Report Description

Australia hospital market is expected to grow at a significant rate during the forecast period, 2024-2028. The increasing prevalence of chronic diseases is the major factor driving the growth of market. In Australia, 10 common chronic conditions contribute to 37% of hospitalization. These common chronic conditions are arthritis, asthma, back pain, cancer, osteoporosis, chronic kidney disease, cardiovascular disease, chronic obstructive pulmonary disease, diabetes, and mental health conditions. Australia faces diverse health problems comprising of sexually transmitted diseases, vaccine-preventable diseases, vector-borne diseases, foodborne diseases, among other diseases which are expected to foster the hospital market growth. Increasing geriatric population is also surging the demand for hospitals. As with growing age, immunity level starts declining, and the human body is more vulnerable to getting affected with several chronic diseases. Older people suffer from chronic ailments and degenerative diseases and generally require longer hospital stays along with frequent follow-ups to ensure effective treatment.

Approximately half of Australians (46.6%), regardless of age, had at least one chronic disease, and nearly one in five (18.6%) had two or more chronic disease. Nearly half (49.0%) of all females had one or more chronic diseases, and one in five (20.7%) had two or more. Likewise, 16.4% of males had two or more chronic diseases, and 43.9% had one or more. In Australia, mental and behavioral problems (20.1% or 5.0 million) are the most common chronic condition.

Furthermore, the increasing number of road accidents is also accelerating the Australia Hospital market. Speeding, distracted driving, fatigued driving, and drunk driving are the main causes of road accidents in Australia. According to Department of Infrastructure, Transport, Regional Development, Communication, and the Arts, 1,123 people died in traffic accidents in 2021. This is an increase of 2.6% from 2020.

Increase in Healthcare Expenditure

After the COVID-19 pandemic, government of Australia is spending more money on different healthcare services. Australia spent around USD 202.5 billion on health goods and services in 2019-2020. In 2019-2020, healthcare expenditure accounted for 10.2% of the total Gross Domestic Product (GDP) in Australia which is almost 0.2% higher than in 2018-2019. 41.2% of expenditure was spent on hospitals i.e., USD 83.5 billion in 2019-2020. Expenditure on hospitals is 2.9% higher than the 2018-2019. The Government of Queensland provides a budget of USD 20.885 billion in operating funding and USD 1.35 billion capital program to deliver fine quality health services to Queenslanders.  The growing investments in hospital sector and overall health sector improvement is expected to create lucrative opportunities for the market growth in the coming years.

Improving Healthcare Infrastructure

The health care system provided by Australia's government is among the safest and most economical in the world. Federal, state, territorial, and local governments in Australia all work together to collectively manage it. There are numerous healthcare providers, including general practitioners (GPs), medical specialists, allied health professionals, and nurses who provide primary care services. All Australians have free or affordable access to the majority of healthcare services provided by Medicare and the public hospital system. The number of hospitalizations is increased by 6.3% in 2020-2021 comparative to 2.8% in 2019-2020. The increase in hospitalization was highest for private hospitals i.e., 10.5% comparative to public hospitals i.e., 3.6%.

Recent Developments

Queen Elizabeth Hospital Redevelopment: Stage III A- The project is a component of a significant rehabilitation of a 327-bed acute-care teaching hospital that offers inpatient, outpatient, emergency, and mental health services to more than 250,000 people.

Pinkenba Quarantine Facility- In Pinkenba, Queensland, a 1,000-bed COVID-19 quarantine hub will be built on a 30-hectare of land. In Queensland, the initiative intends to provide quarantine facilities and serve as a replacement for hotel quarantine. When finished, the facilities will provide accommodation for about 1,450 people.

Weststate Private Hospital- On 0.16 acres of land in Brisbane, Queensland, a five-storey private hospital with 22 beds is being built as part of the project. The project seeks to renovate the former Townsville West State School at West End to offer improved healthcare services, including orthopedics, cardiology, urology, and maxillofacial surgery.

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Market Segmentation

Australia hospital market is segmented into ownership, type, type of services, bed capacity, and region. Based on ownership, the market is bifurcated into Public and Private. Based on type, the market is further divided into General, Specialty and Multi-Specialty. Based on the type of services, the market can be further bifurcated into in-patient services and outpatient services. Based on bed capacity, the market is divided into Up to 100 beds, 100-500 beds and Above 500 beds.

