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Blood Bank Operation in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Blood Bank Operation Market Research Report | ANZSIC Q8599 | Oct 2012

Healthy outlook: A rapidly ageing population will support future demand for health services

IBISWorld’s Blood Bank Operation 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
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 08-13
5.8%
Annual Growth 13-18
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Profit
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Employment
31,956
Businesses
11,681
Industry Analysis & Industry Trends

Demand for blood, blood services and health services, will continue to grow as society increases its desire and ability to save and improve lives.

The Blood Bank and Other Health Services industry is expected to generate revenue of $6.85 billion in 2012-13, up 6.0% compared with 2011-12. The industry accounts for about 3.5% of total spending on health goods and services in Australia.

Industry revenue is forecast to grow at an annualised 5.8% over the five years through 2012-13. Industry growth is promoted by population and ageing trends. Rising obesity rates and expansion occurring in the range of services available to diagnose, treat or manage such conditions have contributed to stronger demand for industry services. A... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Growth in industry value added over the 10 years through 2017-18 (increasing by 5.8% annually) is forecast to be faster than the growth of the Australian economy over the same period (2.4% annually). This is a good indication of an industry experiencing a growth phase of its life cycle.

The number of firms in the industry is also increasing rapidly with an enormous growth in some alternative health providers, such as naturopathy and massage.

Demand for blood products will increase due to the population ageing rapidly and additional Commonwealth funding for public hospitals, which will increase clinical activity. An ageing population along with increasing awareness, understanding and public funding of allied health services will positively affect demand for these services... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Blood Bank Operation Industry?

Companies in the industry are mainly engaged in providing paramedical, nursing, health or blood bank services on their own account.

Industry Products
PodiatryMassage therapyHearing servicesBlood bank operationOther allied healthOther health services
 
Industry Activities
Blood bank operationPodiatry serviceClinical massage serviceClinical psychology serviceMassage therapy serviceHearing aid dispensing


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