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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 | Nov 2014

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

IBISWorld’s Ambulance Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - 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
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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