The ambulance services market size has grown strongly in recent years. It will grow from $73.83 billion in 2023 to $80.04 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth observed during the historical period in ambulance services can be attributed to factors such as the increasing demand for emergency medical services, urbanization trends leading to higher population density, government regulations and standards governing emergency medical services, the influence of health insurance coverage, and efforts focused on public awareness and education regarding the importance of timely medical assistance.
The ambulance services market size is expected to see strong growth in the next few years. It will grow to $101.49 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the forecast period for ambulance services can be attributed to factors such as population aging, the increasing focus on pandemic preparedness, the implementation of community paramedicine programs, integration with mobile health apps, and the growing impact of climate change and natural disasters. Major trends expected in the forecast period encompass the use of data analytics for resource allocation, the integration of technology into emergency medical services, the incorporation of telemedicine, the provision of specialized ambulance services, the adoption of data-driven decision-making approaches, and increased community collaboration for emergency response.
Transformations in lifestyles and an increase in sedentary jobs are reshaping the disease profile of the global population, necessitating the demand for ambulance services. For example, data from the Centers for Disease Control and Prevention (CDC) in May 2023 reveals that over 356,000 people experience out-of-hospital cardiac arrests in the United States annually, with 60% to 80% facing fatalities before reaching the hospital. The surge in cardiac arrests due to lifestyle changes propels the need for ambulance services.
The growth of the ambulance services market is anticipated to be driven by a mounting number of road accidents. Road accidents, involving vehicle collisions and resulting in damage and injuries, necessitate immediate medical response and transport provided by ambulance services. For instance, statistics from the National Highway Traffic Safety Administration in August 2022 indicate a 7% rise in motor vehicle traffic crash-related deaths, with an estimated 9,560 fatalities in the first quarter of 2022 compared to the same period in 2021. Consequently, the escalating number of road accidents fuels the expansion of the ambulance services market.
Despite the demand for ambulance services, the increasing provision of subsidized or free healthcare services by federal and state governments poses a restraint on the healthcare services market. The availability of quality healthcare services at reduced or no cost leads patients to opt for government healthcare services, limiting opportunities for private healthcare service providers. An example is the National Health Service (NHS) in the UK, offering free healthcare services to all legal residents and visitors, indicating a potential impediment to the healthcare services market.
Electronic Health Records (EHRs) facilitate the digitalization of patient information, including medical history, diagnoses, medications, treatment plans, immunization dates, allergies, and test results. The adoption of EHRs by medical practitioners and healthcare centers enhances practice management, improves diagnostic and treatment outcomes, and contributes to cost savings. This digitalization trend is instrumental in shaping the landscape of modern healthcare services.
Major companies in the ambulance services market are emphasizing the introduction of innovative solutions such as 5G ambulance services. This healthcare initiative utilizes fifth-generation (5G) wireless technology to elevate patient diagnosis, treatment, and care during transportation. For instance, Zenzo, an India-based healthcare provider, launched its pioneering 5G ambulance service in Mumbai in August 2023. Equipped with advanced medical tools and telemetry devices, the 5G ambulance introduces a new era of real-time data collection and analysis, setting a groundbreaking standard for pre-hospital care in India and globally.
Major companies operating in the ambulance services market report are Fresenius Medical Care AG & Co. KGaA, Providence Service Corporation, Alia MedFlight, Babcock International Group PLC, Falck AS, Air Methods Corporation, American Medical Response Inc., Global Medical Response, Acadian Ambulance Service Inc., Boston MedFlight, Cataldo Ambulance Service, Care Ambulance Service, National Health Service England, Life EMS Ambulance, Medivic Aviation, Air Ambulance Worldwide, AirLink Critical Care Transport, AirMed International, AirMedCare Network, AirXpress, Allina Health Emergency Medical Services, Ambulance Service Company, Ambulnz, Apollo MedFlight, Arizona Ambulance Transport, ATS Medical Services, Bell Ambulance, Community Ambulance, Critical Care Medflight, Orange County Fire Rescue.
Western Europe was the largest region in the ambulance services market in 2023. North America was the second largest region in the ambulance services market. Africa was the smallest region in the ambulance services market. The regions covered in the ambulance services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ambulance services market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
The primary types of ambulance services include ground ambulance services, air ambulance services, and water ambulance services. An air ambulance is a specially designed helicopter or fixed-wing aircraft used to transport injured or sick individuals during medical emergencies, especially over long distances or challenging terrains. Ambulance services can be owned either as part of a chain or as standalone entities, and expenditures may be categorized as either public or private. These services are utilized by both men and women.
The ambulance services market research report is one of a series of new reports that provides ambulance services market statistics, including ambulance services industry global market size, regional shares, competitors with an ambulance services market share, detailed ambulance services market segments, market trends and opportunities, and any further data you may need to thrive in the ambulance services industry. This ambulance services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ambulance services market includes revenues earned by entities by providing mortuary ambulance, basic ambulance, advanced ambulance, and neonatal ambulance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The ambulance services market size is expected to see strong growth in the next few years. It will grow to $101.49 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the forecast period for ambulance services can be attributed to factors such as population aging, the increasing focus on pandemic preparedness, the implementation of community paramedicine programs, integration with mobile health apps, and the growing impact of climate change and natural disasters. Major trends expected in the forecast period encompass the use of data analytics for resource allocation, the integration of technology into emergency medical services, the incorporation of telemedicine, the provision of specialized ambulance services, the adoption of data-driven decision-making approaches, and increased community collaboration for emergency response.
Transformations in lifestyles and an increase in sedentary jobs are reshaping the disease profile of the global population, necessitating the demand for ambulance services. For example, data from the Centers for Disease Control and Prevention (CDC) in May 2023 reveals that over 356,000 people experience out-of-hospital cardiac arrests in the United States annually, with 60% to 80% facing fatalities before reaching the hospital. The surge in cardiac arrests due to lifestyle changes propels the need for ambulance services.
The growth of the ambulance services market is anticipated to be driven by a mounting number of road accidents. Road accidents, involving vehicle collisions and resulting in damage and injuries, necessitate immediate medical response and transport provided by ambulance services. For instance, statistics from the National Highway Traffic Safety Administration in August 2022 indicate a 7% rise in motor vehicle traffic crash-related deaths, with an estimated 9,560 fatalities in the first quarter of 2022 compared to the same period in 2021. Consequently, the escalating number of road accidents fuels the expansion of the ambulance services market.
Despite the demand for ambulance services, the increasing provision of subsidized or free healthcare services by federal and state governments poses a restraint on the healthcare services market. The availability of quality healthcare services at reduced or no cost leads patients to opt for government healthcare services, limiting opportunities for private healthcare service providers. An example is the National Health Service (NHS) in the UK, offering free healthcare services to all legal residents and visitors, indicating a potential impediment to the healthcare services market.
Electronic Health Records (EHRs) facilitate the digitalization of patient information, including medical history, diagnoses, medications, treatment plans, immunization dates, allergies, and test results. The adoption of EHRs by medical practitioners and healthcare centers enhances practice management, improves diagnostic and treatment outcomes, and contributes to cost savings. This digitalization trend is instrumental in shaping the landscape of modern healthcare services.
Major companies in the ambulance services market are emphasizing the introduction of innovative solutions such as 5G ambulance services. This healthcare initiative utilizes fifth-generation (5G) wireless technology to elevate patient diagnosis, treatment, and care during transportation. For instance, Zenzo, an India-based healthcare provider, launched its pioneering 5G ambulance service in Mumbai in August 2023. Equipped with advanced medical tools and telemetry devices, the 5G ambulance introduces a new era of real-time data collection and analysis, setting a groundbreaking standard for pre-hospital care in India and globally.
Major companies operating in the ambulance services market report are Fresenius Medical Care AG & Co. KGaA, Providence Service Corporation, Alia MedFlight, Babcock International Group PLC, Falck AS, Air Methods Corporation, American Medical Response Inc., Global Medical Response, Acadian Ambulance Service Inc., Boston MedFlight, Cataldo Ambulance Service, Care Ambulance Service, National Health Service England, Life EMS Ambulance, Medivic Aviation, Air Ambulance Worldwide, AirLink Critical Care Transport, AirMed International, AirMedCare Network, AirXpress, Allina Health Emergency Medical Services, Ambulance Service Company, Ambulnz, Apollo MedFlight, Arizona Ambulance Transport, ATS Medical Services, Bell Ambulance, Community Ambulance, Critical Care Medflight, Orange County Fire Rescue.
Western Europe was the largest region in the ambulance services market in 2023. North America was the second largest region in the ambulance services market. Africa was the smallest region in the ambulance services market. The regions covered in the ambulance services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ambulance services market report are Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
The primary types of ambulance services include ground ambulance services, air ambulance services, and water ambulance services. An air ambulance is a specially designed helicopter or fixed-wing aircraft used to transport injured or sick individuals during medical emergencies, especially over long distances or challenging terrains. Ambulance services can be owned either as part of a chain or as standalone entities, and expenditures may be categorized as either public or private. These services are utilized by both men and women.
