Healthy outlook: A growing population of people aged over 50 has aided industry revenue growth
Beneficial trends have fuelled growth in the Other Health Services industry over the past few years. The population aged over 50 has been growing. Since many industry services like podiatry and home care nursing are primarily used by older individuals, this trend has benefited revenue growth. Revenue is expected to climb at an annualised 2.8% to $4.7 billion over the five years through 2023-24. This trend includes a drop of 1.2% in 2023-24, on the back of lower public health expenditure in 2022-23; but the industry is set to make a rapid recovery.
Industry players mainly provide allied and other health services, like alternative health therapy, audiology, dietitian, drug referral, family planning, midwifery, nursing, occupational therapy, podiatry, psychology and other health services. While the industry includes contractors working in hospitals, services that hospitals conduct internally are excluded. All chiropractic, osteopathic and physiological services are also excluded.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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