Ambulance Software Market Scope
The global ambulance software market is expected to witness healthy growth during the forecast period, according to the AMA study. This is owing to rising deployment of ambulance management systems across different hospitals and care service facilities across different regions of the world. Furthermore, rising number of emergency situations due to increasing number of road accidents are generating the demand for large number of ambulance fleet and thereby driving the ambulance software market globally.
The vendors in this market are focusing on developing innovative solutions with easy interface in the solutions for ambulance emergencies. The global ambulance software market is moderately fragmented with a large number of players across the world. Moreover, the players in this market are trying to cater to maximum hospitals and emergency service providers in order to remain competitive in the market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Ambulance Software market throughout the predicted period.
AngelTrack LLC (United States), ImageTrend, Inc. (United States), eso (United States), RAM SOFTWARE SYSTEMS INC. (United States), CENTRAL SQUARE (United States), Emergency Reporting (United States), ZOLL Medical Corporation (United States), WebMedicPro (United States), MP Cloud Technologies (United States), EDImis, Inc. (United States), NEMT Cloud Dispatch (United States), CloudPital (Australia), Healthpac (Georgia), MEDHOST (United States), emsCharts (United States) and Traumasoft (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Ambulance Software market by Type (On-Premise and Cloud-based), by Application (Equipment Tracking & Dispatch Monitoring, Point-of-Service Data, Shift Management, Billing & Invoicing, Fleet Management, Electronic Patient Care Reporting (ePCR) and Others) and Region with country level break-up.
On the basis of geography, the market of Ambulance Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Opening of Various Ambulance Service Providers Across Different Regions
Market Growth Drivers:
Rising Deployment of Ambulance Management Systems and Increasing Number of Emergency Situations Propelled by Rising Number of Road Accidents Generating the Demand of a Large Number of Ambulances and Employees are Generating the Requirement of Cost-Effective Operations
Challenges:
Challenges in Real-Time Data Acquisition
Restraints:
Increasing Incidence of Data Breaching
Opportunities:
Growing Number of Ambulance Fleet Worldwide
Market Leaders and their Expansionary Development Strategies
In August 2019, MP Cloud Technologies announced that it has been selected by Professional Ambulance Billing LLC for providing billing software services. Professional Ambulance Billing LLC is an air/ground EMS medical billing reimbursement services organization serving the Northeast U.S. region with a heavy presence in New York state.
In October 2017, ImageTrend Inc. announced the expansion of its Open Platform data sharing through ImageTrend Health Information Hub which enables EMS agencies to interchange data and transfer ePCR incidents with agencies using any NEMSIS version 3 certified system, breaking down the software-specific barriers that previously prevented local and regional partners from sharing encounter data.
Analyst View
Government initiatives such as free ambulance services for rural area people is generating the demand for large number of ambulances and driving the demand for ambulance software for cost-effective management of hospitals and ambulance service providers.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.