Health Services in Australia - Market Research Report

Health Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.6%

The Health Services subdivision includes a range of health services and facilities. General hospitals are the subdivision's largest revenue driver, accounting over half of Australia's health services revenue. General practitioners, clinical specialists and dentists also represent significant revenue streams for the subdivision. Australia's growing and ageing population, combined with expanding private health insurance coverage, is expected to generate strong demand for health services over the five years through 2018-19. Rising demand has primarily driven revenue growth, as inflation has outpaced increases in Medicare benefits per service and schedule fees in some industries. Health services revenue is expected to grow at an annualised 3.6% over the...
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Health 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 Health Services subdivision is forecast to continue growing strongly over the next five years due to Australia's ageing population, the increasing prevalence of many chronic diseases and rising private health insurance coverage. General hospitals are expected to account for much of the subdivision's growth due to increasing demand from the ageing population and rising chronic disease rates. However, growth in private health insurance coverage will likely continue to boost other allied health services that derive revenue from private health benefits. Revenue for the Health Services subdivision is projected to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X billion. The number of industry establishments is anticipated t...
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Health Services industry statistics

  • attach_money Market Size: $152bn
  • business Number of Businesses: 136,479
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 785,850

Biggest companies in the Health Services industry

The companies holding the largest market share in the Health Services in Australia industry include Ministry of Health, Department of Health & Human Services Victoria, Queensland Health and Department of Health of Western Australia.

  • pie_chart Ministry of Health Market Share: x.x%
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  • pie_chart Department of Health & Human Services Victoria Market Share: x.x%
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  • pie_chart Queensland Health Market Share: x.x%
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  • pie_chart Department of Health of Western Australia Market Share: x.x%
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What is Health Services industry?

Industry Definition

The Health Services subdivision includes entities that primarily provide direct treatment to patients or perform auxiliary services in support of treatment. Health services entities that provide direct treatment to patients include general hospitals, general practices and physiotherapy clinics, while auxiliary service providers include pathology and diagnostic imaging operators.

Industry Products and Services

  • Public hospitals
  • Private hospitals
  • General practice medical services
  • Specialist medical services
  • Dental services
  • Diagnostic testing
  • Other health services

Industry Activities

  • Operating general hospitals
  • Operating general practices
  • Providing specialist medical services
  • Providing pathology and diagnostic imaging services
  • Providing dentistry, orthodontics and optometry services
  • Providing chiropractic, physiotherapy and alternative health services
  • Providing ambulance services
  • Providing other allied healthcare services

Market research report - table of contents

Industry Definition

The Health Services subdivision includes entities that primarily provide direct treatment to patients or perform auxiliary services in support of treatment. Health services entities that provide direct treatment to patients include general hospitals, general practices and physiotherapy clinics, while auxiliary service providers include pathology and diagnostic imaging operators.

Main Activities

  • Operating general hospitals
  • Operating general practices
  • Providing specialist medical services
  • Providing pathology and diagnostic imaging services
  • Providing dentistry, orthodontics and optometry services
  • Providing chiropractic, physiotherapy and alternative health services
  • Providing ambulance services
  • Providing other allied healthcare services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Medicare primarily covers full or partial consultation costs with general practitioners and specialist medical practitioners. A rise in federal funding fo...
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Federal funding for Medicare
Government funding for public hospitals
Population aged 50 and older
Private health insurance membership

Current Performance

Ageing population
Private health insurance
Government funding
 Chart: Revenue Growth

Industry Outlook

Government funding changes
 Table: Health Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Health 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




Key Selling Industries

Pharmaceutical Product Manufacturing in Australia
Medical and Surgical Equipment Manufacturing in Australia
Commercial Cleaning Services in Australia
General Practice Medical Services in Australia
Specialist Medical Services in Australia
Pathology Services in Australia
Other Health Services in Australia

Products & Services

General hospitals contribute approximately half of total health services revenue. General hospitals include both public hospital and private hospital serv...
People aged 45 to 64
People aged 25 to 44
People aged 24 and under



Demand Determinants

Demand for health services is consistently high as it is generally essential for patients to receive treatment for acute and non-acute health reasons. Pri...
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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 Health Services in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

Market share concentration within the Health Services subdivision is moderate. The four largest players are the state health departments of New South Wale...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

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

Industry Globalization

The New South Wales Ministry of Health (NSW Health) oversees the New South Wales public hospital and ambulance systems. NSW Health manages just under one-...
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NSW Health

 Table: NSW Health - financial performance

Department of Health and Human Services

 Table: Department of Health and Human Services - financial performance

Queensland Health

 Table: Queensland Health - financial performance

WA Health

 Table: WA Health - financial performance

Capital Intensity

The Health Services subdivision exhibits low capital intensity. For every dollar spent on capital costs, the industry is expected to spend $14.22 on wages...
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 Chart: Level of Capital Intensity for the Health 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 Health 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, %

PATIENT SEPARATION

PRIMARY HEALTH CARE

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 Health Services industry?

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This report on Health 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 Health 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

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