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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

The General Hospitals market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 SWOT Analysis Chapter

This industry is in a growth phase of its life cycle as demand for hospital services grows to meet the ageing of the Australian population. There has been strong growth in the number of patients treated, with much of the current focus on healthcare policy directed towards addressing the needs of the ageing population and the growing prevalence of chronic illness such as diabetes and heart disease.

Industry value added (IVA) measures the industry's contribution to the overall economy. IVA is forecast to climb by 3.5% annualised over the 10 years through 2018-19, which exceeds the projected growth in Australia's real GDP of an annualised 2.5% over the same period... 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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