The ambulance services market research report is one of a series of new reports that provides ambulance services market statistics, including ambulance services industry global market size, regional shares, competitors with an ambulance services market share, detailed ambulance services market segments, market trends and opportunities, and any further data you may need to thrive in the ambulance services industry. This ambulance services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ambulance services market includes revenues earned by entities by providing mortuary ambulance, basic ambulance, advanced ambulance, and neonatal ambulance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Ambulance Services Market Characteristics4. Ambulance Services Market Trends and Strategies68. Global Ambulance Services Market Competitive Benchmarking69. Global Ambulance Services Market Competitive Dashboard70. Key Mergers and Acquisitions in the Ambulance Services Market
3. Ambulance Services Product/Service Analysis -Product/Service Examples
5. Ambulance Services Market - Macro Economic Scenario
6. Global Ambulance Services Market Size and Growth
7. Ambulance Services Market Segmentation
8. Ambulance Services Market Regional and Country Analysis
9. Asia-Pacific Ambulance Services Market
10. China Ambulance Services Market
11. India Ambulance Services Market
12. Japan Ambulance Services Market
13. Australia Ambulance Services Market
14. Indonesia Ambulance Services Market
15. South Korea Ambulance Services Market
16. Bangladesh Ambulance Services Market
17. Thailand Ambulance Services Market
18. Vietnam Ambulance Services Market
19. Malaysia Ambulance Services Market
20. Singapore Ambulance Services Market
21. Philippines Ambulance Services Market
22. Hong Kong Ambulance Services Market
23. New Zealand Ambulance Services Market
24. Western Europe Ambulance Services Market
25. UK Ambulance Services Market
26. Germany Ambulance Services Market
27. France Ambulance Services Market
28. Italy Ambulance Services Market
29. Spain Ambulance Services Market
30. Austria Ambulance Services Market
31. Belgium Ambulance Services Market
32. Denmark Ambulance Services Market
33. Finland Ambulance Services Market
34. Ireland Ambulance Services Market
35. Netherlands Ambulance Services Market
36. Norway Ambulance Services Market
37. Portugal Ambulance Services Market
38. Sweden Ambulance Services Market
39. Switzerland Ambulance Services Market
40. Eastern Europe Ambulance Services Market
41. Russia Ambulance Services Market
42. Czech Republic Ambulance Services Market
43. Poland Ambulance Services Market
44. Romania Ambulance Services Market
45. Ukraine Ambulance Services Market
46. North America Ambulance Services Market
47. USA Ambulance Services Market
48. Canada Ambulance Services Market
49. Mexico Ambulance Services Market
50. South America Ambulance Services Market
51. Brazil Ambulance Services Market
52. Chile Ambulance Services Market
53. Argentina Ambulance Services Market
54. Colombia Ambulance Services Market
55. Peru Ambulance Services Market
56. Middle East Ambulance Services Market
57. Saudi Arabia Ambulance Services Market
58. Israel Ambulance Services Market
59. Iran Ambulance Services Market
60. Turkey Ambulance Services Market
61. United Arab Emirates Ambulance Services Market
62. Africa Ambulance Services Market
63. Egypt Ambulance Services Market
64. Nigeria Ambulance Services Market
65. South Africa Ambulance Services Market
66. Ambulance Services Market Competitive Landscape and Company Profiles
67. Ambulance Services Market Other Major and Innovative Companies
71. Ambulance Services Market Future Outlook and Potential Analysis
72. Appendix
Executive Summary
Ambulance Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on ambulance services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for ambulance services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Ground Ambulance Services; Air Ambulance Services; Water Ambulance Services
2) By Type of Expenditure: Public; Private
3) By Ownership: Chained; Standalone
4) By End-user Gender: Male; Female
Key Companies Mentioned: Fresenius Medical Care AG & Co. KGaA; Providence Service Corporation; Alia MedFlight; Babcock International Group plc; Falck AS
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Fresenius Medical Care AG & Co. KGaA
- Providence Service Corporation
- Alia MedFlight
- Babcock International Group plc
- Falck AS
- Air Methods Corporation
- American Medical Response Inc.
- Global Medical Response
- Acadian Ambulance Service Inc.
- Boston MedFlight
- Cataldo Ambulance Service
- Care Ambulance Service
- National Health Service England
- Life EMS Ambulance
- Medivic Aviation
- Air Ambulance Worldwide
- AirLink Critical Care Transport
- AirMed International
- AirMedCare Network
- AirXpress
- Allina Health Emergency Medical Services
- Ambulance Service Company
- Ambulnz
- Apollo MedFlight
- Arizona Ambulance Transport
- ATS Medical Services
- Bell Ambulance
- Community Ambulance
- Critical Care Medflight
- Orange County Fire Rescue
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 350 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 80.04 Billion |
Forecasted Market Value ( USD | $ 101.49 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |