Product Code: GVR-4-68039-946-3
North America Ambulance Services Market Growth & Trends:
The North America ambulance services market size is expected to reach USD 40.64 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.08% from 2022 to 2030. Rising incidence of chronic ailments such as cardiovascular disorders, diabetes, and cancer is a key factor expected to drive ambulance services market growth.
For instance, according to the American Heart Association, in January 2019, stroke is the leading cause of death in the U.S. approximately 2.7 million people in the country living with atrial fibrillation, and approximately 800,000 people experience a stroke each year due to a blockage in the blood vessel that supplies blood to the brain. Moreover, CDC states that 34.2 million people of all ages, or 10.5% of the US population had diabetes in 2018.
Furthermore, growth in the geriatric population and a surge in traumatic accidents are further driving the market growth. Additionally, there has been a constant increase in the number of traumatic accidents in this region. For instance, according to the National Highway Traffic Safety Administration estimates, in 2021, about 42,915 people died in motor vehicle traffic crashes, a 10.5% surge from the 38,824 fatalities in 2020. The industry is expanding due to favorable reimbursement regulations in developed countries.
In the U.S., Medicare covers both emergency and non-emergency ambulance services for medically necessary emergencies, provided the supplier satisfies certain criteria. In some circumstances, Medicare also covers unplanned and irregular non-emergency visits. Medicare pays approximately 80.0 percent of the cost of emergency services, with the remaining 20% paid by the patient's insurance coverage.
North America Ambulance Services Market Report Highlights:
- On the basis of transport vehicle, the ground ambulance segment dominated the market with a share of 48.87% in 2021. This can be attributed to their effectiveness and high usage rates
- Based on emergency services, the emergency services segment is projected to witness the fastest growth rate of CAGR of 10.50% during the forecast duration, owing to the high prevalence of cardiovascular diseases such as cardiac arrest, stroke, and congestive heart failure
- On the basis of equipment, advance life support ambulance is expected to dominate in 2021, and is projected to witness the fastest growth over the forecast period, owing to an increase in technologically advanced equipment and skilled employees, increased awareness of life support services
- The U.S. is expected to dominate the ambulance services in 2021 with a share of more than 89%, owing to favorable reimbursement policies and regulatory reforms and growing demand for high-quality healthcare facilities
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation and Scope
- 1.1.1 Transport Vehicle
- 1.1.2 Emergency Services
- 1.1.3 Equipment
- 1.1.4 Regional Scope
- 1.1.5 Estimates And Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information procurement
- 1.3.1 Purchased Database:
- 1.3.2 Gvr's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details Of Primary Research
- 1.4 Information or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis (Model 1)
- 1.6.1.1 Approach 1: Commodity Flow Approach
- 1.6.2 Volume Price Analysis (Model 2)
- 1.6.2.1 Approach 2: Volume Price Analysis
- 1.7 List of Secondary Sources
- 1.8 List of Primary Sources
- 1.9 List of Abbreviations
- 1.10 Objectives
- 1.10.1 Objective 1
- 1.10.2 Objective 2
- 1.10.3 Objective 3
- 1.10.4 Objective 4
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Insights
Chapter 3 North America Ambulance Services Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 User Perspective Analysis
- 3.3.1 Consumer Behavior Analysis
- 3.3.2 Market Influencer Analysis
- 3.4 List of Key End-users
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Favorable reimbursement policies
- 3.5.1.2 Increasing number of people suffering from chronic disorders
- 3.5.1.3 Increasing number of traumatic accidents
- 3.5.1.4 Increasing geriatric population
- 3.5.2 Market Restraints Analysis
- 3.5.2.1 High cost of air ambulance
- 3.5.2.3 Stringent regulations by Ferderal Aviation Administration (FAA)
- 3.6 Ambulance services market: Market Analysis Tools
