Ambulance Services Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in providing transportation of patients by ground or air, along with medical care. These services are often provided during a medical emergency but are not restricted to emergencies. The vehicles are equipped with lifesaving equipment operated by medically trained personnel.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Ambulance Services industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Ambulance Services companies in the United States.
Ambulance Services Revenue by State
Distribution by Company Size
| Company Size | All Industries | Ambulance Services |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Ambulance Services Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Ambulance Services industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Emergency patient transport by ambulance |
| Emergency patient transport - surface ambulance |
| Non-emergency patient transport by ambulance |
| Non-emergency patient transport - surface ambulance |
| Emergency patient transport - air ambulance |
| Non-emergency patient transport - air ambulance |
| Other ambulance transport contracts & other transport products |
| Resale of merchandise |
| All other operating receipts |
Salary information for employees working in the Ambulance Services industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 1% |
| Healthcare Practitioners and Technical Occupations | 73% |
| Health Technologists and Technicians | 70% |
| Emergency Medical Technicians and Paramedics | 70% |
| Emergency Medical Technicians and Paramedics | 70% |
| Office and Administrative Support Occupations | 10% |
| Transportation and Material Moving Occupations | 10% |
| Motor Vehicle Operators | 6% |
| Ambulance Drivers and Attendants, Except Emergency Medical Technicians | 5% |
| Ambulance Drivers and Attendants, Except Emergency Medical Technicians | 5% |
Government Contracts
The federal government spent an annual total of
$139,214,676 on the ambulance services industry. It has awarded 1,471 contracts to 249 companies, with an average value of $559,095 per company.
Top Companies in Ambulance Services and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
