What is the Fertility Clinics industry?
The Fertility Clinics industry has a medium level of capital intensity, which is typical for a medical service industry that uses extensive medical equipment, although in some instances equipment may be leased to reduce capital expenditure outlays or reduce the risk of obsolescence. In 2015-16, IBISWorld estimates that industry players require $7.79 worth of labour for every dollar of capital invested.
The industry's largest costs are related to labour, given a clinic's reliance on its doctors, nurses and specialist medical staff to differentiate itself from other players in the industry. In 2015-16, wages are expected to account for just under 33.0% of revenue, with the average wage exceeding $100,000 per annum... purchase to read more