Market Players

The major players operating in the Australia hospital market are Ramsay Health Care Limited, Healthscope Pty Ltd, St John of God Health Care Inc, Nexus Day Hospitals Pty Ltd, Healthe Care Australia Pty Ltd, Cura Day Hospitals Group Pty Ltd, Western Private Hospital, SA Health, Alfred Health, St Vincent's Health Australia, among others. Major companies are adopting advanced technologies for treatment and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.



Base Year


Historic Data

2018 – 2021

Estimated Year


Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Ownership

·         Type

·         Type of Service

·         Bed Capacity

Regional Scope

Capital Territory & New South Wales; Victoria & Tasmania; Western Australia; Queensland; Northern Territory & Southern

Key Companies Profiled

Ramsay Health Care Limited, Healthscope Pty Ltd, St John of God Health Care Inc, Nexus Day Hospitals Pty Ltd, Healthe Care Australia Pty Ltd, Cura Day Hospitals Group Pty Ltd, Western Private Hospital, SA Health, Alfred Health, St Vincent's Health Australia.

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing And Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Australia hospital market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Australia Hospital Market, By Ownership:

    • Public
    • Private
  • Australia Hospital Market, By Type:
    • General
    • Specialty
    • Multi-Specialty
  • Australia Hospital Market, By Type of Services:
    • In-Patient Services
    • Out-Patient Services
  • Australia Hospital Market, By Bed Capacity:
    • Up to 100 beds
    • 100-500 beds
    • Above 500 beds  
  • Australia Hospital Market, By Region:

o   Australia Capital Territory & New South Wales

o   Northern Territory & Southern Australia

o   Western Australia

o   Queensland

o   Victoria & Tasmania

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia hospital market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Australia hospital market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Australia Hospital Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Ownership (Public v/s Private)

5.2.2.     By Type (General, Specialty, Multi-Specialty)

5.2.3.     By Type of Services (In-Patient Services v/s Out-Patient Services)

5.2.4.     By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds)

5.2.5.     By Company (2022)

5.2.6.     By Region

5.3.  Market Map

5.3.1.     By Ownership

5.3.2.     By Type

5.3.3.     By Type of Services

5.3.4.     By Bed Capacity

5.3.5.     By Region

6.    Australia Public Hospital Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Type of Services

6.2.3.     By Bed Capacity

7.    Australia Private Hospital Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Type of Services

7.2.3.     By Bed Capacity

8.    Market Dynamics

8.1.  Drivers

8.2.  Challenges

9.    Market Trends & Developments

9.1.  Mergers & Acquisitions

9.2.  New Service/Therapy/Treatment Launches/Adoption

9.3.  Technological Advancements

10.  Policy & Regulatory Landscape

11.  Australia Economic Profile

12.  Australia Hospital Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Product Offerings

14.3.              Recent Developments

14.4.              Financials (As Reported)

14.5.              Key Personnel

14.6.              SWOT Analysis

14.6.1.  Ramsay Health Care Limited

14.6.2.  Healthscope Pty Ltd

14.6.3.  St John of God Health Care Inc

14.6.4.  Nexus Day Hospitals Pty Ltd

14.6.5.  Healthe Care Australia Pty Ltd.

14.6.6.  Cura Day Hospitals Group Pty Ltd

14.6.7.  Western Private Hospital

14.6.8.  SA Health

14.6.9.  Alfred Health

14.6.10.                St Vincent's Health Australia

Strategic Recommendations

Figures and Tables

Frequently asked questions


Increasing number of chronic diseases, rise in geriatric population, improving healthcare infrastructure, increasing healthcare expenditure among others are the major factors driving the Australia Hospital Market over the anticipated years.


Ramsay Health Care Limited, Healthscope Pty Ltd, St John of God Health Care Inc, Nexus Day Hospitals Pty Ltd, Healthe Care Australia Pty Ltd, Cura Day Hospitals Group Pty Ltd, among others are leading the Australia hospital market in the forecast period, 2024-2028.


High cost of treatment and/or surgeries, lack of insurance coverage are the challenges faced by the Australia Hospital Market during the forecast period, 2024-2028.


Multi-Specialty hospitals will expect to dominate in the forecast years, 2024-2028. Due to the easy availability of treatment for different diseases.


Sakshi Bajaal

Business Consultant
Press Release

Australia Hospital Market to grow at Steady Rate till 2026

Jun, 2021

Benefits of early disease diagnosis and treatment and increasing prevalence of chronic diseases is expected to drive the demand for Australia hospital market in forecast period.