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Ambulance Services Market Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2027
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In the recent past, the global ambulance services markethas been making a major breakthrough due to the rising prevalence of chronic diseases and the growing geriatric population. With rising incidents of cardiovascular diseases such as cardiac arrest and stroke, the need for efficient and timely medical assistance has become indispensable. This has surged the demand for effective ambulance services that ensure timely healthcare assistance. The demand for ambulance services is further fueled by the growing incidence of road accidents. Noticeably, governments across the globe are taking relevant initiatives and forming favorable reimbursement policies to ensure ease of healthcare access for citizens. Furthermore, major players in the ambulance services market are rolling out new products, while pursuing strategic collaborations and partnership agreements to promote open innovation.


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Increased Number of Road Accidents Create Headways for Global Ambulance Services Market Growth


On a global scale, traffic accidents are the leading cause of death. As per the Association for Safe International Road Travel (ASIRT), road accidents have caused approximately 1.3 million fatalities, with an additional 20-50 million cases of serious injuries or disabilities. Notably, the number of road accidents has risen incessantly due to the increase in vehicle ownership, road congestion, rash driving, and poor road quality. To reduce grave trauma or injury, immediate medical intervention is of the utmost importance; in several cases, adequate early care has prevented serious trauma. This has elevated the demand for advanced ambulance services in both emerging and developed nations. During the forecast period, the consistently soaring demand for ambulance services is poised to expand the global ambulance services market.


Emergency Medical Services Segment Exhibits Higher Growth Prospects


Over the projection period, the emergency medical services segment is set to grow at a promising pace. This growth is mainly attributed to the rising prevalence of disorders such as congestive heart failure, cardiac arrest, and cardiovascular stroke. According to the Heart and Stroke Organization of Canada, every year, almost 35,000 Canadian citizens suffer from cardiac arrest while around 62,000 people suffer from stroke. These patients need immediate medical assistance which is provided by emergency ambulance services. Apart from this, several patients with severe injuries or illnesses also need immediate medical attention. Emergency ambulance services ensure the immediate availability of emergency medical technicians (EMT), paramedics, and ALS. In the coming years,



North America Emerges as Key Regional Player Amid Sustained Demand for Advanced Healthcare Services


North America is projected to demonstrate remarkable growth throughout the forecast period owing to the rise in demand for quality healthcare services and a well-developed healthcare infrastructure. In this region, the government is making significant efforts to ensure ease in access to healthcare through favorable norms and remunerative reimbursement policies. Moreover, the growth in the ambulance services market in North America is further propelled by the presence of major market players. These players are making consistent efforts to improve the quality of healthcare delivery through effective innovations in ambulance services.


Major Market Players


Most prominent market players in the ambulance services market include Babcock Scandinavian AirAmbulance, Acadian Ambulance Service, SHM Shipcare, Aeromedevac, BVG India Limited, Ziqitza Health Care, Harmonie Ambulance, Air Methods, Falck Danmark, and America Ambulance Services.


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About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values ​​an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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