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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 | Jun 2016

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

IBISWorld’s Ambulance Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment
199,969
Businesses
18,688
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. 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... 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 $0.09 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
Standby ambulance and/or first-aid servicesEmergency surface ambulance Emergency air ambulance (fixed wing) Emergency air ambulance (rotary wing)Nonemergency surface ambulanceNonemergency air ambulance
 
Industry Activities
Ambulance services (air or ground)Emergency medical transportation services (air or ground)Air rescue servicesMedical rescue services


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