Equity Research Report

Equity
Research
Report
1

INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Industry overview and competitive positioning..............................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................6
2

INTRODUCTION
MAIN BODY
Industry overview and competitive positioning
Australia has an integrated health-care system but resources are still not uniformly dispersed
due to their large scale. In Australia, medical care is provided by both government and the
private sector firms which are also paid for by the government. Healthcare in Australia is
primarily financed by government at national, state, and local government levels, as well as by
private medical insurance but health care expenses are also incurred by non-profit organisations,
with significant costs borne by patients or charities. Some resources, particularly remote and
mental health services, are provided by volunteers.
The Community Services includes a variety of health care and services. Public hospitals are
the main profit producer for the region, accounting for over half of Australia's revenue from
health care. Subdivision general practitioners, nursing professionals and doctors also serve major
revenue sources. As well as widening private insurance coverage, Australia's rising and aging
population is expected to create high demand for healthcare services over the five years to 2018-
19. Increasing demand has largely guided revenue growth, as inflation in some sectors has
outpaced rises in Medicare benefits per program and schedule fees.
There are some key players which capture the Australian health care market and all are as
follow; Ministry of health market, Department of Health and Human Services, Queensland
Health and Department of Health of Western Australia.
Porter’s competitive strategy:
Threats of entrants: New competitors in Health Care Equipment & Services are need to
introduce creativity, innovative ways of working and bringing pressure on Ansell Limited
through a lower pricing approach, reducing prices and supplying consumers with new value
proposals. Ansell Limited must overcome all these obstacles and build successful barriers to
preserve its competitive advantage. Through making new goods and services innovated. New
services not only carry new clients to the market but also offer old consumers a reason to
purchase goods from Ansell Limited. By creating economy of scale so the fixed expense per unit
can be reduced. New competitors are less likely to enter a competitive market, where existing
players like Ansell Limited tend to regularly define the standards.
3