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May 28, 2019

Home / Global Emergency Ambulance Market Growth To Be Driven By Rising Number Of Emergency Cases Related To Accidents And Prevalence Of Chronic Diseases

Global Emergency Ambulance Market Growth To Be Driven By Rising Number Of Emergency Cases Related To Accidents And Prevalence Of Chronic Diseases

Kathleen Kinder

Last updated on:May 28, 2019 Market.us

An emergency ambulance is a vehicle useful in emergency cases such as road accidents, and heart attacks and cardiac arrest cases. An emergency ambulance helps in preventing deaths of individuals by giving immediate treatment and minimizing injuries. This emergency ambulance is found in laboratories and hospitals and is equipped with sirens and warning lights.

Growing number of geriatric population, growing requirement for emergency medical services are among the major factors that are propelling demand for emergency ambulances.


READ
Emergency Ambulance Marketto Augur at 2.4% CAGR from 2019.2028 Owing to Rising Number Of Emergency Cases Related To Accidents

Integration of advanced technologies and improved quality of components in emergency ambulances such as a camera with high resolution and global positioning system (GPS) used for making the emergency ambulance more effective are factors that can result in high efficiency of these vehicles. Demand for an emergency ambulance will incline constantly in the years to come owing to vast and well-developed infrastructure in an emergency ambulance and need for systematic and fast processes for emergency cases and need to save the life of the people.

High cost that is related to emergency care facilities and lack of skilled professionals for emergency ambulances are major challenges currently observed in the global emergency ambulance market and may hamper profits of the manufacturers to a certain extent.

trending_up Total Revenue in 2018

$2,824.6 Mn

trending_up Market CAGR of the Next Ten Years

2.4%

no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028
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trending_up Market Revenue of the Next Ten Years

$XXXX Mn

Mainly three types of the emergency ambulances are available in the market currently, including truck emergency ambulance, SUV emergency ambulance, and bus emergency ambulance. A truck emergency ambulance is the most preferred ambulance of about 35% in comparison to other ambulances. A truck emergency ambulance is used mostly like a usual general-purpose ambulance based on either the framework of a van ambulance or a light-duty truck. From the recent past, air emergency ambulances such as helicopters are being used to avoid traffic and help the patient reach faster to the hospital.

An emergency ambulance is used in two applications including hospitals and emergency centers. An emergency ambulance is mostly used in hospitals due to the increasing number of road accidents and the growing number of emergency medical hospitalization cases.

Rapid technological advancements and increasing occurrences of chronic disorders are the factors that are resulting in high demand for these vehicles in North America. Moreover, rising healthcare expenditure for well-developed infrastructure in countries in North America, especially in the US and Canada, is leading to increasing adoption of ambulances and driving revenue growth for the companies operating in the target market. Adoption of emergency ambulance is increasing in the Asia Pacific region due to growing increasing investments in development of healthcare infrastructure in economies in this region and rising number of emergency cases. In addition, growing medical tourism in countries such as India.  Use of these vehicles is comparatively less in regions such as Latin America, and Middle East & Africa.

Some of the major players operating in the global emergency ambulance market include TOYOTA, Leader Ambulance, AEV, Horton, Life Line Emergency Vehicles, Macneillie, Huachen Auto Group, Rodriguez Lopez Auto, NISSAN, FUSO, WAS, BAUS AT, EMS, Braun, BHPL, JSV, DEMERS, BYRON (ETT), GRUAU, and Osage Industries.

Kathleen Kinder

With over 4 years of experience in the research industry, Kathleen is generally engrossed in market consulting projects, catering primarily to domains such as ICT, Health & Pharma, and packaging. She is highly proficient in managing both B2C and B2B projects, with an emphasis on consumer preference analysis, key executive interviews, etc. When Kathleen isn’t deconstructing market performance trajectories, she can be found hanging out with her pet cat ‘Sniffles’.

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