The global ambulance services market is anticipated to grow at a CAGR of around 4.5% during the forecast period 2020 to 2027 and to reach around US$ 34.7 Bn by 2027.
Market Dynamics
Increasing number of road accidents across the globe, along with adoption of ambulance from highway road authorities during emergency are major factors expected to drive the growth of global market. According to road ministry’s data in 2018, India had 467,044 reported road accidents, an increase of 0.5% from 464,910 in 2017. In 2018, of all road deaths, the most were of those riding two-wheelers (36%), followed by pedestrians (15%).
In addition, favorable reimbursement policy by the government in order to facilitate the adoption of service is expected to support the target market growth. According to National Center for Biotechnology Information a total of 61,013 ED (emergency departments) visits were included, representing a national sample of approximately 70 million annual ED visits over three years. Ambulance transport was used in 11% of private insurance visits, 16% of Medicaid visits, and 13% of uninsured visits.
Gradual increase in number of patients suffering from cardiovascular diseases, increasing number of geriatric population in developing countries, coupled with rise in number of medical emergency cases due to old age problems are factors responsible to support the market growth. In addition, government is spending high for the development of present healthcare infrastructure and increasing initiatives in order to provide ambulance service to rural areas are factors positively impacting the target market growth.
Business development activities by major players in order to enhance the business presence are expected to augment the growth of target market.
In 2017, KKR & Co LLP acquired Envision Healthcare Corp’s ambulance business and signed a strategic merger with Air Medical Group. This is expected to help the company to enhance the business presence.
In 2019, AmeriPro EMS, a provider of innovative and high-performance medical transportation and emergency services acquired Ambulance Service, Inc. This acquisition is expected to help the company to expand its services throughout the U.S. and enhance the customer base.
However, factors such as lack of ambulance and trained staff are expected to hamper the growth of global ambulance services market. In addition, stringent government regulation and lack of reimbursement policies in developing countries are other factors expected to challenge the growth of target market
Major players approach towards developing countries, favorable business policies by the government is resulting in emergence of small and mid-size players with innovative solutions are factors responsible to create new opportunities for players operating in the target market over the forecast period. In addition, increasing partnership and agreements between regional and international players is expected to support the revenue traction of target market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to availability of advanced healthcare sector. In addition, increasing number of people suffering from chronic illness and availability of favorable reimbursement policies are factors expected to support the growth of target market.
Major players approach towards strategic partnership and agreements in order to enhance the business presence along with introduction of advanced ambulance from manufacturers are factors expected to impact the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Ambulance Services Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Mode Of Transportation, Service, Payers, End Use and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Ambulance Services Market Segment Analysis, 2019
The global market is segmented into mode of transportation, service, payers, and end use. The mode of transportation segment is bifurcated into air ambulance, ground ambulance, and water ambulance. Among the mode of transportation the ground ambulance segment is expected to account for major revenue share in the global market.
The service segment is further divided into emergency medical services and non-emergency medical services where the emergency medical services segment is expected to witness faster growth in the target market.
The players profiled in the report are Acadian Ambulance Service, BVG India Limited, America Ambulance Services, Falck Danmark, Air Methods, Ziqitza Health Care, Harmonie Ambulance, Babcock Scandinavian AirAmbulance, Aeromedevac, and SHM Shipcare.
Market Segmentation
Market By Mode of Transportation
Air Ambulance
Ground Ambulance
Water Ambulance
Market By Service
Emergency Medical Services
Non-Emergency Medical Services
Market By Payers
Public
Private
Market By End User
Hospitals
Nursing Homes
Home Healthcare Settings
Market By Region
North America
Europe
- U.K
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Market Overview of Ambulance Services
1.1. Definition and Scope
1.1.1. Definition of Ambulance Services
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Ambulance Services Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Ambulance Services Market By Mode of Transportation
1.2.3. Ambulance Services Market By Service
1.2.4. Ambulance Services Market By Payers
1.2.5. Ambulance Services Market By End-User
1.2.6. Ambulance Services Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Payers Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Ambulance Services Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Ambulance Services Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2019
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Ambulance Services Market By Mode of Transportation
