Ambulance Services Market Growth Opportunities and Forecast till 2030
The Global Ambulance Services Market Size valued for USD 26.9 Billion in 2021 and is anticipated to reach USD 40.7 Billion by 2030 with a CAGR of 4.8% from 2022 to 2030.
Prehospital medical treatment or an emergency response can both be used to describe ambulance services. An ambulance is the best option when someone needs medical attention, especially after hours because it keeps a continuous line with the hospital facilities. The worldwide pathogen range has changed, causing additional illnesses to spread, mostly through vector bone. Because of climate change, these illnesses have become more severe over time. As a result, over the past few decades, there has been a dramatic rise in medical conditions. For aeons, rapid urbanization and shifting land-use patterns have been major contributing factors. As a result, society's actions gradually encouraged people to lead inactive lives. Costly long-term health issues resulted from this.
Parameter |
Ambulance Services Market |
Ambulance Services Market Size in 2021 |
US$ 26.9 Billion |
Ambulance Services Market Forecast By 2030 |
US$ 40.7 Billion |
Ambulance Services Market CAGR During 2022 – 2030 |
4.8% |
Ambulance Services Market Analysis Period |
2018 - 2030 |
Ambulance Services Market Base Year |
2021 |
Ambulance Services Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Mode of Transportation, By Service, By Payers, By End-User, and By Region |
Ambulance Services Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Acadian Ambulance Service, BVG India Limited, America Ambulance Services, Falck Danmark, Air Methods, Ziqitza Health Care, Harmonie Ambulance, Babcock Scandinavian AirAmbulance, Aeromedevac, and SHM Shipcare. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Ambulance Services Market Dynamics
At each hospital and private EMS, ambulance operational centers have been established. In order to provide patients with prompt medical attention, these operating centers are equipped with sufficient ambulance transportation services. Contrary to hospital ambulance transportation services, which are largely used for emergency requirements, private ambulance transportation services show a constant climb in the growth curve each year while providing non-emergency services.
Non-emergency practices include moving patients from one hospital to another, transporting patients to the appropriate locations for any scans or laboratory work, and allowing patients with mobility issues to travel in regular vehicles to hospitals for treatment.
Emergency ambulance services typically come with the necessary medical tools and paramedics. In order to meet the demands of patients who require rapid medical care, non-emergency ambulance transportation services are occasionally also outfitted with certain basic medical tools and paramedical personnel.
During emergencies, prehospital medical care and patient transport are successfully provided by ambulance and paramedic services. It is possible to reduce the severity of harm done to the patient's health thanks to ambulance services. In dangerous and demanding situations, successful patient assessment, management, and transfer are made possible by ambulance equipment and the paramedics' expertise. Paramedics can perform all of the services that different medical professionals can individually and separately at once. Because ambulances and hospitals are in continual communication, it is feasible to guarantee that patients receive the best care, counsel, and treatment in the shortest amount of time. Additionally, using their services, it is simple to obtain medical care after hours, particularly at night. Through its communications infrastructure, ambulance services also play a significant part in marketing and supporting telephone health services.
Ambulance Services Market Insights
The ambulance services market is divided into mode of transportation, service, payer, and end-user. Based on the mode of transportation, the market is divided into air ambulance, ground ambulance, and water ambulance. The Service segment is further divided into emergency medical services and non-emergency medical services. Public and private are the two payers considered in the market. Furthermore, the end-user segment is further categorized into hospitals, nursing homes, and home healthcare settings.
Global Ambulance Services Market Geographical Competition
The North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa regions make up the five geographical segments of the global ambulance services market. A large portion of the market's revenue is anticipated to come from North America because of the region's advanced healthcare industry. Additionally, factors that are anticipated to boost the expansion of the target market include the rising number of people suffering from chronic illnesses and the availability of attractive reimbursement policies. A number of factors are anticipated to have an impact on the growth of the target market, including how major companies handle strategic partnerships and agreements in order to improve their commercial presence and the introduction of sophisticated ambulance from manufacturers.
Global Ambulance Services Industry Segment Analysis
Ambulance Services Market By Mode of Transportation
· Air Ambulance
· Ground Ambulance
· Water Ambulance
Ambulance Services Market By Service
· Emergency Medical Services
· Non-Emergency Medical Services
Ambulance Services Market By Payers
· Public
· Private
Ambulance Services Market By End-User
· Hospitals
· Nursing Homes
Ambulance Services Market Leading Companies
This section of the study honors the market's top vendors Acadian Ambulance Service, BVG India Limited, America Ambulance Services, Falck Danmark, Air Methods, Ziqitza Health Care, Harmonie Ambulance, Babcock Scandinavian AirAmbulance, Aeromedevac, and SHM Shipcare.
Ambulance Services Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa