2024 Ambulance Services Industry Statistics Report

Ambulance Services - Market Size and Industry Forecast

The 2024 Ambulance Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Ambulance Services industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Ambulance Services - 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

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAmbulance Services
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Ambulance Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Ambulance Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Ambulance Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


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

Ambulance Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


Chief Executives0%
General and Operations Managers1%
Healthcare Practitioners and Technical Occupations73%
Health Technologists and Technicians70%
Emergency Medical Technicians and Paramedics70%
Emergency Medical Technicians and Paramedics70%
Office and Administrative Support Occupations10%
Transportation and Material Moving Occupations10%
Motor Vehicle Operators6%
Ambulance Drivers and Attendants, Except Emergency Medical Technicians5%
Ambulance Drivers and Attendants, Except Emergency Medical Technicians5%

Government Contracts

In the past, 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.

Ambulance Services and Adjacent Industries - Top Companies

($ Millions)


Ambulance Services Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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