The Medical Device Market: Australia

Espicom’s in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

Australia is one of the richest healthcare markets in the Asia-Pacific region. The market ranks as the 12th largest in the world, while per capita spending is on a par with European markets such as Germany or the Netherlands.

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. The Commonwealth Government will match 45% of efficient growth funding from July 2014, and 50% of efficient growth from July 2017.

Includes 3 quarterly updated outlook reports!

Please note: Report sections are periodically updated and some sections may have been updated more recently than the publication date given for the full report. SHOW LESS READ MORE >

EXECUTIVE SUMMARY

Market for Medical Equipment & Supplies
- Introduction
- Size
- Projections
- Consumables
- Diagnostic Imaging
- Dental Products
- Orthopaedic & Implantable
- Outlook
- Government’s Healthcare Reform 2010
- Domestic manufacturing
- Domestic Production
- MTAA
- Domestic Producers
- Cochlear
- Dynamic Hearing
- Polartechnics – in administration
- ResMed
- Ventracor - liquidated
- Imports
- Consumables
- Diagnostic Imaging
- Dental
- Orthopaedic & implantable products
- Exports
- Consumables
- Diagnostic Imaging
- Dental Products
- Orthopaedic & implantable products
- Others – therapeutic respiration apparatus
- Medical Device Regulation
- ANZTPA now on hold

Analysis of the Australian Healthcare Sector
- Demographics
- Population
- Birth Rate
- Death Rate
- Infant Mortality
- Life Expectancy at Birth
- Public Health
- Incidence of Communicable Disease
- HIV/AIDS
- Incidence of Non-Communicable Disease
- Causes of Death
- Healthcare System
- Commonwealth Level
- Medicare
- State/Territory & Local Governments
- Healthcare Reform Plan 2010
- Health Expenditure
- Health Expenditure Projections
- Healthcare Infrastructure
- Inpatient Analysis
- Private Free-Standing Day Hospitals
- Hospital Outpatient Visits
- Outlook
- BreastScreen Australia to Receive New Digital Imaging Equipment
- Darwin Radiation Clinic
- Healthcare Personnel
- Physician Projections

DIRECTORY
- Healthcare Organisations
- Professional Bodies/Trade Associations

Trade Code Classifications

Methodology

Sources

List of Tables:

Summary Key Data Projections, 2010-2015
Summary of the Australian Medical Device Market, 2010
Historic Market Estimates, 2004-2008 (US$ millions)
Projected Medical Equipment Market, 2010-15 (US$ millions)
Estimated/Projected Medical Equipment Market by Category Per Capita, 2009-2015 (US$)
Espicom Analysis of the Australian Health Sector
SWOT Analysis of the Australian Medical Device Market, 2010
MTAA Members, 2010
Imports by Product Area, 2004-08 (US$000s)
Imports by Product Area, 2004-08 (% of Total)
Imports by Product Area, 2005-08 (% Change, US$ terms)
Leading Suppliers by Product Area, 2008 (US$000s)
Leading Suppliers by Product Area, 2008 (% of Total)
Imports of Medical Equipment & Supplies, 2004-08 (US$000s)
Exports by Product Area, 2004-08 (US$000s)
Exports by Product Area, 2004-08 (% of Total)
Exports by Product Area, 2005-08 (% Change, US$ terms)
Leading Destinations, 2008 (US$000s)
Leading Destinations, 2008 (% of Total)
Export Trends
Leading Destinations, 2008 (US$000s)
Summary Demographic Data
Projected Population, 2010-2015
Healthcare Expenditure, 2007/08
Projected Health Expenditure, 2010-15
Hospitals and Beds, 2007/08
Public/Private Beds by State/Territory, 2007/08
Patient Days and ALOS, 2003-04 – 2007/08
Patient Separations by State/Territory, 2007/08
Public Hospital Inpatient Separations by ICD Classification, 2007/08
Private Hospital Inpatient Separations by ICD Classification, 2007/08
Leading ICD Diagnoses, Public Hospitals, 2007/08
Leading ICD Diagnoses, Private Hospitals, 2007/08
Leading Procedures Performed in Public Hospitals, 2007/08
Leading Procedures Performed in Private Hospitals, 2007/08
Medical Practitioners, 2001-2006
Medical Practitioners by State/Territory, 2002-06
Projected Number of Physicians, 2010-15
HS Trade Codes Used in This Report
HS Trade Codes, Rearranged

- Abacus Diagnostics
- Admed Hospital Supplies
- Bellevue Medical
- Bosco Medical Australia
- Central Victorian Medical Supplies
- Device Technologies Australia
- Emagin
- Endotherapeutics
- Equipmed
- Fas Therapeutic Equipment
- Gammasonics Institute For Medical Research
- Hoyland Medical
- J. Wisbey & Associates
- Lamp Technology International
- Livingstone International
- Mcfarlane Medical
- Mcneil Surgical
- Md & Urology Solutions
- Medeleq
- Medtel
- Neomedix Systems
- Nucletron (Australia)
- N. Stenning & Company
- Optech Diagnostic & Surgical
- Reef Medical
- Sonic Innovations
- Southern Cross Hospital Supplies
- Sydmed
- Taylor Bryant
- Cochlear
- Cochlear Sales By Region, 2007 (A$ Millions)
- Dynamic Hearing
- Polartechnics
- Resmed
- Ventracor