Air Ambulance Services Market: By Ambulance Type (Fixed Wing Air Ambulance Services, Rotary Wing Air Ambulance Services), By Service Type (Hospital Based Services, Community Based Services, Others), and Geography

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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.

Air Ambulance Services Market Summary

Study Period

2023-29

Base Year

2022

CAGR

9.2%

Largest Market

North America

Fastest Growing Market

Europe
Air Ambulance Services Market Dynamics

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.

Key Features of the Reports

  • The air ambulance services market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Air Ambulance Services Market Segmentation

By Ambulance Type
  • Fixed Wing Air Ambulance Services
  • Rotary Wing Air Ambulance Services
By Service Type
  • Hospital-Based Services
  • Community-Based Services
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Frequently Asked Questions

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

  • 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.)