The rising importance of ambulance services in the healthcare system has fostered revenue growth for the Ambulance Services industry over the past five years. Healthcare reform has allowed more insured individuals to use industry services, thereby boosting revenue. Over the next five years, the growing number of individuals aged 65 and older will sustain industry growth, since the elderly experience more medical issues than younger groups. Furthermore, consolidation within the industry will improve operating efficiencies and costs.
The industry includes private and municipal operators that provide transportation of patients by ground or air, along with medical care. These services are often provided during a medical emergency, but they are not restricted to such instances. The vehicles are equipped with lifesaving equipment operated by medically trained personnel.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.