|
Forecast Period
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2026-2030
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Market Size (2024)
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USD 1672.74 Million
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Market Size (2030)
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USD 2219.45 Million
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CAGR (2025-2030)
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4.75%
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Fastest Growing Segment
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Ground
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Largest Market
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West India
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Market Overview
India Ambulance Services Market was valued at USD
1672.74 Million in 2024 and is anticipated to project impressive growth in the
forecast period with a CAGR of 4.75% through 2030. The India Ambulance Services
Market is primarily driven by factors such as increasing healthcare awareness,
rising demand for emergency medical services, and improving healthcare
infrastructure. With the growing prevalence of accidents, medical emergencies,
and chronic diseases, there is a heightened need for timely and efficient
ambulance services to transport patients to healthcare facilities swiftly. Government
initiatives aimed at strengthening emergency medical services, training
paramedics, and enhancing ambulance fleet infrastructure contribute to market
growth. Advancements in technology, such as GPS tracking systems, telemedicine
integration, and ambulance dispatch optimization, enhance service efficiency
and patient care. The emergence of private ambulance operators, partnerships
with healthcare providers, and investments in mobile healthcare solutions
further propel market expansion, ensuring broader accessibility and improved
healthcare outcomes for individuals across India.
Key Market Drivers
Rising Prevalence of Chronic Diseases
The prevalence in number of chronic diseases like
cardiovascular diseases, surgeries, trauma, and injuries etc. require urgent
emergency services for the care and treatment of patient. In India,
non-communicable diseases accounts for 53% of all deaths and 44 % of
disability-adjusted life-years, lost. India is considered a home to more than a
sixth of the world’s population and has been witnessing rapid epidemiological
transition i.e, a shift towards chronic non-communicable diseases along with
socio-economic development. According to Department of Biotechnology,
Government of India, India has the highest number of people with Diabetes in
the world at around 77 million, which is a data expected to have a projection
of 134 million by 2045, as per International Diabetes Federation. India
experiences premature death as a result of cardiovascular disease, which causes
one-fourth of all fatalities. The increasing prevalence of diseases and
accidents have significantly increased the number of people requiring immediate
treatment and transportation to hospitals, thereby supporting the market growth
for ambulances in India.
Increase in the Number of Road Accidents
Generally, the increase in number of road accidents
leads to many injuries and deaths. For instance, according to the Times of India,
two wheelers accounted for maximum fatal road accidents (69,240 deaths),
contributing 44.5% of total road accidental deaths, followed by cars and
trucks/lorries in 2021. The rise in the adoption of commercial and personal
vehicles has led to an increase in the number of road accidents incidence in
the country, resulting in creating the requirement for emergency hospital
admissions for urgent medical care and assistance. According to the data from
the National Crime Records Bureau (NCRB), a total of 4,03,116 road accident
cases were reported in 2021, which is an increase from 3,54,796, in 2020. This,
in turn, is anticipated to positively influence the market growth in the coming
years.
Increase Technological Advancement
Rapid advancements in research and development
(R&D) activities are propelling the growth of the market. The new
technology-based programmes are developed that provides specific medical
services and care in emergency. Major companies are developing advanced
technologies and launching new services to stay competitive in the market. For
instance, in 2021, JCBL developed with reliability and advantages, which is
fully equipped with all the facilities that a basic mobile medical unit may
need, including a PA system, oxygen cylinders, emergency stretchers, and an
operating table, complete with all necessary medical supplies.
In 2020, Ziqitza Healthcare Ltd (ZHL), Asia’s
largest emergency medical service provider company and one of the
fastest-growing holistic healthcare solution platforms in India, introduced
Ambulance Subscription services for corporates and large business units under
the Corporate Wellness product extension, recently in India. In September 2020, Karnataka, India, launched
the country’s first integrated air ambulance service, a collaboration between
the International Critical Air Transfer Team (ICATT) and the Kyathi.
Rising Development in Hospital Facilities &
Infrastructure
The improving healthcare infrastructure across
India will increase the number of hospital establishments across the country,
which in turn will increase the demand for ambulance services. Every hospital
has either their own ambulance or ambulance services in collaboration with any
service provider. The Indian government is continuously investing in upgrading the
existing hospitals' infrastructure and establishing new hospitals in the
country. For instance, in 2019, the NITI Aayog announced that India will
have 2,500 new hospitals in the next five years. Similarly, on March 26th,
2022, the Delhi government announced that it would be upgrading 15 hospitals
and building 4 new hospital facilities in Delhi. Also, in August 2022, the
Delhi State Health Department announced that Delhi will soon have 11 new
hospitals adding more than 10,000 beds to the health infrastructure of the
city. Hence, these factors show the growth of the market at an impressive
rate in the coming years.
