Nursing Homes in Australia: Market Research Report

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

Nursing Homes Market Research Report | ANZSIC Q8601a | Jul 2014

The good life: Nursing homes will provide more specialised care and extra fee-based services

IBISWorld’s Nursing Homes 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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Nursing homes provide 24-hour high-level care for residents typically aged over 70, and for severely disabled younger people. The industry has grown strongly over the past decade and is expected to continue expanding, mainly due to Australia's ageing population. By 2051, nearly 20.0% of Australia's population is expected to be aged over 70.

Australia's ageing population suggests that industry revenue should grow strongly. However, the industry's performance has been partly restricted by budget constraints and target provision ratios, which control the expansion of funded aged-care places.

The Nursing Homes industry is expected to generate revenue of $10.7 billion in 2014-15, following annualised growth of 5.2% over the past five years... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry for the industry are moderate to high and include the cost of building a nursing home, attaining approved provider status under the Aged Care Act and meeting Federal Government standards for facilities and quality of care.

Existing nursing homes can be purchased on the open market, which moderates barriers to entry. Nevertheless, there are stricter regulatory requirements for new nursing homes. Certification requires that new nursing homes average no more than 1.5 beds per room, with a maximum of two beds in any room, and that existing nursing homes have an average of no more than two beds per room with a maximum of four beds in any room... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Nursing Homes Industry?

This industry consists of nursing or convalescent homes, including those that provide nursing or medical care as a basic part of the service. These high-care facilities provide 24-hour nursing care for residents. They are staffed by registered and enrolled nurses, nursing assistants or personal care assistants. The industry excludes hospitals.

Industry Products
Dementia careHigh-care servicesLow-care services
Industry Activities
Convalescent home operationNursing home operation

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