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 - Starting a New Business Chapter
Barriers to entry to this industry are moderate overall, but vary significantly according to segment. In all segments there are costs associated with building up a viable customer base.
In the blood and organ bank segment, barriers are very high due to the dominant position of government-run services.
In the pathology and radiology services segments, barriers are relatively high as the cost of establishing a new business includes high-cost equipment, recruiting and training staff, and a referral base. In addition, NHS services have a dominant position as they cater directly to the public sector and have direct access to public funds. Private sector provision, however, tends to be more lucrative though less financially stable. Amb.. purchase to read more