Industry Analysis & Industry Trends
The Pathology Services industry provides vital information that helps doctors to diagnose and manage a number of diseases. The ageing population and an increase in the prevalence of chronic illness are factors promoting demand for health services and referrals for pathology services. The industry derives the vast majority of its revenue from providing pathology services under Medicare.
The industry is expected to grow by 2.9% in 2014-15, to reach $2.8 billion. Medicare is expected to record more than 118.0 million pathology services in 2014-15, up from 93.0 million services in 2009-10, suggesting strong volume growth over the past five years. The average Medicare rebate is projected to equal just $20.00 per service... purchase to read more
Industry Report - Industry Locations Chapter
The supply of pathology services by state and territory largely reflects the distribution and age distribution of the population throughout Australia. New South Wales accounts for just over one third of the total number of pathology services provided under Medicare, with Victoria accounting for roughly one quarter, and Queensland one fifth. Combined the eastern seaboard states account for about 80.0% of all Medicare pathology services in line with their 77.0% share of the nation's population.
The geographic market share of two largest private operators Sonic Healthcare and Primary Health Care tends to vary by state. For example on the basis of collection centres, both operators command just under 40.0% of the NSW market... purchase to read more