The Ambulance Services Market is expected to grow from USD 31.5 billion in 2020 to USD 67.52 billion by 2028, at a CAGR of 10% during the forecast period 2021-2028.
The rise in medical illnesses has resulted in an increase in hospitals and emergency healthcare services, allowing patients who require emergency medical care at crucial times to get to the hospital on time, saving their lives. Ambulance transport services, both private and public, are becoming more prominent as a necessary service for severe patients at critical times. Every hospital has an ambulance operations facility. These ambulance operating centers are equipped with sufficient ambulance transportation services to provide patients with urgent medical attention. Whereas hospital ambulance transport services, which only operate for emergency situations, private ambulance transport services show a continuous climb in the growth curve each year, giving non-emergency services.
The existence of a massive population group over the age of 60, which has a reduced immune level and is more susceptible to neurological illnesses, heart issues, cancer, and spinal injuries, is to have a high impact as a contributing driver for market growth. Arthritis, heart attacks, strokes, osteoporosis, and obesity are all quite common in the senior population. Patients with severe illnesses may need both emergency and non-emergency treatment. As a result, the market is expected to grow as the elderly population grows. Additionally, the growing number of traffic accidents, as well as the rise in alcohol and mental health-related disorders, are likely to drive the market growth. Medical tourism is also on the rise as a result of improved healthcare facilities and payment rules. As a result of the rise in medical tourism, ambulance services in the travel location may be necessary to transfer patients to their treatment location. The market is forecasted to grow as a result of this. Some restraining factors that may hamper market growth include the probability of prescription mistakes by a pharmaceutical expert and lower medical reimbursement rates in emerging nations.
This study delivers a comprehensive analysis of the mode of transport, types of services, equipment, and region. The mode of transport segment ground ambulance, air ambulance, and water ambulance. The ground ambulance segment held the largest market share, owing to its performance and a high rate of utilization. The types of services segments include emergency services and non-emergency services. The emergency segment held the largest market share, owing to the high frequency of cardiovascular illnesses, including cardiac arrest, stroke, and severe heart failure. The equipment segment includes advanced life support ambulance services-ALS and basic life support ambulance services-BLS. The advanced life support ambulance services-ALS segment holds the largest market share, owing to a rise in technologically developed equipment and skilled people, increased awareness of life support services, and a high prevalence of cardiovascular diseases.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America held the largest market share in the U.S. in the year 2020. The existence of numerous important market participants in this region, the rising need for high healthcare services, very well healthcare facilities and advantageous reimbursement policies, and regulatory changes in the healthcare industry are all contributing to the region's growth. The U.S. healthcare system's focus on the quality of treatment and value-based services has resulted in market growth. Furthermore, the rise of community paramedicine in North America has been attributed to the region's significant market size. Community paramedicine permits Emergency Medical Services (EMS) staff to work beyond their typical emergency service and transport responsibilities by providing a variety of services such as preventative and primary care. The growth of the market in North America has been driven by the introduction of such innovative concepts and rising customer demand for improved services in this region.
Some of the notable players in the market are America Ambulance Services Inc., Acadian Ambulance Service, Air Methods Corporation, AIR MEDICAL GROUP HOLDINGS INC. (AMGH), BVG India Limited, Envision Healthcare, Falck Denmark A/S, London Ambulance Service NHS Trust, MEDIVIC AVIATION, Ziqitza Healthcare Limited.
