- Fixed Wing Air Ambulance Services
- Rotary Wing Air Ambulance Services
Air Ambulance Services Market size was valued at USD 4.8 billion in 2022 and is expected to reach USD 8.53 billion by 2028 at a significant CAGR of 9.2% from 2023-2029. Air ambulance services are the advanced and sophisticated medical services provided in medical emergencies. These are commonly used to on-time medical treatment for patients with chronic illness, and accident victims. Air ambulances are designed with medical accessories and equipment such as vital signs monitoring devices, electrocardiogram, oxygen cylinders, and stretchers, along with skilled medical professionals to provide initial medical care to victims. Air ambulance services are used to reach the remote areas where the problems faced with road ambulance service within a short period of time.
Increase in the prevalence of chronic diseases such as cardiovascular diseases that require emergency treatment, rise in awareness about air ambulance services, rise in demand for medical tourism, and technological advancements in the air ambulance services are anticipated to fuel during the forecast period. Moreover, government support for providing better treatment in emergency conditions such as wars, favorable reimbursement policies, and increase in healthcare expenditure spur the growth of air ambulance services market. However, high cost of services, chances of air ambulance accident, high initial capital investments, and lack of proper communications are anticipated to restrain the growth of air ambulance services market over the forecast years.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the prevalence of chronic diseases that require emergency medical treatment is a major factor driving the growth of Air Ambulance Services Market. Most of the market players providing faster and better services in the emergency conditions. The service providers are focusing on the development of medical technologies to provide intensive care for critical patients to inter-transfer in healthcare units. Moreover, newer air ambulances are equipped with night vision devices, searchlights, improved speed system, flight data monitoring systems, and other equipment to provide the better services including in late hours. In addition, acquisitions and collaborations between the market players expected to spur the revenue growth of air ambulance services market. For instance, in May 2015, Reach Air Medical Services acquired Summit Air Ambulance for expansion of air ambulance services in three more states in U.S. Similarly, in March 2017, European Air Ambulance collaborated with US and Mexico based Airlink Air Ambulance for providing better services in Latin America.
The Air ambulance services market size was valued at USD 4.8 billion in 2022.
The key segments covered in the air ambulance services market are technology, components, application, and end-users.
The Air ambulance services market key players are PHI Air Medical (U.S.), Express Aviation Services (U.S.), REVA Air Ambulance (U.S.), AMR Air Ambulance (U.S.), Falck Danmark A/S (Denmark), Lifeguard Air Ambulance (U.S.), Envision Healthcare Companies (U.S.), Air Methods (U.S.), AirMed International LLC (U.S.), European Air Ambulance (Luxembourg), USMX AirLink L.C. (U.S.), REACH Air Medical Services (U.S.)
1. Executive Summary
2. Global Air Ambulance Services Market Introduction
2.1. Global Air Ambulance Services Market Taxonomy
2.2. Global Air Ambulance Services Market Definitions
2.2.1. Ambulance Type
2.2.2. Service Type
3. Global Air Ambulance Services Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Air Ambulance Services Market Dynamic Factors - Impact Analysis
3.6. Global Air Ambulance Services Market Competition Landscape
3.7. Epidemiology
4. Global Air Ambulance Services Market Analysis,2018-2022 and Forecast, 2023-2029
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market opportunity analysis
5. Global Air Ambulance Services Market, By Ambulance Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1. Fixed Wing Air Ambulance Services
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Rotary Wing Air Ambulance Services
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Air Ambulance Services Market Forecast, By Service Type,2018-2022 and Forecast, 2023-2029
6.1. Hospital-Based Services
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Community-Based Services
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Others
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Air Ambulance Services Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Region, 2023-2029
8. North America Air Ambulance Services MarketAnalysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
8.1. Ambulance Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
8.1.1. Fixed Wing Air Ambulance Services
8.1.2. Rotary Wing Air Ambulance Services
8.2. Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Hospital-Based Services
8.2.2. Community-Based Services
8.2.3. Others
8.3. Country Analysis 2016 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. U.S.
8.3.2. Canada
8.4. North America Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Country, 2023-2029
8.5. North America Air Ambulance Services Market Dynamics Trends
9. Europe Air Ambulance Services Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
9.1. Ambulance Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Fixed Wing Air Ambulance Services
9.1.2. Rotary Wing Air Ambulance Services
9.2. Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Hospital-Based Services
9.2.2. Community-Based Services
9.2.3. Others
9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Country,2023-2029
9.5. Europe Air Ambulance Services Market Dynamics Trends
10. Asia-Pacific Air Ambulance Services Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
10.1. Ambulance Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Fixed Wing Air Ambulance Services
10.1.2. Rotary Wing Air Ambulance Services
10.2. Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Hospital-Based Services
10.2.2. Community-Based Services
10.2.3. Others
10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Country,2023-2029
10.5. Asia-Pacific Air Ambulance Services Market Dynamics Trends
11. Latin America Air Ambulance Services Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
11.1. Ambulance Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Fixed Wing Air Ambulance Services
11.1.2. Rotary Wing Air Ambulance Services
11.2. Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Hospital-Based Services
11.2.2. Community-Based Services
11.2.3. Others
11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Venezuela
11.3.5. Rest of Latin America
11.4. Latin America Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Country,2020 2026
11.5. Latin America Air Ambulance Services Market Dynamics Trends
12. Middle East and Africa Air Ambulance Services Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
12.1. Ambulance Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Fixed Wing Air Ambulance Services
12.1.2. Rotary Wing Air Ambulance Services
12.2. Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Hospital-Based Services
12.2.2. Community-Based Services
12.2.3. Others
12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Air Ambulance Services Market - Opportunity Analysis Index, By Ambulance Type, By Service Type and Country,2023-2029
12.5. MEA Air Ambulance Services Market Dynamics Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Ambulance Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. PHI Air Medical (U.S.)
13.2.2. Express Aviation Services (U.S.)
13.2.3. REVA Air Ambulance (U.S.)
13.2.4. AMR Air Ambulance (U.S.)
13.2.5. Falck Danmark A/S (Denmark)
13.2.6. Lifeguard Air Ambulance (U.S.)
13.2.7. Envision Healthcare Companies (U.S.)
13.2.8. Air Methods (U.S.)
13.2.9. AirMed International, LLC (U.S.)
13.2.10. European Air Ambulance (Luxembourg)
13.2.11. USMX AirLink L.C. (U.S.)
13.2.12. REACH Air Medical Services (U.S.)
14. Research Methodology
15. Key Assumptions and Acronyms