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Ambulance Services Market Size, Share Global Analysis Report, 2020–2026
Ambulance Services Market By Mode of Transport (Ground ambulance services, Air Ambulance Services, and Water Ambulance Services), By Equipment (Advance Life Support(ALS), and Basic Life Support(BLS)), and By Emergency type (Emergency, and Non-Emergency): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
The ambulance services market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire ambulance services market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the ambulance services industry. The report analyzes and declares the historical and current trends analysis of the ambulance services industry and subsequently recommends the projected trends anticipated to be observed in the ambulance services market during the upcoming years.
Key Insights from Primary Research
- According to the CXO,s working in the ambulance services industry, the market is predicted to witness a substantial growth of above 7.9% during the years 2020-2026 attributed to the increasing number of road accidents and chronic diseases.
- Due to the increasing demand for ambulance services, the market is expected to develop by over USD 50,000 million by 2026. In 2019, the market accounted for USD 30,000 million.
- By mode of transport segment, the ground ambulance services held the market with more than a share of 80% of the global market, in 2019 and it is expected to grow over the forecast period owing rise in the number of road accidents.
- By the equipment segment, the advanced life support category headed the market in 2019. It was accounted for more than USD 18,000 million and projected to grow in the future years attributed to raising awareness about life support services and technological advanced equipment.
- By emergency type, in 2019, the emergency category led the market with a share of above 75% of the global market, owing to increasing emergency facilities.
Key Recommendations from Analysts
- Our analysts recommend that North America is expected to be the fastest-growing market for ambulance services during the years to come attributed to growing needs for healthcare facilities and reimbursement policies.
- Owing to the improvement in healthcare facilities, and increased government spending for healthcare services, the Asia Pacific region is anticipated to boost the market.
- Water ambulance services and air ambulance services are projected to witness a lucrative opportunity over the forecast period attributed to growth in the number of medical tourists.
- The rising number of prevalence of chronic illnesses such as cancer and diabetes and the increasing geriatric population will also support the growth of ambulance services.
- Owing to the advanced services offered by the ambulance services such as sufficient ventilation, IV, and drug treatment, and favorable reimbursement policies, the market is expected to witness substantial growth over the forecast period.
Market Attractiveness By Application Analysis
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the ambulance services industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the ambulance services industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the ambulance services market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the ambulance services industry. The ambulance services market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the ambulance services sector. Key strategic developments in the ambulance services market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the ambulance services market are appropriately highlighted in the report.
Ambulance services play a significant role to provide services to a patient having a serious illness or trauma. Ambulance programs shall provide emergency services with advanced technical support and skills. Current emergency systems are equipped with state-of-the-art; 24/7 contact centers with qualified and highly skilled call workers, physicians, and distributors. This makes it ideal for coordinating unplanned demands on the healthcare system by the crew. They must coordinate the response of the health care system to ensure that the patient receives the appropriate medical treatment within the timeline for his / her medical needs. Owing to technologies such as web-driven patient transfer status boards, electronic scheduling systems, the pacing of patient movement events, and the prioritization of patient discharge movements, patient interactions have changed significantly within the healthcare system. However, strict rules imposed by the Federal Aviation Administration (FAA) for patient safety, may hamper the market growth.
The ambulance services market research report delivers an acute valuation and taxonomy of the ambulance services industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the ambulance services industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the ambulance services industry is provided for the leading economies of the world.
The ambulance services market is segmented based on the mode of transport, emergency type, and equipment. On the basis of the mode of transport segmentation, the market is classified into ground ambulance services, air ambulance services, and water ambulance services. In terms of emergency type segmentation, the market is bifurcated into emergency, and non-emergency, and by equipment, the market is separated into advanced life support(ALS), and basic life support(BLS).
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 30,000 Million |
Projected Market Size in 2026 |
USD 50,000 Million |
CAGR Growth Rate |
7.9% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Air Method Corporation, DUTCH HEALTH BV, Falck A/S, London Ambulance Service NHS Trust, Envision Healthcare Corporation, Rural/Metro Corporation, Acadian Ambulance Service Inc., Scandinavian AirAmbulance, Lufttransport AS., and others. |
Key Segment |
By Mode of Transport, By Equipment, By Emergency Type, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the ambulance services market, but not restricted include:
- London Ambulance Service NHS Trust
- DUTCH HEALTH BV
- Falck A/S
- Scandinavian AirAmbulance
- Rural/Metro Corporation
- Acadian Ambulance Service Inc.
- Air Method Corporation
- Lufttransport AS.
- Envision Healthcare Corporation
The taxonomy of the ambulance services industry by its scope and segmentation is as follows:
By Mode of Transport Segmentation Analysis
- Ground ambulance services
- Air Ambulance Services
- Water Ambulance Services
By Equipment Segmentation Analysis
- Advanced Life Support(ALS)
- Basic Life Support(BLS)
By Emergency Type Segmentation Analysis
- Emergency
- Non-Emergency
Global ambulance services Market: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- London Ambulance Service NHS Trust
- DUTCH HEALTH BV
- Falck A/S
- Scandinavian AirAmbulance
- Rural/Metro Corporation
- Acadian Ambulance Service Inc.
- Air Method Corporation
- Lufttransport AS.
- Envision Healthcare Corporation
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