Emergency Ambulance Vehicles Market By Transport Vehicle Outlook (Ground Ambulance, Air Ambulance, Water Ambulance) , By Emergency Service Outlook, (Emergency Service, Non-emergency Service) By Equipment Outlook (Advance life support, Basic life support) : Global Opportunity Analysis and Industry Forecast, 2024-2033
The emergency ambulance market was valued at $43.78 billion in 2022 and is estimated to reach $108.4 billion by 2032, exhibiting a CAGR of 9.3% from 2023 to 2032.
An emergency ambulance is a specialized vehicle utilized for transporting patients to medical facilities and necessary supplies in times of emergencies. It serves as a critical medium to deliver primary medical attention and is stocked with vital equipment to help stabilize patients. During situations such as accidents, natural disasters, and medical emergencies, ambulances are required for delivering life-saving aid. They have a crucial function in emergency medical services as they promptly respond to 911 calls, accidents, medical emergencies, and other urgent situations requiring immediate medical assistance.
The growing need for urgent medical assistance, influenced by factors such as aging population, urbanization, and increase in long-term illnesses, highlights the crucial function of emergency ambulances in delivering rapid and life-saving medical aid to individuals requiring help. In March 2023, the Gujarat Health Minister introduced a mobile application for 108 GVK emergency ambulance services in Gandhinagar. This application is accessible on both iOS and Android platforms, with the objective of enabling users to choose the closest ambulance and request its presence at an emergency site.
Surge in road accidents has resulted in a higher need for emergency ambulances. As per the World Health Organization's report, approximately 1.19 million road traffic deaths took place globally in 2021, corresponding to a rate of 15 road traffic deaths per 100,000 people. The demand for emergency ambulance services is increasing due to rise in necessity for prompt emergency assistance in such critical situations. Contrarily, the emergency ambulance industry faces a potential risk due to the inconvenience encountered during long distances. However, to overcome this challenge, the Ruby Hall Clinic in Pune launched the First Responder Bike Ambulance in April 2024. This emergency medical service is expected to be equipped with necessary supplies, GPS tracking, and is expected to follow international urgent care protocols. The deployment of this service is set to begin by the end of May 2024, covering Pune city and its surrounding areas.
Segmentation OverviewThe emergency ambulance market is segmented into transport vehicle outlook, emergency service outlook, equipment outlook, and region. By technology vehicle outlook, the market is classified into ground ambulance, air ambulance, and water ambulance. As per emergency service outlook, it is segregated into emergency service and non-emergency service. Depending on equipment outlook, the market is bifurcated into advance life support and basic life support. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Key FindingsBy transport vehicle outlook, the ground ambulance segment held the largest market share in 2023.
Depending on emergency service outlook, the emergency service segment acquired the leading position in 2023.
As per equipment outlook, the advance life support (ALS) segment gained the maximum market share in 2023.
Region-wise, Asia-Pacific dominated the emergency ambulance market in 2023.
Competitive AnalysisThe major players operating in the emergency ambulance market include Acadian Ambulance Service, Air Methods Corporation, America Ambulance Service, Inc., Babcock International Group PLC, BVG, Falck A/S, Global Medical Response, London Ambulance Service NHS Trust, MEDIVIC PHARMACEUTICAL PVT LTD., and Ziqitza Healthcare Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the emergency ambulance market.
Key Market SegmentsBy Transport Vehicle OutlookGround Ambulance
Air Ambulance
Water Ambulance
By Emergency Service Outlook,Emergency Service
Non-emergency Service
By Equipment OutlookAdvance life support
Basic life support
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market Players
Acadian Ambulance Service
Air Methods Corporation
America Ambulance Service, Inc.
Babcock International Group Plc
BVG India Limited
Falck A/S
Global Medical Response
London Ambulance Service NHS Trust
MEDIVIC PHARMACEUTICAL PVT LTD.
Ziqitza HealthCare Ltd