Australia Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
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Australia Medical Devices Report
Product Price
$1,295.00

BMI View : Slower economic growth and a further weakening of the Australian dollar will continue to weigh on market growth in 2016 . On a more positive note, industry will benefit from health reforms and business-friendly measures outlined in the pro-growth pre-election budget for FY2016/17. D espite the strength of market drivers such as the ageing population, rising hospital admissions and the increasing prevalence of chronic age-related disease we expect Australia will be the slowest growing market in our Asia Pacific region.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 5,001.4 211.7 5,549.4 234.8 1.1
2015 4,181.4 174.8 5,650.5 236.2 1.4
2016 4,049.9 167.2 5,785.6 238.8 1.4
2017 4,107.8 167.5 5,953.3 242.7 1.4
2018 4,311.5 173.6 6,159.4 248.0 1.4
2019 4,459.7 177.4 6,371.0 253.4 1.4

Latest Updates And Key Forecasts

  • We forecast that the market will record a negative 2014-2019 CAGR of 2.3% in US dollar terms, ranging from -3.6% for dental products to -0.6% for orthopaedics & prosthetics. The low dollar growth rate reflects a weak AUD, which will continue to depreciate against the US dollar in 2016 and 2017, following a sharp fall in 2015.

  • Imports increased by 2.7% y-o-y to USD1,035.3mn over the three months to February 2016 and we are optimistic that this is a precursor to modest growth in 2016, a view strengthened by the increased allocation for health in the government's May budget.

  • We expect a comparatively weak export performance in 2016 despite the competitive advantages of a depreciating Australian dollar. Export fell by 10.8% in US dollar terms during the three months to February 2016 to USD395.0mn.

  • The medical device industry will benefit from a series of initiatives in the Federal Budget for FY2016/17 (July-June) designed to improve patient outcomes and make Australia a more attractive place to invest and innovate. In particular, the health budget includes a reform package designed to speed up the uptake of new medical technology.

BMI Industry View
7
Table: Australia - Headline Renewables Forecasts
7
SWOT
9
Industry Forecast
10
Australia Renewables Forecast Scenario
10
Latest Updates
10
Structural Trends
12
Table: Total Electricity Generation Data And Forecasts (Australia 2014-2019)
15
Table: Total Electricity Generation Data And Forecasts (Australia 2020-2025)
16
Table: Electricity Generating Capacity Data And Forecasts (Australia 2014-2019)
17
Table: Electricity Generating Capacity Data And Forecasts (Australia 2020-2025)
18
Australia Renewables Projects Database
19
Table: Australia - Top 10 Renewables Projects By Capacity (MW)
19
Industry Risk Reward Index
20
Australia Renewables Risk/Reward Index
20
Rewards
20
Risks
20
Market Overview
22
Sustainable Energy Policy And Infrastructure
22
Targets
22
Subsidies
23
Infrastructure
24
Competitive Landscape
25
Hydro Tasmania
25
AGL Energy
25
Pacific Hydro
26
Origin Energy
26
Solar Systems
27
Glossary
28
Table: Glossary Of Terms
28
Methodology
29
Methodology And Sources
29
Industry Forecast Methodology
29
Sources
31
Risk/Reward Index Methodology
31
Table: Renewables Risk/Reward Index Indicators
33
Table: Weighting Indicators
34

The Australia Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Australia provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Australia Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Australia, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Australia.
  • Target Business Opportunities in the Australia Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Australia.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.