Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 7.5 % over the past five years, to reach an estimated $4.1bn in 2024.
Trends and Insights
An ageing population aids demand for scientific goods wholesaling
- Growth in the population aged 50 and older has led to higher demand for health and medical services. This demographic shift has fuelled demand for medical and surgical equipment.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Shifts in government functions threaten to place downwards pressure on wholesale pricing
- In 2022, Health New Zealand (Te Whatu Ora) was created as part of government reforms that led to the disestablishment of 20 district health boards. By mid-2025, all hospital medical devices purchased by Health New Zealand hospitals will come from a national list. Pharmac is responsible for collating the national list of devices and negotiating contracts.
Biggest companies in the Professional and Scientific Goods Wholesaling in New Zealand
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
EBOS | 490.2 | |
Medtronic New Zealand Limited | 146.8 | |
Baxter Healthcare | 117.3 |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Medical and surgical appliances and apparatus, Medical and surgical instruments and supplies and Dental equipment and supplies. Medical and surgical appliances and apparatus is the largest segment of the Professional and Scientific Goods Wholesaling in New Zealand.
Trends and Insights
Robust price growth incites an uptick in medical and surgical appliances and apparatus' revenue
- Medical and surgical appliances and apparatus represent the largest product segment. This segment includes medical devices like X-ray machines, CT scanners, other irradiation apparatus, and medical imaging and monitoring equipment.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Industry operators are primarily engaged in scientific, medical or other professional equipment wholesaling. Firms in the industry also wholesale aeronautical, dental, mathematical, navigation and optical equipment. Photographic equipment wholesaling is excluded from industry activities.
What's included in this industry?
Medical and surgical appliances and apparatusMedical and surgical instruments and suppliesMeasuring and analytical equipmentDental equipment and suppliesLaboratory apparatusCompanies
EBOSMedtronic New Zealand LimitedBaxter HealthcarePurchase this report to view all 7 major companies in this industry.
Related Terms
MEDICAL TECHNOLOGY ASSOCIATION OF NEW ZEALANDDENSOMETERMRIIndustry Code
ANZSIC 3491 - Professional and Scientific Goods Wholesaling in New Zealand
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Government initiatives like the Research and Development Tax Initiatives (RDTI) have upheld wholesalers' revenue growth. Climbing R&D expenditures have had a positive flow-on...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Medical and surgical equipment have enabled secure revenue streams as they're often seen as essential goods. Government funding and expenditures on the health system have lif...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Most professional and scientific goods are imported from foreign-based manufacturers. For this reason, Auckland is an essential region, with Ports of Auckland Limited handlin...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Price competition is intense because of the significant number of wholesalers and the extensive range of professional and scientific equipment available for purchase. Even so...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The Professional and Scientific Goods industry comprises many smaller wholesalers that cater to niche markets. Wholesalers primarily dealing with healthcare tend to have high...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of EBOS's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Medtronic New Zealand Limited's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Baxter Healthcare's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 4 additional companies
Detailed analysis
- Description and key data for EBOS, and factors influencing its performance in the industry
- Description and key data for Medtronic New Zealand Limited, and factors influencing its performance in the industry
- Description and key data for Baxter Healthcare, and factors influencing its performance in the industry
- Description, key data and performance trends for 4 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Medical and surgical equipment and supplies account for a significant portion of wholesalers' revenue. That's why changes in New Zealand's total health expenditure are a cruc...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Fluctuations in the New Zealand dollar influence purchase costs. A depreciating New Zealand dollar pushed up the cost of purchasing equipment from overseas markets. Supply ch...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Professional and Scientific Goods Wholesaling industry in New Zealand in 2024?
The market size of the Professional and Scientific Goods Wholesaling industry in New Zealand is $4.1bn in 2024.
How many businesses are there in the Professional and Scientific Goods Wholesaling in New Zealand industry in 2024?
There are 455 businesses in the Professional and Scientific Goods Wholesaling industry in New Zealand, which has grown at a CAGR of 1.2 % between 2019 and 2024.
Has the Professional and Scientific Goods Wholesaling industry in New Zealand grown or declined over the past 5 years?
The market size of the Professional and Scientific Goods Wholesaling industry in New Zealand has been growing at a CAGR of 7.5 % between 2019 and 2024.
What is the forecast growth of the Professional and Scientific Goods Wholesaling industry in New Zealand over the next 5 years?
Over the next five years, the Professional and Scientific Goods Wholesaling industry in New Zealand is expected to grow.
What are the biggest companies in the Professional and Scientific Goods Wholesaling market in New Zealand?
The biggest companies operating in the Professional and Scientific Goods Wholesaling market in New Zealand are EBOS, Medtronic New Zealand Limited and Baxter Healthcare
What does the Professional and Scientific Goods Wholesaling in New Zealand include?
Medical and surgical appliances and apparatus and Medical and surgical instruments and supplies are part of the Professional and Scientific Goods Wholesaling industry.
Which companies have the highest market share in the Professional and Scientific Goods Wholesaling in New Zealand?
The company holding the most market share in New Zealand is EBOS.
How competitive is the Professional and Scientific Goods Wholesaling industry in New Zealand?
The level of competition is high and increasing in the Professional and Scientific Goods Wholesaling industry in New Zealand.
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Competitors
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Complementors
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Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in New Zealand include:
- Statistics New Zealand
- New Zealand Company Register
- Ministry of Business, Innovation & Employment
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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