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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