Ambulance Services Market Size to Grow by USD 12,920.6 Million from 2022 to 2027|Increasing number of road accidents to boost the market growth - Technavio

NEW YORK, June 30, 2023 /PRNewswire/ -- The ambulance services market size is estimated to grow at a CAGR of 6.75% between 2022 and 2027. The market size is forecast to increase by USD 12,920.6 million, according to Technavio.  Favorable reimbursement policies in ambulance services are key factors driving the market growth. In the US, Medicare does not allow the patient to be transferred to the hospital in any vehicle other than an ambulance. The cost of air transportation for emergency services when ground transportation is not available, is covered by Medicare. Furthermore, cheap refunds are offered for emergency services in many European countries. For Instance, Germany, Switzerland, Sweden, Slovakia, and the Netherlands have special reimbursement policies if any patient needs emergency medical services. Additionally, if the ambulance is owned by SSN, the air ambulance service fee will be refunded in case any person needs it in an emergency. Hence, these favorable reimbursement policies are expected to drive market growth during the forecast period. Discover some insights on the market size, historic period (2017 to 2021), and Forecast 2023-2027 before buying the full report -Request a sample report

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Ambulance services market – Vendor Analysis
Vendor Landscape - The global ambulance services market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer ambulance services in the market are Acadian Ambulance Service Inc., Air Charter Service Group Ltd., Air Methods Corp., Air Rescuers World Wide Pvt Ltd., American Air Ambulance, American Ambulance Service Inc., Babcock International Group Plc, Bristow Group Inc., BVG India Ltd., Envision Healthcare, Falck Danmark AS, Harmonie Ambulance, Luxembourg Air Rescue Asbl, Medical Air Service, MEDIVIC PHARMACEUTICAL PVT. LTD., Netcare Ltd., PHI Group Inc., Priority Ambulance, REVA Inc., and Ziqitza Healthcare Ltd., and others.

Vendor Offerings -

• Acadian Ambulance Service Inc. - The company offers ambulance services such as Acadian emergency transport services.
• Air Methods Corp. - The company offers ambulance services such as Medi Flight of Oklahoma air medical services.
• American Ambulance Service Inc. - The company offers ambulance services such as basic life support services.
• For details on the vendor and its offerings – Request a sample report

Global Ambulance Services Market - Segmentation Assessment

Segment Overview
The ambulance services market report covers segmentation by  service type (advanced life support (ALS) ambulance services and basic life support (BLS) ambulance services), and type (emergency and non-emergency)

• The market share growth of the advanced life support (ALS) ambulance services segment will be significant during the forecast period. They provide medical care and transportation to patients who require medical care. ALS ambulances are often provided by highly trained medical personnel such as paramedics and emergency medical technicians (EMTs) and are outfitted with the most up-to-date medical equipment and medications to care for critically sick patients. Furthermore, ALS ambulances are outfitted with modern monitoring devices like electrocardiograms (ECGs) and pulse oximeters, which allow medical experts to watch patient vital signs and respond instantly if necessary. Hence, the rising demand for ALS will drive the growth of the segment during the forecast period.

Geography Overview
By geography, the global ambulance services market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global ambulance services market.

• North America is estimated to contribute 38% to the growth of the global market during the forecast period. The increasing traffic accidents, increasing demand for air ambulance services, increasing elderly population, and availability of favorable reimbursement policies are the major factors driving the market growth in the region. Moreover, the increasing prevalence of rescue aircraft in the region is providing significant growth opportunities for the vendors in the market. In addition, some factors, such as the aging population, declining emergency room visits in existing hospitals, and changes in rural healthcare delivery, are also driving the growth of the market in the region.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Global Ambulance Services Market – Market Dynamics

Major Trends

The early detection of infectious diseases is the key trend shaping the market. MDR and the emergence of novel bacterial and viral infections are the primary causes of infectious illnesses globally. Furthermore, fast population expansion, lifestyle changes, and climate change are increasing the global prevalence of infectious illnesses. As the need for emergency medical help grows, so does the demand for early-detection medical services. For Instance, in January 2022, JetSetGo introduced an air ambulance service to provide better emergency services and increase access to healthcare in remote areas of India. Hence, the development of early detection of infectious diseases is expected to drive market growth during the forecast period.

Significant Challenges

The lack of proper communication in ambulance services may impede market growth. Communication is important in the decision-making process for using helicopter emergency medical services (HEMS). They can get reports that do not adequately convey the importance of medical emergencies for the patient. This is misleading because it restricts medical emergency response centers from delivering effective care. Furthermore, while air ambulances can significantly cut the time it takes to deliver a patient to a medical institution, they are more expensive than road or water ambulance services. Hence, these factors are expected to restrict the market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Ambulance Services Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the ambulance services market between 2023 and 2027
• Precise estimation of the size of the ambulance services market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the ambulance services market across North America, Europe, APAC, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of ambulance services market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Service Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global ambulance services market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global ambulance services market 2017 - 2021 ($ million)

• 4.2 Service Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Service Type Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Service Type

• 6.1 Market segments
• Exhibit 30: Chart on Service Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Service Type - Market share 2022-2027 (%)

• 6.2 Comparison by Service Type 
• Exhibit 32: Chart on Comparison by Service Type
• Exhibit 33: Data Table on Comparison by Service Type

