Bizizz Market Research has recently published a research report, “Ambulance Services Market By Type (Ground Ambulances, Air Ambulances and Water Ambulances), (Emergency and Non-emergency), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Ambulance Services Market was valued at US$ XX Mn in 2018 and it is anticipated to reach a market value of US$ 54.7 Mn by 2027, witnessing a CAGR of 9.3 % during the forecast period. Key drivers of the market are increase in the emergency healthcare conditions coupled with favorable government policies.
The global market of ambulance services are plunging by the suitable government reimbursement policies, rise of road accidents, medical tourism, and geriatric population. The motor ambulances support in the reduction of response time and provide proactive care services in cases of vital missions. Thus, healthcare facilitators are adopting various ambulance services focused on motor ambulances for various healthcare challenges. In order to cater the offerings to number of emergency phone calls associated with healthcare facilitators of ambulance services market are adopting seasoned staff to gain enough buffers for rest and recover. It has been reached by the decrease of number of ambulance missions. Companies operating ambulance services in the global market are adopting advanced technology equipment’s in the adoption of incorporated GPS technology in the support of ambulance technologies in reach of efficient time registration.
The Ambulance Services market is anticipated to register a CAGR of over 9.3% during the forecast period.
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By Service, Emergency segment held a key share in Global Ambulance Services Market in 2018.
The emergency segment is leading in the ambulance services for the global market with an highest share expected to sustain its market position. Rise in the emergency ambulances services are projected in contributing for increased cardiovascular conditions including cardiac arrest, stroke, and congestive heart failure. According to the Centre for Disease Control and Prevention (CDC), about 610,000 patients annually had ceased by the heart diseases in the U.S. it accounted a ratio of 1:4 deaths across the nation. Cardiovascular diseases are registered as a great cause of death among men and women worldwide. Its rise of cardiac cases had increased the necessity of emergency ambulance services that are projected to boost its market growth worldwide.
North America is Anticipated to Dominate the Global Ambulance Services Market during the Forecast Period.
The North American region is dominant in the ambulance services market and it considerably attributes for the existence of vital organizations in this market, increasing demand for superior healthcare services, along with established healthcare infrastructure. However, the presence of favourable policies and schemes in the developed nations are accelerating the market growth of Ambulance services in the U.S, the Medicare schemes include emergency and non-emergency ambulance services offered by these organizations, if considered as medically required suppliers fulfil Medicare ambulance requirements. The contribution of Paramedicine community in the North American region had considerably achieved greater market in the North American region.
Global Ambulance Services market was highly fragmented among the number of local and global players. The companies are offering innovative services that support them in the global competency in the market.
Prominent players operating in the Global Ambulance Services Market are Dutch Health B.V., Falck A/S.,Air Methods Corporation, Envision Healthcare Corporation, Acadian Ambulance Service, Inc., London Ambulance Service NHS Trust, Air Medical Group Holdings, Inc., Scandinavian AirAmbulance, and Lufttransport AS., among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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