2024 will be transformative for MeduLance
remote monitoring and real-time data transmission , providing critical insights to hospital teams en route , ultimately saving crucial time and offering informed care upon arrival . Growing our B2B reach this year , we provided comprehensive emergency medical solutions to enterprises like HCL , JP Morgan , and PSUs like NTPC and Coal India . In addition , we initiated a new business vertical this year , spreading our medical services to major events such as the ICC Men ' s Cricket World Cup , Zomaland PAN India , Uttar Pradesh T20 Cricket League . Consequently , our revenue soared to an impressive 27 crores over the past 12 months , shining light on our exceptional service . Also , we were recognised as the “ Most Innovative 5G Use Case Deployed of the Year ” at the India Mobile Congress in 2023 and received the prestigious “ National Startup Award ”.
With a vast fleet of over 10,000 ambulances operational across 500 + cities and a dedicated call center managing over 6000 calls daily , we have reached and impacted over one crore of users , solidifying our commitment to safeguarding public health and safety in every corner of India .
2024 will be transformative for MeduLance
Driven by profitability for the last four years , our steady growth trajectory has propelled the company to emerge as a significant player in the Indian ambulance industry ( worth USD 1.5 billion ), capturing around 2 % of the Total Addressable Market ( TAM ). Our goal is ambitious — expanding our penetration to over 10 % within the next three years , aligning with the projected 5.12 % CAGR of the industry over the next five years .
To achieve this goal , in 2024 , our ambitions at MeduLance will focus on expanding our global footprint while solidifying our home base in India . We believe that our overarching mission to save lives transcends borders . Primarily , we aim to extend our proprietary technology and 5G ambulances to the Asian market , building robust partnerships and infrastructure within those countries .
We are eager to engage and collaborate with esteemed dignitaries across the globe , sharing insights and knowledge . Furthermore , the latest 5G technology opened an exciting door for us . This development has enabled us to deploy advanced ambulances to more locations , especially in remote areas where they are functioning as comprehensive Mobile Medical Units . In addition , we aim to expand our emergency medical operations to more Indian states , supporting our B2B vertical and catering to major events with comprehensive medical solutions . We are also venturing into the EMT training segment , intending to establish a premier emergency response institution to nurture the finest EMTs in the country . Next year will be transformative for MeduLance — a year of expansion , collaboration , and pioneering advancements in emergency medical services .
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