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Ambulance Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Ambulance Services Market Research Report | NAICS 62191 | May 2014

In service: The aging population and healthcare reform will drive demand for ambulances

The Ambulance Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
3.8%
Annual Growth 14-19
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Profit
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Employment
169,917
Businesses
3,257
Industry Analysis & Industry Trends

The rising importance of ambulance services in the healthcare system has fostered revenue growth for the Ambulance Services industry over the past five years. Demand accelerated during the recession, as an increasing number of individuals lost private insurance coverage and waited until health issues escalated into emergency situations. Over the next five years, the growing number of individuals aged 65 and older will sustain industry growth, since the elderly face more medical issues than younger groups... purchase to read more

Industry Report - Industry Investment Chapter

The Ambulance Services industry has a low level of capital intensity. For every dollar spent on labor, about $0.21 is spent on capital. Labor costs are high due to the need for trained staff to provide medical care and operate ambulances. In addition to high maintenance costs of aircrafts, which increases depreciation costs, air ambulance companies must have highly skilled pilots and medical staff. The majority of industry employees, including paramedics and emergency medical technicians (EMTs), have daily contact with patients, indicating the level of service and skill that is required. Paramedics and EMTs must be state-certified to transport patients and perform emergency care services... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Ambulance Services Industry?

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.

Industry Products
Emergency air transportationEmergency ground transportationNon-emergency ground transportationNon-emergency air transportationOther services
 
Industry Activities
Ambulance services (air or ground)Emergency medical transportation services (air or ground)Air rescue servicesMedical rescue services


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