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The U.S. Ambulance Service Market to Generate Revenue of $32.19 Billion by 2029 - Arizton
U.S. Ambulance Services Market - Focused Insights 2024-2029
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The Ambulance Service market in the United States is experiencing significant growth, with its value projected to increase from $17.82 billion in 2023 to $32.19 billion by 2029, at a CAGR of 10.36%. This growth is driven by several factors, including an aging population, rising healthcare expenditure, and an increase in chronic diseases such as diabetes, obesity, and coronary artery diseases.
In 2023, the Advanced Life Support (ALS) segment dominated the market with a 68.85% share and is expected to continue its growth due to the rising need for advanced medical care during transportation. The Ground Ambulances segment, making up 48.70% of the market, is also growing steadily, offering a more affordable option than air ambulances.
The Emergency Services segment leads the market with a 77.47% share, primarily serving the elderly more prone to serious health conditions. Geographically, the Metropolitan Statistical Areas are the largest market segment, holding a 76.79% share in 2023, and are expected to grow due to the higher elderly population and disease prevalence in these areas.
The demand for ambulance services is fueled by increasing incidents of chronic diseases and road accidents. For example, the CDC reports that annually, over 795,000 people in the U.S. suffer from strokes, and around 3.4 million have epilepsy. Basic Life Support (BLS) services, accounting for 48.5% of ground ambulance claims in 2020, cater to patients who do not require advanced cardiac monitoring or respiratory interventions.
The Smart Ambulance, equipped with real-time connectivity, GPS, RFID technology, and compatibility with hospital equipment, represents the future of ambulance services, offering more efficient and accurate medical assistance.
The U.S. ambulance services market is highly fragmented, with key players like Air Medical Group Holdings, Rural/Metro Corp, Medstar Ambulance, Acadian Medical Response, and AirEvac leading the market. These companies are investing in advanced technologies and expanding geographically to improve service delivery and response times.
In conclusion, the U.S. Ambulance Service market is rapidly growing due to the increasing demand for emergency medical services, technological advancements, and the aging population. The market is competitive, with companies continuously innovating and expanding to meet the growing needs.
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Vendors List
1. Acadian Ambulance Service
2. Air Medical Group Holdings
3. Rural/Metro Corporation
4. Medstar
5. AirEvac International
6. Ambulnz
7. Air Methods
8. American Air Ambulance
9. Royal Ambulance
10. PHI Air Medical
11. Falck
12. Air Ambulance Worldwide
13. American Medical Response
14. SeniorCare EMS
15. RIT Ambulance
16. Metro West Ambulance
17. Mohawk Ambulance Service
18. McKeesport Ambulance Rescue Service
19. Guardian Flight
20. Apollo MedFlight
21. Life Flight Network
PRODUCT SEGMENTATION & FORECAST
• By Equipment
• Advanced Life Support
• Basic Life Support
• By Mode Of Transport
• Ground Ambulance
• Air Ambulance
• Water Ambulance
• By Service
• Emergency Service
• Non-Emergency Service
• By Region
• Metropolitan Statistical Areas
• Non-Metropolitan Statistical Areas
Key Questions Answered in the Report
What is the projected value of the U.S. Ambulance Service market by 2029?
What is driving the growth of the U.S. Ambulance Service market?
Which segment dominates the U.S. Ambulance Service market?
Table Of Contents
CHAPTER - 1: Ambulance Services Market Overview
• Executive Summary
• Key Findings
CHAPTER - 2: Ambulance Services Market
• US: Projected Revenue of Ambulance Services Market (2023-2029; $Billions)
CHAPTER - 3: Ambulance Services Market Segmentation Data
• US: Projected Revenue by Equipment (2023-2029; $Billions)
• Advanced Life Support
• Basic Life Support
• U.S.: Projected Revenue by Mode of Transport (2023-2029; $Billions)
• Ground Ambulance
• Air Ambulance
• Water Ambulance
• U.S.: Projected Revenue by Service (2023-2029; $Billions)
• Emergency Services
• Non-Emergency Services
• U.S.: Projected Revenue by Region (2023-2029; $Billions)
• Metropolitan Statistical Areas
• Non-metropolitan Statistical Areas
CHAPTER - 4: Ambulance Services Market Prospects & Opportunities
• Ambulance Services Market Opportunities & Trends
• Ambulance Services Market Drivers
• Ambulance Services Market Constraints
CHAPTER - 5: Ambulance Services Industry Overview
• Ambulance Services Market - Competitive Landscape
• Ambulance Services Market - Key Vendor Profiles
• Ambulance Services Market - Other Prominent Vendors
• Ambulance Services Market - Key Strategic Recommendations
CHAPTER - 6: Appendix
• Research Methodology
• Abbreviations
• About Arizton
List of Exhibits
• Exhibit 1: Projected Revenue of Ambulance Service in U.S. (2023-2029)
• Exhibit 2: Market Size & Forecast - Advanced Life Support (2023-2029)
• Exhibit 3: Market Size & Forecast - Basic Life Support (2023-2029)
• Exhibit 4: Market Size & Forecast - Ground Ambulance (2023-2029)
• Exhibit 5: Market Size & Forecast - Air Ambulance (2023-2029)
• Exhibit 6: Market Size & Forecast - Water Ambulance (2023-2029)
• Exhibit 7: Market Size & Forecast - Emergency Service (2023-2029)
• Exhibit 8: Market Size & Forecast - Non-Emergency Service (2023-2029)
• Exhibit 9: Market Size & Forecast - Metropolitan Statistical Areas (2023-2029)
• Exhibit 10: Market Size & Forecast - Non-Metropolitan Statistical Areas (2023-2029)
List of Tables
• Table 1: Key Market Trends in Ambulance Services Market
• Table 2: Key Market Enablers in Ambulance Services Market
• Table 3: Key Market Constraints in Ambulance Services Market
• Table 4: Strategic Recommendations in Ambulance Services Market
About Focused Reports by Arizton
Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.
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