Ambulance Services Market Size, Share & Growth Report | 2031
Ambulance Services Market Size, Share & Growth Report | 2031
Segments - Ambulance Services Market by Types (Emergency Services and Non-emergency Services), Modes of Transport (Ground Ambulance, Air Ambulance, and Water Ambulance), Equipment (Basic Life Support Ambulance Services and Advanced Life Support Ambulance Services), End-users (Hospitals, Home Healthcare, Nursing Homes, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030
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| Report ID :HC-4377
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| 166 Pages
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Report Description
The global ambulance services market size was valued at around USD 42.3 billion in 2021 and is expected to reach USD 95 billion by 2030, expanding at a CAGR of around 9.8% during the forecast period, 2022 – 2030. The growth of the market is attributed to the increasing number of people suffering from chronic diseases and the growing geriatric population.
The word ambulance is derived from the Latin word ambulare, which means to walk or to move about. Ambulances were first used by armed forces in Spain during the siege of Málaga in 1487 as an emergency transport. An ambulance refers to a vehicle outfitted with medical devices, which transports patients in need of urgent medical attention to treatment facilities such as hospitals.
Ambulance services, also referred to as emergency medical services or paramedic services, are transport services that provide emergency treatments and stabilization for serious injuries and illness, before transporting patients to healthcare facilities such as hospitals. Ambulance services are usually summoned by contacting an emergency telephone number. The emergency telephone number connects to an ambulance service facility, which then dispatches an ambulance to assist a patient in need of urgent medical care. Ambulance services operate rescue squads and non-emergency patient transport as well. They are equipped with sirens and flashing lights to aid them in navigating through traffic to reach the patients in time. Ambulance services played a major role in the COVID-19 pandemic situation, due to the rising number of patients in need for emergency medical assistance
Market Trends, Drivers, Restraints, and Opportunities
- Increasing number of road accidents is expected to drive the market during the forecast period.
- Growing medical tourism in developing countries boosts the market.
- Rising number of chronic diseases is estimated to fuel the market in the coming years.
- Increasing geriatric population across the globe spur the market.
- Favorable insurance policies for patients increase the demand for ambulance services, which drives the market.
- Lack of trained medical staff and shortage of ambulances are anticipated to hinder the growth of the market during the forecast period.
- Rising demand for highly equipped ambulances offers growth opportunities for the market players.
Scope of the Report
The report on the global ambulance services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Ambulance Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2021 |
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Historic Data |
2019–2020 |
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Forecast Period |
2022–2030 |
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Segmentation |
Types (Emergency Services and Non-emergency Services), Modes of Transport (Ground Ambulance, Air Ambulance, and Water Ambulance), Equipment (Basic Life Support Ambulance Services and Advanced Life Support Ambulance Services), and End-users (Hospitals, Home Healthcare, Nursing Homes, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
BVG India Limited; Envision Healthcare Corporation; Medivic Pharmaceutical Pvt., Ltd.; Ziqitza HealthCare Limited; Falck A/S; Acadian Ambulance Service; Babcock International Group PLC; American Ambulance Service, Inc.; Harmonie Ambulance; Air Methods Corporation; Advatech Healthcare Europe; and Others |
Market Segment Insights
Emergency services segment dominates the market
Based on types, the market is bifurcated into emergency services and non-emergency services. The emergency services segment registered a large revenue share in 2021. The segment is expected to hold a key share in the market during the forecast period, owing to the growing prevalence of cardiovascular diseases such as stroke, cardiac arrest, congestive heart failure, and others. Rising cases of COVID-19 cases and the growing geriatric population around the globe aid in the expansion of the segment.
Air ambulance segment holds a significant market share
In terms of modes of transport, the market is divided into ground ambulance, air ambulance, and water ambulance. The air ambulance segment is anticipated to register a high CAGR during the forecast period, due to the flexibility, convenience, and safety of the air ambulances. The increasing burden of chronic diseases and other emergencies boosts the air ambulance segment. In September 2020, the International Critical Air Transfer Team (ICATT) and Kyathi, an India-based aviation technology firm, launched the first air ambulance services in the country in Karnataka, India. The ground ambulance segment is projected to hold a significant market share during the forecast period, as ground ambulances are cost-effective, accessible, available, and a common mode of transporting patients.
Advanced life support ambulance services segment holds a key market share
On the basis of equipment, the market is segregated into basic life support ambulance services and advanced life support ambulance services. The advanced life support ambulance services segment is estimated to dominate the market during the forecast period, due to the rising number of people suffering from cardiac arrest. Patients suffering from COVID-19 need continuous access to ventilators. Patients suffering from chronic diseases need continuous cardiac monitoring. The advanced life support ambulance services provide cardiac monitoring and ventilator support, which aid in the expansion of the segment. The basic life support ambulance services segment is anticipated to register a significant CAGR in the coming years, due to the increasing number of people suffering from acute illnesses such as bronchitis, heart attacks, asthma attacks, pneumonia, and others.
Nursing homes segment registers a significant CAGR
In terms of end-users, the market is divided into hospitals, home healthcare, nursing homes, and others. The nursing homes segment accounted for more than 11% of the market share in 2019. The segment is estimated to expand at a rapid pace during the forecast period, due to the rising geriatric population and increasing healthcare expenditure for nursing homes in developing countries.
North America dominates the market
Based on regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to register a high CAGR during the forecast period, due to the increasing presence of several key players in the region. Growing improved healthcare infrastructures, rising demand for quality healthcare, and favorable insurance policies in the region. The market in Asia Pacific is anticipated to register a 4% of CAGR during the forecast period, owing to the increasing prevalence of chronic diseases in countries such as China and India.
