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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 2013

Healthy growth: Demand for GPs increases as Australia's population increases and ages

IBISWorld’s General Practice Medical Services 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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 09-14
3.8%
Annual Growth 14-19
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Profit
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Employment
71,938
Businesses
35,437
Industry Analysis & Industry Trends

General practitioners (GPs) are the first point of contact in the medical system. The Federal Government provides assistance to the industry via Medicare by covering the schedule fee of each GP consultation. GPs can charge the schedule fee (bulk-billing) or a higher price, which requires a patient to pay the gap between the schedule fee and the set price. Bulk-billing rates have climbed to about 82% over the past five years, further diminishing the out-of-pocket cost to the patient. Therefore, with out-of-pocket patient costs considerably lowered by Medicare, growth in industry revenue depends on growth in the volume of services provided.

Demand for GP services has steadily grown over the past five years as Australia's population increases and ages... purchase to read more

Industry Report - Industry Products Chapter

GPs are able to provide a wide range of services due to the broad scope of their training and expertise. According to the Australian Institute of Health and Welfare (AIHW), GPs treat general and unspecified issues, along with respiratory, musculoskeletal, skin, cardiovascular and digestive health problems. The types of health problems encountered by patients do not change much with demographic alterations, resulting in only minimal change to the market shares of the services segments.

General and unspecified

GP visits for general and unspecified health issues are forecast to account for 27.6% of industry revenue in 2013-14... 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 services.

Industry Products
General and unspecified treatmentsRespiratory treatmentsDigestive treatmentsCardiovascular treatmentsSkin treatmentsMusculoskeletal treatments
 
Industry Activities
General medical practice operationMedical service provisionFlying doctor service provision


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