The Medical Device Market: Australia

Publisher Name :
Date: 29-Jan-2014
No. of pages: 149

Overview

Australia is one of the richest healthcare markets in the Asia-Pacific region. The market ranks amongst the top 20 largest in the world, while per capita spending is on a par with European markets such as the Netherlands 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

Espicom Industry View   7
Espicom Industry View      7
SWOT     9
Medical Device Market      9
Political     10
Economic    11
Business Environment     12
Industry Forecast     14
Medical Device Market Forecast    14
Table: Projected Medical Device Market, 2013-2018     16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)   17
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita)  21
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total)     24
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$, % Change)  28
Consumables Market Forecast    31
Table: Consumables Market, 2008-2018 (US$mn)  32
Table: Consumables Market, 2008-2018 (US$ Per Capita)    33
Table: Consumables Market, 2009-2018 (US$mn % Change)    34
Diagnostic Imaging Market Forecast     36
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)     38
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita)   39
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)     40
Dental Products Market Forecast   42
Table: Dental Products Market, 2008-2018 (US$mn)     43
Table: Dental Products Market, 2008-2018 (US$ Per Capita)  43
Table: Dental Products Market, 2009-2018 (US$mn % Change)     44
Orthopaedics & Prosthetics Market Forecast  46
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)   47
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$ Per Capita)   47
Table: Orthopaedics & Prosthetics Market, 2009-2018 (USmn % Change)      48
Patient Aids Market Forecast     49
Table: Patient Aids Market, 2008-2018 (US$mn)    50
Table: Patient Aids Market, 2008-2018 (US$ Per Capita)   50
Table: Patient Aids Market, 2009-2018 (US$mn % Change)   51
Other Medical Devices Market Forecast    53
Table: Other Medical Devices Market, 2008-2018 (US$mn)   54
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita)  55
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)      56
Annual Medical Device Imports     59
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)      62
Table: Medical Device Imports By Product Area 2008-2012 (US$000s, % Change)     63
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)     64
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)      65
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution)      66
Table: Leading Medical Device Suppliers By Product Area (US$000s)      67
Table: Leading Medical Device Suppliers By Product Area (% Distribution)      68
Table: Top 20 Medical Device Suppliers (US$000s)  69
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)  70
Table: Detailed Medical Device Import Trends By Product Area   73
Table: Detailed Leading Medical Device Suppliers By Product Area (US$000s)      76
Monthly Medical Device Imports    80
Table: Monthly Medical Device Imports By Product Area, June 2010-June 2013 (US$mn)     80
Annual Medical Device Exports     82
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)      84
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)  85
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)     86
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)      87
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution)      88
Table: Leading Medical Device Destinations By Product Area (US$000s)   89
Table: Leading Medical Device Destinations By Product Area (% Distribution)      90
Table: Top 20 Medical Device Destinations (US$000s)     91
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)  92
Table: Detailed Medical Device Export Trends By Product Area   95
Table: Detailed Leading Medical Device Destinations By Product Area (US$000s)     99
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s)   102
Monthly Medical Device Exports     105
Table: Monthly Medical Device Exports By Product Area, June 2010-June 2013 (US$mn)  105
Macroeconomic Forecasts  108
Economic Analysis   108
Can The Construction Sector Do The Heavy-Lifting?   109
Still Downbeat On Housing Market     110
Constrained Government Policies Unlikely To Lift Building Demand    111
Chinese Stimulus Presents Upside Risks To Outlook      112
Table: Australia - Economic Activity   113
Industry Risk Reward Ratings      114
Industry Risk Reward Ratings   114
Table: Espicom Analysis of the Australian Medical Market, 2013      114
Market Overview     116
Medical Device Market Overview     116
Table: Medical Device Market, Key Ratios    117
Table: Medical Device Market By Product Area    118
Healthcare Overview     120
Table: Diagnostic Imaging Technology By Type, 2006-2012    123
Table: Diagnostic Imaging Technology Per Million Population By Type, 2006-2012  123
Table: Key Data, 2008-2013  124
Industry Trends & Developments   127
Industry Trends & Developments     127
Regulatory Development  131
Medical Device Regulations     131
Competitive Landscape   134
Domestic Medical Device Production    134
National Medical Device Manufacturers     134
Multinational Medical Device Manufacturers  138
Multinational Market Activity   140
Table: Multinational Market Activity, 2013  140
Methodology     142
Table: Used HS Trade Codes, 2013     143
Table: Rearranged HS Trade Codes, 2013    145

