The Asia Pacific Ambulance Services Market would witness market growth of 6.2% CAGR during the forecast period (2019-2025). 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.
The privatization of the ambulance has allowed the operators to concentrate on new technology and thus promote long-term business growth. Increasing demand for air ambulance services and a growing number of private health insurance patients are also anticipated in the coming years to fuel this sector further. Nevertheless, other limiting factors may hamper the demand in the coming years, including lower levels of medical reimbursement in developing countries, and a pharmaceutical professional's risk of prescription errors. Furthermore, technical advancements have increased the standard of emergency services which will provide the market for ambulance services with growth opportunities in the coming years.
Ground transportation leads the segment because it is the most reliable and safe way to treat patients in an emergency. Its flexibility and easy availability are also expected to fuel segment growth as compared with other transport systems.
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 countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Ambulance Services Market in Asia Pacific is expected to register a CAGR of 6.2% during the forecast period (2019-2025)
The market research report covers the analysis 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.
Market Segmentation:
By Transport Type
By Urgency
By Equipment
By Country
Companies Profiled
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