Industry Analysis & Industry Trends
About one in six Australian couples suffer infertility, which has made the Fertility Clinics industry one of the fastest growing industries in the health sector. The industry assists patients who are unable to conceive naturally through a variety of treatment options, the most common and popular of which is in-vitro fertilisation (IVF) cycles. Over the past five years, the number of completed IVF cycles in Australia has increased by 4.4% per annum to a forecast 40,000 cycles in 2012-13. A number of factors have led to the strong growth in demand for infertility treatments and procedures, particularly growth in women who are choosing to have children later in life. Further, growth in the infertility rate has contributed to increased incidences of infertile women seeking treatment... purchase to read more
Industry Report - Industry Investment Chapter
The Fertility Clinics industry has a medium capital intensity level, which is typical of a medical service industry that uses extensive medical equipment. In 2012-13, the capital to labour ratio is estimated to be 1:7.89, suggesting that industry players require $7.89 worth of labour for every $1.00 of capital invested.
The industry's largest costs are related to labour, given a clinic's reliance on its doctors, nurses and specialist medical staff to differentiate itself from other players in the industry. In 2012-13, wages are expected to account for 35.5% of revenue, with the average wage being nearly $110,000 per annum... purchase to read more