Psychiatric Hospitals in Australia - Industry Market Research Report

Psychiatric Hospitals in Australia - Industry Market Research Report

Psychiatric Hospitals in Australia

Revenue growth for the Psychiatric Hospitals industry has been sluggish in recent years, constrained by changing government mental health care policies which are favouring community-based psychiatric treatments. Community-based preventative treatments for outpatients have driven some demand away from the industry as the government has increasingly focused on preventing the need for more costly treatment in psychiatric hospitals. These changing policy priorities are reflected in the downward trend in the number of mental health beds available in public psychiatric hospitals. In some instances, these beds have been replaced by additional beds in specialised psychiatric units or wards within public acute hospitals although these are not included within the scope of this report.

The industry consists of psychiatric hospitals that primarily provide specialist treatment for patients with psychiatric, mental or behavioural disorders.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.