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Ambulance Equipment Market - By Equipment Type (Transportation, Burn Care, Diagnostic and Infection Control, Blood and Hemorrhage Control, Cardiac, & Respiratory Equipment), By Mode of Transportation (Ground, Air, Water) – Global Forecast, 2023-2032

  • Report ID: GMI4552
  • Published Date: Nov 2023
  • Report Format: PDF

Ambulance Equipment Market Size

Ambulance Equipment Market size was valued at USD 4.8 billion in 2022 and is anticipated to register at a CAGR of over 3.2% between 2023 and 2032. Ambulance equipment refers to a set of specialized medical devices and tools that are essential for emergency medical services (EMS) and patient transportation in ambulances. Increasing road traffic accidents is a significant driving factor for the market expansion.

Ambulance Equipment Market

For instance, according to the World Health Organization (WHO), approximately 1.3 million people die annually from road traffic crashes, with predictions indicating it will become the seventh leading cause of death by 2030. Therefore, a rise in global road accidents fuels demand for well-equipped ambulances, thereby accelerating the market development.

Furthermore, technological advancements in ambulance equipment, including advanced monitoring, telemedicine, which is estimated to reach USD 244.2 billion by 2032, and diagnostic tools, have significantly improved patient care. Thus, the integration of modern technologies ensures enhanced communication, faster diagnosis, and more accurate treatment, stimulating the overall growth of the market.

COVID-19 Impact

The COVID-19 pandemic drove a resurgence in the ambulance equipment market, resulting in increased investment in critical care devices specifically designed for transporting COVID-19 patients. This surge in demand accelerated innovations, incorporating real-time communication, telemedicine, and advanced diagnostics into ambulances.

Ambulance Equipment Market Trends

The global increase in cardiovascular diseases has led to a higher demand for ambulance services equipped with specialized cardiac care equipment. For instance, worldwide, cardiovascular diseases (CVDs) claim 17.9 million lives annually, ranking as the leading global cause of death as per the World Health Organization (WHO). Additionally, in 2021, heart disease claimed about 695,000 lives in the U.S., representing 1 in 5 fatalities. Thus, as heart-related emergencies become more common, there is a need for ambulances to be equipped with defibrillators, cardiac monitors, and other life-saving devices.

  • Furthermore, the expansion of healthcare infrastructure including the establishment of new hospitals and healthcare facilities contributes to the growth of the market.
  • With more hospitals being set up globally, there is an increased need for well-equipped ambulances to facilitate timely patient transportation and emergency medical care.
  • Therefore, the demand for ambulance equipment is closely linked to the growth in the number of healthcare facilities.

Ambulance Equipment Market Analysis

Ambulance Equipment Market, By Equipment Type, 2021 - 2032 (USD Billion)

The market by equipment type is categorized into transportation equipment, burn care equipment, diagnostic and infection control equipment, blood and hemorrhage control equipment, cardiac equipment, respiratory equipment, and other equipment types. The respiratory equipment segment garnered USD 1.1 billion revenue size in the year 2022.

  • The dominance of the respiratory equipment segment in the market is driven by its critical role in addressing emergency situations and the escalating prevalence of respiratory conditions globally. For instance, chronic obstructive pulmonary disease (COPD) ranks as the third most common cause of global mortality, resulting in 3.2 million deaths, according to the world health organization (WHO).
  • Ongoing technological advancements, emphasizing positive patient outcomes, and adherence to regulatory standards further contribute to its prominence.

Therefore, with a focus on immediate and effective respiratory support in pre-hospital care, the segment is poised to maintain its leading position in the market.

Ambulance Equipment Market Revenue Share, By Mode of Transportation, (2022)

Based on mode of transportation, the ambulance equipment market is segmented into ground ambulance, air ambulance and water ambulance. The ground ambulance segment garnered USD 3.1 billion revenue size in the year 2022.

