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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 2014

Healthy demand: The rapidly ageing population drives industry growth

IBISWorld’s General Hospitals market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$57bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
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Profit
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Employment
355,434
Businesses
96
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 benefits and out-of-pocket patient costs. General hospital demand 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 an extra boost due to widening private health insurance coverage across the population. Overall, industry revenue is forecast to increase by a compound annual 4.0% over the five years through 2013-14, to be worth $56.9 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 50.3% of all separations in the public system compared with 68.9% in the private 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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