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EMS (Emergency Medical Services) Vehicles Market 2030

The market for emergency medical services (EMS) vehicles is expected to grow at a CAGR of 10% during the forecast period of 2022 to 2030. Vehicles for emergency medical services are used to transfer patients to hospitals. EMS trucks for example are air-conditioned and help medical professionals and paramedics deliver essential medical care, such as intravenous therapy and oxygen. The market is anticipated to rise as a result of the rising government healthcare initiatives and sizeable investments made by various OEMs in the R&D of high-performance emergency vehicles. Additionally, it is anticipated that the increase in traffic accidents and the associated injuries and fatalities will increase demand for emergency ambulance vehicles. But some of the factors impeding the market’s expansion are the high initial manufacturing costs and high maintenance costs.  Global demand for transportation is rising as a result of an increase in medical tourism and inter-facility travel. The market for emergency medical services vehicles is also being driven by the rise in cardiovascular and chronic diseases, which are caused by stressed and sedentary lifestyles. Many customers seek medical attention and use EMS services because of increased awareness of health insurance brought on by rising income, an increase in disease incidence, and government support and reimbursement programmes for medical insurance. This in turn is stimulating the global demand for emergency medical services vehicles market.

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About 3.4 million Americans have epilepsy, according to statistics from the CDC. Similar to this, according to the Government of Canada, there were roughly 101,572 injuries in 2020. Additionally, according to UC Davis Health, incidents involving firearms result in around 39,707 fatalities in the United States. Additionally, according to a similar source, 20 million individuals in India are hospitalised for injuries like burns, falls, and road accidents. The rise in traffic accidents drives up demand for EMS Vehicles. Cardiovascular conditions include coronary artery disease, congestive heart failure, stroke, and cardiac arrest necessitate prompt emergency medical assistance. The WHO states that CVDs are the largest cause of death worldwide. Approximately 735,000 heart attacks are reported in the United States each year, according to the CDC.

A rise in the number of elderly people is anticipated to increase demand for emergency medical services vehicles. The emergency medical services vehicle market is being driven globally by advances in digital technology and increased connection that have made EMS vehicles more responsive and effective while also fostering a high level of consumer confidence. The region’s growing senior population is anticipated to fuel segment expansion. For instance, the Administration of Community Living estimates that there were 541 million seniors in the United States in 2019, including 30 million women and 24.1 million men. In the United States, this group made up around 16% of the entire population. Additionally, according to a comparable source, the U.S. geriatric population is expected to reach 80.8 million by 2040 and continue to grow to reach a total population of 94.7 million by 2060. The segment is therefore expected to experience significant expansion throughout the projected period as a result of the enormous growth in the elderly population as well as the rising number of patients who are being discharged.

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Among mode of transportation, ground-based EMS vehicles accounted for 50% of total revenue in 2021, due to feasibility and quick accessibility. However, air-based EMS vehicles to have the fastest growth during the forecast period of 2022 to 2030. Among the end user segment comprising of Hospitals & trauma centers, ambulatory surgical centres, and other end users. Hospitals & trauma centres segment led the emergency medical services vehicle market in 2021. In terms of applications, Cardiac care led the market in 2021 due to the need of cardiac devices to manage the increasing CVD patients. This segment is also anticipated to grow at the fastest rate during the forecast period. During the forecast period, the market for life support and emergency resuscitation equipment is anticipated to grow at the quickest rate.

Due to the rising need for emergency care prior to hospitalization and the rising number of emergency cases in the region, North America dominated the market for emergency ambulance vehicles in 2021. Strokes and cardiovascular emergencies have become more common over time in affluent nations like Japan and North America. As a result, EMS vehicle producers in these areas may experience growth prospects. The use of EMS trucks and the consequent rapid delivery of medical care has significantly decreased the frequency of strokes and other urgent medical concerns. As a result, the market for EMS vehicles in North America has experienced increased growth, and manufacturer attempts to support technological advancements in the EMS vehicle manufacturing process have been strengthened. One more reason for the increased use of EMS vehicles on roadways is the rise in traffic accidents around the world. The market for emergency medical services vehicles in North America and Europe is anticipated to grow as a result of strict emission standards in the automotive sector, green transportation initiatives by regional governments, and the strong demand for fuel-efficient vehicles. Due to the demand for high-quality healthcare facilities and the rising incidence of traffic accidents in the region, Asia-Pacific is predicted to have a considerable increase over the projection period of 2022 to 2030.

