India Ambulance Services market stood at USD1502.78 million in 2022 is expected to grow at a significant rate of 5.12% CAGR during the forecast period 2024-2028. Increase in number of road accidents thereby require immediate medical support/services. The Ministry of Road Transport and Highways Transport, Government of India stated that the frequency of road accidents is increasing day by day due to reckless driving, drunk driving or any other reason. Also, the rise in number of deaths happened due to road accidents is creating the need for the availability of quick medical treatment. Supportive government policies to boost the healthcare industry and reimbursement plans for availing healthcare services are two factors fueling the growth of the market. Rise in medical tourism and development of infrastructure for healthcare facilities is accelerating the ambulance services market demand. Cardiovascular diseases comprising of cardiac arrest, coronary artery disease, heart failure and stroke usually requires immediate medical attention and treatment as it is a leading cause of death and such situations are expected to bolster the growth of the market.

Additionally, the advanced life support services segment is expected to account for major market share for the forecast period. Increase in number of road accidents and prevalence of cardiovascular diseases among consumers is supporting the growth of the market. Rise in awareness about life support services and presence of trained healthcare professionals to tackle any healthcare problems are the other significantly contributing factors for high demand of ambulance services for the next five years.

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. Additionally, 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. Additionally, 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 (VK Singh), 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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Market Segmentation

India ambulance services market is segmented into transport vehicle, services, service operators, equipment type, regional distribution, and company. Based on transport vehicle, market is further bifurcated into ground and air. Based on services, market is further segmented into emergency and non-emergency. Based on service operators, the market is segmented into hospital-based service, private ambulance service, government ambulance service, and others. Based on equipment type, the market is segmented into   advanced life support and basic life support.

Market Players

The major players operating in the India ambulance services market are 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, Goodmans Healthcare Services Pvt. Ltd., BVG India Limited, Falcon Emergency, EMRI Green Health Services and others.

Attribute

Details

Market Size in 2022

USD 1502.78 Million

Market Size in 2028

USD 2037.29 Million

Growth Rate

5.12%

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Transport Vehicle

Service

Service Operators

Equipment Type

Region

Company

Country scope

North, South, East, West

Key companies profiled

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, Goodmans Healthcare Services Pvt. Ltd., BVG India Limited, Falcon Emergency, EMRI Green Health Services.

Customization scope

10% free report customization with purchase. Addition or alteration to country, & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India Ambulance Services market has been segmented into 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   East

o   West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India ambulance services market.

Available Customizations:

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]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Ambulance Services Market

4.    Executive Summary

5.    Voice of Customer

6.    India Ambulance Services Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Transport Vehicle (Ground v/s Air)

6.2.2. By Services (Emergency v/s Non-Emergency)

6.2.3. By Service Operators (Hospital Based Service, Private Ambulance Service, Government Ambulance Service, Others)

6.2.4. By Equipment Type (Advanced Life Support v/s Basic Life Support)

6.2.5. By Region

6.2.6. By Company (2022)

6.3.  Product Market Map

7.    India Emergency Ambulance Services Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Transport Vehicle

7.2.2. By Service Operators

8.    India Non-Emergency Ambulance Services Market Outlook

8.1.  Market Size & Forecast          

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Transport Vehicle

8.2.2. By Service Operators

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  India Economic Profile

13.  Competitive Landscape

13.1.              Ziqitza Health Care Limited

13.2.              Stanplus Technologies Private Limited

13.3.              Medulance Healthcare Private Limited

13.4.              Air Rescuers Worldwide Private Limited

13.5.              Panchmukhi Air & Train Ambulance Services Pvt. Ltd.

13.6.              EMSOS Medical Pvt. Ltd.

13.7.              AmbiPalm Health Private Limited

13.8.              Goodmans Healthcare Services Pvt. Ltd.

13.9.              BVG India Limited

13.10.            Falcon Emergency

13.11.            EMRI Green Health Services

14.  Strategic Recommendations

15.  About us & Disclaimer

List of Figures

Figure 1:               India Ambulance Services Market Size, By Value (USD Million), 2018-2028F

Figure 2:               India Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

Figure 3:               India Ambulance Services Market Share, By Services, By Value, 2018-2028F

Figure 4:               India Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

Figure 5:               India Ambulance Services Market Share, By Equipment Type, By Value, 2018-2028F

Figure 6:               India Ambulance Services Market Share, By Region, By Value, 2018-2028F

Figure 7:               India Ambulance Services Market Share, By Company, By Value, 2022

Figure 8:               India Ambulance Services Market Map, By Transport Vehicle, Market Size (USD Million) & Growth Rate (%), 2022

Figure 9:               India Ambulance Services Market Map, By Services, Market Size (USD Million) & Growth Rate (%), 2022

Figure 10:            India Ambulance Services Market Map, By Service Operators, Market Size (USD Million) & Growth Rate (%), 2022

Figure 11:            India Ambulance Services Market Map, By Equipment Type, Market Size (USD Million) & Growth Rate (%), 2022

Figure 12:            India Ambulance Services Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

Figure 13:            India Emergency Ambulance Services Market Size, By Value (USD Million), 2018-2028F

Figure 14:            India Emergency Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

Figure 15:            India Emergency Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

Figure 16:            India Non-Emergency Ambulance Services Market Size, By Value (USD Million), 2018-2028F

Figure 17:            India Non-Emergency Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

Figure 18:            India Non-Emergency Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

Figure 19              Estimated Number of Public and Private Hospitals in India, 2019

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • Figure 1:          India Ambulance Services Market Size, By Value (USD Million), 2018-2028F

    Figure 2:          India Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

    Figure 3:          India Ambulance Services Market Share, By Services, By Value, 2018-2028F

    Figure 4:          India Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

    Figure 5:          India Ambulance Services Market Share, By Equipment Type, By Value, 2018-2028F

    Figure 6:          India Ambulance Services Market Share, By Region, By Value, 2018-2028F

    Figure 7:          India Ambulance Services Market Share, By Company, By Value, 2022

    Figure 8:          India Ambulance Services Market Map, By Transport Vehicle, Market Size (USD Million) & Growth Rate (%), 2022

    Figure 9:          India Ambulance Services Market Map, By Services, Market Size (USD Million) & Growth Rate (%), 2022

    Figure 10:        India Ambulance Services Market Map, By Service Operators, Market Size (USD Million) & Growth Rate (%), 2022

    Figure 11:        India Ambulance Services Market Map, By Equipment Type, Market Size (USD Million) & Growth Rate (%), 2022

    Figure 12:        India Ambulance Services Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

    Figure 13:        India Emergency Ambulance Services Market Size, By Value (USD Million), 2018-2028F

    Figure 14:        India Emergency Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

    Figure 15:        India Emergency Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

    Figure 16:        India Non-Emergency Ambulance Services Market Size, By Value (USD Million), 2018-2028F

    Figure 17:        India Non-Emergency Ambulance Services Market Share, By Transport Vehicle, By Value, 2018-2028F

    Figure 18:        India Non-Emergency Ambulance Services Market Share, By Service Operators, By Value, 2018-2028F

    Figure 19         Estimated Number of Public and Private Hospitals in India, 2019

    List of Tables

    Table 1:           Number of Road Accidents and Deaths Reported in India, 2018-2021

    Table 2:           India Cancer Incidence and Mortality, By Cancer Site, As of 2020