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Australia Medical Devices Report Q2 2016

Australia Medical Devices Report Q2 2016

BMI View: Slower economic growth and a further weakening of the Australian dollar will continue toweigh on market growth in 2016, which will be negative in US dollar terms. Government austerity measuresaimed at narrowing the budget deficit remain an additional threat to growth despite the strength of marketdrivers such as the ageing population, rising hospital admissions and the increasing prevalence of chronicage-related disease. Australia will be the slowest growing market in our Asia Pacific region.

Latest Updates and Key Forecasts

We forecast that the market will record a negative 2014-2019 CAGR of 2.3% in US dollar terms, rangingfrom -3.6% for dental products to -0.6% for orthopaedics & prosthetics. The low dollar growth ratereflects a weak AUD, which will continue to depreciate against the US dollar in 2016 and 2017,following a sharp fall in 2015. We project that the market will decline from USD5,001.4mn in 2014 toUSD4,459.7mn in 2019.

We expect import growth to remain negative in US dollar terms in 2015, due to the depreciation of theAustralian dollar and cuts in health expenditure. Imports decreased by 5.0% y-o-y in 9M15 and by 7.8%y-o-y to USD1,120.1mn over the three months to November 2015.

Despite a decrease of 12.4% in US dollar terms during the three months to November 2015 toUSD440.5mn, we expect export growth to resume in 2016 as purchasers take advantage of the weakenedAustralian dollar.

Medical device prices will be reviewed in the light of rising health insurance premiums, as part of thefederal review of private health insurance. Reform of prostheses pricing will be made a priority throughthe establishment of an industry working group comprising health insurers, device manufacturers,hospitals, clinicians and consumers.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
Latest Updates and Key Forecasts
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2009-2019 (USDmn)
Table: Consumables Market, 2010-2019 (USDmn % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2009-2019 (USDmn)
Table: Dental Products Market, 2010-2019 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USmn % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2009-2019 (USDmn)
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2009-2019 (USDmn)
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year Ending November 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Balance Of Trade, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending November 2015 (USDmn)
Industry Risk/Reward Index
Table: APAC Medical Device Risk/Reward Ratings, Q216
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2014
Table: Medical Device Market By Product Area, 2014
Healthcare Overview
Health Status
Healthcare System
Healthcare Funding
Healthcare Resources
Table: Diagnostic Imaging Technology By Type, 2006-2014
Table: Diagnostic Imaging Technology Per Mn Population By Type, 2006-2014
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends & Developments
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competent Authority
Regulations
Australia New Zealand Therapeutic Products Agency
Table: TGA Application Audit Focus
Medical Device Pricing & Reimbursement
Competitive Landscape
Domestic Medical Device Production
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Activity, 2016
Medical Device Market Access
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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