• 6.3 Advance life support (ALS) ambulance services - Market size and forecast 2022-2027
• Exhibit 34: Chart on Advance life support (ALS) ambulance services - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Advance life support (ALS) ambulance services - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Advance life support (ALS) ambulance services - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Advance life support (ALS) ambulance services - Year-over-year growth 2022-2027 (%)

• 6.4 Basic life support (BLS) ambulance services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Basic life support (BLS) ambulance services - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Basic life support (BLS) ambulance services - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Basic life support (BLS) ambulance services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Basic life support (BLS) ambulance services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Service Type 
• Exhibit 42: Market opportunity by Service Type ($ million)
• Exhibit 43: Data Table on Market opportunity by Service Type ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Emergency - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Emergency - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Emergency - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Emergency - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Emergency - Year-over-year growth 2022-2027 (%)

• 7.4 Non-emergency - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Non-emergency - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Non-emergency - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Non-emergency - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Non-emergency - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 56: Market opportunity by Type ($ million)
• Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027 
• Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Acadian Ambulance Service Inc. 
• Exhibit 111: Acadian Ambulance Service Inc. - Overview
• Exhibit 112: Acadian Ambulance Service Inc. - Product / Service
• Exhibit 113: Acadian Ambulance Service Inc. - Key offerings

• 12.4 Air Charter Service Group Ltd. 
• Exhibit 114: Air Charter Service Group Ltd. - Overview
• Exhibit 115: Air Charter Service Group Ltd. - Business segments
• Exhibit 116: Air Charter Service Group Ltd. - Key news
• Exhibit 117: Air Charter Service Group Ltd. - Key offerings
• Exhibit 118: Air Charter Service Group Ltd. - Segment focus

• 12.5 Air Methods Corp.
• Exhibit 119: Air Methods Corp. - Overview
• Exhibit 120: Air Methods Corp. - Product / Service
• Exhibit 121: Air Methods Corp. - Key offerings

• 12.6 Air Rescuers World Wide Pvt Ltd. 
• Exhibit 122: Air Rescuers World Wide Pvt Ltd. - Overview
• Exhibit 123: Air Rescuers World Wide Pvt Ltd. - Product / Service
• Exhibit 124: Air Rescuers World Wide Pvt Ltd. - Key offerings

• 12.7 American Air Ambulance 
• Exhibit 125: American Air Ambulance - Overview
• Exhibit 126: American Air Ambulance - Product / Service
• Exhibit 127: American Air Ambulance - Key offerings

• 12.8 American Ambulance Service Inc. 
• Exhibit 128: American Ambulance Service Inc. - Overview
• Exhibit 129: American Ambulance Service Inc. - Product / Service
• Exhibit 130: American Ambulance Service Inc. - Key offerings

• 12.9 Babcock International Group Plc 
• Exhibit 131: Babcock International Group Plc - Overview
• Exhibit 132: Babcock International Group Plc - Business segments
• Exhibit 133: Babcock International Group Plc - Key offerings
• Exhibit 134: Babcock International Group Plc - Segment focus

• 12.10 BVG India Ltd.
• Exhibit 135: BVG India Ltd. - Overview
• Exhibit 136: BVG India Ltd. - Product / Service
• Exhibit 137: BVG India Ltd. - Key offerings

• 12.11 Envision Healthcare
• Exhibit 138: Envision Healthcare - Overview
• Exhibit 139: Envision Healthcare - Product / Service
• Exhibit 140: Envision Healthcare - Key news
• Exhibit 141: Envision Healthcare - Key offerings

• 12.12 Falck Danmark AS
• Exhibit 142: Falck Danmark AS - Overview
• Exhibit 143: Falck Danmark AS - Business segments
• Exhibit 144: Falck Danmark AS - Key offerings
• Exhibit 145: Falck Danmark AS - Segment focus

• 12.13 Harmonie Ambulance
• Exhibit 146: Harmonie Ambulance - Overview
• Exhibit 147: Harmonie Ambulance - Product / Service
• Exhibit 148: Harmonie Ambulance - Key offerings

• 12.14 MEDIVIC PHARMACEUTICAL PVT. LTD. 
• Exhibit 149: MEDIVIC PHARMACEUTICAL PVT. LTD. - Overview
• Exhibit 150: MEDIVIC PHARMACEUTICAL PVT. LTD. - Product / Service
• Exhibit 151: MEDIVIC PHARMACEUTICAL PVT. LTD. - Key offerings

• 12.15 Netcare ltd.
• Exhibit 152: Netcare ltd. - Overview
• Exhibit 153: Netcare ltd. - Product / Service
• Exhibit 154: Netcare ltd. - Key offerings

• 12.16 PHI Group Inc.
• Exhibit 155: PHI Group Inc. - Overview
• Exhibit 156: PHI Group Inc. - Business segments
• Exhibit 157: PHI Group Inc. - Key offerings
• Exhibit 158: PHI Group Inc. - Segment focus

• 12.17 Priority Ambulance
• Exhibit 159: Priority Ambulance - Overview
• Exhibit 160: Priority Ambulance - Product / Service
• Exhibit 161: Priority Ambulance - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations
• Exhibit 168: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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Email: [email protected]
Website: www.technavio.com

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