Industry Analysis & Industry Trends
The Ambulance Services industry provides critical emergency services to Australia's population. The industry's various government-funded operators ensure that patients requiring emergency or urgent ambulance attention can receive it quickly. The full costs of ambulance services tend not to be covered by ambulance member subscriptions and private health insurance benefits. State government grants make up the cost shortfall, with those grants becoming additional revenue. Increased ambulance costs therefore translate into greater industry revenue.
Demand for ambulance services has increased over the past five years, on the back of population growth and Australia's ageing population. The average cost of ambulance responses has risen, but is subsidised by government grants... 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 more than 70% of industry revenue. High market share concentration occurs because ambulance services are generally owned and funded by state governments. A monopoly for emergency and urgent responses occurs within every state, as each state has one major ambulance service to cover the entire population. The NSW Ambulance, Ambulance Victoria, the Queensland Ambulance Service and St John Ambulance WA account for the majority of industry revenue, while the SA Ambulance Service is also a significant operator. Market share concentration is slightly lower for non-emergency responses, due to a shift towards private operators... purchase to read more