Melbourne, Australia (PRWEB) May 23, 2012
The primary role of all ambulance services is emergency pre-hospital medical care, although they generally provide both emergency response and patient transfer on behalf of the health sector. The Ambulance Services industry in Australia will generate revenue of approximately $2.47 billion in 2011-12, up 5.2% compared with revenue in 2010-11. According to IBISWorld industry analyst Nigel Fitzpatrick, “industry revenue is expected to grow at an annualised rate of 5.7% in the five years through 2011-12”. The cost of providing ambulance services will increase primarily as a result of ambulance officer award salary increases, ongoing recruitment, technology enhancement, and infrastructure spending to address growth in demand and maintain operational response times. These higher costs will be met by an increase in government grants and higher transport and other charges.
There has been a trend for bringing ambulance services under the health portfolio, and such an approach could enhance synergies and potentially help reduce total health costs and free up heavily used resources. Fitzpatrick adds “some state and territory governments may follow the Victorian Government's lead by splitting emergency and non-emergency ambulance operations into distinct units, and by opening up the market for non-emergency services”. This could provide more focused activities in the Ambulance Services industry, with resources matching service requirements. Competition could be increased by the tendering out of public hospital ambulatory transport requirements.
Market share concentration in the Ambulance Services industry is high. This industry is heavily regulated and major government-owned operators have significant control over the provision of ambulance services. Major players include Ambulance Service of NSW, Ambulance Victoria, Department of Community Safety, SA Ambulance Service and St John Ambulance Australia WA Ambulance Service. Ambulance Services industry revenue is forecast to grow in the five years through 2016-17. Demand for ambulance services will be promoted by the following: growth in the population; population ageing; the rising burden of chronic disease; the accessibility of alternative services, such as the reduced availability of out-of-hours general practitioner services; developments in the public hospital system, such as early discharge; and societal changes, such as an increase in lone person households.
For more information, visit IBISWorld’s Ambulance Services report in Australia industry page.
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IBISWorld industry Report Key Topics
This class consists of units mainly engaged in providing ambulance services.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
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