4.1. Introduction
4.2. Ambulance Services Revenue By Mode of Transportation
4.2.1. Ambulance Services Revenue (US$ Mn) and Forecast, By Mode of Transportation, 2016-2027
4.3. Air Ambulance
4.4. Ground Ambulance
4.5. Water Ambulance
CHAPTER 5. Ambulance Services Market Revenue By Service
5.1. Introduction
5.2. Ambulance Services Revenue (US$ Mn) By Service
5.2.1. Ambulance Services Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
5.3. Emergency Medical Services
5.4. Non-Emergency Medical Services
CHAPTER 6. Ambulance Services Market By Payers
6.1. Introduction
6.2. Ambulance Services Revenue (US$ Mn) By Payers
6.2.1. Ambulance Services Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
6.3. Public
6.4. Private
CHAPTER 7. Ambulance Services Market By End-User
7.1. Introduction
7.2. Ambulance Services Revenue (US$) By End-User
7.2.1. Ambulance Services Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
7.3. Hospitals
7.4. Nursing Homes
7.5. Home Healthcare Settings
CHAPTER 8. North America Ambulance Services Market By Country
8.1. North America Ambulance Services Overview
8.2. U.S.
8.2.1. U.S. Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
8.2.2. U.S. Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
8.2.3. U.S. Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
8.2.4. U.S. Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.3. Canada
8.3.1. Canada Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
8.3.2. Canada Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
8.3.3. Canada Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
8.3.4. Canada Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Ambulance Services Market By Country
9.1. Europe Ambulance Services Market Overview
9.2. U.K.
9.2.1. U.K. Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
9.2.2. U.K. Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
9.2.3. U.K. Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
9.2.4. U.K. Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.3. Germany
9.3.1. Germany Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
9.3.2. Germany Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
9.3.3. Germany Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
9.3.4. Germany Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.4. France
9.4.1. France Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
9.4.2. France Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
9.4.3. France Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
9.4.4. France Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.5. Spain
9.5.1. Spain Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
9.5.2. Spain Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
9.5.3. Spain Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
9.5.4. Spain Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016-2027
9.6.2. Rest of Europe Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016-2027
9.6.3. Rest of Europe Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016-2027
9.6.4. Rest of Europe Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Ambulance Services Market By Country
10.1. Asia Pacific Ambulance Services Market Overview
10.2. China
10.2.1. China Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.2.2. China Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.2.3. China Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.2.4. China Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.3. Japan
10.3.1. Japan Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.3.2. Japan Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.3.3. Japan Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.3.4. Japan Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.4. India
10.4.1. India Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.4.2. India Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.4.3. India Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.4.4. India Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.5. Australia
10.5.1. Australia Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.5.2. Australia Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.5.3. Australia Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.5.4. Australia Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.6.2. South Korea Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.6.3. South Korea Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.6.4. South Korea Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
10.7.2. Rest of Asia-Pacific Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
10.7.3. Rest of Asia-Pacific Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
10.7.4. Rest of Asia-Pacific Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Ambulance Services Market By Country
11.1. Latin America Ambulance Services Market Overview
11.2. Brazil
11.2.1. Brazil Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
11.2.2. Brazil Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
11.2.3. Brazil Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
11.2.4. Brazil Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
11.3.2. Mexico Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
11.3.3. Mexico Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
11.3.4. Mexico Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
11.4.2. Rest of Latin America Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
11.4.3. Rest of Latin America Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
11.4.4. Rest of Latin America Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
CHAPTER 12. Middle East & Africa Ambulance Services Market By Country
12.1. Middle East & Africa Ambulance Services Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
12.2.2. Saudi Arabia Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
12.2.3. Saudi Arabia Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
12.2.4. Saudi Arabia Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
12.3. UAE
12.3.1. UAE Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
12.3.2. UAE Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
12.3.3. UAE Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
12.3.4. UAE Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Ambulance Services Market Revenue (US$ Mn) and Forecast By Mode of Transportation, 2016 - 2027
12.4.2. Rest of Middle East & Africa Ambulance Services Market Revenue (US$ Mn) and Forecast By Service, 2016 - 2027
12.4.3. Rest of Middle East & Africa Ambulance Services Market Revenue (US$ Mn) and Forecast By Payers, 2016 - 2027
12.4.4. Rest of Middle East & Africa Ambulance Services Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
CHAPTER 13. Player Analysis Of Ambulance Services
13.1. Ambulance Services Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Ambulance Services Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Acadian Ambulance Service
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Acadian Ambulance Service 2019 Ambulance Services Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. BVG India Limited
14.3. America Ambulance Services
14.4. Falck Danmark, Air Methods
14.5. Ziqitza Health Care
14.6. Harmonie Ambulance
14.7. Babcock Scandinavian AirAmbulance
14.8. Aeromedevac
14.9. SHM Shipcare
14.10. Others
