Industry Analysis & Industry Trends
The UK Diagnostic and Ambulance Services industry has expanded over the past five years. Britain's ageing population has driven sustained demand for the industry's services. Older people visit health-care providers more often than younger people, and those providers rely heavily on diagnostic and ambulance services. Government expenditure has risen but at a slower rate than demand for health-care services. The subsequent overburdening of the NHS has limited industry growth. However, backlogs in the public health-care system are not all bad news for the industry, as the outsourcing of health-care services to the private sector increased, contributing positively to industry revenue growth... purchase to read more
Industry Report - Industry Investment Chapter
The level of capital intensity is determined by comparing the human and capital equipment factors of production, using wages and depreciation costs as proxies. Comparatively high depreciation costs indicate substantial investment in depreciable assets, such as buildings and equipment, resulting in high capital intensity. Conversely, comparatively high wage costs indicate high labour intensity.
Capital intensity varies by industry segment. However, broadly speaking the industry combines very high labour inputs with reasonably high capital inputs. The result is moderate capital intensity. In 2016-17, for every £1 spent on capital, operators are expected to spend £7.22 on wages.
Employees in the industry tend to be highly trained and reasonably well paid. Mea.. purchase to read more