  • Challenges in the Tourism Industry in Thailand
    Thailand has always been a popular tourist destination and tourism provides a major boost to the country’s economy. Bangkok, Hua Hin, Krabi, Samui, Phuket and Cha Am are some of the most attractive tourist destinations in the country. In 2012, Thailand had a very high number of arrivals. Even the number of Thai citizens who [...]
  • Future of the US Consumer Electronics Market
    The market for consumer electronics has been growing steadily. Some of the factors that are contributing to the growth in the market are technological advancement, rise in disposable income and increasing demand for new products. During 2012, consumer electronics market in the US demonstrated positive expansion, although the growth rate slowed down considerably following the [...]
  • Overview of the Global Retail Market
    The global retail industry continued to grow despite the difficult economic conditions in the world. In the fiscal year of 2011, sales-weighted, currency-adjusted revenue rose by 5.1% to $4.271 trillion for the world’s top 250 retailers. According to GRDI (Global Retail Development Index), in 2013 Brazil occupied the top spot in retail development. Chile and [...]
  • Bright Future Predicted for the Tourism Industry in Singapore
    Travel and tourism industry in Singapore has been growing at a steady rate and is considered to be a major contributor to the economic growth of the country. In 2012, Singapore’s IVA (International Visitors Arrivals) reached a record high of 14.5 million, with a growth rate of 10.1% year-on-year. In recent years, inbound travel to [...]
  • Potential of Staffing Market in United States
    The staffing industry places individuals into contract, temporary and permanent positions in firms around the world. Major staffing markets include France, Spain, Italy and Japan as well as many emerging markets. Temporary staffing around the world has been growing, but in US temporary market has been flat since 2006. The majority of staffing revenue majorly [...]
  • Graft-Versus-Host Disease (GVHD) Treatment Market worth $407 million by 2018
  • The graft-versus-host disease (GVHD) treatment market value will increase from $297 million in 2013 to $407 million by 2018, at a Compound Annual Growth Rate (CAGR) of 6.59%, according to research and consulting firm GlobalData. The company’s latest report* states …

  • Poland Pharmaceutical Industry Growing at 8.3% CAGR to 2020
  • Factors such as the growing elderly population, increasing availability of affordable medicines, and transparent regulatory guidelines will provide the necessary impetus for the growth of the Polish pharmaceutical market, but a decrease in mark-up prices and the country’s stringent drug …

  • Asia-Pacific, Led by China, Drive the Global Methanol Industry
  • China is driving the global methanol industry, with tremendous demand from both its energy and petrochemicals sectors. It accounts for 87.9% of Asia-Pacific’s (APAC) methanol capacity, and 51.9% of the global methanol capacity. Despite a large planned capacity increase in …

  • Diagnostic X-ray Imaging Market worth $4.0 billion by 2020
  • GlobalData estimates that the global diagnostic X-ray imaging market, worth $2.4 billion in 2012, will reach almost $4.0 billion by 2020, increasing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. Many players are active in …

  • Graft-Versus-Host Disease Market Forecast to 2023
  • Graft-versus-host disease (GVHD) is a common complication of allogeneic hematopoietic stem cell transplantation (HSCT) that occurs when the donated (graft) cells are rejected and attack the host’s cells as foreign. GVHD can progress from mild to severe forms as either …

