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General Practice Medical Services in Australia: Market Research Report

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

General Practice Medical Services Market Research Report | ANZSIC Q8511 | Nov 2015

Alive and kicking: An ageing population is supporting demand for industry services

IBISWorld’s General Practice Medical Services 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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 11-16
4.1%
Annual Growth 16-21
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Profit
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Employment
63,795
Businesses
38,844
Industry Analysis & Industry Trends

The General Practice Medical Services industry has grown healthily over the past five years. General practitioners (GPs) are the first point of contact in the medical system, providing direct treatment to patients or diagnosing problems and referring patients to a specialist or general hospital. GPs receive Federal Government assistance through Medicare, which covers a schedule fee for each consultation. Bulk-billing, which involves GPs charging just the schedule fee, has climbed from 79.1% in 2010-11 to an estimated 83.8% in 2015-16. This has largely been due to an increasing number of retirees visiting their GP as pensioners are more commonly offered bulk-billing than working-age adults... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The General Practice Medical Services industry is in the mature phase of its life cycle. GPs provide essential medical services that are partially or fully covered by Medicare, and this system has been in place over the long term. Industry demand is driven by population growth and the ageing of Australia's population. Older people visit GPs far more often than younger people. With individuals aged 50 and over increasing as a percentage of the population, industry revenue has grown steadily.

Industry value added (IVA) measures an industry's contribution to the overall economy. IVA is forecast to grow at a compound annual rate of 3.1% over the 10 years through 2020-21, outperforming real GDP growth at a forecast compound annual rate of 2.8% over the same period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the General Practice Medical Services Industry?

This industry is made up of companies and practitioners that primarily provide general practice medical services.

Industry Products
General and unspecified treatmentsRespiratory and circulatory treatmentsMusculoskeletal treatmentsSkin treatmentsPsychological treatmentsEndocrine, metabolic and digestive treatmentsOther treatments
 
Industry Activities
General medical practice operationMedical service provisionFlying doctor service provision


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