Emergency Medical Services (EMS) Vehicles Market Size to Hit US$ 21.3 billion by 2033 | At 5.2% CAGR: Fact.MR Study

European countries are focusing on reducing their carbon footprint by urging people to opt for electric vehicles that have a low environmental impact as compared to fossil fuel-powered vehicles.

Rockville, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The global emergency medical services (EMS) vehicles market is valued at $12.8 billion in 2023 and is expected to grow to $21.3 billion by 2033. The global emergency medical services vehicles market is expected to witness a CAGR of 5.2% during the forecast period.

The growing emphasis on healthcare has led in significant spending on healthcare infrastructure development, which is expected to be a major factor driving emergency medical service vehicle shipments over the projection period. The demand for emergency medical service vehicles that arrive on the scene and treat patients suffering from the aforementioned diseases or other health issues has increased due to the rising incidence of traffic accidents, trauma cases, cardiovascular events, and strokes.

Various factors contributing to the growth of the market are:

  • Growing demand for emergency medical services (EMS) due to an aging population and increased incidence of chronic diseases. Moreover, advancements in medical technology, lead to the availability of advanced life support systems and medical equipment in emergency medical vehicles. Besides this, government initiatives and regulations aimed at improving the quality of emergency medical services and increasing the number of EMS vehicles.
  • Also, rising demand for cost-effective and efficient emergency medical services, leads to the growth of private ambulance services. The growing popularity of mobile healthcare services leads to increased demand for ambulances equipped with advanced medical equipment.
  • The increasing trend of integrating information technology (IT) systems in emergency medical vehicles, leading to improved patient care and better coordination of medical services.

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Key Trends:

  • There is a growing demand for specialized ambulance vehicles, such as bariatric ambulances, neonatal ambulances, and air ambulance services, to cater to the specific needs of patients. Besides this, emergency medical vehicles are incorporating advanced technology and designs to improve patient comfort and care. This includes the use of lightweight materials, improved ventilation systems, and advanced medical equipment.
  • In addition to this, emergency medical vehicles are increasingly incorporating telemedicine technology to provide real-time patient monitoring and communication with medical personnel. This helps to improve patient care and reduces the time taken for treatment.
  • Also, there is a growing trend towards the use of environmentally friendly ambulance vehicles, powered by electric or alternative fuel sources. This trend is driven by concerns over air pollution and the need for more sustainable transportation solutions.

The emergency medical vehicles market faces several restraints, including:

  • In various emerging economies, government budget allocation for emergency medical services is often limited, which can impact the ability of these services to purchase new ambulance vehicles and upgrade their fleets.
  • Also, there is a lack of awareness about the availability and benefits of advanced ambulance services, such as air ambulance services.
  • The integration of advanced technologies in emergency medical vehicles, such as telemedicine and unmanned aerial vehicles (UAVs), can pose technical challenges. This can limit the adoption of these technologies and impact the growth of the market.
  • Stringent regulations and standards for emergency medical vehicles and services can increase the cost of compliance, making it difficult for smaller providers to compete in the market.

Segments of Emergency Medical Services Vehicles Industry Research

  • By Vehicle Type :
    • Ground-based
      • Vans
      • Cars
      • Motorcycles
      • Others
    • Air-based
    • Water-based
  • By Class :
    • Class 1
    • Class 2
    • Class 3
  • By Application :
    • Cardiovascular Disorders
    • Injury from Trauma/Wound Care
    • Respiratory Assistance
    • Oncology
    • Others
  • By Equipment Type :
    • Basic Life Support (BSL)
    • Advanced Life Support (ALS)
  • By End User :
    • Hospitals & Trauma Centers
    • Ambulatory Surgical Centers
    • Other End Users

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Competitive Landscape

The emergency medical vehicles market is highly competitive and some of the major players in the market are Braun Industries, Horton Emergency Vehicles, Demers Ambulances, Renault Trucks Defense, Piaggio Aerospace

Key companies in the emergency medical services vehicles market have been collaborating with other leading companies to share expertise and technology. For instance,

  • In 2021, Mercedes-Benz Vans, had partnered with Ambulanz Mobile from Schönebeck in the German state of Saxony-Anhalt. Via the partnership, the company has developed a fully electric ambulance based on the sprinter van.
  • In 2020, Daimler AG and Mercedes-Benz Vans entered into a collaboration with ambulance manufacturer, Zollner, to develop and manufacture fully equipped ambulances based on the Mercedes-Benz Sprinter.

Moreover, companies acquire smaller players to expand their product offerings, access new markets, and increase their market share. For instance,

  • American ambulance manufacturer, Braun Industries, was acquired by REV Group, a leading manufacturer of specialty vehicles in 2020.

Key Companies Profiled

  • Leader Ambulance
  • Fuso
  • Crestline Coach
  • REV Group
  • Horton
  • First Priority Group
  • Toyota Motor Company
  • Braun Industries
  • BHPL
  • Lenco Armored Vehicle
  • Rodriguez Lopez Auto
  • American Expedition Vehicles
  • JCBL Limited
  • Nissan Corporation
  • Demers Manufacturer d’Ambulances Inc.
  • Life Line Emergency Vehicles

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Fact.MR, in its new offering, presents an unbiased analysis of the global Emergency Medical Services (EMS) Vehicles Market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of Vehicle Type (Ground-based, Air-based, Water-based), By Class Type (Class 1, Class 2, Class 3), By Equipment Type (Basic, Advanced Life Support (ALS)), By Application, End User, across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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