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General Hospitals in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

General Hospitals Market Research Report | ANZSIC Q8401 | Apr 2013

In high demand: Revenue rises as population ages and chronic illness increases

IBISWorld’s General Hospitals market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 08-13
4.3%
Annual Growth 13-18
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Profit
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Employment
340,000
Businesses
97
Industry Analysis & Industry Trends

Hospitals occupy an integral place in Australia's healthcare system, providing care for people with acute illness.

The General Hospitals industry comprises about 84,000 beds in 1,330 hospitals, and is expected to generate revenue of $54 billion in 2012-13. This represents revenue growth of 4.4% from the previous year. Industry revenue is projected to increase at an annualised 4.3% in the five years through 2012-13. Demand for hospital services continues to be driven by Australia's ageing population, the prevalence of chronic illness among adults, technological change in the services provided, and rising household incomes.

The industry accounts for about one-third of the revenue generated by Australia's entire healthcare sector. There are currently about 3.9... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the industry are considered to be high, due mainly to government controls over a free public hospital system and over the licensing of new hospital beds.

In addition, the cost of building and accrediting a new hospital can be significant and it can take time to obtain a critical mass of patients to ensure viability. Community awareness and referral relationships with medical practitioners, insurers and other hospitals must be established.

Subsequent consolidation in the private hospital industry segment may indicate rising barriers to entry. Consolidation of the industry reflects the availability of economies of scale... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the General Hospitals Industry?

General hospitals provide diagnostic, medical and surgical services and continuous inpatient nursing care. Also included are establishments that provide both hospital facilities and training of medical and nursing staff.

Industry Products
Other public hospitalsPublic tertiary hospitalsPrivate hospitals
 
Industry Activities
Children's hospital operationEar, nose and throat hospital operationEye hospital operationGeneral hospital operation (except psychiatric, dental and veterinary hospitals)Infectious diseases hospital operation (including human quarantine stations)Maternity hospital operationObstetric hospital operationWomen's hospital operation


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