Public General Hospitals in Australia - Industry Market Research Report

Public General Hospitals in Australia - Industry Market Research Report

Public General Hospitals in Australia

Growth in the Public General Hospitals industry has been supported in part by increased government funding. Public hospitals are primarily funded through federal and state governments, with private health insurance and other non-public revenue sources expected to account for less than 10% of industry funding in 2023-24. Public hospital services funding under the National Health Reform Agreement is expected to reach $28.5 billion in 2023-24, having steadily risen over the past decade. There has been a simultaneous expansion in the need for public general hospitals, driven by Australia's ageing population and the rising incidence of chronic illness among adults.

Public general hospitals provide medical, surgical and diagnostic services and continuous inpatient nursing care, and receive most of their funding from government and non-profit organisations. The industry also includes establishments that provide both hospital facilities and training of medical and nursing staff.

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."