Market Research Logo

Analysis of the Australian Endoscopy Devices Market, Forecast to 2019

Analysis of the Australian Endoscopy Devices Market, Forecast to 2019

Australia's population has been increasing, with a significant proportion aged 65 and above. Disease profiles have been changing toward more lifestyle-related diseases, and healthcare facilities must prepare to treat the same. The Australian endoscopy devices market is growing due to the rising demand for minimally invasive procedures, driven by reduced procedure time and increased results efficacy due to better diagnostics equipment. In addition, the aging population and increased consolidation of the fragmented market help to expand the addressable market for endoscopes. Market growth is hindered by factors such as high capital investments, along with poor physician training and expertise. This limits the uptake of minimally invasive procedures in the country. However, the rising trend of day surgeries, coupled with the increased uptake of insurance, will drive scopes usage.

Australian healthcare is likely to see continued demand, with the public sector making most of the healthcare spending. The country will face challenges in terms of the rising trend of chronic diseases, along with the expanding aging population, which increases the pressure on the healthcare sector. Private sector spending accounts for approximately 32.2% of the total healthcare spending. Private hospitals and day surgeries account for 66% of the elective surgeries in Australia. Laparoscopic/endoscopic procedures will gradually replace open procedures due to reduced body invasion, cost-effectiveness, decreased post-operative pain, and shorter recovery time. A significant proportion of common procedures such as appendectomy, cholecystectomy, and hernia repair are already being carried out as laparoscopic/endoscopic procedures.

Marginal growth is expected in the number of hospitals and hospital beds in Australia, mainly driven by growth in private facilities as public facilities are focused on improving existing facilities. The emphasis on the reduction of hospital burden is fueled by public facility improvements and a focus on both primary care and disease prevention.

Australia is seeing a shift toward specialist roles over general practitioners, with a higher physician-to-population ratio than the OECD country average. Public hospitals account for the highest admission rates, although most of the procedures are conducted in private hospitals. Rising health awareness boosts the need for diagnostics and screening.

This insight focuses on the endoscopy devices market in Australia, and it offers in-depth coverage on the urology, general surgery, gynecology, and imaging and energy systems segments. It also supplies a detailed overview of devices and procedures, and it uses data from both secondary and primary interviews with key industry participants. The forecast period runs through to 2019.

  • Executive Summary
    • Key Findings
    • Scope and Segmentation
    • Key Questions this Study will Answer
    • Market Engineering Measurements
  • Market Overview
    • Market Background
    • Market Segmentation
  • Market Landscape
    • Overview
    • Healthcare Expenditure
    • Hospital Facilities
      • Table Number of Hospitals and Hospital Beds Breakdown, Australia, 2014
      • Table Private Hospital Statistics, Australia, 2015
    • Hospital Admissions
    • Physician Specialization
    • Key Associations
    • Hospital Procurement
    • Insurance
    • Disease Profile
      • Table Disease Trends, Australia, 2011-2016
    • Usage of Scopes in Major Surgeries
      • Table Usage of Scopes in Major Surgeries, Australia, 2016-2019
  • Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends
    • Market Engineering Measurements
      • Table Total Endoscopy Devices Market: Market Engineering Measurements, Australia, 2016
    • Revenue Forecast
      • Table Total Endoscopy Devices Market: Revenue Forecast, Australia, 2015-2019
    • Revenue Forecast Discussion
    • Competitive Environment
  • Urology Analysis
    • Urology Endoscopy Devices Market
  • General Surgery Analysis
    • General Surgery Endoscopy Devices Market
  • Gynecology Analysis
    • Gynecology Endoscopy Devices Market
  • Imaging Systems Analysis
    • Endoscopy Imaging Systems
  • Energy Systems Analysis
    • Endoscopy Energy Systems
  • Key Companies to Watch
    • Karl Storz-Australia Company Profile
    • Olympus-Australia Company Profile
    • Stryker-Australia Company Profile
    • Medtronic-Australia Company Profile
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1-Imaging Hub and Training
    • Growth Opportunity 2-3D Printing and Robotics
    • Growth Opportunity 3-IT Integrative Solutions
    • Growth Opportunity 4-Health Awareness, Screening, and Diagnostics
    • Growth Opportunity 5-Urology, Robotics, and Automation
    • Strategic Imperatives for Success and Growth
  • Appendix
    • List of Common Abbreviations Used

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report