According to Custom Market Insights, the global air ambulance market was worth around USD 5 billion in 2021 and is predicted to grow to around USD 10 billion by 2030, with a compound annual growth rate (CAGR) of roughly 8.7% between 2022 and 2030. The report analyses the air ambulance market’s drivers and restraints and their impact on demand throughout the projection period. In addition, the report examines global opportunities in the global air ambulance market.
Browse the full “Air Ambulance Market Size, Share, Growth Analysis Report By Type (Rotary-wing, Fixed-wing), By Service Model (Hospital-based, Community-based), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2023–2032” report at https://www.custommarketinsights.com/report/air-ambulance-market/
Air Ambulance Market: Overview
An aviation ambulance is a special aircraft designed to perform aviation medical services in emergencies where it takes time for onshore medical assistance to arrive. Ambulances include airplanes and helicopters with all medical facilities and are intended for medical assistance in areas that ambulances cannot reach, such as mountain peaks.
Increasing accidents and increasing life-threatening threats such as stroke, heart attack, trauma, and other medical conditions will lead to increased demand for efficient emergency medical services and ultimately to the growth of ambulance services around the world.
Growth Factors
The number of multinational hospitals with improved economic conditions, improved access to efficient emergency care, increased prevalence of cardiovascular disease worldwide, rational reimbursement policies, and appropriate air ambulance services Increasing per capita health care costs and improving rural health infrastructure through strategic cooperation initiatives by key market players are driving the growth of the global air ambulance service market.
Advances in air ambulances are centered around the care of patients being transported using the latest innovative medical devices. In addition, a technically advanced communication system can send real-time patient health data to hospital specialists, helping doctors prepare for emergencies. Aviation ambulances are equipped with the following emergency medical devices: B. Ventilators, cardiac monitors, and defibrillators to provide emergency medical care to patients.
Segmental Overview
The rotary-wing product type held the largest revenue share of 76.8% in 2020 and dominated the air ambulance services market. In the ambulance market, the term rotorcraft is commonly used for helicopters. Helicopters can replace ambulances on the ground because they can land almost anywhere, including in streets, parks, fields, and crowded areas of cities.
Regional Overview
The air ambulance service market in the Asia Pacific region is expected to record the fastest growth during the forecast period. The presence of developing countries such as China, India, and Japan is expected to boost the market’s growth. In addition, the rapidly growing medical tourism industry in these countries is also due to the growing demand for ambulance services in the region.
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 5 Billion |
| Projected Market Size in 2030 | USD 10 Billion |
| CAGR Growth Rate | 8.7% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Years | 2024-2033 |
| Key Market Players | PHI, Inc., Air Methods Corporation, REVA Inc., European Air Ambulance, Air Charter Services Pvt. Ltd., and Others |
| Key Segment | By Type, Service Model, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
Key Insights:
Air AmbulanceMarket [By Type (Rotary-wing, Fixed-wing), By Service Model (Hospital-based, Community-based)]
Competitive Landscape/Key Players Insights
The study includes an in-depth competitive analysis of these key players in the Air Ambulance Market, including their company profiles, recent developments, and key market strategies. Gulf Helicopters, Acadian Companies, Babcock Scandinavian Air Ambulance, AMR, IAS Medical, Ltd., and Lifeguard Air Ambulance are among other players in the market.
- PHI, Inc.
- Air Methods Corporation
- REVA Inc.
- European Air Ambulance
- Air Charter Services Pvt. Ltd.
The global Air Ambulance market is segmented as follows:
By Type
- Rotary-wing
- Fixed-wing
By Service Model
- Hospital-based
- Community-based
Based on Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America