Global Ambulance Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow about 9% from 2020 to 2027, reaching nearly US$ 50 Bn.

Global Ambulance Market

Global Ambulance Market

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Global Ambulance Market: Overview

The global ambulance market is expected to grow with the adoption of favorable policies in developed countries. North American region covers non-emergency as well as emergency ambulance services for medical necessity. Medical insurance policies cover unscheduled and irregular medical trips which is nonemergency type. The Medicare covers about 80% of expanses and other 20% are covered by other supplemental insurance policies of the patient.

The growth of ambulance is propelled by increased growth of population along with the growth in the chronic diseases like cancer and diabetics, road accidents rates are also increasing the market for Global Ambulance Market.
Global Ambulance Market: Drivers

Increasing Global population and also the need of medical facility over the regions at a long distance are driving the Global ambulance market.

The increase in chronic diseases and the current pandemic situation are growing urgent need for ambulance services in a large scale.
Medicare policies in some region cover Non-emergency ambulance expanses also which is rising the ambulance market over these regions.

The ambulance services also include air ambulance services which saves time of patient and critical situation time is the main factor to recover patient from severe condition.
Global Ambulance Market: Restraints

Some medical facilities do not cover the nonemergency ambulance services expanses which may act as a restraint in the growth of ambulance market.
Global Ambulance Market: Acquisition and Mergers

The Air Medical Group holding is acquiring Seven Bar Aviation Llc which operate air medical facility; this increases the growth of the company.

Emergency Mobile Health Care (EMHC) is acquired by Acadian Ambulance Service. This acquisition combines their operation. This service will provide facility over wider range.

Air Medical Resource Group is acquired by Air Medical Group Holdings. Alaska and Hawaii regions are covered by this acquisition.
In May 2016 the Acadian Ambulance acquires Bay Star EMS.

The Global Ambulance Market is segmented region-wise into Asia Pacific, North America, Europe, and Middle East & Africa. The Asia Pacific region is the major region for the global ambulance market owing to its high population rate. This region has the major developing countries like China and India which are developing their infrastructure and facilities rapidly.

North America and Europe region provide Medicare policies to their people. These policies cover the expanses of ambulance service of patients. This will cover Nonemergency ambulance service expanses also.

Regions like New Jersey, South Carolina, and Pennsylvania for repetitive nonemergency service ambulance service the patient needs prior authorization from their Medicare facility provider. Without prior authorization, this facility does not cover nonemergency expanses.
Global Ambulance Market: Segmentation

The Global Ambulance Market is segmented by Urgency (Emergency Ambulance Services, Non-Emergency Ambulance Services), Transport Type (Ground Ambulance Services, Air Ambulance Services, Water Ambulance Services), Equipment (Advance Life Support, Basic Life Support), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific).

The report also helps in understanding Ambulance Market dynamics, structure by analyzing the market segments and projects the Ambulance Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Engine portfolio, growth strategies, and regional presence in the Ambulance Market make the report investor’s guide.

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Scope of the Ambulance Market: Inquire before buying

Ambulance Market, By Urgency

• Emergency Ambulance Services
• Non-Emergency Ambulance Services
Ambulance Market, By Transport Type

• Ground Ambulance Services
• Air Ambulance Services
• Water Ambulance Services
Ambulance Market, By Equipment

• Advance Life Support
• Basic Life Support
Ambulance Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Ambulance Market

• Falck A/S
• Babcock International Group PLC (Scandinavian AirAmbulance)
• Acadian Ambulance Service, Inc. (Acadian Companies)
• Medivic Pharmaceutical Pvt. Ltd. (Medivic Aviation)
• BVG India Ltd.
• America Ambulance Services, Inc.
• Air Methods Corporation (ASP AMC Intermediate Holdings, Inc.)
• Global Medical Response, Inc.
• Ziqitza Health Care Limited
• Dutch Health B.V.

 

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