Ambulance Services in the US - Market Research Report

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This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Ambulance Services industry, which focuses on transporting patients and providing medical care, has exhibited a mild increase, driven by industry and demographic shifts. 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. This transition into the private sector is expected to enhance industry performance as industry operators provide more ambulance services which would lead to higher revenue. However, in 2020, industry revenue took a hit when the pandemic caused lockdowns, thus limiting the need for ambulance services. 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.