U.S. Emergency Medical Transportation Market, By Type (Ambulance Services And Ambulance Equipment) Usage (Inter-Facility, Rescue Services, And Organ Transplant Logistics And Others), End-User (Hospitals, Trauma Centres, Ambulatory Surgical Centres, and Others) Distribution Channel (Direct Tenders, Retails Sales and Third-Party Distribution) Industry Trends And Forecast To 2028.
Market Analysis and Insights: U.S. Emergency Medical Transportation Market
The U.S. emergency medical transportation market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 7.4% in the forecast period of 2021 to 2028 and is expected to reach USD 15,466.33 thousand by 2028.
The growing instances of strokes and ever-increasing road accidents are driving the demand for emergency medical transportation. Moreover, the changing eating habits of people is leading to various diseases, which indeed increasing the demand for emergency medical transportation, which is the key driving factor of the market.
Emergency medical transportation refers to the type of immediate transport required in case of stroke, heart attack, serious injury from an accident, or any other emergency medical situation. It includes various types of vehicles, including (van, car, plane, helicopter, ground ambulance, air ambulance, water ambulance, among others) that can get people to a medical center as soon as possible. It does not require any advance approval. The cost of transportation is billed by the provider directly to the State Medicaid agency, U.S. It is distinct from non-emergency medical transportation. The EMTR has attained a massive increase in demand as the hospitals and care experts are exploring new ways to manage a quickly aging population and patients with emergency medical U.S.
Stringent rules and regulations related to emergency medical transportation may restraint the growth of the market. However, increasing government support and reimbursement schemes for emergency medical services creates an opportunity for the market. Furthermore, the lack of investments from local players is challenging the market growth of emergency medical transportation
The emergency medical transportation market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis of the emergency medical transportation market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
Emergency Medical Transportation Market Scope and Market Size
- On the basis of type, the emergency medical transportation market is segmented into two notable segments- ambulance services and ambulance equipment. In 2021, ambulance equipment is expected to dominate the market due to increasing chronic diseases and, thus, increased demand for emergency ambulance equipment.
- On the basis of usage, the emergency medical transportation market is segmented into three notable segments inter-facility, rescue services, organ transplant logistics, and others. In 2021, inter-facility is expected to dominate the market owing to the advanced technologies used in inter-facility services.
- On the basis of end-user, the emergency medical transportation market is segmented into four notable segments hospitals, trauma centers, ambulatory surgical centers, and others. In 2021, hospitals are expected to dominate the market due to increasing diseases and strokes among the people in the U.S, which ultimately increases the hospital facility.
- On the basis of distribution channels, the emergency medical transportation market is segmented into direct tenders, retail sales, and third-party distribution. In 2021, direct tenders is expected to dominate the market due to the lower prices and easy availability of emergency medical equipment, which enables patients and other end-users to buy the equipment from direct tenders
U.S. Emergency Medical Transportation Market Country Level Analysis
U.S. emergency medical transportation market is analyzed, and market size information is provided by the country on type, usage, end-user, and distribution channel as referenced above.
The country covered in the U.S. emergency medical transportation market report is the U.S.
- In the U.S. emergency medical transportation market, the U.S. is dominating the ambulance equipment segment due to the high demand for emergency medical equipment in the U.S.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the U.S. emergency medical transportation Industry
The emergency medical transportation market also provides you with detailed market analysis for every country growth in the installed base of different kinds of products for the U.S. emergency medical transportation market, the impact of technology using lifeline curves and changes in infant formula regulatory scenarios, and their impact on the U.S. emergency medical transportation market. The data is available for the historic period 2010 to 2019.
Competitive Landscape and U.S. emergency medical transportation market Share Analysis
The emergency medical transportation market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the nutritional beverages market.
- Some of the major players operating in the U.S. emergency medical transportation market are Cardinal Health, Baxter, Boston Scientific Corporation, Medtronic, GENERAL ELECTRIC, Medline Industries, Inc, Boston Scientific Corporation, 3M, Smith + Nephew, OnTime Medical Transportation, ConvaTec Inc., Baxter, B. Braun Melsungen AG, Koninklijke Philips N.V., Stryker, Gentinge AB, B.D., Cardinal Health, Ambulance USA, American Ambulance Service Inc., Heart Of America Medical Center, Emergency Ambulance Service, Allina Health Emergency Medical Services and Midwest Medical among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide, which are also accelerating the growth of the emergency medical transportation market.
For instance,
- In July, Emergency Ambulance Service, Inc. (Emergency) has received accreditation from the Commission on Accreditation of Ambulance Services (CAAS) for its compliance with national standards of excellence. This development will give the company global recognition.
Partnership, joint ventures, and other strategies enhance the company's market share with increased coverage and presence. It also provides the benefit for the organization to improve their offering for nutritional beverages through an expanded range of sizes.
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