Industry Analysis & Industry Trends
Australia's population relies on the Ambulance Services industry for a critical emergency service. The industry's various government-funded operators are at a constant state of readiness to ensure patients that require emergency or urgent ambulance attention can quickly receive such attention. The full costs of ambulance services are generally not covered by ambulance member subscriptions and private health insurance benefits. State government grants typically make up the cost shortfall, with those grants becoming additional industry revenue. Consequently, increased ambulance costs translate to increased industry revenue.
Demand for ambulance services has increased over the past five years... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Ambulance Services industry has high market share concentration, with the largest four operators accounting for over 80% of industry revenue. High market share concentration occurs because ambulance services are generally owned and funded by state governments. Therefore, a monopoly occurs within every state, as each state has one major ambulance service to cover the entire population. The Ambulance Service of NSW, Ambulance Victoria, the Queensland Ambulance Service and the SA Ambulance Service account for the majority of industry revenue, while St John Ambulance WA is also a significant operator. The industry is also tightly regulated beyond the state-based services, with the market for non-emergency patient transport difficult to enter... purchase to read more