South East Asia Ambulance Services Market Size, Share & Trends Analysis Report By Transport Vehicles (Ground Ambulance, Air Ambulance, Water Ambulance), By Emergency Services, By Equipment, By Country, And Segment Forecasts, 2023 - 2030

Report Overview

The Southeast Asia ambulance services market size was valued at USD 1.09 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.11% from 2023 to 2030. The growth of the market is attributed to the factors such as the rising road traffic accidents, increasing burden of chronic conditions and technological advancements. For instance, according to the Thailand Road Accidents Data Centre for Road Safety Culture (ThaiRSC), in 2022 about 939,713 road traffic accidents were reported in Thailand. Furthermore, the rising medical tourism, higher healthcare costs, and the availability of reimbursement schemes are expected to increase demand for ambulance services in the region over the forecast period.

Increasing prevalence of chronic diseases in South East Asia such as diabetes, cancer, hypertension, cardiovascular disorders, neurological diseases and others are expected to contribute to the markets growth. Several factors contribute to this rise of chronic disorders which include, aging population, changing lifestyles, urbanization and air pollution, tobacco use, infectious disease transition and genetic predisposition. Thus the increasing prevalence of chronic disorders demand for ambulance services.

Many countries in the region have been investing in their healthcare infrastructure, including emergency medical services. This improvement has led to increasing demand for better-equipped ambulances and trained medical personnel, making ambulance services a more reliable and effective option during medical emergencies. Increasing public awareness about the importance of seeking medical assistance during emergencies has encouraged people to call for ambulance services rather than attempting to transport patients to hospitals themselves. Additionally, the availability of emergency helplines and easy access to ambulance services is boosting the market growth.

Transport Vehicle Insights

The ground ambulance segment dominated the market and held the largest revenue share of 57.14% in 2022, owing to several advantages of ground ambulances over water and air ambulance which include, accessibility, cost-effectiveness, stability and safety, no need for landing zones or ports, and flexible routes. Ground ambulance includes motorcycle, bus, all-terrain vehicles, car/SUV, and bicycle,. Ground ambulances are used to move patients from the location of a medical emergency or accident to a hospital to receive further evaluation and medical care. They are a critical component of the emergency medical services (EMS) system and act as a bridge between the emergency site and the medical facility.

The air ambulance segment is anticipated to witness the fastest growth rate of a CAGR of 9.71% over the forecast period. Air ambulances offer several important benefits in emergency medical situations, particularly when time and distance are critical factors.Some of the key advantages of air ambulances include rapid response and time-saving, long-distance transportation, access to remote areas, avoiding road traffic and congestion, and advanced medical equipment.

Emergency Services Insights

The emergency services segment dominated the market and held the largest revenue share of 67.66% in 2022. The growth of the emergency services segment can be attributed to the prevalence of various chronic disorders, particularly cardiovascular disease. Emergency ambulance services are designed to respond to critical medical situations where immediate medical attention is required. These ambulances are equipped with advanced medical equipment and staffed with trained paramedics or Emergency Medical Technicians (EMTs) who can provide life-saving interventions and stabilize patients during transportation. Emergency ambulance services are dispatched in response to emergency helpline calls for medical emergencies such as heart attacks, severe injuries, strokes, respiratory distress, and other life-threatening conditions. The primary goal of emergency ambulance services is to transport patients quickly to the nearest appropriate medical facility for emergency care.

Nonemergency ambulance services are expected to witness a growth rate of a CAGR 8.62% during the forecast period. Non-emergency ambulance services are used for patients who require transportation to medical facilities but are not in critical condition and do not need immediate medical intervention. These ambulances are often used for scheduled medical appointments, inter-hospital transfers, outpatient procedures, or when a patient needs transportation to a medical facility and cannot use other means of transport due to their medical condition or mobility challenges.

Equipment’s Insights

The Advance Life Support (ALS) ambulance services segment dominated the market and held the largest revenue share of 67.85% in 2022. This ambulance provides a higher level of medical care and intervention compared to Basic Life Support (BLS) ambulances. ALS ambulances are equipped with advanced medical equipment and staffed with highly trained healthcare professionals, typically Paramedics or Advanced EMTs (AEMTs). These ambulances are dispatched in response to critical medical emergencies where patients require advanced medical care during transportation to the hospital. Furthermore increase in number of people suffering from cardiac arrest is expected to contribute to the segment growth. For instance, according to Singapore heart foundation, over 3,000 people in Singapore have sudden cardiac arrest each year, with more than 80% taking place in homes and public places.

During the forecast period, basic life support (BLS) is expected to expand at a CAGR of 8.50%. BLS ambulances are a type of emergency medical transportation that provides essential medical care and support to patients in non-critical conditions or stable medical situations. BLS ambulances are typically the first responders to medical emergencies and play a vital role in providing initial care and transportation to medical facilities.Key features of basic life support (BSS) ambulances include, emergency medical technicians (EMTs), basic medical equipment, cardiopulmonary resuscitation (CPR), oxygen administration and others.

Country Insights

The Malaysia dominated the market and accounted for the largest revenue share of 16.13% in 2022. This growth can be attributed due to factors such as growing demand for high quality healthcare infrastructure, presence of several major market players in this region and developing healthcare tourism in Malaysia. For instance, 1.22 million people visited Malaysia for medical treatment in 2019.

Singapore is expected to grow at the fastest CAGR of 12.07% over the forecast period. Increased government financing, an aging population, and rising healthcare costs are all expected to drive up demand for ambulance services in this nation. For instance, Singapore's population is aging quickly, with 18.4% of the population being 65 years of age or older in 2022.

Key Players & Market Share Insights

Key players are involved in adopting strategies such as merger and acquisitions, partnerships, and launching new services to strengthen their foothold in the market. For instance, in July 2023, the MUrgency ambulance operator acquires the Ziqitza Healthcare. Some of the prominent players in the South East Asia ambulance services market include.

• Hope ambulances

• Asia Medvac Services

• Prime Air Ambulances

• Medical Air Services

• First Ambulance

• Emsos Medicals

• Red Ambulance Services

South East Asia Ambulance Services Market Report Scope 

South East Asia Ambulance Services Market Report Segmentation

This report forecasts revenue growth at Southeast Asia, regional, & country levels as well as provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the South East Asia ambulance services market report on the basis of transport vehicles, emergency services, equipment’s, and region:

• Transport Vehicles Outlook (Revenue, USD Million, 2018 - 2030)

  • Ground Ambulance

  • Water Ambulance

  • Air Ambulance

• Emergency Services Outlook (Revenue, USD Million, 2018 - 2030)

  • Emergency Services

  • Non-emergency Services

• Equipment’s Outlook (Revenue, USD Million, 2018 - 2030)

  • Advance Life Support Ambulance Services (ALS)

  • Basic Life Support Ambulance Services (BLS)

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • Thailand

  • Singapore

  • Indonesia

  • Philippines

  • Malaysia

  • Vietnam

  • Myanmar

  • Laos

  • Brunei

  • Cambodia

  • Timor-Leste