Global Emergency Ambulance Vehicle Market Segmentation by Vehicle Type (Vans, Cars, Motorcycles, Others), by Equipment (Basic Life Support Ambulance Services (BLS), Advance Life Support Ambulance Services (ALS)), by Application (Hospitals, Emergency Center, Others), and by Region (North America, APAC, Europe, MEA& Africa and South Africa).
Emergency ambulance vehicle services are provided to patients with acute injury or illness and to those who are in urgent need of medical attention. The emergency ambulance vehicles are equipped with BLS, ALS, paramedics, and Emergency Medical Technicians (EMT). Various factors such as improving healthcare infrastructure, growing race to provide better services to the patients, various government and non-government organizations creating awareness to make ambulance services available in developing countries, increasing number of road accidents are driving the global emergency ambulance vehicles market over the forecast period.
However, factors such as less adoption of emergency ambulance vehicles in underdeveloped countries and high cost pertaining to these ambulance vehicles are restraining the market growth over the forecast period.
Global Emergency Ambulance Vehicle Market is segmented by vehicle type, by equipment, by application, and by Region. By equipment, Advance Life Support Ambulance Services (ALS) held 64.11% of market share in 2019 and is expected to keep its dominance over the forecast period. The ALS Ambulances are equipped with state-of-the-art heart and blood pressure monitoring equipment, pulse oximetry, IV pumps, oxygen delivery devices including a CPAP, and advanced medications used to treat a variety of illnesses and provide pain relief.
By geography, North America held the highest market share in 2019 and is expected to keep its dominance over the forecast period. Various factors such as growing need for emergency care before hospitalization, rising number of emergency cases, and the presence of major market players are driving the market growth in this region. North America is followed by APAC and Europe. The Asia Pacific is expected to witness the fastest growth rate over the forecast period. Factors such as improvements in healthcare facilities and an increase in the number of road accidents are driving the market growth in this region.
The report covers an in-depth analysis of key development, marketing strategies, supply-side and demand-side indicators, and company profiles of market leaders, potential players, and new entrants. Some of the key players covered in this report are EV Group, Ford Motor Company, MAN, Daimler AG, Groupe Renault, Lifeline Emergency Vehicles, W.A.S. Ambulance, Toyota Motor Corporation, Leader Ambulance and BAUS AT among others. These key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Emergency Ambulance Vehicle Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Emergency Ambulance Vehicle Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Emergency Ambulance Vehicle Market positioning of competitors.
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