Global Ambulance Services Market ...

About Ambulance Services

The ambulance services are also known as paramedic services, are used to provide urgent pre-hospital treatment and stabilization services for serious patients until they are transported to definitive care centers such as hospitals or clinics. These ambulances are medically equipped vehicles that provide life support services to the patients until they are reached to treatment facilities. The ambulance service has two main functions: an accident and emergency paramedical function, and the Patient Transport Service function which transfers immobile patients to and from their hospital appointments. The demand for advanced life support medical machine in ambulance service and improving healthcare facilities is expanding the market growth.

The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future. Envision Healthcare Corporation (United States), Scandinavian AirAmbulance (Sweden), Acadian Ambulance Service, Inc., BVG India Ltd. (India), America Ambulance Services, Inc., Falck Holding A/S (United Kingdom), Air Methods Corporation, Ziqitza Health Care Limited (India), Medivic Aviation (India), London Ambulance Service (United Kingdom), Acadian Ambulance Service, Air Medical Group Holdings Inc., SA Ambulance Service (Australia), Lifeguard Ambulance Service (United States), Paratech Ambulance Service (United States) and Fallon Ambulance Service (United States) are some of the key players that are part of study coverage.

Segmentation Overview

AMA Research has segmented the market of Global Ambulance Services market by Type (Emergency Ambulance Services and General Ambulance Services), Application (Pre-hospital Support and Post-hospital Support) and Region. On the basis of geography, the market of Ambulance Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services Sector, the sub-segment i.e. Private will boost the Ambulance Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Integrated Equipment, the sub-segment i.e. Advance Life Support (ALS) Equipment (ECG Monitors, Ventilation and Airway Equipment, Vascular Access, Pre-loaded Medications, Other) will boost the Ambulance Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transport Mode, the sub-segment i.e. Ground Ambulance Services will boost the Ambulance Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:

Demand for Advance Life Support Ambulance Services (ALS) Owing to Ongoing COVID-19 Outbreak and Internet of Things (IoT) Revolution

Market Growth Drivers:

Rising Awareness About Life Support Services and Increasing Number of Road Accidents

Challenges:

Entrance of New Ambulance Service Providers Globally

Restraints:

High Cost of Air Ambulances

Opportunities:

Favorable Reimbursement Policies, Growing Geriatric Population and Demand for Efficient Emergency Medical Services (EMS)

Market Leaders and their expansionary development strategies

On 7 Janary 2022, Acadian Ambulance Service entered into an agreement to acquire MedicOne Medical Response's operations in Tennessee, Mississippi and Texas. Acadian expanded into Tennessee in 2018 when it acquired Memphis-based Emergency Mobile Health Care. The MedicOne acquisition will add Nashville to Acadian's Tennessee service area and will strengthen current operations in Memphis, northern Mississippi and Dallas. On 23 April 2021, StanPlus, A private patient logistics and medical reponse company, is entering the bengaluru market with the launch of a Red Ambulance Service

Key Target Audience

New Entrants/Investors, Analysts and Strategic Business Planners, Ambulance Services Providers, Healthcare Service Providers, Ambulance Manufacturers, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations

About Approach

To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global. Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

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