One of the major challenges faced by the global emergency ambulance vehicle market is high operational costs. Ambulance vehicles require high maintenance and operate on a daily basis to cater to emergency needs. This leads to increased fuel, insurance, and repair costs. Additionally, ambulance vehicles need to be equipped with advanced medical equipment to provide emergency care during transit. This expensive medical equipment increases the overall ambulance operational costs. Further, ambulance crews need to be professionally trained in emergency medical procedures which adds to the personnel costs. The 24/7 operational nature of ambulances does not allow reduced workload hours and affects their utility cost-effectiveness negatively. Overall, maintaining and running emergency ambulance vehicles involve large investments which burden the involved stakeholders.
Global Emergency Ambulance Vehicle Market Opportunity - Advancements in ambulance technology
The global emergency ambulance vehicle market has strong growth opportunities due to advancements in ambulance technology. Ongoing research and development activities are integrating newer and improved medical facilities in ambulance vehicles. For instance, some of the recent ambulances come equipped with portable ultrasound and Electrocardiogram (EKG) machines, ventilators, defibrillators, and other critical care medical devices. This enhances the life-saving potential of ambulance transit. In addition, the integration of technologies like vehicle telematics and computer-aided dispatch systems allow improved ambulance tracking and coordination. Advanced driving assistance systems are also improving road safety and navigation for ambulance drivers. Such technological enhancements are expected to drive demands for newer ambulance vehicles across regions.
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