Towards Healthcare
Ambulance Equipment Market to Lead USD 7.05 Bn by 2034

Ambulance Equipment Market Innovations Transforming Emergency Services

Market insights predict, the ambulance equipment industry is expected to grow from USD 5.12 billion in 2024 to USD 7.05 billion by 2034, driven by a CAGR of 3.24%. The integration of telemedicine and connected technologies, as well as the rising road accidents and trauma cases, are the major driving forces behind the growth of emergency ambulance services. North America dominated the market in 2024, led by technological advancements in medical equipment.

Category: Laboratory Equipment Insight Code: 6165 Format: PDF / PPT / Excel

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.

Ambulance Equipment Market Size 2024 to 2034

The ambulance equipment market is accelerated by its immense potential in patient handling, medical transport, patient monitoring, and patient care. These advancements in various equipment include stretchers, first-aid, immobilization, oxygen delivery, airway management, suction, and diagnostics. This market revolves around specialized ambulances like air ambulances, neonatal ambulances, and 5G premium ICU ambulances. The emergency services are provided for cardiac support, a ventilator, medications, fluids, connectivity, and data.

Key Takeaways

  • Ambulance equipment market to crossed USD 5.12 billion by 2024.
  • Market projected at USD 7.05 billion by 2034.
  • CAGR of 3.24% expected in between 2025 to 2034.
  • North America dominated the ambulance equipment market in 2024 and held a major revenue share of approximately 41%.
  • Asia-Pacific is expected to witness the fastest growth during the predicted timeframe of 2025-2034.
  • By equipment type, the patient handling equipment segment dominated the market in 2024 with a significant revenue share of approximately 37%.
  • By equipment type, the diagnostic & monitoring equipment segment is expected to grow at the fastest CAGR during the forecast period.
  • By vehicle type, the ground ambulances segment dominated the market in 2024 with a revenue share of approximately 72%.
  • By vehicle type, the air ambulances segment is expected to witness the fastest growth during the forecast period.
  • By application, the emergency care segment dominated the ambulance equipment market in 2024 with a revenue share of approximately 49%.
  • By application, the neonatal & pediatric care segment is expected to witness the fastest growth during the forecast period.
  • By end user, the emergency medical services (EMS) providers segment dominated the market in 2024 with a revenue share of approximately 45%.
  • By end user, the home healthcare & private ambulance services segment is expected to witness the fastest growth during the forecast period.

Quick Facts Table

Table Scope
Market Size in 2025 USD 5.28 Billion
Projected Market Size in 2034 USD 7.05 Billion
CAGR (2025 - 2034) 3.24%
Leading Region North America 41%
Market Segmentation By Equipment Type, By Vehicle Type,  By Application, By End User, By Region
Top Key Players Stryker Corporation, Ferno-Washington, Inc., Hill-Rom Holdings (Baxter International), Medtronic plc, Philips Healthcare, GE HealthCare, Smiths Medical (ICU Medical), Zoll Medical Corporation (Asahi Kasei Group), Mindray Medical International, Drägerwerk AG & Co. KGaA, Schiller AG, Allied Healthcare Products Inc., Ambu A/S, Medline Industries, Weinmann Emergency Medical Technology, Getinge AB, Nihon Kohden Corporation, Hamilton Medical, Laerdal Medical, Cardinal Health

What is the Ambulance Equipment Market?

The ambulance equipment market includes a wide range of medical devices, life-support systems, and patient-handling tools used in ambulances to provide emergency medical care and transportation. This includes equipment for resuscitation, monitoring, infection control, diagnostic support, and patient transfer. Demand is driven by increasing emergency cases (road accidents, cardiac arrests, trauma), rising geriatric population, growing investments in emergency medical services (EMS), and technological advancements such as portable monitoring systems and telemedicine-enabled ambulances.

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.

What is the Role of AI in the Ambulance Equipment Market?

Artificial intelligence is crucial in optimizing emergency medical responses, diagnostic support, and remote monitoring. The improved allocation of emergency resources and reduction of patient mortality are driven by the adoption of telemedicine, predictive models, and AI-driven triage systems.

Market Dynamics

Driver

What are the Major Drifts in the Ambulance Equipment Market?

The connected and smart ambulances, telemedicine, AI, and wearable health technology have transformed ambulances into mobile intensive care units. Advancements in equipment include point-of-care diagnostics, automated patient handling, advanced life support equipment, and portability.

Restraint

What are the Potential Challenges in the Ambulance Equipment Market?

There are financial and operational challenges, which include rising operational costs, budget issues, and supply chain volatility. Sometimes, there is a shortage of skilled personnel, staff burnout, and high costs of training.

Opportunity

What is the Future of the Ambulance Equipment Market?

The favorable opportunities revolve around technologies and connectivity, which include integrated telemedicine, 5G-enabled devices, wireless vital sign monitoring, etc. There are exciting innovations in specialized equipment, including advanced patient handling systems, burn care equipment, and specialized pediatric and neonatal tools.

Segmental Insights

How does the Patient Handling Equipment Segment Dominate the Ambulance Equipment Market in 2024?

The patient handling equipment segment dominated the market in 2024, owing to the exciting advantages such as improved patient safety, patient comfort, and enhanced mobility. This equipment maintains dignity in patient care and improves patient outcomes. It reduces the risk of injury and supports an aging workforce.

The diagnostic & monitoring equipment segment is expected to grow at the fastest CAGR in the market during the forecast period due to its integral part in providing accurate data for diagnosis and enabling early disease detection. It supports personalized medicine approaches and speeds up patient care. It can better manage chronic diseases and ensure patient safety.

What made Ground Ambulances the Dominant Segment in the Ambulance Equipment Market in 2024?

The ground ambulances segment dominated the market in 2024, owing to their primary roles in emergency response, transportation, and non-emergency medical transportation. They provide immediate care and enable scheduled transfers and inter-facility transfers. They are popular due to greater accessibility, cost-effectiveness, and continuity of care.

The air ambulances segment is expected to grow at the fastest CAGR in the market during the forecast period due to their major driving performance in emergency response and access to remote areas. They facilitate specialized hospital transfers and advanced medical care during transit. They are ideal solutions for the rapid medical transport of injured or critically ill patients.

How did the Emergency Care Segment Dominate the Ambulance Equipment Market in 2024?

The emergency care segment dominated the market in 2024, owing to the critical assistance of ambulance equipment for life support in the form of defibrillators, oxygen therapy systems, suction units, and intravenous equipment. Certain equipment, like patient monitors, electrocardiogram (ECG) machines, pulse oximeters, and glucometers, helps in patient assessment and monitoring. The equipment for trauma and stabilization includes first-aid, trauma kits, burn kits, etc., which also provide immediate patient care.

The neonatal & pediatric care segment is expected to grow at the fastest CAGR in the market during the forecast period due to the pivotal role of ambulance equipment like transport incubator and radiant warmer for temperature regulation in neonatal care. The market is expanding with equipment like a cardiac monitor with pediatric capabilities and a portable ventilator, which provide advanced life support in pediatric care. The laboratory equipment is specialized with safety features, seamless transport, power backup, and gas supplies, essential for neonatal & pediatric care.

Which Segment by End User Dominated the Ambulance Equipment Market in 2024?

The emergency medical services (EMS) providers segment dominated the market in 2024, owing to their key role in immediate response, emergency medical care, communication, and coordination. They are expanding their positions beyond traditional ways of action by serving more in mental and behavioral health and community paramedicine. They contribute to disaster management and public health surveillance.

The home healthcare & private ambulance services segment is expected to grow at the fastest CAGR in the market during the forecast period due to key functions of home healthcare in providing personalized care and delivering required therapies. The private ambulance services offer non-emergency transport and on-site medical coverage. These services lower infection risk and offer a comfortable environment to patients.

Regional Insights

Ambulance Equipment Market Share, By Region, 2024 (%)

How does North America dominate the Ambulance Equipment Market in 2024?

North America dominated the market share 41% in 2024, owing to the high EMS expenditure, advanced ambulance fleets, and strong infrastructure. The North American government programs took several initiatives towards integrating technologies and adopting fleet modernization, especially in the U.S. and Canada. They made efforts to improve efficiency, response times, and patient care. The federal programs and public-private partnerships revolutionized the medical equipment sector across the region. The rising investments in the Advanced Life Support (ALS) Equipment ensure robust support for innovations.

  • In May 2024, the American Hospital Association reauthorized the emergency medical services for children program through which it aims to provide funding for training and equipment to help paramedics and hospitals treat pediatric emergencies.

U.S. Ambulance Equipment Market Trends

In July 2025, the Army reported its transformative efforts to fill the gaps between medical maintenance support and operational units, which include the U.S. Army Medical Materiel Agency’s Medical Maintenance Operations Division.

Canada Ambulance Equipment Market Trends

The Government of Canada recognized the 2024-2025 emergency management of medical services to protect people, property, and the environment. The other major rationales behind the growth of the Canadian market are community paramedicine funding, federal funding, healthcare funding, and favorable initiatives.

What is the Potential of the Ambulance Equipment Market in the Asia Pacific?

Asia Pacific is expected to grow at the fastest CAGR in the market during the forecast period due to rising investments in emergency care, road safety initiatives, and growing demand in India, China, and Japan. In February 2025, Nepal announced its aim to strengthen emergency care systems with the global emergency and trauma care initiative of the World Health Organization (WHO).

The major government programs of Asia and the Pacific focused on advancing and expanding ambulance services through increased funding, technology integration, and new fleets. The Asia Pacific region focuses on local production and MedTech expansion. The public hospital funding initiatives boost hospital healthcare and improve the efficiency of emergency medical services.

  • In January 2025, ZENZO launched India’s largest AI-powered ambulance network, which focuses on emergency care and is inspired by Prime Minister Shri Narendra Modi’s vision of One Nation, One Number.

India Ambulance Equipment Market Trends

The National Ambulance Services (NAS) Scheme introduced by the Indian Government accounts for 15,283 Basic Life Support Units, 3,918 Patient Transport Vehicles, and 3,044 Advanced Life Support vehicles as of June 2024.

This initiative was launched by the Ministry of Health and Family Welfare as part of the National Health Mission (NHM). It aims to ensure a balanced and effective response to healthcare needs. It has reported one Advanced Life Support (ALS) ambulance for every 500,000 people and one Basic Life Support (BLS) ambulance for every 100,000 people.

China Ambulance Equipment Market Trends

China has adopted a new strategy to advance high-end medical devices by 2025 to boost industrial innovations and global competitiveness. In April 2024, China announced an action plan to upgrade industrial equipment.

China recently planned to increase its funding support for equipment upgrades and consumer goods trade-in programs.

How is the Notable Growth of Europe in the Ambulance Equipment Market?

Europe is expected to grow at a notable rate in the market in 2024. This regional growth is attributed to the strong government-backed EMS networks (U.K., Germany, France). The European Union provides funding for emergency services and has set an emergency medical teams action plan. The EU conducts national ambulance equipment programs across European countries like Italy, Germany, Poland, France, and Spain. The EU-funded programs raise the ambulance equipment and emergency medical services through improved preparedness, technologies, and fleet renewal.

Germany Ambulance Equipment Market Trends

The World Health Organization (WHO), in collaboration with the Government of Germany, donated 20 ambulances to Ukraine to ensure emergency care provision during medical transportation. In January 2025, Germany launched a transformative action plan for inclusive and barrier-free healthcare. In July 2025, the German Federal Ministry for Transport launched a new nationwide funding call to accelerate zero-emission technology through bus fleets by providing essential support to public transport operators across the country.

France Ambulance Equipment Market Trends

France increased hospital funding in 2025 for all facilities in the public and private sectors. It will support pediatrics, major surgical and medical procedures, transplants, etc. France focuses on sustainability, general healthcare reforms, and investments.

Top Companies in the Ambulance Equipment Market

Ambulance Equipment Market Companies

  • Stryker Corporation
  • Ferno-Washington, Inc.
  • Hill-Rom Holdings (Baxter International)
  • Medtronic plc
  • Philips Healthcare
  • GE HealthCare
  • Smiths Medical (ICU Medical)
  • Zoll Medical Corporation (Asahi Kasei Group)
  • Mindray Medical International
  • Drägerwerk AG & Co. KGaA
  • Schiller AG
  • Allied Healthcare Products Inc.
  • Ambu A/S
  • Medline Industries
  • Weinmann Emergency Medical Technology
  • Getinge AB
  • Nihon Kohden Corporation
  • Hamilton Medical
  • Laerdal Medical
  • Cardinal Health

Latest Announcements by Industry Leaders

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.

Recent Developments in the Ambulance Equipment Market

  • In June 2025, Philips Healthcare launched the Flash Ultrasound System 5100 POC, a point-of-care (POC) ultrasound system to meet the emerging needs for critical care, emergency medicine, anesthesia, and musculoskeletal imaging.
  • In July 2024, GE Healthcare announced an agreement to acquire the clinical artificial intelligence business from Intelligent Ultrasound to improve workflows and enhance the ease of patients and clinical practice.

Segments Covered in the Report

By Equipment Type

  • Patient Handling Equipment
    • Stretchers (manual, powered, bariatric)
    • Stair Chairs
    • Wheelchairs & Transport Chairs
  • Transport Ventilators
  • Defibrillators & Cardiac Monitors
  • Infusion & Syringe Pumps
  • First Aid Kits & Infection Control Supplies
  • Diagnostic & Monitoring Equipment
    • Portable ECG/EKG
    • Blood Pressure Monitors
    • Pulse Oximeters
    • Ultrasound & Point-of-Care Devices

By Vehicle Type

  • Ground Ambulances
    • Basic Life Support (BLS) Ambulances
    • Advanced Life Support (ALS) Ambulances
    • Neonatal Ambulances
  • Air Ambulances
    • Rotary Wing (Helicopters)
    • Fixed Wing (Airplanes)
  • Water Ambulances

 By Application

  • Emergency Care
    • Trauma & Accident Response
    • Cardiac Arrest & Stroke Care
  • Patient Transport
  • Intensive & Critical Care
  • Neonatal & Pediatric Care

 By End User 

  • Emergency Medical Services (EMS) Providers
  • Hospitals & Clinics
  • Military & Defense Medical Units
  • Home Healthcare & Private Ambulance Services

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 16 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The ambulance equipment market stands at USD 5.28 billion in 2025 and is expected to reach USD 7.05 billion by 2034, growing at a CAGR of 3.24% from 2024 to 2034.

North America is currently leading the ambulance equipment market share 41% due to technological innovation and the robust growth of the economy and policies.

The ambulance equipment market includes 5 segments such as equipment type, vehicle type, application, end user, and region.

Key trends include 5G connectivity, telemedicine, electronic patient care reporting, and smart vehicle technology.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, National Health Mission.