Published Date : Jul 21, 2014
Ambulance Services in Healthcare Market
Ambulance services play an important role in the healthcare sector. Due to emergency ambulances services many fatalities are prevented. Ambulance services help to rescue physically ill or injured patients by providing them transportation to the appropriate hospitals. The most common use of ambulance service is for emergency situations, for example when an individual is in a car accident or if the individual collapsed suddenly. In such cases, ambulance can quickly provide transportation to the individual to a health care facility where they can receive treatment. However, an ambulance service is also used for non-emergency services.
An ambulance apart from providing transportation can also provide medical care to the patient during the transportation. An ambulance is equipped with medical equipment and staff which helps to maintain the condition of the patient stable, till the patient is transported to the appropriate medical facility.
Types of Ambulance Services
Ambulance service is available in three modes of transport which are ground ambulance service, air ambulance service, and water ambulance service. Ground ambulance service is the most common type of ambulance service used. The ground ambulance services market accounts for the largest share of revenue in the market.
Air ambulance service is used when a patient needs to be transported over a long distance quickly than ground ambulance service. This service is also known as medical airplane, emergency helicopter, medical helicopter, and life-flight. On the other hand, water ambulance service is a boat which is used for medical care in island locations. A water ambulance is equipped with a siren, two way radio, blue flashing lights, and radar. They also come with emergency medical care, and two first level emergency medical care providers.
According to the equipment the ambulance services market [http://www.marketresearchreports.biz/analysis/194573] is divided into two major categories which are advanced life support (ALS) and Basic Life Support (BLS).
ALS and BLS Ambulance Service
Basic Life Support refers to ambulance service which offers transport to patients that do not need cardiac monitoring or extra support. Usually, the BLS ambulance has EMT level health care providers. A BLS ambulance service includes lower extremity fractures, medical and surgical patients that do not need cardiac monitoring, psychiatric patients, and discharge to sub-acute medical facilities or home.
ALS ambulance provides transportation and the ambulance is equipped with medically necessary services and supplies and an advanced life support assessment by an ALS personnel. An ALS personnel refers to a person who is trained to the level of emergency medical technician which can be intermediate or paramedic. An ALS ambulance service includes a medical patient with a continuous supply of IV medicine, a patient on cardiac monitoring, patients from emergency care facilities, obstetrical patients, and any patient who has a potential complication during transportation.
Ambulance Service Market Trends
Healthcare sector is a booming sector and geographic zones such as North America and Europe have state-of-the-art medical facilities. However, due to the growing demand for better healthcare facilities the demand for advanced healthcare facilities is rising in developing countries such as China and India. There is rising demand for technologically advanced healthcare products and services. Ambulance service is one such service which plays a critical role, when it comes to patient care.
Geography-wise the ambulance services market is divided into North America, Asia-Pacific, Europe, and Rest of the World. Some of the key players in the ambulance service industry are Acadian Ambulance Service, Dutch Health BV, Air Methods Corporation, Falck A/S, Envision Healthcare Corporation, Rural/Metro Corporation, and London Ambulance Service NHS Trust.
The global market for ambulance services was estimated by a market intelligence agency to grow at a rate of 8.3% CAGR for the period of 2013 till 2019. The market for emergency ambulance service is accounted for the largest revenue share in the industry, and is forecasted to grow at the highest CAGR rate during the study period.
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