The number of hospitals in Australia has shown minimal year-on-year variation from 2013 to 2023, remaining relatively steady around 1.35 thousand establishments. In 2023, the value stood at approximately 1.35 thousand hospitals. The last two years showed insignificant growth, with 0.074% year-on-year variations.
Future trends are expected to continue this stability, with forecasts predicting the number of hospitals will remain at 1.35 thousand from 2024 through 2028. The compound annual growth rate (CAGR) over the next five years is forecasted to be 0.06%, a negligible increase reflective of the stability seen in recent years.
Future trends to watch for:
- Potential changes in healthcare policy that may affect hospital funding or establishment.
- Technological advances that could affect hospital operational efficiency and infrastructure needs.
- Shifts in population demographics that may drive demand for hospital services.
- Economic factors that could influence the funding and sustainability of hospitals.