Ambulance Services Market | Growing Demand for High Quality Medical Services Drive the Market
The rising number of road accidents, coupled with the increasing popularity of medical tourism worldwide is a prime factor boosting the growth of the global ambulance services market during the forecast period, set between 2020 and 2030. The growing geriatric population and the rising number of chronic diseases will also augment the need for ambulance services across the world. This factor is further expected to bolster the growth of this market in the coming years.
The global ambulance services market is classified on the basis of mode of transportation, services, payer, end use, and regions. In terms of mode of transportation, the market is classified into water ambulance, ground ambulance, and air ambulance. Based on services, the market is bifurcated into non-emergency medical services, and emergency medical services. As per segmentation by payer, the market for ambulance services is categorized into out-of-pocket, private, and public. Further classification of end-use segment includes home healthcare settings, nursing homes, hospitals, and others.
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The report on the global ambulance services market is based on qualitative and quantitative analysis of the market and provides an elaborate overview of the same. It also focuses on the growth drivers and restraints and emphasizes on the current trends, and recent innovations that will contribute to its growth in the coming years. The report also discusses the table of segmentation in details and lists the names of the leading segment and the factors attributing to its high sales. Besides this, the report also studies the impact of COVID19 pandemic on this market and what measures should be adopted to help this market continue to generate notable revenues in the coming years despite this pandemic.
Ambulance Services Market: Company Profiles
Companies are indulging in various innovations so as to improve the ambulances services and try to provide as much medical assistance as possible until the patient is safely transferred to the hospital. Such innovations are likely to help intensify the overall competition among players on the one side and attract significant revenues for the overall market on the other.
Some of the notable players of this market include:
- Aeromedevac and SHM Shipcare
- Harmonie Ambulance
- Ziqitza Health Care
- Air Methods
- Falck Danmark
- America Ambulance Services
- BVG India Limited
- Acadian Ambulance Service
- Babcock Scandinavian Air Ambulance
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Ambulance Services Market: Trends and Opportunities
The growing demand for high quality medical services and the presence of well-established healthcare infrastructure in most of the developed nations are likely to aid in expansion of the global ambulance services market in the forecast period. Apart from this, ambulance services can help to save lives on the way to the hospital because of the availability of basic facilities such as oxygen and life support, among others will also augment the growth of the market in the coming years. Additionally, the increasing number of road accidents and their severity also propels the need for quick ambulance services, ultimately augmenting the growth of this market in the comig years as well. Furthermore, the rising geriatric population and their vulnerability towards various chronic diseases such as heart disorders are likely to help promote the growth of the ambulance services market during the forecast period.
Ambulance Services Market: Geographical Insights
Regionwise, North America is holding a majority of shares in the global ambulance services market on account of the presence of a well-established healthcare infrastructure and updated medical facilities. Additionally, government support by the developed nations such as Canada and the United States and the availability of reimbursement policies will further help this region continue dominating the market in the coming years.
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