Emergency Medical Services Market Size, Share and Global Trend, By Service Type (Ambulance services, Remote access services, Other) By Ownership (Private services, Government services, Hospital owned services, Volunteer services, Others), and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Emergency medical services also known as ambulatory services, are systems that offer medical care in emergency situations. The primary focus of emergency medical services is injury and emergency illness like stroke and cardiac arrest. Services which are required in natural disasters are also included under emergency medical services. The need for emergency medical services is rising due to the growing incidences of cardiac arrests and accidents across the globe. Technological advancements in emergency medical services provided by software solutions are offering added benefits such as predicting future health risks, enhanced communication during an emergency situation and real-time guidance during emergency scenarios.
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Rising prevalence of trauma injuries, growing need for improved disaster management system are significant factors for the growth of global emergency services market. Combined with this, rise in demand for quick response during emergency situations, rising need for accurate tracking of patient health condition and improved and safe treatment due to the preparedness of healthcare workforce are expected to raise the demand for global emergency medical services market during the forecast period. According to estimates by the World Health Organization (WHO), approximately 265,000 deaths are caused annually due to fire alone, also the majority of deaths occurs at workplaces.
However, the shortage of equipment and healthcare workforce in emerging nations are some of the deterring factors for the growth of the global emergency medical services market.
Key Players Covered
Some of the major companies that are present in the global medical emergency services market are, Falck Denmark A/S, Acadian Ambulance Service, Apollo Hospitals Enterprise Ltd, Allied Medical, Smiths Medical, London Ambulance Service, AirMed International, and others.
Segmentation
Segmentation | Details |
By Service Type | · Ambulance services · Remote access services · Other |
By Ownership | · Private services · Government services · Hospital owned services · Volunteer services · Others |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa) |
Key Insights
- Prevalence of accidents and trauma – for key countries
- Key growth strategy of major players
- Key mergers and acquisitions
Regional Analysis
The global emergency medical services market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are projected to dominate the global emergency medical services market in 2018 owing to rise in emergency situations, rising incidence of accidents, growth in sports injuries, rising prevalence of occupational injuries, and rising adoption of emergency medical services. Adding to these factors, highly developed transport infrastructure, enhanced communication channels, robust software solutions and growth in training and education to the healthcare workforce are responsible for the growth of the global emergency medical services market. In the emerging countries of Asia Pacific like China and India, the rise in patient pool suffering from indications like stroke, cardiac arrest among others are anticipated to propel the global emergency medical services market.
Within the service type segmentation, ambulance services are estimated to hold a major share in the global emergency medical services market during the forecast period owing to rising incidents of trauma and accidents.
Key Industry Developments
- In April 2019, Acadian Ambulance Service opens up a service station in Youngsville, Los Angeles U.S.
- In March 2019, Falck Denmark A/S joined with UN Global Compact to formalized its commitment to contribute to a socially, environmentally and economically sustainable development.
- In April 2019, AirMed International expanded its service by the acquisition of AMR Air in Denver and Lifeguard Flying ICU in Las Vegas.
- Ongoing
- 2023
- 2019-2022
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