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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 | Apr 2015

Clean bill of health: Industry expected to benefit as Australia's ageing population fuels demand

IBISWorld’s General Practice Medical Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 10-15
2.9%
Annual Growth 15-20
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Profit
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Employment
79,438
Businesses
36,355
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 their problems and referring them to a specialist or a 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 to cover over 80.0% of all GP consultations over the past five years. 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 use a far greater volume of GP services 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 2.7% over the 10 years through 2019-20... 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 treatmentsDigestive treatmentsCardiovascular treatmentsSkin treatmentsOther treatmentsMusculoskeletal treatments
 
Industry Activities
General medical practice operationMedical service provisionFlying doctor service provision


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