Saudi Arabia Ambulance Services Market Expected to Reach USD 564 Million by 2030 | Infinium Global Research

The Saudi Arabia ambulance services market, valued at USD 295.3 million in 2022, is poised for substantial growth and is projected to reach USD 564 million by 2030, with a robust CAGR of 9.68% during the forecast period. This remarkable expansion is driven by several key factors, including the increasing geriatric population, a surge in the prevalence of chronic diseases such as cancer and diabetes, and complex medical needs. Furthermore, the market comprises both private and public operators offering transportation services to medically ill patients, either by air or surface, along with primary medical care. Equipped with life-saving devices operated by healthcare professionals, these ambulances play a crucial role in addressing the healthcare needs of the population.

Additionally, the rising number of road traffic accidents in Saudi Arabia contributes significantly to market growth. The country has one of the highest death rates from traffic accidents among high-income nations. The popularity of air ambulance services and a growing number of patients with private health insurance are also expected to fuel further market expansion. However, the sector faces challenges related to paramedic safety in ambulances and the risk of medication errors by pharmaceutical professionals. Nonetheless, technological advancements and the entry of new ambulance service providers offer growth opportunities for the Saudi Arabia ambulance services market in the years to come.

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Demographic Transition and Prevalence of Chronic Diseases

Saudi Arabia is currently undergoing a significant demographic transition. The United Nations Population Fund (UNFPA) predicts a fivefold increase in the population aged 60 and older, from 2 million in 2020 to 10.5 million by 2050, accounting for 23.7% of the total population. Concurrently, the country has witnessed a notable increase in the prevalence of chronic diseases, including diabetes, hypertension, heart disease, cancer, genetic blood abnormalities, and obesity. According to surveys conducted by the Kingdom of Saudi Arabia and the Institute for Health Metrics and Evaluation, these chronic health issues have been on the rise for the past two decades. Notably, the prevalence of diabetes in Saudi Arabia is estimated at 17%, while heart diseases are growing at an average yearly rate of 5.3%. The ambulance services market in Saudi Arabia is experiencing robust growth due to the increasing incidence of chronic diseases and the complex medical needs associated with them.

Road Safety Concerns and Traffic Accidents

Road safety is a paramount concern in Saudi Arabia, with road injuries being the second most common cause of mortality in the nation and the leading cause of premature death. According to the Global Status Report on Road Safety 2018, Saudi Arabia has the highest death rate from traffic accidents among high-income countries. The country heavily relies on automobiles for transportation both within and between cities, with over 6 million cars estimated to be on Saudi Arabian roads. Road traffic injuries (RTIs) account for 81% of hospital mortality, with RTAs causing 86,000 fatalities, 611,000 injuries, and 7% permanent disability in the past two decades. Furthermore, road traffic crashes (RTCs) contribute significantly to morbidity and mortality in comparison to other diseases. The most recent data from the World Health Organization (WHO) reveals that 9.19% of all fatalities in Saudi Arabia in 2020 were a result of road traffic accidents. With the high rate of road traffic accidents, the demand for ambulance services is consistently on the rise, further propelling market growth.

Challenges Faced by Paramedics and Medication Errors

Working in an ambulance requires dealing with traumatic and occasionally powerless situations, which can lead to dissatisfaction and overburdening among paramedics. This can have a direct impact on the effectiveness of ambulance services. Research has highlighted that one of the significant challenges paramedics faces is their location, as areas lacking ambulance centers experience higher demand and slower response times. Improving the physical and mental health of paramedics is crucial for enhancing ambulance services in Saudi Arabia, recognizing and addressing the difficulties they encounter during and after incidents.

New Entrants and Technological Advancements

The Saudi Arabia ambulance services market has witnessed the entry of new service providers during and after the pandemic, creating opportunities for growth. For example, Saudi Response Plus Medical (Saudi RPM) has announced plans to purchase 50 additional ambulances for the community's healthcare system starting in October 2022. The growth strategy of Saudi RPM includes various strategic initiatives, including the establishment of a specialty medical facility with emergency medical services and a 24/7 operational command center (OCC). Additionally, the Saudi Red Crescent Authority and The Helicopter Co. have collaborated to launch an air ambulance service in Riyadh in July 2022, with plans to expand the service nationwide. This initiative will cover both on-site work and hospital transfers. In 2020, Saudi Arabia also witnessed the inauguration of its first all-female ambulance staffed by female emergency medical personnel, marking a significant development in the provision of ambulance services.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for Saudi Arabia Ambulance Services Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in Saudi Arabia Ambulance Services Market

Chapter 4 Saudi Arabia Ambulance Standards Requirements

4.1 Introduction

4.2 The List of Codes Reflecting the Different Ambulance & Transportation Services:

Chapter 5 Saudi Arabia Ambulance Services Market By Transport Vehicle

5.1 Introduction

5.1.1 Ground Ambulance

5.1.2 Water Ambulance

5.1.3 Air Ambulance

Chapter 6 Saudi Arabia Ambulance Services Market By Services

6.1 Introduction

6.1.1 Emergency medical services

6.1.2 Non-emergency medical services

Chapter 7 Saudi Arabia Ambulance Services Market By Equipment

7.1 Introduction

7.1.1 Advanced Life Support (ALS) Ambulance Services

7.1.2 Basic Life Support (BLS) Ambulance Services

Chapter 8 Company Profiling

8.1 Company Profiles of Saudi Arabia Ambulance Services Market

8.1.1 Saudi Response Plus Medical Servicesudi RPM

8.1.1.1 Overview

8.1.1.2 Company Overview

8.1.1.3 Product Portfolio

8.1.1.4 Recent Development

8.1.2 Human Care World Wide

8.1.2.1 Overview

8.1.2.2 Company Overview

8.1.2.3 Product Portfolio

8.1.3 almosef1st (The First Paramedic)

8.1.3.1 Overview

8.1.3.2 Company Overview

8.1.3.3 Product Portfolio

8.1.4 Alpha Star Air Ambulance

8.1.4.1 Overview

8.1.4.2 Company Overview

8.1.4.3 Product Portfolio

8.1.5 Fakeeh International

8.1.5.1 Overview

8.1.5.2 Company Overview

8.1.5.3 Product Portfolio

8.1.5.4 Recent Development Portfolio

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of Saudi Arabia Ambulance Services.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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