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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 | Jun 2015

Private patients: Growth in private health insurance membership has boosted revenue

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
$65bn
Annual Growth 11-16
4.9%
Annual Growth 16-21
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Profit
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Employment
375,455
Businesses
95
Industry Analysis & Industry Trends

Public and private general hospitals provide acute care to patients. Government-funded public hospitals receive the majority of their funding from state governments and the Federal Government, while private hospitals generate revenue from private health benefit payments and out-of-pocket patient costs. Demand for general hospitals has surged over the past five years, due to Australia's rapidly ageing population and the prevalence of chronic illness among adults. Private hospitals have received a further boost from increased private health insurance membership. Industry revenue is forecast to increase by a compound annual rate of 4.9% over the five years through 2015-16, to be worth $65.0 billion... purchase to read more

Industry Report - Industry Locations Chapter

The location of hospitals in Australia (both public and private) largely reflects the distribution of the population. Other factors include the age distribution of the population, birth rates, household incomes and government health policies. The distribution of general hospitals among each state generally follows population distribution.

Larger population centres tend to be serviced by larger hospitals that can attain greater economies of scale through sheer size and the ability to service more patients. This results in an under-representation in the number of hospitals compared with population size in larger states such as New South Wales and Victoria... 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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