Ambulance Market Size, Share and COVID-19 Impact Analysis, By Transportation Type (Ground Ambulance and Air Ambulance), By Services (Emergency Services and Non-Emergency Services), By Equipment (Basic Life Support and Advanced Life Support), By End-User (Hospitals, Emergency Care Centers, and Others), and Regional Forecast, 2026-2034

Region : Global | Report ID: FBI110442 | Status : Ongoing

KEY MARKET INSIGHTS

The global ambulance market size was valued at USD 52.13 billion in 2025. The market is projected to grow from USD 57.4 billion in 2026 to USD 123.9 billion by 2034, exhibiting a CAGR of 10.1% during the forecast period.

The ambulance plays a significant role in transporting personnel or materials for medical use. Increased investments in medical infrastructure development in the aftermath of the pandemic and increased awareness about medical well-being among people and authorities worldwide heavily drive the market. Furthermore, an upsurge in medical tourism is expected to boost the demand for ambulance services over the forecast period.

A major industry trend is developing ambulances with improved medical assistance systems. Ambulances equipped with advanced life support systems are emerging as a major market segment and are expected to grow in the forecast period. However, the shortage of medical facilities and appropriate medical infrastructure in underdeveloped and developing countries is a major challenge to market growth.

Impact of COVID-19 on the Ambulance Market

The COVID-19 pandemic had a positive impact on the ambulance market. During the early stages and stay-at-home orders were implemented, demand for ambulances increased drastically due to increasing COVID-19-positive cases. Additionally, the medical equipment and medicines had to be transported. Since any mode of transport was stopped to avoid spreading the virus, the equipment, medicines, and vaccines had to be transported using ambulances, which led to a rapid rise in the demand for ambulances.

However, as the pandemic has evolved and operations have become more accessible, the ambulance market is poised to grow at a stagnant rate. Due to the high prevalence of emergency cases and chronic disease patients globally, the market is anticipated to grow during the forecast period.

Key Insights

The report will cover the following key insights:

Key Industry Developments – Mergers, Acquisitions, and Partnerships.
Porter's Five Forces Analysis.
PEST Analysis.
Technological Developments.
Impact of COVID-19 on the Global Ambulance Market.

Segmentation

By Transportation Type		By Services	By Equipment	By Installation Platform	By Geography
	Ground Ambulance Air Ambulance	Emergency Services Non-Emergency Services	Flight Status Flight Gate Information Baggage Belt Information Others	Domestic Airport International Airport	North America (U.S. and Canada) Europe (U.K., Germany, France, Russia and the Rest of Europe) Asia Pacific (India, China, Japan, and Rest of APAC) Rest of the World (Middle East & Africa and Latin America)

Regional Analysis

The Asia Pacific region is expected to lead the ambulance market over the forecast period. Asia Pacific was the epicenter during the pandemic, leading to many innovative initiatives by countries in the region, thereby growing demand in the market. Additionally, Europe is expected to emerge as a significantly growing market due to a rise in government initiatives toward improving medical facilities in the region.

Key Players Covered

The report includes the profiles of key players such as Crestline Coach Ltd., Braun Industries, Inc., REV GROUP, First Priority Group, LLC, Greenwood Emergency Vehicles, LLC, JCBL Limited, Hexagon, Life Line Emergency Vehicles., Demers Ambulances, Jesai Healthcare Pvt. Ltd., and others.

Key Industry Developments

October 2022: the Maharashtra government in India announced the launch of a new ambulance specialized for newborns and mothers to drop them home after delivery. This launch was done with the help of the Ministry of Women and Child Development of India.