  • Temperature Management Market by Product (Surface & Intravascular Systems- Warming & Cooling), Application (Acute & Perioperative Care, Delivery Suite) & by End User (Surgeon & Anesthesiologist, Nursing & Paramedical Staff) – Global Forecasts & Trends to 2019
    Published: 18-Sep-2014        Price: US $4650 Onwards        Pages: 207
    The global temperature management market is estimated to grow at a CAGR of 2.4% from 2014 to 2019. Although mature markets such as the U.S., Germany, and U.K. hold larger shares in the temperature management market in 2014, the Asia-Pacific region is poised to grow at the highest CAGR of 3.4% in the next five years. Factors such as increasing government initiatives for modernization of healthcare infrastructure, growing number of hospitals and surgical centers, and rising focus of international ......
  • Global Spinal Implants Market 2014-2018
    Published: 17-Sep-2014        Price: US $2500 Onwards        Pages: 79
    About Spinal Implants Spinal implants are devices that help preserve and restore the functions of the spine by managing spinal disorders. Spinal disorders can be degenerative, deformities, trauma, and tumors. Some of the spinal disorders are spondylolisthesis, scoliosis, disc herniation, and spinal stenosis. Spinal implants are composed of metals such as titanium, titanium-alloy, and stainless steel or bioabsorbable materials. These implants are designed in different shapes and sizes as per the ......
  • Ireland Pharmaceuticals and Healthcare Report Q4 2014
    Published: 17-Sep-2014        Price: US $1295 Onwards        Pages: 78
    BMI View: The US government and the OECD recent proposals to discourage corporate inversion pose downside risk to the rate of M&A deals that opt to establish their new headquarters' domicile in Ireland, although the megatrend of consolidation within the pharmaceutical industry, including cross-border mergers and redomiciling in Ireland for tax saving purposes, is expected to continue over the near term. More broadly, due to potential acquisitive interest in different Irish pharmaceutical equitie......
  • Kazakhstan Pharmaceuticals and Healthcare Report Q4 2014
    Published: 17-Sep-2014        Price: US $1295 Onwards        Pages: 93
    BMI View: Kazakhstan's healthcare sector suffers from a lack of trained medical professionals and the inherent difficulties of providing infrastructure and access to healthcare in such a large country. However, the government continues to show its commitment to improving healthcare as it allocates more funds to constructing new health clinics across the country. Although Kazakhstan's growing pharmaceutical industry will be driven by demand for generic medicines over the medium term, we believe t......
  • Myanmar Pharmaceuticals and Healthcare Report Q4 2014
    Published: 17-Sep-2014        Price: US $1295 Onwards        Pages: 61
    BMI View: While the current medical gap will attract some foreign investors into Myanmar, we highlight that the lack of basic infrastructure and political instability will potentially affect the growth of the economy. Headline Expenditure Projections ? Pharmaceutical sales: MMK324.8bn (USD350mn) in 2013 to MMK387.5bn (USD390mn) in 2014; +19.3% in local currency terms and +11.3% in US dollar terms. Forecast unchanged from previous quarter. ? Healthcare Expenditure: MMK1,047.3bn (USD1.1bn) in 2013......
  • 2014 Deep Research Report on Global and China Diclofenac Industry
    Published: 17-Sep-2014        Price: US $2200 Onwards        Pages: 134
    This is a professional and depth research report on Global and China Diclofenac industry. The report firstly introduced Diclofenac basic information included Diclofenac definition classification application industry chain structure industry overview; international market analysis, China domestic market analysis, Macroeconomic environment and economic situation analysis, Diclofenac industry policy and plan, Diclofenac product specification, manufacturing process, cost structure etc. then statisti......
  • Slovenia Pharmaceuticals and Healthcare Report Q4 2014
    Published: 17-Sep-2014        Price: US $1295 Onwards        Pages: 91
    BMI View: Slovenia is facing deflationary pressures on consumer prices, which will impact pharmaceutical spending - especially as an increasing proportion of high-value drugs is met by co-payments. We have therefore downwardly revised our pharmaceutical forecast for 2014. A high budget deficit limits room for the new government to increase funding for health services, and we expect healthcare spending to decline this year and next, before returning to modest growth in 2016. Headline Expenditure ......
  • United States Pharmaceuticals and Healthcare Report Q4 2014
    Published: 17-Sep-2014        Price: US $1295 Onwards        Pages: 122
    BMI View: The US pharmaceutical market presents strong commercial opportunities across the industry. Total US pharmaceutical sales reached USD347.2bn in 2013 - more than three times the size of its nearest rival Japan. The US boasts the largest individual markets across the three core sub-sectors: patented, generic and over-the-counter medicines. State-level pharmaceutical markets in the country are larger than many country-level pharmaceutical markets. Headline Expenditure Projections ? Pharmac......
  • Research Report on China Foot-and-mouth Disease (FMD) Vaccine Industry, 2014-2018
    Published: 17-Sep-2014        Price: US $1800 Onwards        Pages: 50
    China is the world's largest producer and consumer of pork with the output volume accounting nearly 50% of the total. According to the statistics of agricultural production from the National Bureau of Statistics of China, the annual output volume of poultry meat was 83.73 million tons in 2013, up by 1.8% YOY. The output volume of pork was 54.93 million tons, up by 2.8%. The stock volume of hogs was 474.11 million, down by 0.4% compared to 2012. The stock volume of fattened hogs was 715.57 millio......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs