The global ambulance equipment market size is calculated at US$ 5.12 billion in 2024, grew to US$ 5.28 billion in 2025, and is projected to reach around US$ 7.05 billion by 2034. The market is expanding at a CAGR of 3.24% between 2025 and 2034.
A new development funding contributes to expanding healthcare services through the initiatives of the Department of Health. For instance, in October 2024, the Minister for Health, Stephen Donnelly, announced the €8 million investment for the national ambulance service in the 2025 budget.
The investments and funding in healthcare aim to advance emergency medical services for the global population. For instance, in November 2024, the SA Ambulance Service experienced a massive expansion to deliver brand new ambulance stations and provide more staff for emergency medical care for South Australians through a $311.2 million investment.
In May 2024, Aman Rishi, Vice President and General Manager of Stryker in India, reported his happiness after launching the customer experience center and displayed the importance of this center in the acute care and emergency care products of Stryker. He also expressed that this center aims to boost collaboration, innovation, and enhanced patient care within the Indian healthcare system.
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