Colombia Ambulance Services Market Size & Outlook
Colombia ambulance services market, 2018-2030 (US$M)
Related Markets
Colombia ambulance services market highlights
- The Colombia ambulance services market generated a revenue of USD 237.4 million in 2023 and is expected to reach USD 415.5 million by 2030.
- The Colombia market is expected to grow at a CAGR of 8.3% 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.
Ambulance services market data book summary
| Market revenue in 2023 | USD 237.4 million |
| Market revenue in 2030 | USD 415.5 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Ground ambulance |
| Fastest growing segment | Air Ambulance |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Colombia accounted for 0.6% of the global ambulance services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ambulance services market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 415.5 million by 2030.
Ground ambulance was the largest segment with a revenue share of 96.55% in 2023. Horizon Databook has segmented the Colombia ambulance services market based on ground ambulance, air ambulance, water ambulance covering the revenue growth of each sub-segment from 2018 to 2030.
Colombia has a comprehensive healthcare system, with public and private healthcare facilities located throughout the country. The public healthcare system is operated by the government and is available to all citizens & legal residents. The public healthcare system in Colombia is divided into three levels: primary, secondary, and tertiary care.
Primary care services are available at local health centers and are the first point of contact for patients. Secondary care services are provided by general hospitals and specialized clinics, while tertiary care services are offered by highly specialized hospitals.
The ambulance services in the country are equipped with advanced medical technology, including Electrocardiogram (ECG) machines, defibrillators, and other life-saving equipment. In recent years, Colombia has made significant progress in integrating technology into its ambulance services.
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Ambulance Services Market Scope
Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia ambulance services market size, by transport vehicle, 2018-2030 (US$M)
Colombia Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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