Ambulance Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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, or paramedic, services refer to the emergency medical facilities used to transport patients that require immediate attention due to an illness or accidental injury. The ambulance services are ported to the site using specialized vehicles on the ground, air and water. These services are connected and integrated with communication and transportation networks, hospitals, trauma centers, specialty care centers and rehabilitation facilities to provide optimal care to the patients. They are used for both emergency and non-emergency situations and are integrated with tools for Basic Life Support (BLS) and Advanced Life Support (ALS) for the patients.

Ambulance Services Market Trends:
Significant growth in the healthcare industry across the globe is one of the key factors creating a positive outlook for the market. Furthermore, the increasing incidents of road accidents, natural calamities and medical ailments that require immediate medical attention are providing a thrust to the market growth. As the geriatric population continues to rise, the need for ambulance services is also increasing considerably for both unscheduled and irregular non-emergency and emergency situations. Additionally, the advent of multi-specialty ambulances that are equipped with innovative tools and equipment to provide prompt and high-quality care to the patients is acting as another major growth-inducing factor. Various healthcare centers are also adopting air ambulances to transport patients with infectious diseases and critical conditions with enhanced convenience, flexibility and safety for the patient. Other factors, including the implementation of favorable government policies to promote public health, along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ambulance services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on transport vehicle, emergency services and equipment.

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

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:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Ziqitza Healthcare Limited.

Key Questions Answered in This Report:
How has the global ambulance services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global ambulance services market?
What are the key regional markets?
What is the breakup of the market based on the transport vehicle?
What is the breakup of the market based on the emergency services?
What is the breakup of the market based on the equipment?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global ambulance services market and who are the key players?
What is the degree of competition in the industry?