Product Code: GVR-2-68038-052-1
Ambulance Services Market Growth & Trends:
The global ambulance services market size is expected to reach USD 67.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.6% from 2021 to 2028. Rising medical tourism and an increasing number of road accidents and CVD cases are the key driving factors for the market.
The growth of the market is due to favorable reimbursement policies in developed nations. In the U.S., Medicare covers both non-emergency and emergency ambulance services for medically necessary cases, if the supplier fulfills stipulated requirements. In some circumstances, Medicare also covers unscheduled and irregular non-emergency trips. Medicare covers 80.0% of the approved amount for emergency medical services and the remaining 20.0% is covered by the supplemental insurance policy of the patient. In New Jersey, Pennsylvania, and South Carolina, for repetitive, non-emergency trips, patients need prior authorization from Medicare Administrative Contractor (MAC). However, Medicare does not pay for ambulates (wheelchair-accessible vans that provide non-emergency transportation services).
In Victoria, Australia, patients can avail of emergency medical services by securing membership with Ambulance Victoria, which offers emergency medical services at subsidized prices. Ambulance Tasmania provides free emergency medical services to residents of Tasmania. Residents of Queensland (Australia) are covered with the cost of emergency services across Australia, by the QLD state government. Similarly, in the U.K., the public healthcare system provides free emergency and non-emergency medical services. In addition, patients receive NHS funding for their treatment. In Germany, public health insurance (Gesetzliche Krankenversicherung) is compulsory for every citizen and this insurance also covers non-emergency and emergency medical services. Private health insurance (Private Krankenversicherung) is usually opted by those who have high yearly income. Ease of payment through reimbursement policies encourages patients to opt for emergency medical services more frequently, which is likely to bolster the growth of the market.
Ambulance Services Market Report Highlights:
- In terms of revenue, the ground ambulance segment held the largest share in 2020. The rising number of road accidents and increasing COVID-19 cases across the globe are major factors propelling segment growth
- The emergency services segment held the largest market share in 2020 and is expected to grow fast over the forecast period due to the increasing number of CVDs
- The Advanced Life Support (ALS) ambulance services segment held the largest market share in 2020. The growth of the segment is majorly driven by the increasing medical tourism across the globe
- In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising number of COVID-19 cases in the region
Table of Contents
Chapter 1 Research Methodology
- 1.1 Research Methodology
- 1.1.1 Information procurement
- 1.2 Information or Data Analysis
- 1.3 Market Formulation & Validation
- 1.4 Region Wise Market Calculation
- 1.4.1 Region Wise Market: Base Estimates
- 1.4.2 Global Market: CAGR Calculation
- 1.5 Region Based Segment Share Calculation
- 1.6 List of Secondary Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot, 2020
Chapter 3 Industry Outlook
- 3.1 Market Segmentation
- 3.2 Market Variable Analysis
- 3.2.1 Market driver analysis
- 3.2.1.1 Favorable reimbursement policies
- 3.2.1.2 Entrance of new ambulance service providers globally
- 3.2.1.3 Rising medical tourism
- 3.2.1.4 Increasing number of road accidents
- 3.2.1.5 Rising CVD
- 3.2.1.6 Increasing geratric population
- 3.2.2 Market restraint analysis
- 3.2.2.1 High cost of air ambulances
- 3.2.2.2 Stringent regulations by the Federal Aviation Administration (FAA)
- 3.3 Penetration & Growth Prospect Mapping
- 3.4 Business Environment Analysis tools
- 3.4.1 SWOT Analysis, by PEST
- 3.4.1.1 Political & Legal
- 3.4.1.2 Economic
- 3.4.1.3 Technological
- 3.4.2 Porter's five forces analysis
- 3.4.2.1 Bargaining power of buyers
- 3.4.2.2 Bargaining power of suppliers
- 3.4.2.3 Competitive rivalry
- 3.4.2.4 Threat of new entrants
- 3.4.2.5 Threat of substitutes
Chapter 4 Transport Vehicle Segment Analysis
- 4.1 Ambulance Services Market: Transport Vehicle Movement Analysis
- 4.2 Ground Ambulance
- 4.2.1 Ground ambulance market, 2016-2028 (USD Million) (Volume, Units)
- 4.3 Air Ambulance
- 4.3.1 Air ambulance market, 2016-2028 (USD Million) (Volume, Units)
- 4.4 Water Ambulance
- 4.4.1 Water ambulance market, 2016-2028 (USD Million) (Volume, Units)
Chapter 5 Emergency Services Segment Analysis
- 5.1 Ambulance Services Market: Emergency Services Movement Analysis
- 5.2 Emergency Services
- 5.2.1 Emergency services market, 2016-2028 (USD Million) (Volume, Units)
- 5.3 Non-emergency Services
- 5.3.1 Non-emergency services market, 2016-2028 (USD Million) (Volume, Units)
Chapter 6 Equipment Segment Analysis
- 6.1 Ambulance Services Market: Equipment Movement Analysis
- 6.2 Advanced Life Support (ALS) Ambulance Services
- 6.2.1 ALS market, 2016-2028 (USD Million) (Volume, Units)
- 6.3 Basic Life Support (BLS) Ambulance Services
- 6.3.1 BLS market, 2016-2028 (USD Million) (Volume, Units)
Chapter 7 Regional Outlook
- 7.1 Ambulance Services Market Share by Region, 2020 & 2028
- 7.2 North America
- 7.2.1 North America ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.2.2 U.S.