- 3.6.1 Industry Analysis - PORTER'S
- 3.6.2 Swot Analysis, By Pest
- 3.7 Impact of COVID-19 on Market
Chapter 4 North America Ambulance Services Market: Segment Analysis, By Transport Vehicle, 2018 - 2030 (USD Million)
- 4.1 Definition and Scope
- 4.2 Transport Vehicle Market Share Analysis, 2022 & 2030
- 4.3 Segment Dashboard
- 4.4 North America Ambulance Services Market, by Transport Vehicle Market, 2018 to 2030
- 4.5 Market Size & Forecasts and Trend Analysis, 2018 to 2030
- 4.5.1 Ground Ambulance
- 4.5.1.1 Ground ambulance market, 2018 - 2030 (USD Million)
- 4.5.2 Air Ambulance
- 4.5.2.1 Air ambulance market, 2018 - 2030 (USD Million)
- 4.5.3 Water Ambulance
- 4.5.3.1 Water ambulance market, 2018 - 2030 (USD Million)
Chapter 5 North America Ambulance Services Market: Segment Analysis, By Emergency Service, 2018 - 2030 (USD Million)
- 5.1 Definition and Scope
- 5.2 Emergency Service Market Share Analysis, 2022 & 2030
- 5.3 Segment Dashboard
- 5.4 North America Ambulance Services Market, by Emergency Service, 2018 to 2030
- 5.5 Market Size & Forecasts and Trend Analysis, 2018 to 2030
- 5.5.1 Emergency Services
- 5.5.1.1 Emergency services market, 2018 - 2030 (USD Million)
- 5.5.2 Non-emergency Services
- 5.5.2.1 Non-emergency services market, 2018 - 2030 (USD Million)
Chapter 6 North America Ambulance Services Market: Segment Analysis, By Equipment, 2018 - 2030 (USD Million)
- 6.1 Definition and Scope
- 6.2 Equipment Market Share Analysis, 2022 & 2030
- 6.3 Segment Dashboard
- 6.4 North America Ambulance Services Market, by Equipment, 2018 to 2030
- 6.5 Market Size & Forecasts and Trend Analysis, 2018 to 2030
- 6.5.1 Advanced Life Support Services
- 6.5.1.1 Advanced life support services market, 2018 - 2030 (USD Million)
- 6.5.2 Basic Life Support Services
- 6.5.2.1 Basic life support services market, 2018 - 2030 (USD Million)
Chapter 7 North America Ambulance Services Market: Regional Market Analysis, By Transport Vehicle, By Emergency Services, By Equipment, 2018 - 2030 (USD Million)
- 7.1 Definition & Scope
- 7.2 Regional Market Share Analysis, 2022 & 2030
- 7.3 Regional Market Dashboard
- 7.4 Regional Market Snapshot
- 7.5 Market Size, & Forecasts, Volume and Trend Analysis, 2022 to 2030
- 7.6 North America
- 7.6.1 North America Ambulance Services Market, 2018 - 2030 (USD MILLION)
- 7.6.2 U.S.
- 7.6.2.1 U.S. ambulance services market, 2018 - 2030 (USD Million)
- 7.6.3 Canada
- 7.6.3.1 Canada ambulance services market, 2018 - 2030 (USD Million)
Chapter 8 North America Ambulance Services Market - Competitive Analysis
- 8.1 Recent Developments & Impact Analysis, by Key Market Participants
- 8.2 Company Categorization
- 8.2.1 Innovators
- 8.2.2 Market Leaders
- 8.3 Vendor Landscape
- 8.3.1 Key Company Market Share Analysis, 2021
- 8.3.2 Major Deals And Strategic Alliances
- 8.3.2.1 New Product Launch
- 8.3.2.2 Expansion
- 8.3.2.3 Acquisition
- 8.3.3 Market Entry Strategies
- 8.4 Company Profiles
- 8.4.1 Air Methods Corporation
- 8.4.1.1 Company overview
- 8.4.1.2 Financial performance
- 8.4.1.3 Product benchmarking
- 8.4.1.4 Strategic initiatives
- 8.4.2 Babcock International Group Plc
- 8.4.2.1 Company overview
- 8.4.2.2 Financial performance
- 8.4.2.3 Product benchmarking
- 8.4.2.4 Strategic initiatives
- 8.4.3 Acadian Ambulance Service
- 8.4.3.1 Company overview
- 8.4.3.2 Financial performance
- 8.4.3.3 Product benchmarking
- 8.4.3.4 Strategic initiatives
- 8.4.4 American Air Ambulance
- 8.4.4.1 Company overview
- 8.4.4.2 Financial performance
- 8.4.4.3 Product benchmarking
- 8.4.4.3 Strategic initiatives
- 8.4.5 Phi Air Medical
- 8.4.5.1 Company overview
- 8.4.5.2 Financial performance
- 8.4.5.3 Product benchmarking
- 8.4.5.4 Strategic initiatives
- 8.4.6 Falck A/s
- 8.4.6.1 Company overview
- 8.4.6.2 Financial performance
- 8.4.6.3 Product benchmarking
- 8.4.6.4 Strategic initiatives
- 8.4.7 Express Air Medical Transport, Llc
- 8.4.7.1 Company overview
- 8.4.7.2 Financial performance
- 8.4.7.3 Product benchmarking
- 8.4.7.4 Strategic initiatives
- 8.4.8 Air Medical Group Holdings, Inc. (Amgh)
- 8.4.8.1 Company overview
- 8.4.8.2 Financial performance
- 8.4.8.3 Product benchmarking
- 8.4.8.4 Strategic initiatives
- 8.4.9 American Medical Response
- 8.4.9.1 Company overview
- 8.4.9.2 Financial performance
- 8.4.9.3 Product benchmarking
- 8.4.9.4 Strategic initiatives