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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 2016

Picture of health: Increasing consultation volumes have driven industry revenue growth

The General Practice Medical Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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
3.8%
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 growth steadily 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 2011-10 to a projected 84.0% in 2016-17. This increase is largely due to an increasing number of retirees visiting their GP and the fact that 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 may be either partially or fully subsidised by Medicare. 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 65 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 an annualised 3.4% over the 10 years through 2021-22, outperforming real GDP growth, which is forecast to rise at an annualised 2.6% over the same period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the General Practice Medical Services Industry?

The 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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