According to the latest report by IMARC Group “Ambulance Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global ambulance services market size reached US$ 49.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.89% during 2023-2028.
Ambulance services refer to the emergency medical services that enable transportation of patients to hospitals that are affected by accident, illness, or injury. They provide essential life-saving services, such as stretchers, defibrillators, spine boards, oxygen masks, cervical collars, splints, bandages, electrocardiogram (ECG) monitors, and various drugs and intravenous fluids. They are widely available as ground, air, and water ambulance services. At present, ambulance services are employed in hospitals, clinics, trauma centers, specialty care centers, and home healthcare settings across the globe.
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Market Trends:
At present, the increasing prevalence of chronic diseases, such as heart attacks, stroke, asthma, chronic obstructive pulmonary disease (COPD), and dementia, among the masses represents one of the primary factors supporting the growth of the market. Apart from this, the rising adoption of ambulance services due to the increasing number of road accidents that require immediate medical services is contributing to the market growth. In addition, the growing demand for ambulance services in natural disasters, such as earthquakes, floods, landslides, pandemics, and cyclones, is offering a positive market outlook. Additionally, the increasing demand for ambulance services to rescue people during sudden terrorist attacks is bolstering the growth of the market. Furthermore, key players are introducing highly equipped ambulances that offer high comfort and medical services to patients, which is bolstering the growth of the market.
Breakup by Transport Vehicle:
- Ground Ambulance
- Air Ambulance
- Water Ambulance
Breakup by Emergency Services:
- Emergency Services
- Non-Emergency Services
Breakup by Equipment:
- Advanced Life Support (ALS) Ambulance Services
- Basic Life Support (BLS) Ambulance Services
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Acadian Ambulance Service Inc.
- Air Methods Corporation
- America Ambulance Services Inc.
- Babcock International Group PLC
- BVG India Limited
- Dutch Health B.V.
- Falck A/S
- Global Medical Response Inc.
- London Ambulance Service NHS Trust
- Medivic Pharmaceutical PVT LTD
- Ziqitza Healthcare Limited.
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