South Africa Ambulance Services Market Size & Outlook
South Africa ambulance services market, 2018-2030 (US$M)
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South Africa ambulance services market highlights
- The South Africa ambulance services market generated a revenue of USD 449.3 million in 2023 and is expected to reach USD 657.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.6% 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 449.3 million |
| Market revenue in 2030 | USD 657.0 million |
| Growth rate | 5.6% (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, South Africa accounted for 1.1% 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 Middle East & Africa, South Africa ambulance services market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 312.0 million by 2030.
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Ambulance Services Market Scope
Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 87.74% in 2023. Horizon Databook has segmented the South Africa ambulance services market based on ground ambulance, air ambulance, water ambulance covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is expected to witness considerable growth over the forecast period. The country has five different levels of proficiency in short training courses for EMSs, which include a 4-week BAA or Basic Ambulance Assistant training; 12-week AEA or Ambulance Emergency Assistant; 9-month CCA or Critical Care Assistant; 3-year “National Diploma,” ECT or Emergency Care Technician; and 1-year Bachelor of Technology degree in Emergency Medical Care (BTech/BEMC).
These courses are aimed at professionalizing EMSs and aligning them with other areas of healthcare services. Adequate training provided to EMS personnel helps in improving the quality of EMS and, in turn, is expected to drive the market for ambulance services. In addition, the prevalence of CVDs is high in this country, which is driving growth of ambulance services market.
As per the Heart and Stroke Foundation of South Africa, heart diseases and stroke are the second-leading cause of death in the country. Every hour approximately 5 people suffer a heart attack, and about 10 people experience a stroke in the country.
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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 country-level data and insights on the South Africa ambulance services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa ambulance services market size, by transport vehicle, 2018-2030 (US$M)
South Africa Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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