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The market for emergency medical services (EMS) vehicles is extremely fragmented, with leading manufacturers present everywhere. With respect to emergency medical service vehicles market key players include REV Group, Toyota, Horton, Nissan, Leader Ambulance, Demers, Fuso, Life Line Emergency Vehicles, American Expedition Vehicles (AEV), BAUS AT, Macneillie, Braun Industries, Rodriguez Lopez Auto, BHPL, JSV, Huachen, Auto Group, BYRON (ETT), GRUAU, Osage Industries, First Priority Emergency Vehicles, Lenco Armored Vehicle, Excellance and others. Key players in the emergency medical services vehicles product market the key players include GE Healthcare (US), Smith & Nephew (UK), 3M (US), Smiths Medical (UK), Becton, Dickinson (US), Johnson & Johnson (US), B. Braun (Germany), Stryker (US), Medtronic (Ireland), Asahi Kasei (Japan), Cardinal Health (US), Philips Netherlands), Smith & Nephew (UK), 3M (US), Smiths Medical (UK), B. US-born Braun and C. The major companies in this market have been recognised as R. Bard (US). These businesses have a wide range of products with in-depth features and a significant geographic presence.

Key Market Trends

  • The market for emergency medical services (EMS) vehicles is expected to grow at a CAGR of 10% during the forecast period of 2022 to 2030.
  • The market is anticipated to rise as a result of the rising government healthcare initiatives and sizeable investments made by various OEMs in the R&D of high-performance emergency vehicles. Additionally, it is anticipated that the increase in traffic accidents and the associated injuries and fatalities will increase demand for emergency ambulance vehicles.
  • Some of the factors impeding the market’s expansion are the high initial manufacturing costs and high maintenance costs. 
  • Among mode of transportation, ground-based EMS vehicles accounted for 50% of total revenue in 2021, due to feasibility and quick accessibility.
  • Air -based EMS vehicles to have the fastest growth during the forecast period of 2022 to 2030.
  • Hospitals & trauma centres segment led the emergency medical services vehicle end user market in 2021.
  • In terms of applications Cardiac care led the market in 2021 due to need of cardiac devices to manage increasing CVD patients. This segment is also anticipated to grow at the fastest rate during the forecast period.
  • During the forecast period, the market for life support and emergency resuscitation equipment is anticipated to grow at the quickest rate.
  • Due to the rising need for emergency care prior to hospitalisation and the rising number of emergency cases in the region, North America dominated the market for emergency ambulance vehicles in 2021.
  • The market for emergency medical services (EMS) vehicles is extremely fragmented, with leading manufacturers present everywhere.
  • With respect to emergency medical service vehicles market key players include REV Group, Toyota, Horton, Nissan, Leader Ambulance, Demers, Fuso, Life Line Emergency Vehicles, American Expedition Vehicles (AEV), BAUS AT, Macneillie, Braun Industries, Rodriguez Lopez Auto, BHPL, JSV, Huachen, Auto Group, BYRON (ETT), GRUAU, Osage Industries, First Priority Emergency Vehicles, Lenco Armored Vehicle, Excellance and others.
  • Key players in the emergency medical services vehicles product market the key players include GE Healthcare (US), Smith & Nephew (UK), 3M (US), Smiths Medical (UK), Becton, Dickinson (US), Johnson & Johnson (US), B. Braun (Germany), Stryker (US), Medtronic (Ireland), Asahi Kasei (Japan), Cardinal Health (US), Philips Netherlands), Smith & Nephew (UK), 3M (US), Smiths Medical (UK), B. US-born Braun and C. The major companies in this market have been recognised as R. Bard (US). These businesses have a wide range of products with in-depth features and a significant geographic presence.

Emergency Medical Services (EMS) Vehicles Market is segmented into:

ATTRIBUTEDETAILS
Research Period2020-2030
Base Year2021
Forecast Period2022-2030
Historical Year 2020
Unit USD Million
SegmentationBy Vehicle Type (2020-2030; US$ Mn)
By Application (2020-2030; US$ Mn)
By Medical Devices/Equipment (2020-2030; US$ Mn)
By End User (2020-2030; US$ Mn)
Region Segment (2020-2030; US$ Mn)
Covid-19 Impact (2020-2021; US$ Mn)

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