Table of Contents
This TforG Healthcare Market review report for Australia includes numerical and written analysis on the socioeconomic and macroeconomic context and outlook, the healthcare system, and the latest healthcare reforms. Moreover, an extensive chapter is dedicated to the markets for capital equipment, medical devices, disposables and pharmaceuticals.
The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.
Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).
- Compared to other western economies, public spending in Australia is relatively low.
- Australian healthcare expenditures represent around 9.5 percent of its GDP.
- About 60 percent of the budget resides at national level and about 40 percent at state level.
- Australia’s economic growth is expected to slow down in 2014 and 2015. Never the less, the economy is expected to continue to expand at least until 2018.
- Unemployment is relatively low (around 6 percent) but slightly on the rise.
The Healthcare System:
- Australia provides universal medical coverage through a tax-funded public insurance program (i.e.
Medicare) that covers most medical care services and prescription drugs.
- 50 percent of Australians also purchase private health insurance plans which cover such services as
dental care and private hospital-care.
- The federal government regulates and finances most medical services and the states and territories are
responsible for providing them.
- Australia’s healthcare system ranks among the top 10 most efficient in the world and the healthcare market is the 13th largest in the world.
- Create more sustainable funding arrangements for the health system.
- The creation of 135 local hospital networks, each consisting of one to four public hospitals, run by boards with local clinician input.
- A revised National Partnership Agreement on Improving Public Hospital Services has set out performance targets for elective surgery and emergency departments in order to reduce the waiting lists.
- Implementation of programs to improve hospital discharge planning and prevent readmissions.
- The total healthcare market in Australia accounted for € 88 bln in 2013 and is expected to grow at 5 percent per year until 2016.
- Nearly all medical technology products manufactured in Australia are exported, while the majority of medical technology products used in Australia are imported.
- The market for medical equipment is mature, competitive, and price-sensitive.
- Emerging economies are capturing an increasing share of the industry.
- In 2013, the market was estimated at € 5.8 bln and the annual growth for the next 3 years is expected to be 2 to 4 percent.
Reasons to buy:
– Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
– Relevant healthcare reforms
– Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
– Regularly updates, at least once year
– Every update published by TforG within 6 months after your purchase will be made available to you
– Global coverage, available for + 40 countries
– Unique insight into the socio-economic dynamics, and analysis of their effect on healthcare systems
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
This 973-page report contains 153 tables and provides comprehensive analysis of the diagnostic testing markets outside the main hospital laboratory (ERs, ORs, and ICUs). The report includes analysis ...
This 973-page report contains 153 tables and provides comprehensive analysis of the diagnostic testing markets outside the main hospital laboratory (ERs, ORs, and ICUs). The report includes analysis of ...
Complete report $11,500. DataPack (test volumes, sales forecasts, supplier shares) $7,500. Summary This comprehensive report contains 306 pages, 59 tables, and is designed to help current suppliers ...