- 7.2.2.1 U.S. ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.2.3 Canada
- 7.2.3.1 Canada ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3 Europe
- 7.3.1 Europe ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3.2 U.K.
- 7.3.2.1 U.K. ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3.3 Germany
- 7.3.3.1 Germany ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3.4 France
- 7.3.4.1 France ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3.5 Italy
- 7.3.5.1 Italy ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.3.6 Spain
- 7.3.6.1 Spain ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4.2 Japan
- 7.4.2.1 Japan ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4.3 China
- 7.4.3.1 China ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4.4 India
- 7.4.4.1 India ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4.5 Australia
- 7.4.5.1 Australia ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.4.6 South Korea
- 7.4.6.1 South Korea ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.5 Latin America
- 7.5.1 Latin America ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.5.2 Brazil
- 7.5.2.1 Brazil ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.5.3 Mexico
- 7.5.3.1 Mexico ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.6 MEA
- 7.6.1 MEA ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.6.2 South Africa
- 7.6.2.1 South Africa ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
- 7.6.3 Saudi Arabia
- 7.6.3.1 Saudi Arabia ambulance services market, 2016 - 2028 (USD Million) (Volume, Units)
Chapter 8 Company Profiles
- 8.1 Company Profiles
- 8.1.1 Envision Healthcare
- 8.1.1.1 Company overview
- 8.1.1.2 Financial performance
- 8.1.1.3 Product benchmarking
- 8.1.1.4 Strategic initiatives
- 8.1.1.5 SWOT analysis
- 8.1.2 London Ambulance Service NHS Trust
- 8.1.2.1 Company overview
- 8.1.2.2 Financial performance
- 8.1.2.3 Product benchmarking
- 8.1.2.4 Strategic initiatives
- 8.1.2.5 SWOT analysis
- 8.1.3 Acadian Ambulance Service
- 8.1.3.1 Company overview
- 8.1.3.2 Product benchmarking
- 8.1.3.3 Strategic initiatives
- 8.1.3.4 SWOT analysis
- 8.1.4 BVG India Limited
- 8.1.4.1 Company overview
- 8.1.4.2 Product benchmarking
- 8.1.4.3 Strategic initiatives
- 8.1.4.4 SWOT analysis
- 8.1.5 America Ambulance Services, Inc.
- 8.1.5.1 Company overview
- 8.1.5.2 Product benchmarking
- 8.1.5.3 SWOT analysis
- 8.1.6 Falck Denmark A/S
- 8.1.6.1 Company overview
- 8.1.6.2 Financial performance
- 8.1.6.3 Product benchmarking
- 8.1.6.4 Strategic initiatives
- 8.1.6.5 SWOT analysis
- 8.1.7 AIR MEDICAL GROUP HOLDINGS, INC. (AMGH)
- 8.1.7.1 Company overview
- 8.1.7.2 Product benchmarking
- 8.1.7.3 Strategic initiatives
- 8.1.7.4 SWOT analysis
- 8.1.8 Air Methods Corporation
- 8.1.8.1 Company overview
- 8.1.8.2 Product benchmarking
- 8.1.8.3 Strategic initiatives
- 8.1.8.4 SWOT analysis
- 8.1.9 Ziqitza Healthcare Limited
- 8.1.9.1 Company overview
- 8.1.9.2 Product benchmarking
- 8.1.9.3 Strategic initiatives
- 8.1.9.4 SWOT analysis
- 8.1.10 MEDIVIC AVIATION
- 8.1.10.1 Company overview
- 8.1.10.2 Product benchmarking
- 8.1.10.3 SWOT Analysis