Ambulance Services Market Report

Ambulance Services Market Analysis, Market Size, Aplication Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1599

Global ambulance services market is expected to experience lucrative growth owing to rising prevalence of chronic diseases such as cancer and diabetes coupled with increasing number of accidents over the forecast period. Furthermore, favorable reimbursement policies regarding ambulance services in developed countries are also propelling the global ambulance services market. Rapidly increasing geriatric population base globally coupled with increasing number of ambulances are the factors expected to further fuel the global ambulance services market over the forecast period.

The overall ambulance services market, on the basis of mode of transportation is segmented into water ambulance services, air ambulance services and ground ambulance services. The ground ambulance services segment dominated the entire ambulance services market as of 2014 owing to most common usage and effectiveness of these ambulances. The air and water ambulance services are compartively niche segment, due to their usage in rare situations. The ambulance services market is also categorized on the basis of emergency type into non emergency ambulance services and emergency ambulance services.  The emergency ambulance services segment attributes largest market share due to rapidly increasing incidences of chronic diseases along with demand for emergency services in the global ambulance services market. The entire market on the basis of equipment equipped in the ambulance is classified into basic life support ambulance services (BLS) and advance life support ambulance services (ALS). Basic life support (BLS) owns majority of market share as of 2014, however, advance life support services (ALS) are anticipated to gain popularity over coming seven years owing to increasing demand for technologically advanced equipments and rising awareness among people regarding life support services.

Geographically, North America dominated the entire ambulance services market by attributing largest revenue share as of 2014. Rising incidences of chronic diseases coupled with increasing demand for faster transport services for patients are expected to further boost the market in North America. Europe accounted for holding second largest market share in terms of revenue owing to rising geriatric population base in this region. Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving healthcare infrastructure, huge untapped opportunities and rising awareness regarding patient transportation services in this region.

Some key players operating in the global ambulance services market include Rural/ Metro Corporation, London Ambulance Service NHS Trust, Falck A/S, Envision Healthcare Corporation, Dutch Health BV, Air Methods Corporation and Acadian Ambulance Service, Inc. These companies are adopting various competitive strategies such as collaborations and research partnerships, to sustain and keep a strong foothold in the global ambulance services market. For instance, Air Methods Corporation entered into a partnership with Vanderbilt University to obtain certain assets which are used in connection with the vanderbilt life flight program.

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