Ambulance Services Market Analysis and Forecast, Mode of Transport
Ambulance Services Market Analysis and Forecast, Types of Services
Ambulance Services Market Analysis and Forecast, Equipment
Ambulance Services Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Mode of Transport
4.3.2. Market Attractiveness Analysis By Type of Services
4.3.3. Market Attractiveness Analysis By Equipment
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Favorable reimbursement policies
5.2.2. Rising medical tourism
5.2.3. An increasing number of road accidents
5.2.4. A growing geriatric population
5.3. Restraints
5.3.1. Prescription mistakes by a pharmaceutical expert
5.3.2. Lower medical reimbursement rates in emerging nations.
6. Global Ambulance Services Market Analysis and Forecast, By Mode of Transport
6.1. Segment Overview
6.2. Ground Ambulance
6.3. Air Ambulance
6.4. Water Ambulance
7. Global Ambulance Services Market Analysis and Forecast, By Type of Services
7.1. Segment Overview
7.2. Emergency Services
7.3. Non-emergency Services
8. Global Ambulance Services Market Analysis and Forecast, By Equipment
8.1. Segment Overview
8.2. Advanced Life Support Ambulance Services-ALS
8.3. Basic Life Support Ambulance Services-BLS
9. Global Ambulance Services Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Ambulance Services Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Ambulance Services Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. America Ambulance Services Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Acadian Ambulance Service
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Air Methods Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. AIR MEDICAL GROUP HOLDINGS INC. (AMGH)
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. BVG India Limited
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Envision Healthcare
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Falck Denmark A/S
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. London Ambulance Service NHS Trust
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. MEDIVIC AVIATION
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Ziqitza Healthcare Limited
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
2. Global Mode of Transport, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
3. Global Ground Ambulance, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
4. Global Air Ambulance, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
5. Global Water Ambulance, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
6. Global Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
7. Global Emergency Services, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
8. Global Non-emergency Services, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
9. Global Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
10. Global Advanced Life Support Ambulance Services-ALS, Foundry, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
11. Global Basic Life Support Ambulance Services-BLS, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
12. Global Foundry, Ambulance Services Market, By Region, 2018-2028 (USD Billion)
13. North America Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
14. North America Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
15. North America Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
16. U.S. Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
17. U.S. Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
18. U.S. Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
19. Canada Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
20. Canada Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
21. Canada Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
22. Mexico Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
23. Mexico Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
24. Mexico Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
25. Europe Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
26. Europe Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
27. Europe Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
28. Germany Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
29. Germany Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
30. Germany Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
31. France Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
32. France Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
33. France Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
34. U.K. Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
35. U.K. Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
36. U.K. Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
37. Italy Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
38. Italy Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
39. Italy Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
40. Spain Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
41. Spain Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
42. Spain Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
43. Asia Pacific Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
44. Asia Pacific Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
45. Asia Pacific Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
46. Japan Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
47. Japan Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
48. Japan Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
49. China Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
50. China Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
51. China Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
52. India Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
53. India Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
54. India Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
55. South America Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
56. South America Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
57. South America Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
58. Brazil Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
59. Brazil Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
60. Brazil Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
61. Middle East and Africa Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
62. Middle East and Africa Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
63. Middle East and Africa Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
64. UAE Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
65. UAE Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
66. UAE Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
67. South Africa Ambulance Services Market, By Mode of Transport, 2018-2028 (USD Billion)
68. South Africa Ambulance Services Market, By Type of Services, 2018-2028 (USD Billion)
69. South Africa Ambulance Services Market, By Equipment, 2018-2028 (USD Billion)
List of Figures
1. Global Ambulance Services Market Segmentation
2. Global Ambulance Services Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Ambulance Services Market Attractiveness Analysis By Mode of Transport
9. Global Ambulance Services Market Attractiveness Analysis By Type of Services
10. Global Ambulance Services Market Attractiveness Analysis By Equipment
11. Global Ambulance Services Market Attractiveness Analysis By Region
12. Global Ambulance Services Market: Dynamics
13. Global Ambulance Services Market Share by Mode of Transport (2021 & 2028)
14. Global Ambulance Services Market Share by Type of Services (2021 & 2028)
15. Global Ambulance Services Market Share by Equipment (2021 & 2028)
16. Global Ambulance Services Market Share by Regions (2021 & 2028)
17. Global Ambulance Services Market Share by Company (2020)
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