Global Ambulance Servicess Market Overview:
According to MarkNtel Advisors study the Global Ambulance Services Market size is expected to be valued at around USD 68 billion by 2030 and is estimated to grow at a CAGR of about 8.7% during the forecast period, i.e., 2024-30. The rise in medical tourism and favorable reimbursement policies are expected to drive up demand for ambulance services. Factors such as an increased frequency of traumatic accidents, chronic illnesses, and a growing elderly population worldwide contribute to this escalating demand. Ambulances, specialized vehicles equipped with medical facilities, play a crucial role in moving individuals to healthcare facilities like hospitals, providing essential out-of-hospital care during transit.
Key Findings of the Study: Ambulance Servicess market
Global Ambulance Services Market Trend:
Greater Emphasis on Air Ambulance in Present Years to Enhance Market Size – Ongoing advancements in the Global Ambulance Services Market have led to an increased demand for emergency ambulance services utilizing drones, helicopters, and several other air transport. For instance, Babcock Norway and the European Union signed a contract in April 2021. This contract aims to provide round-the-clock quick jet air ambulance service to the rescue scheme. These services are crucial for rescue operations and the swift delivery of blood and organs to patients & victims.
Moreover, increased security concerns and a growing requirement for fixed-wing aerial ambulances to facilitate long-distance medical missions contribute to market growth. Furthermore, the development of passenger drones is a significant market trend that is expected to contribute to the expansion of the air ambulance industry, further instigating the Ambulance Services Market share, in the years ahead.
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Scope of the Ambulance Servicess Market Report Segmentation
-By Mode of Transportation
- Air Ambulance- Market Size & Forecast 2019-2030, USD Million
- Ground Ambulance- Market Size & Forecast 2019-2030, USD Million
- Water Ambulance – Market Size & Forecast 2019-2030, USD Million
-By Service
- Emergency Medical Services- Market Size & Forecast 2019-2030F, USD Million
- Non-Emergency Medical Services- Market Size & Forecast 2019-2030F, USD Million
-By Equipment
- Advance Life Support (ALS) Ambulance Services- Market Size & Forecast 2019-2030F, USD Million
- Basic Life Support (BLS) Ambulance Services- Market Size & Forecast 2019-2030F, USD Million
-By Payer
- Public-Market Size & Forecast 2019-2030F, USD Million
- Private- Market Size & Forecast 2019-2030F, USD Million
-By End User
- Hospitals-Market Size & Forecast 2019-2030F, USD Million
- Nursing Homes- Market Size & Forecast 2019-2030F, USD Million
- Home Healthcare Settings- Market Size & Forecast 2019-2030F, USD Million
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Geographical analysis:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
North America to dominate the Ambulance Services Market. It is attributed to several factors, such as the escalating number of emergency cases, a higher prevalence of chronic illnesses, the presence of major market players, increasing demand for superior healthcare services, and a well-established healthcare infrastructure. As outlined in the IDF report, the US recorded 32.2 million adults (aged 20-79) with diabetes in 2021, with projections indicating a rise to 36.3 million by 2045. This heightened prevalence of diabetes is anticipated to create ample opportunities for ambulance services, thereby fostering market growth in the region.
Global Ambulance Services Market Industry Recent Development:
- June 2022: Care4Parents, a platform providing eldercare services in India, joined forces with Dial4242 Ambulance service. Through this collaboration, Care4Parents users can swiftly book an ambulance within seconds, ensuring the round-the-clock availability of this service (24X7).
- 2022: Acadian Ambulance Service extended its operations to Nashville and acquired the operational assets of MedicOne Medical Response in Tennessee, Mississippi, and Texas.
Current Landscape of Ambulance Servicess Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Ambulance Servicess market. The research report profiles major players, including
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- Acadian Ambulance Service
- BVG
- America Ambulance Service
- Falck A/S
- Air Methods
- Ziqitza Healthcare Limited
- Harmonie Ambulance
- Aeromedevac
- SHM Shipcare
- Gama Aviation Plc
- Medivic Pharmaceutical Pvt Ltd
- MetroAtlanta Ambulance Service
- London Ambulance Service NHS Trust
- Fresenius Medical Care Ltd.
- MedTrans Corporation
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