Future Market Insights foresees a 6.2% compound annual growth rate in the global Emergency Medical Services Market, propelling it to achieve a market worth of US$ 37.2 billion by the year 2032. Notably, the ground transportation sector is anticipated to remain in a position of dominance during the entire evaluation period, securing a substantial 86.2% share of the overall market in 2021.
Claim your complimentary report with captivating visuals.
https://www.futuremarketinsights.com/reports/sample/rep-gb-14847
The demand for emergency medical services is on the rise due to an increase in cardiac arrests and accidents globally. Technological advancements in emergency medical service software solutions offer additional benefits, including forecasting future health hazards, improved communication during emergencies, and real-time guidance during emergency scenarios.
Several factors contribute to the growth of the emergency medical services market, including a higher number of infection-related cases, increased morbidity risks among the elderly population, rising investments and funding for medical services, a surge in trauma cases, higher healthcare expenditures, and an increase in hospital establishments worldwide.
Moreover, the availability of emergency medical services through well-developed transportation infrastructure, improved communication channels, robust software solutions, and procedural aid during emergency situations positively influences the market. Additionally, air ambulance utilization, which provides essential medical transport services during emergencies, has also contributed to the growth of the emergency medical services industry.
“Rising adoption of air ambulances, along with growing demand for drone-based emergency medical services will augment the growth in the market,” says an FMI analyst.
Key Takeaways:
- Advance life support services accounted for about 56.6% of the global market share in 2021, owing to the rise in demand due to the advent of the COVID-19 pandemic.
- As providers, hospital-based EMS held a dominant share of 27.4% in 2021. Hospital-based EMS provide pre-hospital care for patients during cases of emergency and trauma.
- Ground transport services are a dominant segment in terms of the fleet within the global market, carrying a market share of around 86.2% in 2021.
- North America is observed to be the leading region with an approximate value share of 35.6% in 2021.
Grab Your Discount Now Before It is Gone!
https://www.futuremarketinsights.com/request-discount/rep-gb-14847
Competition Landscape
Market expansion will be hampered by increasing vendor competition. Because there are so many brands and regional and local vendors, there are a lot of rivalries. Furthermore, suppliers in the emergency medical services industry are expanding their offerings to include mobile healthcare, medical educators, primary care extenders, and patient advocates. During the focused period, increased competition is expected to have a negative impact on the worldwide emergency medical service market growth. The emergency medical services industry is fragmented, and providers are competing by using both organic and inorganic growth techniques.
More Insights:
The North American region is the largest Emergency Medical Services Market due to the presence of well-established healthcare infrastructure, high healthcare expenditure, and the adoption of advanced medical technologies.
Key Market Segments Covered in Emergency Medical Services Industry Research
By Services:
- Basic Life Support
- Advance Life Support
- Mortuary Services
- Patient Transfer Services
Get Your Customized Impactful Report Now!
https://www.futuremarketinsights.com/customization-available/rep-gb-14847
By Providers:
- Fire-Department-Based EMS
- Government EMS
- Hospital-Based EMS
- Private Ambulance Service
- Other EMS Agencies
By Fleet:
- Ground Transport
- Air Transport
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
