Ambulance services market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period (2024-2031).Ambulance services provide timely and specialized medical care during emergencies, offering transportation to healthcare facilities. Staffed by trained professionals and equipped with essential medical equipment, they ensure prompt medical intervention.
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A disturbing trend, rising traffic accidents, is fueling the growth of the ambulance service market. According to WHO, road traffic crashes globally claim about 1.19 million lives annually and cause non-fatal injuries to 20-50 million people. Low- and middle-income countries have 60.0% of the world’s vehicles, they account for 90.0% of road fatalities. This unfortunate correlation arises because more accidents translate to a greater need for emergency medical attention. Ambulances act as a vital lifeline in these situations, transporting injured individuals to hospitals swiftly and efficiently. The increased frequency of accidents creates a higher demand for ambulance services, keeping them busy and pushing the market towards expansion.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Ambulance Services Market Report Segment
By Mode of Transportation
- Air Ambulance
- Ground Ambulance
- Water Ambulance
By Service Type
- Non-emergency Medical Transport
- Emergency Medical Transport
- Emergency Ground Ambulance
By Operating Type
- Public-Private Partnership
- Government
- Private
- Others
Global Ambulance Services Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
?
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ambulance services market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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