

In August 2011, after months of negotiation, the Commonwealth Government signed an agreement with all States and Territories to formalise the National Health Reform plan. Designed to improve funding to hospitals and to reduce patient waiting times, the plan will see the Commonwealth Government invest at least A$16.4 billion (US$16.0 billion) in additional funding for public hospitals over the period 2014-15 to 2019-20. The Commonwealth Government will match 45% of efficient growth funding from July 2014, and 50% of efficient growth from July 2017.

The Medical Device Market: Australia

Table Of Contents

Executive Summary     1
Key Background Data        3
Geographic       3
Political     3
Economic       3
Healthcare System      4
Commonwealth Level     4
Medicare     4
State/Territory & Local Governments     4
National Health Reform      4
Health Expenditure      5
Marke t De vel opments     7
Imports and exports continue to grow in 2012     7
New Royal Adelaide Hospital      7
New Perth Children’s Hospital      7
NSW Medical Devices Fund established for 2012-2013     7
New Acute Wing to open in Sydney      7
Sydney Children's Hospital wing due to open in 2013    7
Me dical Marke t Analysis    8
Overview       8
The Market in 2012    9
Past Performance 2007-11     10
Future Performance 2012-17         11
The Australian Market for Consumables      17
The Australian Market for Diagnostic Imaging       19
The Australian Market for Dental Products      21
The Australian Market for Orthopaedic & Prosthetic Products     23
The Australian Market for Patient Aids     25
The Australian Market for Other Medical Devices       27
Annual Imports      29
Consumables      30
Diagnostic Imaging     30
Dental Products      30
Orthopaedic & Prosthetic Products       30
Patient Aids        30
Monthly Imports      47
Annual Exports         48
Consumables      49
Diagnostic Imaging     49
Dental Products      49
Orthopaedic Products    49
Patient Aids        49
Monthly Exports      65
Domes tic Production      66
MTAA    66
Domes tic Manufacturing      67
Local Manufacturers         67
Advanced Surgical Design & Manufacture     67
Ansell     67
Cochlear    67
Dynamic Hearing     68
Multinational Manufacturers    68
Baxter      68
CareFusion     68
The Cooper Companies      68
Danaher    68
Fresenius       68
Paul Hartmann     68
ResMed      68
Multinational Activity        70
Access ing the Marke t        71
Medical Device Regulation     71
ANZTPA now on hold      72
Methodology & Sources     73
Trade Code Classifications    73
Methodology    75
Sources     76

