Ambulance Cot Market

Ambulance Cot Market Outlook (2024 to 2034)

Increasing cases of cardiovascular disease-related emergencies, including heart attacks, are driving the need for more ambulances and ambulance cots, with the market valued at US$ 786.3 million in 2024. The global ambulance cot market size is projected to advance at a CAGR of 3.7% and reach US$ 1.13 billion by the end of 2034.

Steady growth projections have been made for the ambulance cot market size going forward. Ambulance cots are utilized to transport patients in ambulances who need immediate medical care. They are used extensively in ambulances to carry patients for non-emergency as well as emergency cases.

Rising healthcare expenditure and a growing population of elderly people, driving increased demand for healthcare services due to their weaker immune systems, are set to generate higher requirements for ambulance stretchers.

• Worldwide demand for manual ambulance cots is anticipated to increase at a CAGR of 3.5% and reach a value of US$ 543.3 million by 2034.
• South Asia & Pacific is projected to account for 21.2% of the global ambulance cot market share by the end of 2034.
• Hospitals are forecasted to hold 34.1% share of global market revenue by 2034-end.

Increasing healthcare expenditure by more individuals to get access to advanced healthcare facilities is set to have a positive impact on the ambulance cot market growth in the coming 10 years. In addition, favorable conditions, including the launch and use of private EMS services, growing funding to increase the count of ambulances to match their demand, etc. are contributing to the global market growth opportunities.

Availability of unauthorized ambulance services is also estimated to work effectively to match the growing demand for respective services. Moreover, an expansion of medical tourism is also projected to favor demand for ambulance cots to deal with emergencies.

Report Attributes	Details
Ambulance Cot Market Size (2024E)	US$ 786.3 Million
Forecasted Market Value (2034F)	US$ 1.13 Billion
Global Market Growth Rate (2024 to 2034)	3.7% CAGR
Market Share of Emergency Cots (2034F)	58.5%
South Korea Market Growth Rate (2024 to 2034)	4.2% CAGR
North America Market Share (2034F)	34.6%
Key Companies Profiled	Hausted Patient Handling Solutions Stryker Pedigo USA Amico Ferno EMS Hill-Rom Spencer India Technologies Pvt. Ltd.

What is Responsible for Increasing Demand for Ambulance Cots?

“Growing Count of Ambulance Service Providers Driving Ambulance Cot Demand”

In most countries, the public sector is offering ambulance services. However, some private ambulance service providers are also set to play a vital role in this field. Constant development along with the adoption of air ambulances across potentially high growth markets, including Brazil, India, etc. is estimated to lead to an increased scope for numerous private air ambulance providers.

In certain countries, such as the United States, the prices of private ambulance services are comparatively lower, which leads to increased demand and subsequently drives sales of ambulance cots. Furthermore, an inclination to air ambulance services across more regions is set to contribute to the demand for pneumatic and electric ambulance cots.

What Can Limit Demand Growth for Ambulance Cots?

“Higher Prices for Emergency Services”

Ambulance cot manufacturers need to adhere to certain stringent regulations implemented by respective government bodies. This is resulting in the higher cost of final products. In addition, with some added prices of essential paramedics and equipment, the end prices of ambulance rides reach high. Therefore, with low reimbursement facilities, the demand for ambulance cots is restrained due to their higher prices.

How are New Companies Strategizing in This Business Space?

“Leveraging Opportunities Created with Growing Investments in Healthcare Sector”

Increasing expenditure in the healthcare sector by more governments around the world is projected to lead to ambulances and paramedics being prepared during time-critical emergencies. This is estimated to lead to the adoption of ambulance services, which ultimately increase demand for cots. New players are expected to leverage this opportunity by offering more efficient and reliable solutions.

Country-wise Insights

Fact.MR, a market research and competitive intelligence provider, in its recently updated report, asserts that North America is estimated to hold a share of 34.6% of global market revenue by 2034. Prominence of the region in the global market is attributed to the expertise possessed by regional governments in ambulance cots. In addition, the availability of ample resources in North America is also driving market growth.