Rise in Medical Tourism in India
India is one of the potential countries for medical
tourism, on account of affordable treatment costs, availability of skilled
healthcare professionals, lesser wait times, etc. The increasing medical
tourism has further created significant demands for air ambulance services
also. According to the Minister of State for Civil Aviation, India has only
49 air ambulance operated by 19 operators. Out of these 49, Delhi has 39 air
ambulances, followed by Maharashtra with 5. However, this number is set to
increase in the coming years due to growth in medical tourism, thereby creating
new prospects for the market growth. The increase in medical tourism has also
led to the emergence of various new players in the market offering ambulance
services and has also made the existing ones improve their services and cost
offerings. This, in turn, is expected to create lucrative opportunities for the
growth of ambulance services market in the coming years, within India.
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Key Market Challenges
Quality of Services and Training Shortages
The quality of ambulance services and shortages of trained
personnel pose significant challenges to the India Ambulance Services Market.
While the availability of ambulances has increased in recent years, disparities
in service quality, equipment standards, and paramedic training persist across
different regions and service providers. Ambulances may lack essential medical
equipment, diagnostic tools, and life-saving medications, compromising the
delivery of timely and effective pre-hospital care. Shortages of qualified
paramedics, emergency medical technicians (EMTs), and medical responders limit
the availability of skilled personnel capable of providing advanced life
support (ALS) interventions and critical care en route to healthcare
facilities. Addressing these challenges requires investments in paramedic
training programs, standardized protocols, and accreditation systems to ensure
uniformity, quality assurance, and competency in ambulance services nationwide.
Regulatory and Legal Frameworks
Regulatory and legal challenges pose obstacles to
the India Ambulance Services Market, impacting service standards, operational
efficiency, and liability issues. Ambulance services are subject to a complex
regulatory landscape encompassing various central and state-level regulations,
guidelines, and licensing requirements, leading to inconsistencies,
bureaucratic hurdles, and compliance challenges for operators. Ambulance
operators must navigate licensing procedures, vehicle registration
requirements, equipment standards, and emergency response protocols, often facing
delays and regulatory ambiguities. Legal liabilities, insurance coverage, and
medico-legal issues surrounding ambulance operations, patient care, and
transport further complicate service delivery and risk management. Streamlining
regulatory processes, harmonizing standards, and establishing clear guidelines
for ambulance operations, training, and accountability are essential to address
regulatory challenges and improve the efficiency and effectiveness of ambulance
services in India.
Key Market Trends
Rising Disposable Income and Healthcare Expenditure
The increasing disposable income and healthcare
expenditure of the Indian population drive demand for premium ambulance
services and value-added medical transportation solutions. As disposable
incomes rise and living standards improve, individuals and families are willing
to invest in quality healthcare services, including ambulance transportation,
for themselves and their loved ones. The growing prevalence of health insurance
coverage and employer-sponsored healthcare benefits incentivizes individuals to
opt for private ambulance services with enhanced amenities, such as advanced
life support (ALS) capabilities, specialized medical personnel, and luxury
ambulance fleets. This trend towards premiumization and customization of
ambulance services creates opportunities for market players to differentiate
their offerings and cater to diverse consumer preferences and needs.
Urbanization and Traffic Congestion
Urbanization and traffic congestion in major
metropolitan areas drive the demand for ambulance services by exacerbating
transportation challenges and increasing the incidence of accidents and medical
emergencies. As cities expand and populations concentrate in urban centers,
traffic congestion worsens, leading to delays in emergency response times and
access to healthcare facilities. Ambulances equipped with navigation systems,
traffic management tools, and alternate route planning capabilities help
mitigate the impact of traffic congestion and ensure timely arrival at the
scene of emergencies. The deployment of motorcycle ambulances, bicycle
ambulances, and rapid response units in densely populated urban areas improves
accessibility and maneuverability, enabling paramedics to reach patients in
congested or hard-to-reach locations more efficiently.
Segmental Insights
Transport Vehicle Insights
Based on the Transport
Vehicle, in the India Ambulance Services Market, ground ambulance services
dominate over air ambulance services due to several factors. Ground ambulances
are more accessible and cost-effective compared to air ambulances, making them
the preferred choice for medical transportation in most scenarios. Ground
ambulances are equipped to navigate diverse terrain, including urban, suburban,
and rural areas, providing timely response and transportation to patients in
need. They offer versatility in terms of vehicle types, such as basic life
support (BLS) ambulances for non-critical patients and advanced life support
(ALS) ambulances equipped with advanced medical equipment and trained personnel
for critical care.
