The Global Ambulance Services Market size is expected to reach $31.8 billion by 2025, rising at a market growth of 4.9% CAGR during the forecast period. Ambulance services are the emergency response to move critically injured or sick patients to and from hospitals and ensure that healthcare workers provide appropriate attention. Efficient outpatient programs contribute to prompt medical care for victims of injuries or patients with chronic illnesses. Ambulance services play a significant role in the health care sector.
Global Ambulance Services Market Size
The growth of the ambulance services market has been propelled by the increasing geriatric population along with the rise in the prevalence of chronic diseases like cancer and diabetes, as well as complex medical needs. In addition, a growing number of alcohol and mental health problems along with an increased rate of road accidents are other significant factors responsible for the growth of the demand for ambulance services. According to the World Health Organization, about 1.35 million people die as a result of road traffic accidents every year.
In addition, the ambulance services sector comprises private and public providers offering air or surface transport services to seriously ill patients, along with primary medical care. These vehicles are equipped with healthcare practitioners operating life-saving devices. For many countries, private ambulance services have emerged to provide ambulance services, particularly in rural areas that lack the necessary funds to provide free ambulance services and also due to state monetary issues.
Ambulance Services Market Share
Based on Transport Type, the market is segmented into Ground Ambulance Services, Air Ambulance Services and Water Ambulance Services. Based on Urgency, the market is segmented into Emergency Ambulance Services and Non-Emergency Ambulance Services. Based on Equipment, the market is segmented into Advance Life Support and Basic Life Support. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Ambulance Services Market to reach a market size of $31.8 billion by 2025
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Falck A/S, Babcock International Group PLC (Scandinavian AirAmbulance), Acadian Ambulance Service, Inc. (Acadian Companies), Medivic Pharmaceutical Pvt. Ltd. (Medivic Aviation), BVG India Ltd., America Ambulance Services, Inc., Air Methods Corporation (ASP AMC Intermediate Holdings, Inc.), Global Medical Response, Inc., Ziqitza Health Care Limited, and Dutch Health B.V.
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Market Segmentation:
By Transport Type
By Urgency
By Equipment
By Geography
Companies Profiled
The ambulance services market is projected to reach USD 31.8 billion by 2025.
The major factors that are anticipated to drive the ambulance services industry include growing demand for air ambulance for coronavirus patients, Lack of standardized healthcare infrastructure triggers demand for efficient ems, and Rising medical tourism.
The ground ambulance services served the largest market share in 2019, owing to their reliability and high usage levels. Ground ambulance includes trucks for van or pick-up, car/SUV, motorcycle, bicycle, all-terrain, golf cart, and bus.
The expected CAGR of ambulance services market is 4.9% from 2019 to 2025.
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