India Ambulance Services Market Size & Outlook, 2023-2030
India ambulance services market, 2018-2030 (US$M)
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India ambulance services market highlights
- The India ambulance services market generated a revenue of USD 889.6 million in 2023 and is expected to reach USD 1,920.4 million by 2030.
- The India market is expected to grow at a CAGR of 11.6% 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 889.6 million |
| Market revenue in 2030 | USD 1,920.4 million |
| Growth rate | 11.6% (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, India accounted for 2.1% 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 Asia Pacific, China ambulance services market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 859.6 million by 2030.
Ground ambulance was the largest segment with a revenue share of 90% in 2023. Horizon Databook has segmented the India ambulance services market based on ground ambulance, air ambulance, water ambulance covering the revenue growth of each sub-segment from 2018 to 2030.
In India, ambulance services are an essential part of the healthcare system, providing emergency medical assistance to those in need. There are various types of ambulances available in the country, including Basic Life Support (BLS) ambulances, Advanced Life Support (ALS) ambulances, and patient transport ambulances.
BLS ambulances provide basic medical care, while ALS ambulances are equipped with advanced medical equipment & trained medical professionals to handle more serious medical emergencies. Patient transport ambulances are used to transport patients who do not require emergency medical attention.
Furthermore, government-run ambulance services in India are provided by the National Ambulance Service (NAS), which operates in partnership with state governments. NAS has a fleet of over 2,000 ambulances across the country, providing EMSs to people in need. In addition to government-run ambulance services, there are many private ambulance services in India.
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Ambulance Services Market Scope
Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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India ambulance services market size, by transport vehicle, 2018-2030 (US$M)
India Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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