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CHICAGO, May 16, 2024 /PRNewswire/ — According to Arizton’s latest focus insight report, the US emergency medical services (EMS) market is growing at a CAGR of 10.46% during 2024-2029.
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U.S. emergency medical services market focus insight report by Arizton
The US Emergency Medical Services (EMS) Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2029) |
USD 26.20 billion |
|
Market Size (2023) |
USD 14.43 billion |
|
CAGR (2024-2029) |
10.46 % |
|
Historic Year |
2020-2022 |
|
Base Year |
2023 |
|
Forecast Year |
2024-2029 |
The demand for emergency medical services is rising due to multiple factors, including the rising number of baby boomers, the growing aging population, the increase in healthcare expenditure, and rising road accidents. The US is the largest revenue contributor to the global emergency medical service market.
The Public Providers Segment to Generate a Revenue of $14.01 Billion by 2029
Most (96%) of registered departments are local fire departments including career, combination, volunteer fire departments, and fire districts. The remaining 4% comprises state and federal government fire departments, contract fire departments, private or industrial fire brigades, and transportation authority or airport fire departments. Leading specialized services provided by these departments include vehicle extrication (77%), fire/injury prevention and public education (64%), wildfire/wildland urban interface (WUI) (63%), and essential life support (BLS) services (60%). It is observed that only 5% of registered departments have fireboat service capabilities. Of those departments offering fire investigation/fire-cause determination services, 19% have sworn investigators with the power to arrest. In addition, about 71% of the nation’s fire departments provide some emergency medical services (EMS).
Air & Water Transportation the Fastest Growing Segment
The air & water transportation accounted for 9.88% of market share and is growing at a CAGR of 11.38%.
Emergency medical service providers can quickly reach remote areas through air mode of transport where ground services are unable to reach on time.
As per the Association for Safe International Road Travel, more than 46,000 people in the US die annually due to road accidents, whereas around 4.4 million people are highly injured.
In 2021, Life Flight Network and Life Link III, two independent hospital-owned air mode of transport programs, signed a letter of intent to launch a strategic alliance, which is a positive sign for the growth of the segment.
About the Report
The U.S. emergency medical services market report contains exclusive data on 44 vendors. The emergency medical services (EMS) market in the U.S. is fragmented due to the presence of approximately 2,000 providers. This fragmentation entails a diverse landscape comprising large-scale companies and numerous small-scale regional competitors. These entities often secure long-term contracts with medical care organizations and actively seek strategic alliances and collaborations with businesses in various countries to expand their market footprint. Furthermore, emergency medical service providers are expanding their service offerings by integrating mobile healthcare, patient advocacy, primary care extenders, and medical education into their portfolios.
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Segmentation & Forecast
Provider
Public
Private
Hybrid
Service
Advanced Life Support
Basic Life Support
Incident
Single Casualty Incidents
Mass Casualty Incidents
Patient Group
Adults
Pediatrics
Transport
Ground Transport
Air & Water Transport
Vendors List
Acadian Ambulance Service
Air Medical
Ambulnz
Apollo MedFlight
BSA Health System
Central EMS
City Ambulance Service
Falck
Global Medical Response
HEMSI
LifeLine EMS
Lifestar EMS
Lynch EMS
Medstar
MMT
Redlands Community Hospital
SeniorCare Emergency Medical Services
American Medical Response (AMR)
U.C. Health
Union Emergency Medical Services
Air Ambulance Worldwide
Air Methods
AirEvac International
American Air Ambulance
Chatham Emergency Services
Eagle County Paramedic Services
Emergency Ambulance Service
Greenwich Emergency Medical Service
Guardian Flight
Leon County EMS
Life Flight Network
Livingston County EMS
Mckeesport Ambulance Rescue Service
Metro West Ambulance
Mohawk Ambulance Service
National EMS
New Castle County EMS
NorthStar EMS
Okaloosa County Emergency Medical Services
PHI Air Medical
Puckett EMS
Regional Paramedical Services
RIT Ambulance
Rural/Metro Corp
Key Questions Answered in the Report:
How big is the U.S. emergency medical services market?
What is the growth rate of the U.S. emergency medical services market?
What are the key trends in the U.S. emergency medical services market?
What are the restraints in the U.S. emergency medical services market?
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