Ambulance Services Market Size & Share 2020 to 2026
Market Size by Mode of Transportation (Air Ambulance, Ground Ambulance, Water Ambulance), by Service (Emergency Medical Services, Non-Emergency Medical Services), by Payer (Public, Private, Out-of-Pocket), by End Use (Hospitals, Nursing Homes, Home Healthcare Settings), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast.
Report ID: GMI4724
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Published Date: June 2020
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Report Format: PDF
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Authors:
Monali Tayade, Jignesh Rawal
Ambulance Services Market Size
Ambulance Services Market size exceeded USD 28 billion in 2019 and is anticipated to grow at a CAGR of over 0.9% between 2020 and 2026.
The drive-in healthcare industry is expanding its spectrum of services as the innovations in healthcare are treading new paths to enable the people of all ages and groups to receive comprehensive care. The ambulance services are considered an integral part of the emergency medicine department. Service providers of this industry provide ambulance with the necessary facilities, like defibrillators, monitors, ventilators, continuous oxygen supply, and others that augments the market growth over the forecast period.
Favorable reimbursement policies propel the market expansion
Ambulance services include transport by ground, air, and water. The ambulance transportation benefit covers a medically essential transport of a beneficiary by air or ground ambulance to the nearest appropriate facility that can treat the patient's condition when any other methods of transportation are contraindicated. The ground ambulance destination necessities must be met to qualify for the reimbursement. The patient must be transported to the nearby local facility that has appropriate services for treatment. An ambulance provider may be a hospital-based ambulance service or an independent ambulance supplier. If an individual was pronounced dead before the time ambulance was called, then no reimbursement will be made. However, the shortage of ambulances and proper medical staff might hamper the industry growth.
Ambulance Services Market Analysis
The ground ambulance segment was valued USD 16 billion in 2019. Vehicles used as an ambulance must be equipped and designed to respond to medical emergencies. Also, in non-emergency situations are capable of transporting patients with acute medical conditions. Ground ambulance services have several advantages and ensure the smoothest journey with highest quality standards during all stages of the patient transfer. Ground ambulance service is considered more cost-effective, accessible, and available than air and water ambulance services, that is better suited to extreme emergencies.
The non-emergency medical services segment will expand at 1.3% growth rate through 2026. Non-emergency services provide medically necessary, pre-scheduled inter-facility services. Non-emergency services are provided to facilities such as nursing homes, hospitals, surgical centers, dialysis centers, and others. Some of the situations in which one can avail of a non-emergency ambulance for safe and convenient transportation are to travel long distances, for special events, for regular medical check-ups, patient logistic support, neonatal transportation, and others.
The nursing home segment accounted for more than 11% of the ambulance services market share in 2019. The rising number of nursing coupled with the growing adoption of ambulance services will boost the industry expansion. Furthermore, increasing healthcare spending in developing countries for nursing homes will further fuel the acceptance of ambulance services.
The private segment is estimated to attain a CAGR of 1% by 2025. Private payers offer numerous types of plans to meet the basic standards specifically set by the government. The private sector has undertaken various initiatives to deliver efficient ambulance services at a certain price. In addition, growing strong presence of this sector in healthcare industry will surge the overall business revenue.
North America ambulance services market captured more than 35% of revenue share in 2019 led by the transition towards value-based care in the region. Presence of major industry service providers in the U.S., growing demand for high-quality healthcare facilities, well-established healthcare infrastructure, and favorable reimbursement policies in the healthcare sector will impel the regional expansion.
Ambulance Services Market Share
Some of the eminent companies operating in the market are
These industry leaders are implementing various organic as well as in-organic growth strategies to maintain their market position and financial stability.
Some of the recent industry developments:
The ambulance services market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026, for the following segments:
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Market, By Mode of Transportation
Market, By Services
Market, By Payer
Market, By End-use
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
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Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
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Company reports
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Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →