Ambulance Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Ambulance Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Ambulance Service Trends and Forecast

The future of the global ambulance service market looks promising with opportunities in the emergency services and non-emergency services markets. The global ambulance service market is expected to reach an estimated $77.24 billion by 2030 with a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are increasing number of accident and the introduction of the latest ambulances to provide patients with a high degree of comfort and medical care.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ambulance Service by Segment

The study includes a forecast for the global ambulance service by mode of transportation, equipment, type of service, and region.

Ambulance Service Market by Mode of Transportation [Shipment Analysis by Value from 2018 to 2030]:

• Air Ambulance
• Ground Ambulance
• Water Ambulance

Ambulance Service Market by Equipment [Shipment Analysis by Value from 2018 to 2030]:

• Basic Life Support
• Ambulance Services & Advanced Life Support
• Ambulance Services

Ambulance Service Market by Type of Service [Shipment Analysis by Value from 2018 to 2030]:

• Emergency Services
• Non-Emergency Services

Ambulance Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ambulance Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ambulance service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ambulance service companies profiled in this report include-

• A-Dec
• Babcock
• Acadian Ambulance Service
• BVG India
• Falck
• Ziqitza Healthcare
• Air Methods
• Harmonie Ambulance
• Envision Healthcare
• Medivic Aviation

Ambulance Service Market Insights

Lucintel forecasts that ground ambulance is expected to witness highest growth over the forecast period due to easier way to carry patients by road to their destination, such as hospitals with resources.

Within this market, emergency services will remain the larger segment due to increasing demand to use of a skilled medical professional such as an emergency medical technician (EMT) and immediate transport to a location, usually a hospital, where emergency medical service is available.

North America is expected to witness highest growth over the forecast period due to high prevalence of chronic diseases, the presence of several key market players in this region.

Features of the Global Ambulance Service Market

Market Size Estimates: Ambulance service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ambulance service market size by mode of transportation, equipment, type of service, and region in terms of value ($B).

Regional Analysis: Ambulance service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different mode of transportation, equipment, type of service, and regions for the ambulance service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ambulance service market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the ambulance service market size?

Answer: The global ambulance service market is expected to reach an estimated $77.24 billion by 2030.

Q.2 What is the growth forecast for ambulance service market?

Answer: The global ambulance service market is expected to grow with a CAGR of 8.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the ambulance service market?

Answer: The major drivers for this market are increasing number of accident and the introduction of the latest ambulances to provide patients with a high degree of comfort and medical care.

Q4. What are the major segments for ambulance service market?

Answer: The future of the ambulance service market looks promising with opportunities in the emergency services and Non-Emergency services markets.

Q5. Who are the key ambulance service market companies?

Answer: Some of the key ambulance service companies are as follows:

• A-Dec
• Babcock
• Acadian Ambulance Service
• BVG India
• Falck
• Ziqitza Healthcare
• Air Methods
• Harmonie Ambulance
• Envision Healthcare
• Medivic Aviation

Q6. Which ambulance service market segment will be the largest in future?

Answer: Lucintel forecasts that ground ambulance is expected to witness highest growth over the forecast period due to easier way to carry patients by road to their destination, such as hospitals with resources.

Q7. In ambulance service market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to high prevalence of chronic diseases, the presence of several key market players in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the ambulance service market by mode of transportation (air ambulance, ground ambulance, and water ambulance), equipment (basic life support, ambulance services & advanced life support, and ambulance services), type of service (emergency services and Non-Emergency services), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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