Physiotherapy Services in Australia Industry Market Research Report now updated by IBISWorld

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The ageing of the Australian population, along with an increase in the incidence of chronic diseases, will boost demand for the Physiotherapy Services industry. However, physiotherapy labour shortages in some areas could have a negative effect on industry growth. For these reasons, industry research firm IBISWorld has updated its report on the Physiotherapy Services industry in Australia.

IBISWorld Market Research

IBISWorld Market Research

Physiotherapy Services industry revenue has been driven by an ageing population in need of frequent treatment

Physiotherapy services can offer a cost-effective way to prevent disabilities from becoming chronic conditions and can accelerate recovery times from surgery, and musculoskeletal and neurological injuries. According to IBISWorld industry analyst Nigel Fitzpatrick, “the ageing of the Australian population, along with an increase in the incidence of chronic diseases, will boost demand for the physiotherapy services”. The Physiotherapy Services industry is expected to generate revenue of about $1.51 billion in 2012-13. Physiotherapy Services industry revenue is forecast to grow at an annualised 6.4% in the five years through 2012-13, including an increase of 4.0% in the current year.

Physiotherapy Services industry growth will be promoted over this period by growing household incomes and wealth, as households with higher incomes spend more on average on industry services, compared with households with lower incomes. Fitzpatrick adds, “it will also be promoted by an increase in the proportion of the population with private health insurance coverage, as health insurance can help to reduce the out-of-pocket cost of physiotherapy services”. Greater participation in the Medicare system and an ageing of the Australian population (older people are more likely to suffer conditions that physiotherapists can treat) will also positively affect demand. Physiotherapists will provide more preventative healthcare services, such as in the areas of incontinence and the reduction of falls by older Australians. However, physiotherapy labour shortages in some areas could have a negative effect on industry growth.

Physiotherapy Services industry revenue is forecast to increase in the five years through 2017-18. Growth will be promoted by favourable demographic trends and mounting acceptance of the benefits of physiotherapy.

For more information, visit IBISWorld’s Physiotherapy Services report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau

IBISWorld industry Report Key Topics

This industry is made up of companies that mainly provide physiotherapy services.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.

Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

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Gavin Smith
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