General Practice Medical Services in Australia - Market Research Report

General Practice Medical Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.5%

The General Practice Medical Services industry has grown over the past five years. General practitioners (GPs) are the first point of contact in the medical system, providing direct treatment to patients, diagnosing health problems and referring patients to specialists or general hospitals. 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 charges only the schedule fee, has climbed from approximately 81.1% in 2012-13 to 85.0% in 2017-18. This trend is largely due to an increasing number of retirees, as they visit GPs more frequently and are more commonly offered bulk-billing payment options than working-age adults. Industry revenue...
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General Practice Medical Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The General Practice Medical Services industry is projected to continue steadily growing over the next five years. General practitioners (GPs) are forecast to benefit over the period from rising demand stemming from Australia's growing and ageing population. In addition, the XXX-XX Federal Budget lifted the Medicare rebate freeze, supporting anticipated growth in patient enquiries and industry revenue over the next five years. As a result, industry revenue is projected to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X billion. Population demographics The median age of Australia's population is forecast to rise over the next five years, with a greater percentage of individuals entering older age groups with higher health...
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General Practice Medical Services industry statistics

  • attach_money Market Size: $13bn
  • business Number of Businesses: 45,758
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 94,218

Biggest companies in the General Practice Medical Services industry

The General Practice Medical Services in Australia industry has no companies with major market shares. Get the full report to find out why.

What is General Practice Medical Services industry?

Industry Definition

Industry firms and practitioners primarily provide general practice medical services.

Industry Products and Services

  • General and unspecified treatments
  • Respiratory and circulatory treatments
  • Musculoskeletal treatments
  • Skin treatments
  • Psychological treatments
  • Endocrine, metabolic and digestive treatments
  • Other treatments

Industry Activities

  • General medical practice operation
  • Medical service provision
  • Flying doctor service provision

Market research report - table of contents

Industry Definition

Industry firms and practitioners primarily provide general practice medical services.

Main Activities

  • General medical practice operation
  • Medical service provision
  • Flying doctor service provision

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The government-funded Medicare program covers part or all of the cost of healthcare services provided by general practitioners (GPs). Federal funding for ...
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Federal funding for Medicare
Total visits to a general practitioner
Population aged 50 and older
Number of births

Current Performance

Ageing population
Medicare funding
Structural changes
 Chart: Revenue Growth

Industry Outlook

Medicare rebate freeze
Participation and profit
Government intervention
 Table: General Practice Medical Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - General Practice Medical Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Health Insurance in Australia
General Insurance in Australia
Central Government Administration in Australia
General Hospitals in Australia
Community Health Centres in Australia
Aged Care Residential Services in Australia

Key Selling Industries

Pharmaceutical Product Manufacturing in Australia
Medical and Surgical Equipment Manufacturing in Australia
Pharmaceuticals Wholesaling in Australia




Products & Services

Operators in the General Practice Medical Services industry provide a range of primary healthcare services to patients. The industry's products and servic...
People aged 45 to 64
People aged 25 to 44
People aged 24 and under



Demand Determinants

Primary healthcare services, including medical check-ups at general practices, are typically considered to be essential services for individuals of all ag...
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Major Markets

People aged 45 to 64
People aged 25 to 44
People aged 24 and under




 Chart: Major Market Segmentation for the General Practice Medical Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The General Practice Medical Services industry is characterised by a low market share concentration and a high degree of fragmentation. The industry's fou...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs General Practice Medical Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the General Practice Medical Services in Australia - Market Research Report Industry

Industry Globalization

The General Practice Medical Services in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The General Practice Medical Services industry displays low capital intensity as general practices derive most of their revenue from labour services. GPs ...
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 Chart: Level of Capital Intensity for the General Practice Medical Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the General Practice Medical Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BULK-BILLING

OUT-OF-POCKET EXPENSE

PRIMARY CARE

SCHEDULE FEE

THROUGHPUT

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the General Practice Medical Services industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
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This report on General Practice Medical Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The General Practice Medical Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on General Practice Medical Services in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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