Global Ambulance Services Market Size study & Forecast, by Transport Vehicle by Emergency Services by Equipment (Advance Life Support Ambulance Services, Basic Life Support Ambulance Services) and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Ambulance Services market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Ambulance Services market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Ambulance Services Market is valued approximately USD 40.23 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.9% over the forecast period 2023-2030. Ambulance services refer to the emergency medical services (EMS) that provide transportation and medical assistance to individuals who need urgent medical care. The main purpose of ambulance services is to provide rapid medical response to individuals who are experiencing a medical emergency, such as a heart attack, stroke, or severe injury.
The demand for ambulance services has grown as a result of a growth in the number of serious accidents, persons with various chronic ailments, and the elderly. Over the course of the projected period, it is also anticipated that the growth in medical tourism and the availability of reimbursement schemes will increase demand for ambulance services. A significant portion of the population over the age of 60, who often have a reduced immunity level and are more susceptible to neurological disorders, cardiac issues, cancer, and spinal injuries, is also anticipated to have a strong impact on the market’s growth over the projected period. For instance, the Department of Economic and Social Affairs of the United Nations projects that by 2050, about 1 in 6 of the world’s population would be over 65. Additionally, according to a comparable estimate, there were 703 million persons over 65 in the world. Therefore, the market for ambulance services is projected to expand as the senior population grows.
Ambulance services saw an upsurge in demand due to the COVID-19 epidemic. For instance, Accretion Aviation had a 20% increase during the COVID-19 outbreak, according to Quartz India. However, it is anticipated that as the number of COVID-19 patients declines, so will the demand for ambulance services. As a result, the market is anticipated to experience a little fall in 2022-2023. Even though the market for ambulance services has shrunk, significant growth is expected over the next few years. This can be attributable to an increase in ambulances over the course of COVID-19. For instance, the Mint reported that Ziqitza Healthcare would give the Madhya Pradesh (India) government 200 extra ambulances during the COVID-19 period. Thus, aforementioned factors are expected to be responsible for the growth of ambulance services market. However, the regulatory hurdles regarding Ambulance Services stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Ambulance Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, North America dominated the market for ambulance services and generated the biggest revenue share. The existence of multiple major market participants in this area, the rising demand for high-quality healthcare services, the region’s well-established healthcare infrastructure, and favourable reimbursement policies and regulatory reforms in the healthcare industry are all contributing factors to the expansion. Nevertheless, the Asia Pacific region is anticipated to see the fastest CAGR of 12.42% throughout the course of the projection period. The increase in the elderly population in nations like China, India, and Japan is responsible for the growth rate. For instance, according to the Statistics Bureau of Japan, 36.19 million people in Japan were 65 years of age or older in 2020, making up around 28.8% of the country’s overall population. Similar to China, the WHO predicts that by 2040, there will be 28% of seniors in the country. Because seniors are more likely to suffer from various illnesses, the Asia Pacific area is forecast to experience the quickest growth rate.
Major market players included in this report are:
- Babcock International Group PLC
- London Ambulance Service NHS Trust
- Acadian Ambulance Service
- BVG
- America Ambulance Service, Inc.
- Falck A/S
- Global Medical Response
- Air Methods Corporation
- ZIQITZA HEALTHCARE LIMITED
- Medivic Ambulance
Recent Developments in the Market:
In 2020, Falck, a Denmark-based ambulance service provider, entered a partnership with the Chinese ride-hailing company, Didi Chuxing, to provide medical transportation services in China.
In 2021, UK-based ambulance service provider, Falck UK, announced that it was launching a new non-emergency patient transport service to provide transportation for patients who do not require emergency medical care.
In 2020, US-based ambulance service provider, Priority Ambulance, announced that it had received accreditation from the Commission on Accreditation of Ambulance Services (CAAS), which recognizes excellence in emergency medical services.
Global Ambulance Services Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Transport Vehicle, Emergency Services, Equipment, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Transport Vehicle:
- Ground Ambulance
- Air Ambulance
- Water Ambulance
By Emergency Services:
- Emergency Services
- Non-emergency Services
By Equipment:
- Advance Life Support (ALS) Ambulance Services
- Basic Life Support (BLS) Ambulance Services
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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- Discussion: Explores the implications and significance of the findings within the broader context. This section may address challenges, opportunities, and potential solutions related to the subject matter.
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- Conclusion: Summarizes the key points discussed in the report and reinforces the main findings.
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
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Key Points Covered in Ambulance Services Market Report:
Table of Contents
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Ambulance Services Market, by Region, 2020-2030 (USD Billion)
1.2.2. Ambulance Services Market, by Transport Vehicle, 2020-2030 (USD Billion)
1.2.3. Ambulance Services Market, by Emergency Services, 2020-2030 (USD Billion)
1.2.4. Ambulance Services Market, by Equipment, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ambulance Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ambulance Services Market Dynamics
3.1. Ambulance Services Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing incidence of traumatic accidents
3.1.1.2. Increase in number of people suffering from various chronic diseases
3.1.2. Market Challenges
3.1.2.1. Regulatory Hurdles for Ambulance Services
3.1.3. Market Opportunities
3.1.3.1. Rise in medical tourism
3.1.3.2. Availability of reimbursement policies
Chapter 4. Global Ambulance Services Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
……..and view more in complete table of Contents
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