Global Ambulance Services Market: Applications and Global Markets up to 2019

Transparency Market Research Report Added “Ambulance Services Market” to its database.

Global Ambulance Services Market: Description

The report on ambulance services market studies the current as well as future prospects of the market globally. Ambulances help rescue injured or medically ill patients by transporting them to medical treatment centers. Earlier carts were used for the transportation of patients by manual powers. Ambulances were first utilized for an emergency transport in 1487 in the battlefield of Spain. Advancements in technology throughout 19th and 20th centuries led to the development of self-powered ambulances. Earlier the utilization of ambulances were majorly in the battlefield, however with increasing incidences of various severe medical conditions coupled with modernization in ambulances, their usage also started for transportation of patients to-and-from hospitals. Ambulance Services Market report comprises an elaborate executive summary, which includes a market snapshot that provides an overall information of various segments and sub-segments that have been covered in the global ambulance services market report. The report provides an overall information and data analysis of the global ambulance services market with respect to market segments based on various parameters such as mode of transport, type of emergency, type of equipment and the major geographic markets.

The global ambulance services market based on the mode of transport has been segmented as: ground ambulance services, air ambulance services and water ambulance services. The market for these ambulance services has been extensively analyzed based on various parameters such as usefulness, effectiveness, uptake by patient population coupled with hospitals, sales revenue of the services based on the mode of transport, number of transports, number of ambulances and their geographic presence. This section of the report on the ambulance services market also provides % compounded annual growth rate (CAGR) for each market segment for the forecast period 2013 to 2019, considering 2012 as the base year.

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Global Ambulance Services Market : Overview

Ambulance services help transport medically injured or ill patients to-and-from hospitals to ensure timely health check-up and treatment by healthcare professionals. These services are availed by patients directly or by hospitals and other organizations. According to an article published in daily newspaper of the U.S., around 17.3 million emergency patient transports occurred in the year 2012 across the world. Thus, increasing number of emergency cases remains one of the major drivers expected to augment the growth of this market. Further, increasing geriatric population and rise in prevalence of chronic diseases such as cancer and diabetes are some other key reasons held responsible for increasing the demand for ambulance services. Favorable reimbursement scenario, entrance of new ambulance service providers globally and increasing home healthcare are also anticipated to drive the market for ambulance services. Hence, on account of aforementioned factors the global market for ambulance services is expected to grow at a CAGR of 8.3% from 2013 to 2019 to reach an estimated value of USD 29,784.4 million in 2019. However, imposition of strict regulation by the Federal Aviation Administration (FAA) for air ambulance may set back the overall growth of ambulance services market.

The market for ambulance services has been segmented based on the mode of transport as ground ambulance services, air ambulance services and water ambulance services. Similarly, the market has also been classified on the basis of emergency types such as emergency ambulance services and non-emergency ambulance services. Furthermore, based on equipment types that are installed in an ambulance, the market has been subdivided as advanced life support (ALS) ambulance services and basic life support (BLS) ambulance services. Of these, market for air ambulance services has been estimated to foresee the highest CAGR during the forecast period 2013 to 2019. Growth of this ambulance service is observed due to rising medical tourism in countries such as India, Brazil and Thailand coupled with entrance of large number of players for providing air ambulance services. Also, fees for availing air ambulance services results in high revenue generation.

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