Ground ambulances are
better suited for short-distance transfers, inter-facility transports, and
community-based emergency response, catering to a wide range of medical
emergencies and patient needs. While air ambulances offer rapid transportation
over long distances and remote areas, their limited availability, high
operational costs, and regulatory constraints restrict their widespread
adoption in the Indian context. Ground ambulances play a crucial role in
facilitating door-to-door transportation, patient triage, and on-scene medical
interventions, ensuring comprehensive pre-hospital care and seamless
integration with the broader healthcare system. Despite the advantages of air
ambulances in certain scenarios, such as mass casualty incidents, natural
disasters, and organ transplants, ground ambulances remain the backbone of the
India Ambulance Services Market, providing essential medical transportation
services to millions of patients across the country.
Services Insights
Based on Services, In the
India Ambulance Services Market, emergency ambulance services dominate over
non-emergency ambulance services due to the critical role they play in
addressing life-threatening medical situations and providing urgent medical
care to patients in need. Emergency ambulance services are equipped to respond
promptly to medical emergencies, such as accidents, trauma cases, heart
attacks, strokes, and other acute illnesses, where timely intervention is
crucial for patient survival and recovery. These ambulances are staffed with
trained paramedics, equipped with advanced life support (ALS) equipment and
medications, and operate on a 24/7 basis to ensure rapid response and
transportation to healthcare facilities.
Emergency ambulance
services prioritize patient triage, stabilization, and on-scene medical
interventions, facilitating seamless coordination with hospitals and emergency
departments for timely definitive care. While non-emergency ambulance services
cater to patients requiring scheduled medical transportation, such as hospital
transfers, routine medical appointments, and non-urgent transfers between
healthcare facilities, they constitute a smaller segment of the market. The
dominance of emergency ambulance services reflects the critical need for timely
emergency response and pre-hospital care in addressing life-threatening
emergencies and ensuring optimal patient outcomes in the India Ambulance
Services Market.
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Regional Insights
The Western region of India emerges as a dominant
region in the India Ambulance Services Market, comprising states such as
Maharashtra, Gujarat, Rajasthan, and Goa. Several factors contribute to the
Western region's prominence in the Ambulance Services Market. Maharashtra, with
its bustling metropolis of Mumbai, serves as a hub for healthcare services,
emergency response, and medical infrastructure. Mumbai, known as the financial
capital of India, boasts a comprehensive network of ambulance services,
including both public and private providers, catering to the city's dense
population and high demand for emergency medical care. The presence of premier
medical institutions, such as Tata Memorial Hospital, Lilavati Hospital, and
Bombay Hospital, underscores the critical need for reliable ambulance services
to facilitate timely access to specialized treatments and trauma care.
Gujarat, with its industrial cities like Ahmedabad
and Vadodara, is a major contributor to the Ambulance Services Market in the
Western region. Ahmedabad, in particular, is home to a robust healthcare
ecosystem, comprising hospitals, medical colleges, and emergency medical
services (EMS) providers. The city's strategic location, well-developed
infrastructure, and proactive approach to emergency preparedness make it a key
player in ambulance services, catering to urban and rural populations across
Gujarat and neighboring states.
Recent Developments
- In May 2024, RED.Health, a
startup headquartered in Hyderabad, which has successfully raised $20 million
in Series B funding. This funding round was led by Jungle Ventures. RED.Health
specializes in a medical emergency response platform and has gained recognition
for its ability to dispatch ambulances within eight minutes. Apart from Jungle
Ventures, other investors participating in this funding round include
HealthQuad, HealthX, and Alteria Capital. The significant infusion of capital
underscores the robust faith investors have in RED.Health's progress within the
realm of emergency ambulance services.
Key Market Players
- Ziqitza Health Care Limited
- Stanplus Technologies Private
Limited
- Medulance Healthcare Private
Limited
- Air Rescuers Worldwide Private
Limited
- Panchmukhi Air & Train
Ambulance Services Pvt. Ltd.
- EMSOS Medical Pvt. Ltd.
- AmbiPalm Health Private
Limited
- BVG India Limited
- Falcon Emergency
- EMRI Green Health Services
|
By Transport Vehicle
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By Services
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By Service Operators
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By Equipment Type
|
By Region
|
|
|
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- Hospital Based Service
- Private Ambulance Service
- Government Ambulance Service
- Others
|
- Advanced Life Support
- Basic Life Support
|
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Report Scope:
In this report, the India Ambulance Services Market
has been segmented into the following categories, in addition to the industry
trends which have also been detailed below:
- India Ambulance Services
Market, By
Transport Vehicle:
o Ground
o Air
- India Ambulance Services
Market, By
Services:
o Emergency
o Non-Emergency
- India Ambulance Services
Market, By
Service Operators:
o Hospital Based Service
o Private Ambulance Service
o Government Ambulance
Service
o Others
- India Ambulance Services
Market, By
Equipment Type:
o Advanced Life Support
o Basic Life Support
- India Ambulance Services
Market, By
Region:
o North
o South
o West
o East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the India Ambulance Services Market.
Available Customizations:
India Ambulance Services Market report with
the given market data, TechSci Research offers customizations according to a
company's specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India Ambulance Services Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]