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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 | Jan 2014

Healthy budget: Government health expenditure drives industry growth

IBISWorld’s General Hospitals market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$56bn
Annual Growth 09-14
3.8%
Annual Growth 14-19
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Profit
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Employment
355,434
Businesses
96
Industry Analysis & Industry Trends

General hospitals provide acute care, and are split between government-funded public hospitals and private hospitals. Public hospitals receive the majority of their funding from state governments and the Federal Government, while private hospitals primarily source their revenue from private health insurers and out-of-pocket patient costs. Demand for general hospitals has surged over the past five years due to Australia's ageing population and the prevalence of chronic illness among adults. Private hospitals have gained further benefits from steady increases in private health insurance coverage. As a whole, the General Hospitals industry is forecast to grow 3.8% annualised over the five years through 2013-14 to be worth $56.4 billion... purchase to read more

Industry Report - Industry Products Chapter

Industry services can be broken down into different types of hospitals: public tertiary hospitals, other public hospitals and private hospitals. The hospital a patient chooses to visit generally depends on circumstance and the treatment required. The segments vary between procedure capabilities, out-of-pocket cost to patients and waiting times.

Hospital patients are increasingly being discharged on the day of admission, but a discrepancy between public and private hospitals exists. According to the AIHW, same-day separations account for 50.9% of all separations in the public system compared with 68.7% in the private system. This indicates that the public hospital system performs more emergency services than the private hospital system... 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. The industry also includes 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 (excluding 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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