Asia Pacific Ambulance Services Market Size & Outlook
Asia Pacific ambulance services market, 2018-2030 (US$M)
Related Markets
Asia Pacific ambulance services market highlights
- The Asia Pacific ambulance services market generated a revenue of USD 6,717.8 million in 2023.
- The market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, ground ambulance was the largest revenue generating transport vehicle in 2023.
- Air Ambulance is the most lucrative transport vehicle segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,717.8 million |
| Market revenue in 2030 | USD 15,241.0 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Ground ambulance |
| Fastest growing segment | Air Ambulance |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ground Ambulance, Air Ambulance, Water Ambulance |
| Key market players worldwide | Babcock International Group PLC, London Ambulance Service, Acadian Ambulance Service, BVG Group, Global Medical Response, Air Methods, American Ambulance Service, Falck, Ziqitza Health Care, Medivic ICU Ambulance |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.7% of the global ambulance services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,241.0 million by 2030.
Ground ambulance was the largest segment with a revenue share of 81.03% in 2023. Horizon Databook has segmented the Asia Pacific ambulance services market based on ground ambulance, air ambulance, water ambulance covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific ambulance services market is a rapidly growing market driven by the increasing demand for EMSs in the region. The Asia Pacific region is home to some of the world's most populous countries, including China and India, which have large populations in need of medical attention.
The market for ambulance services in the region is primarily driven by the rising incidence of chronic diseases, accidents, and injuries. The growing geriatric population in the region is also contributing to the demand for ambulance services, as older adults often require more medical attention.
The increasing geriatric population comes with challenges that affect all aspects of society. Furthermore, high untapped market potential, improvements in healthcare facilities, and an increase in the number of road accidents are some of the factors likely to drive growth of the Asia Pacific ambulance services market.
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Ambulance Services Market Scope
Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific ambulance services market size, by country, 2018-2030 (US$M)
Asia Pacific Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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