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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

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
$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 - Starting a New Business Chapter

Barriers to entry in the industry are high, although some segments of the industry have higher barriers than others. It is more difficult to enter the industry as a provider of emergency services than it is to provide non-emergency services, because emergency services require highly trained staff, more costly equipment and additional licenses. For all segments of the industry, licensing and regulatory requirements increase the barriers to entry. For instance, air medical emergency transportation companies must have fully licensed pilots, Federal Aviation Administration certifications, and specially trained medical staff and mechanics. Some states also require operators to obtain a certificate of need (CON) in order to receive Medicaid reimbursement for services provided... 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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