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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 | Apr 2015

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

IBISWorld’s Ambulance Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment
219,641
Businesses
46,017
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, the industry is expected to incur $0.10 in capital expenditures. 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
BLS nonemergency careBLS emergency areALS nonemergency careALS emergency care
 
Industry Activities
Ambulance services (air or ground)Emergency medical transportation services (air or ground)Air rescue servicesMedical rescue services


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