  • The segment dominates the market due to its versatility, rapid response capabilities, and integration of advanced technology. Cost-effectiveness, a well-established infrastructure, and regulatory support further contribute to its prominence.
  • Furthermore, ground ambulances provide a stable environment for patient care during transit, making them essential for timely and effective emergency medical services.
U.S. Ambulance Equipment Market Size, 2020- 2032 (USD billion)

U.S. ambulance equipment market accounted for USD 1.8 billion revenue size in 2022 and is predicted to witness substantial market progress.

  • The U.S. has taken a commanding position in the market, due to its advanced healthcare infrastructure, robust emergency medical services (EMS) systems, and high demand for cutting-edge medical technology.
  • Furthermore, the country's well-established ambulance services coupled with stringent regulatory standards, ensure swift emergency response. Continued investments in research and development coupled with a proactive healthcare approach contribute to the adoption of state-of-the-art ambulance equipment.
  • Moreover, the U.S. market's leadership position is sustained by a commitment to technological innovation and an elevated focus on enhancing patient care during transit fostering continuous growth in the ambulance equipment sector.

Ambulance Equipment Market Share

The ambulance equipment industry is consolidated, with key players including Stryker Corporation and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in November 2020, Stryker's acquisition of Wright Medical Group bolstered its global standing in trauma and extremities, fuelled innovation, and expanded patient reach. This strategic move underscored Stryker's commitment to advancing comprehensive healthcare solutions in extremity care and biologics, highlighting its dedication to enhancing capabilities in critical medical fields.

Some of the eminent market participants operating in the ambulance equipment industry include:

  • Allied Healthcare Products, Inc.
  • BLS Systems, Ltd.
  • GE Healthcare
  • 3M Company
  • Medtronic Plc
  • Dragerwerk AG & Co. KGaA.
  • Stryker Corporation
  • Ambu A/S
  • B. Braun Melsungen AG
  • Ferno-Washington, Inc.
  • Zoll medical corporation (Asahi Kasei Corporation)
  • Smiths Medical (ICU Medical)

Ambulance Equipment Industry News:

  • In February 2022, Stryker acquired Vocera Communications, Inc., a prominent player in the realm of digital care coordination and communication. The acquisition positioned Stryker to deliver comprehensive solutions that elevated operational effectiveness and patient care in ambulatory environment, leveraging advanced communication tools.
  • In January 2022, ICU Medical Inc. acquired Smiths Medical, integrating syringe and infusion device assets to establish itself as a leading infusion therapy company. The strategic move enhanced ICU Medical's product portfolio, delivering a substantial competitive advantage in the market.

Ambulance equipment market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:

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By Equipment Type, 2018 – 2032 (USD Million)

  • Transportation equipment
  • Burn care equipment
  • Diagnostic and infection control equipment
  • Blood and hemorrhage control equipment
  • Cardiac equipment
  • Respiratory equipment
  • Other equipment types

By Mode of Transportation, 2018 – 2032 (USD Million)

  • Ground ambulance
  • Air ambulance
  • Water ambulance

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Thailand
    • Malaysia
    • Philippines
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East & Africa


Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The ambulance equipment industry was valued at USD 4.8 billion in 2022 and is estimated to reach USD 6.5 billion by 2032 due to the increasing road accidents.

The respiratory equipment segment garnered USD 1.1 billion in 2022 and will grow significantly through 2032 due to its critical role in addressing emergency situations and the escalating prevalence of respiratory conditions globally.

U.S. ambulance equipment market accounted for USD 1.8 billion in 2022 and is predicted to witness substantial growth through 2032 due to its advanced healthcare infrastructure, robust emergency medical services (EMS) systems, and high demand for cutting-edge medical technology.

Allied Healthcare Products, Inc., BLS Systems, Ltd., GE Healthcare, 3M Company, Medtronic Plc, Dragerwerk AG & Co. KGaA., Stryker Corporation, Ambu A/S, B. Braun Melsungen AG, Ferno-Washington, Inc., Zoll medical corporation (Asahi Kasei Corporation), and Smiths Medical (ICU Medical).

Ambulance Equipment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 168
  • Countries covered: 25
  • Pages: 106
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