North America Ambulance Services Market Size & Outlook
North America ambulance services market, 2018-2030 (US$M)
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North America ambulance services market highlights
- The North America ambulance services market generated a revenue of USD 20,668.0 million in 2023.
- The market is expected to grow at a CAGR of 10.1% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 20,668.0 million |
| Market revenue in 2030 | USD 40,648.7 million |
| Growth rate | 10.1% (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, North America region accounted for 48.3% 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.
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Ambulance Services Market Scope
Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America ambulance services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ambulance services market will help companies and investors design strategic landscapes.
Ground ambulance was the largest segment with a revenue share of 65.05% in 2023. Horizon Databook has segmented the North America ambulance services market based on ground ambulance, air ambulance, water ambulance covering the revenue growth of each sub-segment from 2018 to 2030.
North America held the largest share of the ambulance services market in 2021. The largest share held by the market can be attributed to factors such as the presence of several key market players in this region, growing demand for high-quality healthcare services, and well-established healthcare infrastructure.
Emphasis of the U.S. healthcare system on quality of care and value-based services has led to a favorable environment for the ambulance services market. Furthermore, favorable reimbursement policies & regulatory reforms are projected to drive the entire market.
For instance, in the U.S., Medicare covers both nonemergency and emergency ambulance services, provided they are considered medically critical, and the provider fulfills Medicare ambulance regulations. In addition, the emergence of community paramedicine in North America has also contributed to the large market size of this region.
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Our clientele includes a mix of ambulance services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ambulance services market , including forecasts for subscribers. This continent databook contains high-level insights into North America ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America ambulance services market size, by country, 2018-2030 (US$M)
North America Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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