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The ambulance services market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

Read More On The Ambulance Services Market Report 2022 – https://www.thebusinessresearchcompany.com/report/ambulance-service-global-market-report

The Ambulance Services Market Size In 2022 And Forecast

The global ambulance services market is expected to grow from $60.35 billion in 2021 to $66.18 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The ambulance services market is expected to grow to $82.86 billion in 2026 at a CAGR of 5.8%.

The ambulance services market consists of sales of ambulance services and related goods by entities (organizations, sole traders and partnerships) that provide ambulance services for emergency access to healthcare in response to emergency calls, urgent doctor admissions and emergency hospital transfers.

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Changes In Lifestyles And An Increase In Sedentary Jobs Is Driving The Growth Of The Ambulance Services Market

For instance, according to the American heart Association’s Heart & Stroke Statistics 2020, in the US, there are about 356,000 out-of-hospital cardiac arrests (OHCA) per year, with approximately 90% of them being fatal. Change in lifestyle increase the incidence of cardiac arrests and thereby drive the demand for ambulance services.

Competitive Landscape And The Regional Analysis Of The Ambulance Services Market

Major players in the ambulance services market are American Medical Response, Inc., Providence Service Corporation, Falck AS, Air Methods Corporation, Fresenius Medical Care AG & Co. KGaA, Acadian Ambulance Service, Inc., and NHS England.

Additionally, as per TBRC’s research – Western Europe was the largest region in the ambulance services market in 2021 holding the largest market share.

The Ambulance Services Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the 3D cell culture technologies market.

Adoption Of Electronic Health Records – A Key Trend In The Ambulance Services Market

Digitalization of information related to patients including their medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results is being made possible with EHRs. EHRs increase patient participation, and improve diagnostic and treatment outcomes. Adoption of EHRs by medical practitioners and healthcare centers improves medical practice management by increasing practice efficiencies. It also aids in cost savings.

Ambulance Services Market Segmentation By The Business Research Company

1) By Type: Ground Ambulance Services, Air Ambulance Services, Water Ambulance Services

2) By End User Gender: Male, Female

3) By Type of Expenditure: Public, Private

4) By Ownership: Chained, Standalone

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