According to the latest report by IMARC Group “Ambulance Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global ambulance services market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.
Ambulance services, or paramedics, provide pre-hospitalization, clinical intervention and stabilization for fatal injuries and serious illnesses. These specialized vehicles are ported on the incident site through the ground, air, and water. Ambulance services are equipped with basic life support (BLS) and advanced life support (ALS) tools. They are also connected with various trauma centers, hospitals, communication and transportation networks, and rehabilitation facilities to effectively coordinate and offer emergent care.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The rising number of road accidents and natural calamities that lead to severe injuries are majorly driving the global ambulance services market growth. Additionally, increasing medical tourism and the implementation of favorable reimbursement policies are further fueling the market growth. Moreover, rising healthcare expenditure and the introduction of multi-specialty ambulances equipped with updated technological tools are contributing to the market growth. Furthermore, the sudden outbreak of coronavirus disease (COVID-19) is escalating the demand for ambulance services across the globe.
Breakup by Transport Vehicle:
Breakup by Emergency Services:
Breakup by Equipment:
Market Breakup by Region:
Competitive Landscape with Key Player:
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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