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Big data, mHealth, and point-of-care testing are set to transform the A$130b Australian healthcare industry.
Dan Blair · Venture InsightsPeriod: May 201512 min read
Last updated
Total annual contribution of healthcare to the Australian economy
Cost reduction for healthcare services via teleHealth platforms
This report analyses the Australian healthcare industry, which contributes over A$130b to the economy annually. Using a proprietary Disruption Framework, it identifies A$23b of revenue as susceptible to technological disruption, specifically within the healthcare IT, medical equipment, and general practice segments. The analysis highlights big data in eHealth, mobile-enabled point-of-care testing, and the evolution of TeleHealth into mHealth as the primary drivers of change, with Telstra emerging as a significant disruptive force in the market.
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