The Ambulance Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Ambulance Services Global Market Report 2024, The ambulance services market size has grown strongly in recent years. It will grow from $73.83 billion in 2023 to $80.04 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to emergency medical demand, urbanization trends, government regulations and standards, health insurance coverage, public awareness and education.
The ambulance services market size is expected to see strong growth in the next few years. It will grow to $101.49 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to population aging, pandemic preparedness, community paramedicine programs, integration with mobile health apps, climate change and natural disasters. Major trends in the forecast period include data analytics for resource allocation, technological integration, telemedicine integration, specialized ambulance services, data-driven decision making, community collaboration for emergency response.
Changes in lifestyles and an increase in sedentary jobs are transforming the disease profile of the world population, which demands ambulance services. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based government agency, more than 356,000 people have an out-of-hospital cardiac arrest in the United States every year, and about 60% to 80% of them die before reaching the hospital. Lifestyle changes increase the incidence of cardiac arrests and thereby drive the demand for ambulance services.
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The ambulance services market covered in this report is segmented –
1) By Type: Ground Ambulance Services, Air Ambulance Services, Water Ambulance Services
2) By Type of Expenditure: Public, Private
3) By Ownership: Chained, Standalone
4) By End User Gender: Male, Female
Digitalization of information related to patients including their medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results is being made possible with Electronic Health Records (EHRs). EHRs increase patient participation and improve diagnostic and treatment outcomes. Adoption of EHRs by medical practitioners and healthcare centers improve medical practice management by increasing practice efficiencies. It also aids in cost savings.
The ambulance services market report table of contents includes:
- Executive Summary
- Ambulance Services Market Characteristics
- Ambulance Services Market Trends And Strategies
- Ambulance Services Market - Macro Economic Scenario
- Global Ambulance Services Market Size and Growth
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- Global Ambulance Services Market Competitive Benchmarking
- Global Ambulance Services Market Competitive Dashboard
- Key Mergers And Acquisitions In Ambulance Services Market
- Ambulance Services Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Fresenius Medical Care AG & Co. KGaA
- Providence Service Corporation
- Alia MedFlight
- Babcock International Group PLC
- Falck AS
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