On call: The aging population and healthcare reform will drive demand for ambulances

The Ambulance Services industry exhibited growth over the past five years due to the burgeoning elderly population's increased need for industry services. However, state budgetary issues, particularly in rural areas that may lack the tax income to provide cohesive ambulance services, have caused industry operators to move toward the private, for-profit business model. To mitigate fraud related to ambulances billing Medicare and Medicaid for emergency rather than nonemergency services, some states have made new ambulance companies ineligible for federal funding. As a result, industry operators will likely grapple with intensifying internal competition as they consolidate or merge with other companies to control costs as demand increases for faster response times...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • State budgetary issues have caused industry operators to move toward the private, for-profit business model
  • Many municipalities have increasingly outsourced their services to private providers to cut costs
  • Healthcare reform will bolster the number of insured individuals, lowering the potential for bad debt
  • Industry Report - Industry Key Buyers Chapter

    The Ambulance Service industry is highly fragmented and exhibits a low level of market share concentration. The top four ambulance providers account for less than a fourth of total industry revenue. Regionally, there are a limited number of ambulance providers, and nationally, there are only two ambulance providers. According to the US Census Bureau, the number of establishments with more than 20 and fewer than 100 employees account for the greatest portion of industry revenue. The industry consolidated since the 1970s, which enabled a few large operators, such as Envision Healthcare, to grow via mergers and acquisitions...purchase to read more.

    Additional Insights for the Ambulance Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ambulance Services Industry are

  • Recommendation/accreditation from authoritative source
  • Provision of development programs for personnel
  • Maintenance of equipment
  • IBISWorld analysts also discuss how external factors such as Total health expenditure and Federal funding for Medicare and Medicaid in the Ambulance Services industry impact industry performance..

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    What's in this report

    What is the Ambulance Services Industry?

    The industry includes private operators that provide transportation of patients by ground or air, along with medical care. These services are often provided during a medical emergency but are not restricted to such instances. Industry vehicles are equipped with lifesaving equipment operated by medically trained personnel.

    Industry Products
  • Standby ambulance or first-aid services
  • Emergency surface ambulance
  • Emergency air ambulance (fixed wing)
  • Emergency air ambulance (rotary wing)
  • Nonemergency surface ambulance
  • Nonemergency air ambulance
  • Industry Activities
  • Ambulance services (air or ground)
  • Emergency medical transportation services (air or ground)
  • Air rescue services
  • Medical rescue services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total health expenditure
  • Federal funding for Medicare and Medicaid
  • Number of adults aged 65 and older
  • Number of people with private health insurance
  • Healthy eating index

  • Current Performance
  • Outsourcing to private providers
  • Medicare reimbursements
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued outsourcing
  • Consolidation and healthcare reform
  • Table: Ambulance Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ambulance Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Hospitals
  • Specialty Hospitals
  • Nursing Care Facilities
  • Justice, Public Order and Safety Activities

  • Key Selling Industries
  • Aircraft, Engine & Parts Manufacturing
  • Machinery Maintenance & Heavy Equipment Repair Services

  • Products & Services
  • Emergency surface ambulance
  • Nonemergency surface ambulance
  • Emergency air ambulance (rotary wing)
  • Other
  • Emergency air ambulance (fixed wing)
  • Nonemergency air ambulance
  • Standby ambulance or first-aid services
  • Chart: Ambulance Services Industry Products and Services Segmentation

  • Demand Determinants
  • Demographics, health and well-being
  • Affordability
  • Substitute services

  • Major Markets
  • Sprains or strains of neck and back
  • Contusion with intact skin surface
  • Open wounds
  • Fractures
  • Sprains or strains excluding neck and back
  • Spinal disorders
  • Other
  • Chart: Major Market Segmentation for the Ambulance Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Ambulance Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ambulance Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Ambulance Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Ambulance Services Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Federal funding for Medicare and Medicaid (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Ambulance Diversion
  • When a hospital emergency department cannot care for additional emergency patients, redirecting ambulances to another hospital or medical facility.
  • Automatic Vehicle Location (Avl)
  • Tracks the location and availability of every ambulance across wide areas to recommend the closest ambulance crew.
  • Computer Aided Dispatch (Cad)
  • Automatically records telephone numbers and address details of callers.
  • National Academies Of Emergency Dispatch
  • A nonprofit, standard-setting organization promoting safe and effective emergency dispatch services.
  • Public-Private Partnerships
  • Cooperative partnerships between public and private organizations, such as local fire agencies and regional ambulance companies.
  • What Our Customers Say

    Why buy this report?

    The Ambulance Services Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ambulance Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ambulance Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ambulance Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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