Quick commerce model is the growth driver

Quick commerce model is the growth driver

- MANU KAUSHIK

DRIVEN BY THE rising need for prompt medical help, the emergency medical service startups are witnessing an unprecedented growth.

As per Market Business Insights, the ambulance services segment alone was valued at $1.7 billion in 2024, and it's expected to surpass $2.2 billion by 2030. The broader emergency medical services market is expected to reach over $3.5 billion by 2035.

The high growth potential of this niche segment has led to the entry of new players like Blinkit (promising 10-minute ambulance delivery service), and even the existing players are investing aggressively to increase their presence beyond the tier-I cities, and into newer verticals and technologies.

For a majority of private hospitals, the emergency response segment, which largely consists of ambulance services, has never been their core business area. This resulted in sub-optimal investments in emergency infrastructure and staff training by both private and government hospitals.