MEDICAL TECHNOLOGIES AND PHARMACEUTICALS
The Medical technologies and pharmaceuticals Growth Sector includes the research and development, production and wholesale of medical technologies, devices and pharmaceutical goods as well as related services.
KEY FINDINGS
More than half of businesses in Medical technologies and pharmaceuticals introduced at least one kind of innovation during the year ended 30 June 2014 (53%).
Overall, 60% of businesses in Medical technologies and pharmaceuticals were innovation-active.
Summary of IT use and innovation, for businesses within Medical technologies and pharmaceuticals, key indicators, 2013-14 |
|
 |  | Medical technologies and pharmaceuticals(a) |
 |  | % |
|
Businesses that: |  |
 | placed orders via the internet | 72.0 |
 | received orders via the internet | 59.3 |
Businesses that introduced any new or significantly improved:(b) |  |
 | goods or services | 33.2 |
 | operational processes | 27.4 |
 | organisational/managerial processes | 27.4 |
 | marketing methods | 29.6 |
Businesses that introduced innovation (innovating businesses) | 53.3 |
Businesses with innovative activity that was:(b) |  |
 | still in development(c) | 39.8 |
 | abandoned | 9.1 |
Businesses with any innovative activity (innovation-active businesses) | 59.9 |
|
(a) Proportions are of businesses defined as being in the Medical technologies and pharmaceuticals Growth Sector. |
(b) Businesses may be counted in more than one category. |
(c) As at the end of the reference period 30 June 2014. |
For the purposes of this survey, the Medical technologies and pharmaceuticals Growth Sector is defined as employing Australian businesses classified within the following ANZSIC Classes:
1841 Human pharmaceutical and medicinal product manufacturing
1842 Veterinary pharmaceutical and medicinal product manufacturing
2411 Photographic, optical and ophthalmic equipment manufacturing
2412 Medical and surgical equipment manufacturing
3491 Professional and scientific goods wholesaling
3720 Pharmaceutical and toiletry goods wholesaling