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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 | Aug 2016

Healthy practice: Strong demand from the ageing population is driving industry growth

IBISWorld’s General Practice Medical Services 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
Revenue
$12bn
Annual Growth 12-17
4.0%
Annual Growth 17-22
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Profit
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Employment
67,282
Businesses
41,145
Industry Analysis & Industry Trends

The General Practice Medical Services industry has had healthy growth 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. The proportion of bulk-billed consultations, in which a GP only charges the schedule fee, has climbed from 80.0% in 2010-11 to an expected 84.0% in 2016-17. This has been largely due to an increasing number of retirees visiting their GP as pensioners are more commonly offered bulk-billing than working-age adults.

Industry revenue is expected to increase at an annualised 4.0%... purchase to read more

Industry Report - Industry Analysis Chapter

The General Practice Medical Services industry has grown steadily over the past five years due to increased demand from Australia's growing and ageing population. Both of these trends have driven increasing patient volumes, particularly as older people tend to use more general practitioner (GP) services. Patients pay minimal out-of-pocket expenses due to the assistance of the Federal Government through Medicare, which covers all or part of the cost of a GP consultation depending on a practice's price structure. Without any form of price signal, industry revenue primarily grows in line with demand growth and Medicare schedule fee changes... 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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