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Ambulance Services Market (By Transport Vehicle: Ground Ambulance, Air Ambulance, Water Ambulance; By Services: Emergency Services and Non-emergency Services; By Equipment: Advance Life Support Ambulance Services (ALS) and Basic Life Support Ambulance Services (BLS)) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032
The global ambulance services market size was valued at USD 44.78 billion in 2022, and is expected to reach over USD 108.4 billion by 2032, poised to grow at a CAGR of 9.30% from 2023 to 2032. The rising cases of road accidents around the world has increased the demand for emergency medical services that in turn drives the market growth.
The ambulance services market is an important sector of the healthcare industry. This industry deals in providing healthcare services to transport patients during emergency. There are different types of services provided by this industry comprising of emergency services and non-emergency services. These services are operated using several transport vehicles consisting of ground ambulance, air ambulance and water ambulance. The ambulance services industry utilizes various equipment consisting of advance life support (ALS) ambulance services and basic life support (BLS) ambulance services. It is operated by numerous entities such as public private partnership, government, private and some others. This market is expected to grow significantly with the rise in medical services industry across the world.
The advancement in AI technology is important for the ambulance services market. AI plays a major role in diagnosing the condition of the patient that are transported by ambulances. Moreover, the integration of AI in ambulance booking platforms helps in detecting the accurate location of the emergencies. Additionally, AI helps in enhancing imaging interpretation, improving testing methodologies, triage, and helps in medical decision-making during emergency conditions. Thus, the developments in AI associated with emergency medications is playing a crucial role in shaping the industrial landscape.
| Report Coverage | Details |
| Market Size | US$ 108.4 Billion by 2032 |
| Growth Rate | CAGR of 9.30% from 2023 to 2032 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Transport Vehicle, Services, Equipement, Region |
| Companies Mentioned | Acadian Ambulance Service, America Ambulance Services Inc., Air Medical Group Holdings Inc., Air Methods Corporation, BVG India Ltd., Envision Healthcare, Falck Denmark A/S, MEDIVIC Aviation, London Ambulance Services NHS Trust, Ziqitza Healthcare Ltd. |
The rising incidences of trauma in different countries has increased the application of emergency medical services that in turn increases the demand for ambulance services, thereby driving the market expansion. Also, numerous government initiatives aimed at enhancing trauma care along with technological advancements in trauma care sector is playing a significant role in positively impacting the industry. Moreover, the rise in number of multi-specialty ambulances for quick diagnosis and treatment of trauma along with rapid developments in healthcare sector is expected to drive the growth of the ambulance services market.
The ambulance services market encounters several restrains. Firstly, the cost of maintaining ambulances is growing rapidly due to rising prices of spare parts and services. Secondly, the decrease in the number of skilled professionals involved in ambulance handling is creating havoc in the industry. Thus, the above-mentioned factors in likely to hamper the growth of the ambulance services market.
There are numerous companies that are continuously involved in developing autonomous ambulances to enhance the emergency medical operations. The advancements in autonomous technology will allow ambulance providers to cater large number of consumers in less time. Also, the growing emphasis on ambulance drones by medical companies has gained traction in recent times. Thus, the advancements in autonomous ambulances is expected to create numerous growth opportunities for the market players in the upcoming days.
The ground ambulance segment dominated the ambulance services market in 2024. The ground ambulance is a vehicle that is maintained, equipped, and properly authorized to transport patients through road to their destination, such as hospitals with resources. These ambulances are integrated with modern technologies for treating emergency patients during the time of travelling.
The air ambulance segment is fastest growing segment of the ambulance services market in 2024. Air ambulance services are typically employed to evacuate and rescue critically ill or injured patients, with patient transfers from hospitals or healthcare facilities being less common. These ambulances are generally used by military and defense sector for carrying soldiers from warfare zones.
The emergency services segment dominated the ambulance services market in 2022. During the forecast period, this segment is expected to increase at a rapid pace. The prevalence of cardiovascular disorders such as cardiac arrest, heart failure, stroke, and increased cases of coronavirus pandemic all over the world are all contributing to the expansion of the emergency services segment.
The non-emergency services segment, on the other hand, is predicted to develop at a rapid rate over the projection period. The non-emergency services are those which are already planned or taken appointment by doctors or healthcare service providers.
In 2022, the advance life support(ALS) segment dominated the ambulance services market. due to increased awareness of life support services, a high incidence of cardiovascular illnesses, and an increase in technologically advanced equipment and qualified personnel, the segment is predicted to grow rapidly.
The basic life support (BLS) segment, on the other hand, is predicted to develop at the quickest rate in the future years. A typical basic life support ambulance will have the most up to date medical equipment, such as an automatic external defibrillator, pulse oximetry, blood pressure monitoring equipment, and oxygen delivery services, as well as nurses to assist patients who are not physically or emotionally fit.
The government segment held the highest share of the market. The rise in number of government initiatives aimed at launching various ambulance services has driven the market growth. Also, the increased investment by government of several countries such as India, US, China, Israel and some others for developing ambulance services is shaping the industrial landscape. Moreover, numerous collaborations among government of different countries for providing superior ambulance services is expected to propel the growth of the ambulance services market.
The private segment is anticipated to rise with the highest CAGR during the forecast period. The growing number of companies dealing with ambulance services is driving the market expansion. Also, the increasing emphasis by private companies on delivering superior ambulance services is positively impacting industrial growth. Moreover, the rise in number of partnerships among private ambulance service providers and private hospitals is projected to foster the growth of the ambulance services market.
North America dominated the ambulance services market in 2024. The presence of numerous significant market players in this region, expanding demand for high quality healthcare services, well established healthcare infrastructure, and advantageous reimbursement policies and regulatory frameworks in the healthcare industry are contributing to the growth of the ambulance services market in the North America region.
In U.S., the market players such as Acadian Ambulance, American Air Ambulance, Boston MedFlight, MedStar Health and some others are launching various advanced ambulance services that caters to the patients across this region.
Asia-Pacific is expected to develop with the fastest rate during the forecast period. The improved healthcare facilities, huge untapped market potential, and an increase in the incidence of road accidents are factors that are anticipated to propel the industry in the Asia-Pacific region. In Asia Pacific, the government of several countries such as India, China, Japan, Israel, South Korea and some others have invested significantly for developing the ambulance infrastructure that plays a positive role in shaping the industry. Moreover, the technological advancements in healthcare industry coupled with rise in number of ambulance service providers such as Asia Air Ambulance, Bluedot Air Ambulance, ARMS India and some others is playing a crucial role in shaping the industry in a positive way.
The ambulance services market is relatively fragmented, with a few large-scale worldwide firms and several small-scale regional competitors. They have long term contracts with medical care organizations around the world and are forming strategic alliances and collaborations with other companies in different countries to expand their business. The significant market innovations will also fuel the global industry’s growth. To strengthen their position in the ambulance services market, major firms use strategies such as collaborations, mergers, acquisitions, and the development of new products. To create technologically improved products, key market players are heavily spending in research and development activities.
Segments Covered in the Report
By Transport Vehicle
By Services
By Equipment
By Operating Type
By Geography
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