Global Ambulance Services Market Size Predicted to Exceed USD 66.59 Billion By 2028, at 9.9% CAGR Growth: Polaris Market Research

Global Ambulance Services Market Size Predicted to Exceed USD 66.59 Billion By 2028, at 9.9% CAGR Growth: Polaris Market Research
According to the research report, the global ambulance services market size was valued at USD 32.42 billion in 2020 and is expected to reach USD 66.59 Billion by 2028, to grow at a CAGR of 9.9% during the forecast period.

According to the research report, the global ambulance services market size was valued at USD 32.42 billion in 2020 and is expected to reach USD 66.59 Billion by 2028, to grow at a CAGR of 9.9% during the forecast period.

What is Ambulance Services? How Big is Ambulance Services Market?

  • Overview

 

Services that offer emergency medical care and shift the patient to the proximity health care center are known as emergency medical services. These emergency medical services are also known as ambulance services. The main objective of emergency medical service is to offer medical care that is instant without quantifying the distance. These services will assist in giving a quality of life that is better. In most cases, emergency medical services can be offered by using motor vehicles, cars, or aircraft.

Ambulance services are the principal contributors to 24/7 reaction to trauma and medical-related emergencies. They offer a controlled and assembled system permitting a response that is timely of fittingly certified health care workers, frequently to potential or established medical emergencies. Albeit medical retrieval teams are offered by prominent trauma centers, cooperation of the team and rescue helicopter is provided by the ambulance communications center and also staffed in most cases with intensive care paramedics.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Highlights of the report

  • This study offers an analytical portrait of the global air ambulance services market analysis together with present trends and estimations of the future to represent approaching investment pockets
  • The comprehensive air ambulance services market opportunity is decided by comprehending successful trends to gain a foothold that is stronger
  • The report confers information connected to significant drivers, restraints, and opportunities of the global ambulance services market with a comprehensive impact analysis
  • The present air ambulance services market is quantitatively analyzed over the forecast period to specify the financial competency
  • Porter’s five forces analysis demonstrates the potency of the buyers and suppliers in the industry

 

Top Companies in the Global Market Are:

  • Envision Healthcare
  • Acadian Ambulance Service
  • BVG India Limited
  • Ziqitza Healthcare Limited
  • London Ambulance Service NHS Trust
  • America Ambulance Services Inc.
  • AIR MEDICAL GROUP HOLDINGS
  • Falck Denmark A/S
  • Air Methods Corporation
  • MEDIVIC AVIATION

 

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Ambulance services market: Growth leading factors

Accidents caused by road traffic are responsible for the ninth leading cause of death globally. ASIRT also announced that over 37,000 people die in road accidents each year in the US, and a supplementary 2.35 million get disabled or injured. As per the Ministry of Road Transport and Highways Transport Research Wing, Government of India, road accidents have increased by 4.6%. It is also communicated that roughly 400 deaths occur every day on Indian roads.

Cardiovascular diseases like congestive heart failure, cardiac arrest, coronary artery disease, and stroke need instant medical attention and emergency medical services. As per WHO, worldwide, CVDs are a significant cause of death and CVD contained 31.0% of aggregate global deaths. Of these, 6.7 million were caused by stroke, and 7.4 million were the outcome of coronary heart diseases. As per CDC, each year, roughly 735,000 cases of heart attack are reported in the US. Therefore the growing occurrence of cardiovascular diseases is anticipated to cushion the market growth.

The covid-19 outbreak has had an affirmative influence on the ambulance services market. The increasing demand for ambulance services to offer emergency care services to covid-19 patients in the epidemic is propelling the expansion of the market. Even if the crisis has stabilized, the market is anticipated to continue growth.

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Ambulance services market: Report Scope

Report Attribute

Details

Market Size 2020 Value

USD 32.42 billion

Market Outlook for 2028

USD 66.59 billion

Expected CAGR Growth

9.9% from 2021 – 2028

Base year

2020

Forecast period

2021 – 2028

Segments covered

By Transport Vehicle, By Emergency Services, By Equipment, By Region

Key Companies

Envision Healthcare, Acadian Ambulance Service, BVG India Limited, Ziqitza Healthcare Limited, London Ambulance Service NHS Trust, America Ambulance Services, Inc., AIR MEDICAL GROUP HOLDINGS, Falck Denmark A/S, Air Methods Corporation, and MEDIVIC AVIATION

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

 

Ambulance services market: Key segmentation

  • Insight by transport vehicle, emergency services, equipment, and region

 

The ground ambulance segment dominated the market by transport vehicles and held the largest revenue share. Ground ambulance includes pickup trucks, SUVs, bicycles, motorcycles, all-terrain cars, and buses. Different regions have authorized norms for the ambulance design concerning the level of equipment, crash resistance, and exterior marking. Emergency services emergency service dominated the market owing to cardiovascular diseases like stroke, cardiac arrest, and growing cases of covid-19 globally. By equipment, the advanced life support ambulance service segment dominated the market. It held the largest revenue share owing to increasing consciousness about life-supporting services, growing occurrences of cardiovascular disorders, and growth in technologically advanced equipment and trained personnel.

By region, North America dominated the ambulance services market owing to factors like the existence of many significant market players in this region, increasing demand for healthcare services that are high quality, healthcare infrastructure that is well established, and reimbursement policies that are favorable and regulatory refinement healthcare sectors. The prominence of the US healthcare sector on quality of care and value-based services has caused the market to grow. Further, the exposure of community paramedicine in North America has also assisted in the large market size of the region. Community paramedicine permits Emergency Medical Services (EMS) providers who provide primary and preventive care services to operate outside their conventional emergency response and transport roles.

Browse the full “Ambulance Services Market Share, Size, Trends, Industry Analysis Report, By Transport Vehicle (Ground Ambulance, Air Ambulance, Water Ambulance); By Equipment (Advanced Life Support Ambulance Services, Basic Life Support Ambulance Services); By Emergency Services; By Regions; Segment Forecast, 2021 – 2028” Report at https://www.polarismarketresearch.com/industry-analysis/ambulance-services-market

Important Questions Being Answered by The Market Report

  • What is the market size and growth?
  • What are the upcoming trends in the ambulance service industry?
  • How can a sample report of the ambulance service industry be obtained?
  • Is an ambulance services business beneficial?
  • How much has the ambulance service industry grown?
  • How was the company profile of the top ten players in the ambulance service industry obtained?

 

The market primarily depends on the transport vehicle, emergency services, equipment, and region

Ambulance services market: By transport vehicle

  • Ground Ambulance
  • Air Ambulance
  • Water Ambulance

 

Ambulance services market: By emergency services

  • Emergency Services
  • Non-emergency Services

 

Ambulance services market: By equipment

  • Advanced Life Support (ALS) Ambulance Services
  • Basic Life Support (BLS) Ambulance Services

 

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