Pathology Services in Australia - Market Research Report

Pathology Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.6%

The Pathology Services industry has expanded over the past five years, despite government funding changes. Pathology service providers supply vital information to help doctors diagnose and manage various diseases. Australia's ageing population and the increased prevalence of chronic illnesses have supported strong underlying demand for health services and referrals for pathology services over the past five years. Furthermore, technological development in the industry has increased the range of available tests, leading to a greater range of pathology referrals. Industry revenue is expected to rise at an annualised 3.0% over the five years through 2018-19, to reach $3.3 billion. This includes anticipated revenue growth of 3.4% in the current year. Cha...
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Pathology 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.

An ageing population and the availability of new pathology tests are anticipated to continue driving demand and revenue growth in the Pathology Services industry over the next five years. Doctors are projected to make more frequent referrals for pathology testing to anticipate and prevent diseases during preventative health check-ups. Growing health consciousness and the increasing prevalence of chronic diseases due to the ageing population are projected to drive demand for the industry's services. However, government and competitive pressures that influence the average unit price are anticipated to limit industry revenue growth and profit. Revenue is projected to rise at an annualised X.X% over the five years through XXX-XX, to $X.X billion. Over t...
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Pathology Services industry statistics

  • attach_money Market Size: $3bn
  • business Number of Businesses: 5,169
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 24,785

Biggest companies in the Pathology Services industry

The companies holding the largest market share in the Pathology Services in Australia industry include Sonic Healthcare Limited, Healius Limited and Clinical Laboratories Pty Ltd.

  • pie_chart Sonic Healthcare Limited Market Share: x.x%
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  • pie_chart Healius Limited Market Share: x.x%
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  • pie_chart Clinical Laboratories Pty Ltd Market Share: x.x%
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What is Pathology Services industry?

Industry Definition

Industry players operate pathology laboratories and collection centres. Pathology services that are provided by public laboratories operating within general hospitals are not included in the industry.

Industry Products and Services

  • Zoological gardens
  • Aquariums
  • Botanical gardens
  • Other sites
  • All Others

Industry Activities

  • Medical laboratory operation
  • Pathology laboratory operation
  • Pathology collection centre operation

Market research report - table of contents

Industry Definition

Industry players operate pathology laboratories and collection centres. Pathology services that are provided by public laboratories operating within general hospitals are not included in the industry.

Main Activities

  • Medical laboratory operation
  • Pathology laboratory operation
  • Pathology collection centre operation

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Medicare provides rebates for pathology services. The structure of Medicare schedule fees and rebates significantly affects the industry's performance. In...
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Federal funding for Medicare
Total visits to a general practitioner
Number of births
Population aged 50 and older

Current Performance

Fees, rebates and profitability
Industry structure
 Chart: Revenue Growth

Industry Outlook

Government funding and profitability
Industry structure
 Table: Pathology Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

General Hospitals in Australia
Psychiatric Hospitals in Australia
General Practice Medical Services in Australia
Specialist Medical Services in Australia
Dental Services in Australia
Community Health Centres in Australia
Veterinary Services in Australia

Key Selling Industries

Basic Organic Chemical Manufacturing in Australia
Basic Inorganic Chemical Manufacturing in Australia
Pharmaceutical Product Manufacturing in Australia
Medical and Surgical Equipment Manufacturing in Australia
Industrial and Agricultural Chemical Product Wholesaling in Australia
Medical and Scientific Equipment Wholesaling in Australia
Pharmaceuticals Wholesaling in Australia

Products & Services

The Pathology Services industry provides a range of specialised services. Industry services are divided by the type of medical inquiry they respond to, th...
Medical specialists





Demand Determinants

A variety of factors influence demand for pathology services. Breakthroughs in medical science and advances in technology can increase the usefulness of p...
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Major Markets

Medical specialists






 Chart: Major Market Segmentation for the Pathology 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 Pathology Services industry displays a high level of market concentration, with the largest three players expected to account for over 90% of industry...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

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

Industry Globalization

Sonic Healthcare Limited is an ASX-listed multinational healthcare provider that generates approximately 83% of its total global revenue from pathology se...
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Sonic Healthcare

 Table: Sonic Healthcare - financial performance

Healius

 Table: Healius - financial performance

Australian Clinical Labs

 Table: Australian Clinical Labs - financial performance

Capital Intensity

The Pathology Services industry demonstrates a low level of capital intensity. Pathology service providers are largely labour dependent, relying mainly on...
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 Chart: Level of Capital Intensity for the Pathology 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 Pathology 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, %

APPROVED COLLECTION CENTRE

CYTOGENETICS

CYTOPATHOLOGY

HAEMATOLOGY

IMMUNOLOGY

MICROBIOLOGY

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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 Pathology Services industry?

IBISWorld industry market research reports enable you to:

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This report on Pathology 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 Pathology 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 Pathology 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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