Why are Manufacturers of Ambulance Costs Investing in the United States?

“Lowering Prices of Ambulance Services Increasing Adoption of Supportive Facilities”

Attribute	United States
Market Value (2024E)	US$ 245.5 Million
Growth Rate (2024 to 2034)	4.5% CAGR
Projected Value (2034F)	US$ 379.9 Million

The United States is a prominent revenue contributor to the North American market with an expectation of holding a share of 84.7% by the end of 2034. Several private ambulance service providers are offering ambulance facilities at comparatively lower rates, which is further driving demand for ambulance cots in the country.

Which Aspects are Driving Demand for Ambulance Cots in China?

“Rising Population of Geriatric People Suffering Multiple Health Issues”

Attribute	China
Market Value (2024E)	US$ 65.1 Million
Growth Rate (2024 to 2034)	5.2% CAGR
Projected Value (2034F)	US$ 108.4 Million

China is approximated to hold 52.7% share of the East Asian market by the end of 2034. The availability of ambulance services, which include not only government but also private providers is expected to widen opportunities for players. Moreover, the rising population of aging people in the region is also contributing to the demand for ambulance cots as they are more prone to various health issues and need frequent medical assistance.

Category-wise Insights

Emergency and transport are two types of ambulance cots used prominently in the healthcare industry. Between these two, the worldwide demand for emergency cots is anticipated to increase at a CAGR of 3.7% and reach a valuation of US$ 663.3 million by 2034-end. Growing cases of accidents are generating demand for emergency ambulatory services to offer immediate relief and provide initial medical services, which is generating requirements for emergency cots for the transportation of patients.

Why is There Substantial Use of Manual Ambulance Cots?

“User-friendly Features of Manual Cots”

Attribute	Manual Cots
Segment Value (2024E)	US$ 383.6 Million
Growth Rate (2024 to 2034)	3.5% CAGR
Projected Value (2034F)	US$ 543.3 Million

Manual cots are projected to account for 47.9% share of the global market by the end of 2034, as asserted in the research report published by Fact.MR. Some of these cots are available with retractable head sections for improved mobility to be used in numerous emergency scenarios. In addition, their durability and easy handling features are contributing to increased adoption across healthcare settings.

Which End User Accounts for Higher Revenue Generation?

“High Use of Ambulance Cots in Hospitals Settings for Offering Emergency Healthcare Facilities”

Attribute	Hospitals
Segment Value (2024E)	US$ 267.5 Million
Growth Rate (2024 to 2034)	3.8% CAGR
Projected Value (2034F)	US$ 386.5 Million

EMS service providers, ambulatory service centers, and hospitals are some of the prominent end users of ambulance cots. Among these, hospitals are forecasted to hold 34.1% share of global revenue by the end of 2034. This is due to the growing cases of critical illnesses and trauma around the world. Ambulance cots are utilized for transporting patients with severe injuries or critical illness, requiring immediate care. Moreover, a rising count of road accidents along with rising cases of chronic diseases, including heart diseases, diabetes, respiratory diseases, etc., are set to positively influence the ambulance cot market trends in the coming decade.

Competitive Landscape

Manufacturers of ambulance cots are focusing on the expansion of their footprints across more regions and entering into untapped markets. Partnerships, collaborations, mergers, etc. are some of the prominent strategies adopted by the global market players to get a competitive edge. In addition, maintaining product quality, new product development, and management of the supply chain are some other initiatives undertaken by companies dealing in ambulance cots.

Key players in the ambulance cot market are Hausted Patient Handling Solutions, Stryker, Pedigo USA, Amico, Ferno EMS, Hill-Rom, and Spencer India Technologies Pvt. Ltd.

Segmentation of Ambulance Cot Market Research

• By Product :

  • Emergency Cots
  • Transport Cots

• By Technology :

  • Manual Cots
  • Pneumatic Cots
  • Electric Cots

• By End User :

  • EMS Service Providers
  • Hospitals
  • Ambulatory Service Centers

• By Region :

  • North America
  • Europe
  • East Asia
  • Latin America
  • Middle East & Africa
  • South Asia & Oceania