According to MarkNtel Advisors study the Global Ambulance Services Market size is expected to be valued at around USD 68 billion by 2030 and is estimated to grow at a CAGR of about 8.7% during the forecast period, i.e., 2024-30.

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Key Findings of the Study: Ambulance Services market

Global Ambulance Services Market Driver:

Surge in Accident Rates to Amplify Global Ambulance Services Market Growth – Increased use of commercial and personal vehicles has resulted in a sharp rise in the number of accidents, necessitating immediate hospital visits for medical care and assistance. As a result, patients rely on ambulance services to get to and from healthcare facilities. The US is one of the busiest countries in the world in terms of road traffic accidents, with approximately 10 million such incidents occurring each year. Hence, this spike in the number of accidents is expected to drive the ambulance services market during the estimated period.

Global Ambulance Services Market Challenge:

Growing Workload & Resource Constraints to Negatively Affect the Market – The growing demand for ambulance services, caused by an aging population, rising chronic illnesses, and expanding urbanization, is putting a strain on available resources. This pressure may result in longer response times, delayed patient care, and increased stress among ambulance personnel, ultimately limiting the Ambulance Services Market's growth potential. Furthermore, the difficulty in recruiting & retaining skilled ambulance personnel stems from the demanding nature of the job, lower remuneration, and limited opportunities for career advancement, also aids in impeding market expansion.

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Scope of the Report and Ambulance Services Market Segmentation:

By Mode of Transportation

  • Air Ambulance- Market Size & Forecast 2019-2030, USD Million
  • Ground Ambulance- Market Size & Forecast 2019-2030, USD Million
  • Water Ambulance - Market Size & Forecast 2019-2030, USD Million

The Ground Ambulance segment emerged as the leading mode of transport in the Ambulance Services Market, commanding the largest revenue share in 2023. 

By Service

  • Emergency Medical Services- Market Size & Forecast 2019-2030F, USD Million
  • Non-Emergency Medical Services- Market Size & Forecast 2019-2030F, USD Million

By Equipment

  • Advance Life Support (ALS) Ambulance Services- Market Size & Forecast 2019-2030F, USD Million
  • Basic Life Support (BLS) Ambulance Services- Market Size & Forecast 2019-2030F, USD Million

By Payer

  • Public-Market Size & Forecast 2019-2030F, USD Million
  • Private- Market Size & Forecast 2019-2030F, USD Million

By End User

  • Hospitals-Market Size & Forecast 2019-2030F, USD Million
  • Nursing Homes- Market Size & Forecast 2019-2030F, USD Million
  • Home Healthcare Settings- Market Size & Forecast 2019-2030F, USD Million

Ambulance Services Market Competitive Landscape

  • Acadian Ambulance Service
  • BVG
  • America Ambulance Service
  • Falck A/S
  • Air Methods
  • Ziqitza Healthcare Limited
  • Harmonie Ambulance
  • Aeromedevac
  • SHM Shipcare
  • Gama Aviation Plc
  • Medivic Pharmaceutical Pvt Ltd
  • MetroAtlanta Ambulance Service
  • London Ambulance Service NHS Trust
  • Fresenius Medical Care Ltd.
  • MedTrans Corporation
  • Others

Ambulance Services Market Development:

  • June 2022: Care4Parents, a platform providing eldercare services in India, joined forces with Dial4242 Ambulance service. Through this collaboration, Care4Parents users can swiftly book an ambulance within seconds, ensuring the round-the-clock availability of this service (24X7).
  • 2022: Acadian Ambulance Service extended its operations to Nashville and acquired the operational assets of MedicOne Medical Response in Tennessee, Mississippi, and Texas.

Geographical Analysis:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

North America to dominate the Ambulance Services Market.

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