List of Tables

Espicom Analysis of the Australian Medical Market, 2013      2
Summary of Key Data Projections, 2013-18     3
Summary of Key Data, 2006-12     6
Australian Medical Device Market, Key Ratios, 2012      8
Australian Medical Device Market by Category, 2012      9
Projected Medical Device Market, 2012-17    11
The Australian Medical Device Market, 2007-17 (US$ millions)      12
The Australian Medical Device Market, 2007-17 (US$ per capita)        14
The Australian Medical Device Market, 2007-17 (% of Total)    15
The Australian Medical Device Market, 2007-17 (% Change)     16
The Australian Consumables Market, 2007-17 (US$ millions)      17
The Australian Consumables Market, 2007-17 (US$ Per Capita)     17
The Australian Consumables Market, 2007-17 (% Change)        17
The Australian Diagnostic Imaging Market, 2007-17 (US$ millions)    19
The Australian Diagnostic Imaging Market, 2007-17 (US$ Per Capita)      19
The Australian Diagnostic Imaging Market, 2007-17 (% Change)      20
The Australian Dental Products Market, 2007-17 (US$ millions)        21
The Australian Dental Products Market, 2007-17 (US$ Per Capita)    22
The Australian Dental Products Market, 2007-17 (% Change)       22
The Australian Orthopaedic & Prosthetic Products Market, 2007-17 (US$ millions)    23
The Australian Orthopaedic & Prosthetic Products Market, 2007-17 (US$ Per Capita)       23
The Australian Orthopaedic & Prosthetic Products Market, 2007-17 (% Change)      24
The Australian Patient Aids Market, 2007-17 (US$ millions)     25
The Australian Patient Aids Market, 2007-17 (US$ Per Capita)       25
The Australian Patient Aids Market, 2007-17 (% Change)     25
The Australian Other Medical Devices Market, 2007-17 (US$ millions)      27
The Australian Other Medical Devices Market, 2007-17 (US$ Per Capita)        27
The Australian Other Medical Devices Market, 2007-17 (% Change)      28
Summary Medical Imports by Product Area, 2007-11 (US$000s)        31
Summary Medical Imports by Product Area, 2007-11 (US$000s % Change)      31
Summary Medical Imports by Product Area, 2007-11 (A$ 000s)      32
Summary Medical Imports by Product Area, 2007-11 (AS$ % Change)    32
Summary Medical Imports by Product Area, 2007-11 (% of Total)    33
Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s)      34
Top 20 Suppliers to the Australian Market, 2011 (US$000s)     35
Detailed Imports of Medical Equipment, 2007-11 (US$000s)     36
Detailed Imports of Medical Equipment, 2007-2011 (Growth Trends)    39
Detailed Imports, Leading Suppliers, 2011 (US$000s)      43
Monthly Imports of Medical Equipment (US$ Millions)      47
Summary Medical Exports by Product Area, 2007-11 (US$000s)      50
Summary Medical Exports by Product Area, 2007-11 (US$000s % Change)    50
Summary Medical Exports by Product Area, 2007-11 (A$ 000s)        51
Summary Medical Exports by Product Area, 2007-11 (AS$ % Change)    51
Summary Medical Exports by Product Area, 2007-11 (% of Total)      52
Leading Medical Equipment Destinations by Product Area, 2011 (US$000s)    53
Top 20 Destinations for Australian Exports, 2011 (US$000s)     54
Detailed Exports of Medical Equipment, 2007-11 (US$000s)     55
Detailed Exports of Medical Equipment, 2007-2011 (Growth Trends)     57
Detailed Exports, Leading Destinations, 2011 (US$000s)      60
Balance of Medical Trade, 2007-2011 (US$000s)     63
Monthly Exports of Medical Equipment (US$ Millions)      65
HS Trade Codes Used in This Report     73
HS Trade Codes, Rearranged     74

List of Charts

Australian Medical Device Market by Category, 2012 (%)       9
Change in the Australian Medical Device Market, 2007-17 (%)       10
CAGR of the Australian Medical Device Market by Product Area, 2007-17 (%)      10
Market Projections, 2012-17 (US$ millions)      11
Projected CAGR of Medical Device Market by Product Area, 2012-17 (%)     12
The Australian Market for Consumables, 2007-17 (US$ millions)       18
The Australian Market for Consumables, 2007-17 (CAGR)        18
The Australian Market for Diagnostic Imaging, 2007-17 (US$ millions)       20
The Australian Market for Diagnostic Imaging, 2007-17 (CAGR)       21
The Australian Market for Dental Products, 2007-17 (US$ millions)     22
The Australian Market for Dental Products, 2007-17 (CAGR)    23
The Australian Market for Orthopaedic & Prosthetic Products, 2007-17 (US$ millions)       24
The Australian Market for Orthopaedic & Prosthetic Products, 2007-17 (CAGR)      24
The Australian Market for Patient Aids, 2007-17 (US$ millions)       26
The Australian Market for Patient Aids, 2007-17 (CAGR)       26
The Australian Market for Other Medical Devices, 2007-17 (US$ millions)         28
The Australian Market for Other Medical Devices, 2007-17 (CAGR)     28
Medical Equipment Imports, 2003-11 (US$000s)     29
Change in Medical Equipment Imports, 2004-11 (%)       29
CAGR of Medical Imports by Product Area, 2007-11 (%)       33
Medical Equipment Imports by Product Area, 2011 (%)       34
Leading Medical Equipment Suppliers, 2011 (%)     35
Medical Equipment Exports, 2003-11 (US$000s)     48
Change in Medical Equipment Exports, 2004-11 (%)       48
CAGR of Medical Exports by Product Area, 2007-11 (%)     52
Medical Equipment Exports by Product Area, 2011 (%)     53
Leading Medical Equipment Destinations, 2011 (%)      54

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