SEARCH   
MEMBER LOGIN      
Forgot Password?

General Hospitals in Australia: Market Research Report

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

General Hospitals Market Research Report | ANZSIC Q8401 | Jan 2017

A good prognosis: Australia's ageing population is driving demand for industry services

IBISWorld’s General Hospitals market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$63bn
Annual Growth 12-17
3.4%
Annual Growth 17-22
Add to Cart
Profit
Add to Cart
Employment
374,102
Businesses
89
Industry Analysis & Industry Trends

The General Hospitals industry is growing strongly. Public hospitals receive most of their funding from state and federal governments. Private hospitals primarily generate revenue from private health benefit payments and out-of-pocket patient fees. Demand for general hospitals has surged over the past five years, due to Australia's ageing population and the rising incidence of chronic illness among adults. Private hospitals have received a further boost from increased private health insurance membership. Industry revenue is expected to increase by an annualised 3.4% over the five years through 2016-17, to be worth $63.3 billion.

In line with industry trends over the past five years, industry revenue is projected to rise by 3.3% in the current year... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The General Hospitals industry is in a growth phase of its life cycle as demand for hospital services rises to meet the demands of Australia's ageing population. The number of patients treated has grown strongly over the five years through 2016-17. Healthcare policy is currently focused on addressing the needs of the ageing population and the growing prevalence of chronic illnesses, such as diabetes and heart disease.

Industry value added (IVA) measures the industry's contribution to the overall economy. IVA is forecast to climb by an annualised 4.3% over the 10 years through 2021-22. This exceeds projected growth in Australia's real GDP at a compound annual rate of 2.5% over the same period, indicating that the industry's contribution to the overall economy is expanding... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the General Hospitals Industry?

General hospitals provide medical, surgical and diagnostic services and continuous inpatient nursing care. The industry also includes establishments that provide both hospital facilities and training of medical and nursing staff.

Industry Products
Public hospital same-day separationsPrivate hospital same-day separationsPublic hospital overnight separationsPrivate hospital overnight separations
 
Industry Activities
Children's hospital operationEar, nose and throat hospital operationEye hospital operationGeneral hospital operation (excluding psychiatric, dental and veterinary hospitals)Infectious diseases hospital operation (including human quarantine stations)Maternity hospital operationObstetric hospital operationWomen's hospital operation


View Sample
Quote
Select Clients