Segments
The global ambulance services market has been segmented on the basis ofTypes
- Emergency Services
- Non-emergency Services
- Ground Ambulance
- Air Ambulance
- Water Ambulance
- Basic Life Support Ambulance Services
- Advanced Life Support Ambulance Services
- Hospitals
- Home Healthcare
- Nursing Homes
- Others
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- BVG India Limited
- Envision Healthcare Corporation
- Medivic Pharmaceutical Pvt., Ltd.
- Ziqitza HealthCare Limited
- Falck A/S
- Acadian Ambulance Service
- Babcock International Group PLC
- American Ambulance Service, Inc.
- Harmonie Ambulance
- Air Methods Corporation
- Advatech Healthcare Europe
- Others
Competitive Landscape
The global ambulance services market is fragmented with the presence of key players such as BVG India Limited; Envision Healthcare Corporation; Medivic Pharmaceutical Pvt., Ltd.; Ziqitza HealthCare Limited; Falck A/S; Acadian Ambulance Service; Babcock International Group PLC; American Ambulance Service, Inc.; Harmonie Ambulance; Air Methods Corporation; Advatech Healthcare Europe; and others. They use strategies such as mergers, partnerships, acquisitions, collaborations, and product launches to strengthen their hold on the market. For example, in October 2020, Advatech Healthcare Europe, a London-based healthcare facilitator and medical transporter, launched HIPPO Mobility, which is a technology-driven and cost-effective transportation service for elderly, disabled, and non-emergency patients. In April 2021, Babcock International Group PLC was awarded a contract to provide jet air ambulance service to the rescEU scheme, in which the company will provide aircraft maintenance, personnel training, and jet air ambulance services across the European Union.
Frequently Asked Questions
BVG India Limited; Envision Healthcare Corporation; Medivic Pharmaceutical Pvt., Ltd.; Ziqitza HealthCare Limited; Falck A/S; Acadian Ambulance Service; and Babcock International Group PLC are some of the key players in the global ambulance services market.
North America dominates the global ambulance services market.
An ambulance refers to a vehicle equipped with medical devices, which transports patients from their houses to treatment facilities such as hospitals.
The global ambulance services market size was valued at around USD 42.3 billion in 2021 and is anticipated to reach around USD 95 billion by 2030.
The global ambulance services market is estimated to register a CAGR of around 9.8% during the forecast period.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Ambulance Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ambulance Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ambulance Services Market - Supply Chain
4.5. Global Ambulance Services Market Forecast
4.5.1. Ambulance Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ambulance Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Ambulance Services Market Absolute $ Opportunity
5. Global Ambulance Services Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Ambulance Services Market Size and Volume Forecast by Types
5.3.1. Emergency Services
5.3.2. Non-emergency Services
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Ambulance Services Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Ambulance Services Market Size and Volume Forecast by End Users
6.3.1. Hospitals
6.3.2. Home Healthcare
6.3.3. Nursing Homes
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Ambulance Services Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Ambulance Services Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Ambulance Services Demand Share Forecast, 2019-2026
8. North America Ambulance Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Ambulance Services Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Ambulance Services Market Size and Volume Forecast by Types
8.4.1. Emergency Services
8.4.2. Non-emergency Services
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Ambulance Services Market Size and Volume Forecast by End Users
8.7.1. Hospitals
8.7.2. Home Healthcare
8.7.3. Nursing Homes
8.7.4. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Ambulance Services Demand Share Forecast, 2019-2026
9. Latin America Ambulance Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Ambulance Services Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Ambulance Services Market Size and Volume Forecast by Types
9.4.1. Emergency Services
9.4.2. Non-emergency Services
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Ambulance Services Market Size and Volume Forecast by End Users
9.7.1. Hospitals
9.7.2. Home Healthcare
9.7.3. Nursing Homes
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Ambulance Services Demand Share Forecast, 2019-2026
10. Europe Ambulance Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Ambulance Services Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Ambulance Services Market Size and Volume Forecast by Types
10.4.1. Emergency Services
10.4.2. Non-emergency Services
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Ambulance Services Market Size and Volume Forecast by End Users
10.7.1. Hospitals
10.7.2. Home Healthcare
10.7.3. Nursing Homes
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Ambulance Services Demand Share Forecast, 2019-2026
11. Asia Pacific Ambulance Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Ambulance Services Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Ambulance Services Market Size and Volume Forecast by Types
11.4.1. Emergency Services
11.4.2. Non-emergency Services
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Ambulance Services Market Size and Volume Forecast by End Users
11.7.1. Hospitals
11.7.2. Home Healthcare
11.7.3. Nursing Homes
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Ambulance Services Demand Share Forecast, 2019-2026
12. Middle East & Africa Ambulance Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Ambulance Services Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Ambulance Services Market Size and Volume Forecast by Types
12.4.1. Emergency Services
12.4.2. Non-emergency Services
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Ambulance Services Market Size and Volume Forecast by End Users
12.7.1. Hospitals
12.7.2. Home Healthcare
12.7.3. Nursing Homes
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Ambulance Services Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Ambulance Services Market: Market Share Analysis
13.2. Ambulance Services Distributors and Customers
13.3. Ambulance Services Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. BVG India Limited
13.4.2. Envision Healthcare Corporation
13.4.3. Medivic Pharmaceutical Pvt., Ltd.
13.4.4. Ziqitza HealthCare Limited
13.4.5. Falck A/S
13.4.6. Acadian Ambulance Service
13.4.7. Babcock International Group PLC
13.4.8. American Ambulance Service, Inc.
13.4.9. Harmonie Ambulance
13.4.10. Air Methods Corporation
Methodology
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