Market Overview:
An ambulance is a vehicle used to transport people who are sick or injured. Most ambulances are either trucks with space for patients or cargo vans with raised roofs. Ambulances usually take patients to a hospital.
- The North & Central America medical ambulances market is US$ XX million in 2025 and is estimated to grow at a CAGR of XX% during the forecast period (2025-2031) to reach a value of US$ XX million in 2031.
- Ambulance services assist in the transportation of medically wounded or unwell people to and from hospitals in order to guarantee prompt health examinations and treatment by healthcare specialists. Ambulances are often in the shape of a van. It may, however, take the shape of motorbikes, automobiles, buses, aero planes, and boats.
- The North & Central America medical ambulances market is driven by various factors like, rise in the prevalence of chronic diseases, rise in the traumatic accidents, advancements in the ambulances and others help the market to grow during the forecast period.
Market Dynamics
Rise in the prevalence of chronic diseases:
➢ Ambulance services care for patients of all ages and with all types of conditions: from mothers in labour and newborn babies to those at the end of their lives, and from the critically ill and injured to those suffering from chronic diseases and minor conditions.
➢ As the number of people living with chronic diseases rises, there is a higher likelihood of acute exacerbations or complications requiring emergency medical attention. Ambulance services play a crucial role in responding to emergency calls and transporting patients to healthcare facilities.
➢ For instance, according to American Hospital Association an increasing number of Americans are coping with chronic health conditions – diseases that are ongoing and generally not curable. Currently, an estimated 133 million Americans – nearly half the population – suffer from at least one chronic illness, such as hypertension, heart disease and arthritis. That figure is 15 million higher than just a decade ago and by 2030, this number is expected to reach 170 million.
➢ Heart disease affects more than 79 million Americans and is responsible for 40 percent of all deaths.The number of people with arthritis is expected to increase to 67 million by
➢ 2030 – 20 million more than current situation. Over the past 15 years, the number of people with diabetes has more than doubled.
➢ Repeated use of ambulance services was common and associated with chronic health problems such as chronic respiratory diseases, epilepsy, mental disorders with alcohol abuse and comorbidity. Alternative methods of caring for many of these patients should be considered.
Rise in the number of road accidents
➢ Upsurge in road accidents and an increase in the demand for ambulance services are fueling the market growth. Rising geriatric population has led to the growth of the North America ambulance services market.
➢ The need for emergency medical intervention is high among the geriatric population, which is growing hastily. Elderly people (aged ≥65) are currently the fastest-growing group of the general population in the Costa Rica.
➢ In 2021, Costa Rican authorities reported that there were 1,853 accidents and in 2022 this figure rose to 2,077. This is a 250% increase in just two years. The data also shows that of these 2,077 accidents, 589 were fatal and there were 2,488 injured.
➢ In n 2023, First responders attended over 500,000 incidents last year, averaging one per minute nationwide, according to the Costa Rica Red Cross (CRC). The CRC reported 1,731 on-site fatalities in 2023, an increase of 213 deaths from the previous year. Critical patient transfers also rose by 460 cases to a total of 9,520.
➢ Hence, the rise in the number road accidents will a urgent need of the medical ambulances which indeed increase the demand for the market during the forecast period.
Covid-19 Impact Analysis
➢ The outbreak of COVID-19 has positively affected the global ambulance services market.
➢ The growth of the global ambulance services market is significantly driven by increasing road accident injuries, the presence of a huge patient pool suffering from various chronic diseases, and the adoption of technological advancements.
➢ Due to the COVID-19 health emergency, the majority of the significant manufacturers are concentrating on multiple strategies to defeat the COVID-19 pandemic the onset of the COVID-19 pandemic in March 2020, the provision of health care appeared on the verge of collapse, with a system under severe strain and extending to the emergency medical services (EMS).
➢ In addition, anecdotal reports appeared of patients with emergent non– COVID–19 illnesses avoiding necessary emergency care due to concerns about contracting COVID-19.
Market Segmentation Analysis
➢ The market value for advance Life Support (ALS) is likely to reach USD XX million in 2031, from its recorded value of USD XX million in 2023, growing with a CAGR of XX% during the forecast period 2024 to 2031.
➢ An Advance Life Support Ambulance is a vehicle that shifts a reasonably stable patient from one hospital/ clinic to another hospital for further treatment. It can also be utilized in the case of any eventuality for transportation of accident victims or any other patient from the accident site to the nearest possible hospital.
➢ The advanced life support ambulance will provide primary and secondary patient transportation from one place to another without aggravating the injuries and with sufficient comfort level.
➢ ALS ambulances are facilitated with vascular access, and cardiac arrest treatment equipment, nebulizer, large-bore needle, glucometer, medications, and pre-loaded needles, over and above the BLS equipment.
➢ Patients who require a greater degree of care during transport, such as those on a cardiac monitor, those who may have an airway difficulty, and pregnant women, necessitate an ALS ambulance.
➢ Upsurge in the number of people suffering from cardiac arrest are anticipated to boost the ALS segment over the forecast period.
➢ For instance, according to the report published by The American Heart Association has released Heart and Stroke Statistics – 2022, there are more than 356,000 out-of-hospital cardiac arrests (OHCA) yearly in the U.S., of which nearly 90% of them fatal.
➢ Similarly, as per the Heart and Stroke Foundation of Canada data, an estimated 35,000 cardiac arrests and 62,000 strokes occur in Canada every year. ➢ The ALS provides patients with continuous cardiac monitoring and ventilator support along with an emergency medical technician.
➢ For instance, in March 2022, TransCare Medical Transportation Services launched Advanced Life Support (“ALS”) services this month after receiving a Certification of Public Convenience and Necessity (“COPCN”) from the Hillsborough County Board of County Commissioners. TransCare will be serving as the third private ambulance service providing advanced life support inter-facility transports.
➢ Hence, as per the mentioned factors the advancel ife support segment is expected to grow during the forecast period.
Country Analysis
➢ U.S in the North & Central America medical ambulance market was valued at US$ XX million in 2024 and is estimated to reach US$ XX million by 2031, growing at a CAGR of XX% during the forecast period from 2025-2031.
➢ U.S in the North & Central America medical ambulance market is expected to hold the largest market share over the forecast period owing to the factors as the presence of several key market players in this region, growing demand for high-quality healthcare services, wellestablished healthcare infrastructure, and favorable reimbursement policies.
➢ Department of Health and Human Services (HHS) introduced a new payment model for emergency ambulance services that intends to enable Medicare Fee-For-Service (FFS) beneficiaries to obtain the most adequate care at the right time and place while potentially lowering out-of-pocket costs.
➢ There are 24,713 Ambulance Services businesses in the US as of 2023, a decline of -0.1% from 2022.
➢ The Ambulance Services industry in the US is labor intensive which means businesses are more reliant on labor than capital. The highest costs for business in The Ambulance Services industry in the US as a percentage of revenue are Wages (46.4%), Purchases (8%), and Rent & Utilities (1.8%).
➢ Also, According to the CDC, 90% of the nation’s $3.8 trillion per year healthcare costs can be attributed to people with chronic diseases and mental health conditions1 A recent Partnership to
➢ Fight Chronic Disease publication determined that treatment of the seven most common chronic diseases, coupled with productivity losses, will cost the U.S. economy $2 trillion dollars annually $8,600 per person - by 2030. The same analysis estimates that reductions in unhealthy behaviors could save 1,100,000 lives per year
