Key industry statistics*

  • $202.4bn

    revenue in 2023

  • $23.1bn

    profit in 2023

  • 53.6%

    of services offered are hospitals

  • $87.0bn

    in wages in 2021

    *IBISWorld industry overview


Internationally, Australia is regarded as a centre of excellence for providing health care services. This has been driven by a highly regulated environment, with enormous competing pressures to provide the absolute best standard of care available while ensuring long term financial stability.

Long-term health reforms, growing demands for health services, the advent of new technologies and shifting social and community expectations also pose unique challenges for the sector. 

The SW team‘s health sector capability spans hospitals, aged care facilities, pharmacy, government agencies, not-for-profits and allied health services.

Our team also has extensive experience working with medical research, manufacturing, wholesale and technology companies, meaning you can rely on our understanding of specific medical sector technical issues that can arise.

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