Ambulance Services Market Size By Mode of Transportation (Air Ambulance, Ground Ambulance, Water Ambulance), By Service (Emergency Medical Services, Non-Emergency Medical Services), By Payer (Public, Private, Out-of-Pocket), By End-use (Hospitals, Nursing Homes, Home Healthcare Settings), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Jun 2020  |  Report ID: GMI4724  |  Authors: Sumant Ugalmugle, Rupali Swain

Report Format: PDF   |   Pages: 220   |   Base Year: 2019

Summary Table of Contents Industry Coverage Methodology

Industry trends

Ambulance Services Market size was estimated at over USD 28 billion in 2019 and is projected to grow at a CAGR of around 0.9% between 2020 and 2026.

Ambulance Services Market Overview

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The drive-in healthcare industry is expanding its spectrum of services as the innovations in healthcare are treading new paths to enable the people of all ages and groups to receive comprehensive care. The ambulance services are considered an integral part of the emergency medicine department. An ambulance is a vehicle for the transportation of injured or sick people to from or between places of treatment for an illness or injury. Ambulance services provide accident and emergency services to those in need of emergency medical treatment and transport support. There are generally three modes of transportation for ambulance services like an air ambulance, ground ambulance, and water ambulance. Service providers of this industry provide ambulance with the necessary facilities, like defibrillators, monitors, ventilators, continuous oxygen supply, and others that drives the market growth over the forecast period.

Favorable reimbursement policies propel the market expansion

Ambulance services include transport by ground, air, and water. The ambulance transportation benefit covers a medically essential transport of a beneficiary by air or ground ambulance to the nearest appropriate facility that can treat the patient's condition when any other methods of transportation are contraindicated. The ground ambulance destination necessities must be met to qualify for the reimbursement. The patient must be transported to the nearby local facility that has appropriate services for treatment. An ambulance provider may be a hospital-based ambulance service or an independent ambulance supplier. If an individual was pronounced dead before the time ambulance was called, then no reimbursement will be made. Thus, growing favourable reimbursement policies will fuel the overall industry growth. However, the shortage of ambulances and proper medical staff might hamper the market demand.

Several advantages associated with the ground ambulance over others will foster the segment expansion

The ground ambulance segment in the ambulance services market was valued at USD 16 billion in 2019. Vehicles used as an ambulance must be equipped and designed to respond to medical emergencies. Also, in non-emergency situations are capable of transporting patients with acute medical conditions. Ground ambulance services have several advantages and ensure the smoothest journey with highest quality standards during all stages of the patient transfer. Ground ambulance service is considered more cost-effective, accessible, and available than air and water ambulance services, that is better suited to extreme emergencies.

Non-emergency medical service is anticipated to show a lucrative growth

Ambulance Services Market Size

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The non-emergency medical services segment is poised to register growth of 1.3% through 2026. Non-emergency services provide medically necessary, pre-scheduled inter-facility services. Non-emergency services are provided to facilities such as nursing homes, hospitals, surgical centers, dialysis centers, and others. Some of the situations in which one can avail of a non-emergency ambulance for safe and convenient transportation are to travel long distances, for special events, for regular medical check-ups, patient logistic support, neonatal transportation, and others.

Increasing demand for nursing homes for effective patient management will stimulate the market revenue

The nursing home end-use segment captured 11% of the ambulance services market share in 2019. The increasing number of nursing coupled with the growing adoption of ambulance services will propel the market progression. Furthermore, rising healthcare spending in developing countries for nursing homes will further impel the usage of ambulance services.

Rising demand for efficient services by private payers will augment the market value

The private segment is predicted to expand at a CAGR of more than 1% by 2026. Private payers offer numerous types of plans to meet the basic standards specifically set by the government. The private sector has undertaken various initiatives to deliver efficient ambulance services at a certain price. In addition, growing strong presence of this sector in healthcare industry will surge the overall industry expansion.

Presence of abundant ambulance services in North America proves beneficial for the regional growth

North America Ambulance Services Market

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North America ambulance services market accounted for over 35% of revenue share in 2019 led by the transition towards value-based care in the region. Presence of major industry service providers in the U.S., growing demand for high-quality healthcare facilities, well-established healthcare infrastructure, and favorable reimbursement policies in the healthcare sector will foster the regional demand.

Increasing acceptance of growth strategies will drive the market growth

Some of the companies operating in the market are Babcock Scandinavian AirAmbulance, Acadian Ambulance Service, BVG India Limited, America Ambulance Services, Falck Danmark, Air Methods, Ziqitza Health Care, Harmonie Ambulance, Aeromedevac and SHM Shipcare among others. These industry leaders are implementing various organic as well as in-organic growth strategies to maintain their market position and financial stability. 

Some of the recent industry developments:

  • In July 2019, Babcock Scandinavian announced its six-year fixed wing air ambulance services contract in Norway. Babcock Scandinavian AirAmbulance will be responsible for all fixed wing air ambulance operations in Norway, transporting around 9,000 patients per year.

This market research report on ambulance services includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026, for the following segments:

Market, By Mode of Transportation

  • Air ambulance
  • Ground ambulance
  • Water ambulance

Market, By Services

  • Emergency medical services
  • Non-emergency medical services

Market, By Payer

  • Public
  • Private
  • Out-of-pocket

Market, By End-use

  • Hospitals
  • Nursing homes
  • Home healthcare settings
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • South Africa


Frequently Asked Questions (FAQ) :

The market size of ambulance services surpassed USD 28 billion in 2019 and is poised to grow at a CAGR of around 0.9% between 2020 and 2026.
North America dominated over 35% market share in 2019 attributed to the transition towards value-based care in the region.
According to the analysts at GMI, the non-emergency medical services segment is predicted to expand at 1.3% CAGR through 2026.
The private payer segment is estimated to witness around 1% growth rate during the forecast timeframe, says this research report by Global Market Insights, Inc.
Some of the eminent players operating in the market include Babcock Scandinavian AirAmbulance, Acadian Ambulance Service, BVG India Limited, America Ambulance Services, Falck Danmark, Air Methods, Ziqitza Health Care, Harmonie Ambulance, Aeromedevac and SHM Shipcare.

Premium Report Details

  • Published Date: Jun 2020
  • Pages: 220
  • Tables: 178
  • Charts / Figures: 17
  • Companies covered: 10
  • Countries covered: 15

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