Accommodation for the Aged in Australia - IBISWorld Industry Market Research

Accommodation for the Aged in Australia

Accommodation for the Aged in Australia - IBISWorld Industry Market Research
Accommodation for the Aged in Australia
Published Oct 10, 2012
34 pages — Published Oct 10, 2012
Price US$ 970.00  |  Buy this Report Now

About This Report

  
Abstract:

Many people spend their later, more-dependent years in a residential aged-care facility. Australia's population is ageing, which means more people will require aged care in the years ahead. However, demand for residential aged-care places will be softened to some extent by an increase in life expectancy, accompanied by later onset of frailty, and by an increase in aged-care services provided in the home and community.

The Accommodation for the Aged industry is expected to generate revenue of $3.78 billion in 2012-13, which will be 2.8% higher than in 2011-12. The industry will also generate value added of $2.63 billion, or about 0.2% of Australia's GDP.

The industry consists of establishments that provide long-term care accommodation or homes for senior citizens where nursing or medical care is not provided as a major service. While hostels predominantly provide low-level care, many also provide some high-level care, often to allow residents to stay in the same facility as their care needs increase.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
O8721
Country
Industry
Report Type
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Accommodation for the Aged in Australia" Oct 10, 2012. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Accommodation-for-the-Aged-in-Australia-2042-1689>
  
APA:
IBISWorld Industry Market Research. (2012). Accommodation for the Aged in Australia Oct 10, 2012. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Accommodation-for-the-Aged-in-Australia-2042-1689>
  
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