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Ageing population and technological enablers like AI and mHealth will stimulate growth and disrupt traditional care models.
Chris Blyth · Venture InsightsPeriod: November 20168 min read
Last updated
Forecast CAGR for primary health spend (2015-2026)
Base case primary health market value (2025-26)
This report analyses the Australian primary healthcare market, which accounted for $54.7bn of the $154.6bn total health expenditure in 2014. It forecasts a 3.3% CAGR for primary health spend through 2025-26, reaching $80.4bn in a base case scenario. The analysis explores how disruptive technologies, including artificial intelligence, big data, and 3D printing, are poised to overhaul traditional service delivery models to address the rising costs associated with an ageing population and chronic disease prevalence.
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