Specialist Medical Services in Australia - Industry Risk Rating Report

IBISWorld
January 20, 2012
23 Pages - SKU: IBSS6791044
Countries covered: Australia

Industry Risk Ratings Synopsis

This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Specialist Medical Services in Australia industry. Industry Risk is assumed to be 'the difficulty, or otherwise, of the business operating environment'.

The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).

This approach is new in that it analyses non-financial information surrounding each industry. Industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months.

Industry Definition

This industry comprises registered medical practitioners (including medical clinics or group practices) that provide specialist medical services (other than pathology and diagnostic imaging specialities) on their own account or for government agencies or non-profit organisations.

Report Contents

Risk Overview

The Risk Overview chapter includes sections on Industry Definition and Activities, Industry Risk Score and Risk Rating Analysis. The Industry Definition and Activities section provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk, Growth Risk and External Sensitivity Risk. The Risk Rating Analysis section discusses the underlying factors contributing to the Overall Industry Risk Score.

Structural Risk

The Structural Risk chapter looks at risk arising from within the industry itself and provides a detailed discussion of the industryĆ¢€™s level of exposure to seven key indicators. These key indicators are Barriers to Entry, Competition, Industry Exports, Industry Imports, Level of Assistance, Life Cycle Stage and Volatility of Industry. The Overall Structural Risk Score is a weighted aggregation of these seven key indicators. Each of the key indicators is discussed in detail in this section.

Growth Risk

The Growth Risk chapter looks at risks arising from the expected future performance of the industry. The Overall Growth Risk Score is determined by amalgamating the scores for Recent Industry Growth and Forecast Industry Growth. Detailed analysis is provided discussing the reasons for the growth scores of both.

Sensitivity Risk

The Sensitivity Risk chapter looks at risks arising from forces (sensitivities) external to the industry. The Overall External Sensitivity Risk Score is determined by identifying the most significant (up to 6) external factors and weighting them to represent how significant each sensitivity is to the performance of the industry. Examples of External Sensitivities are Exchange Rates, Interest Rates, Commodity Prices and Government Regulations. There is also a detailed analysis of the affect each of the sensitivities has on the industry, including charts and data tables where appropriate.

Industry Risk and Industry Risk Scoring Methodology

This chapter provides an overview of how IBISWorld defines Industry Risk and discusses the methodology used to arrive at an Industry Risk Score. There is also a table that provides a definition of the seven levels of Industry Risk.

Specialist Medical Services in Australia
K7421 - Health Insurance in Australia
O8611 - General Hospitals in Australia
O8612 - Psychiatric Hospitals in Australia
O8621 - General Practice Medical Services in Australia



More Physicians' Offices reports by IBISWorld

Primary Care Doctors in the US - Industry Market Research Report by IBISWorld
Primary Care Doctors in the USThe Primary Care Doctors industry is an integral component of United States healthcare. However, the recession forced many consumers to ...
Dermatologists in the US - Industry Market Research Report by IBISWorld
DermatologistsThe Dermatologists industry has increasingly expanded into cosmetic dermatology, with more dermatologists offering anti-aging procedures such as dermabrasion, laser treatments and Botox. These treatments have ...
Chiropractors in the US - Industry Market Research Report by IBISWorld
Chiropractors in the USSometimes regarded as an alternative source of healthcare, chiropractic care has recently gained more legitimacy and greater acceptance among medical physicians and ...
Optometrists in the US - Industry Market Research Report by IBISWorld
Optometrists in the USThe Optometrists industry has exhibited growth over the past five years, thanks to robust demand from the burgeoning elderly population, which has ...
See all reports like this >>

More Australia Physicians' Offices reports

Chiropractic and Osteopathic Services in Australia - Industry Market Research Report by IBISWorld
Chiropractic and Osteopathic Services in AustraliaIndustry operators are primarily engaged in providing chiropractic and/or osteopathic services.This report covers the scope, size, disposition and growth of ...
General Practice Medical Services in Australia - Industry Market Research Report by IBISWorld
General Practice Medical Services in AustraliaThis industry is made up of companies and practitioners that primarily provide general practice medical services.This report covers the scope, ...
Plastic Surgeons in Australia - Industry Market Research Report by IBISWorld
Plastic Surgeons in AustraliaIndustry operators are primarily engaged in the provision of medical techniques intended to enhance the physical appearance for cosmetic or reconstructive purposes. ...
Chiropractic Services in Australia - Industry Market Research Report by IBISWorld
Chiropractic Services in AustraliaPractices in this industry provide chiropractic and osteopathic services.This report covers the scope, size, disposition and growth of the industry including the ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 990  
    Global Site License  USD 2,475  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!