Air Ambulance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global air ambulance market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.
Air ambulance services, or medical air transport services, refer to the system of air evacuation or transportation facility offered to patients in case of emergencies. An air ambulance can be a helicopter or an airplane that is equipped with medical supplies and relevant tools to ensure optimum healthcare and convenience during transportation. The system also includes skilled medical professionals who provide immediate treatment to the patient till the ambulance reaches the nearest hospital. The equipment present in an air ambulance usually includes breathing apparatus, monitoring systems and defibrillators. The service eliminates the risk of road congestion and is most convenient in areas affected by natural disasters, wars, and epidemic outbreak.
The thriving healthcare sector and the increasing number of accidents across the globe are the key factors driving the growth of the market. Air ambulance facilitates faster travel in comparison to traditional on-road ambulance services. It provides an on-time and well-organized passage in cases of critical medical emergencies such as road accidents or burn incidents. Furthermore, cardiac ailments including heart-attacks, along with other serious health concerns such as brain stroke, demand urgent medical attention. Air ambulance services aid significantly in such cases in smooth transportation of patients to the nearest treatment facility quickly. These services also enhance the accessibility and reach of medical facilities to even the remotest areas with poor infrastructure. Moreover, advancements such as online booking of air ambulance services are creating a positive outlook for the market. Other factors driving the market growth include increasing emergency healthcare expenditures, a growing number of hospitals that can provide proper air ambulance facility and improving medical facilities across various regions of the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global air ambulance market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on vehicle type, service type and application.
Breakup by Vehicle Type:
Aircrafts/Airplanes
Rotary Wing
Fixed Wing
Helicopters
Seaplanes
Others
Breakup by Service Type:
Hospital Services
Community Services
Others
Breakup by Application:
Medical Care
Transport
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being PHI Air Medical, Air Ambulance Specialists, Babcock Scandinavian AirAmbulance, Express Air Medical Transport, Lifeguard Air Ambulance, Native American Air Ambulance, Metro Aviation Inc., The Royal Flying Doctor Service, REVA Air Ambulance, Yorkshire Air Ambulance, EAA, Capital Air Ambulance and AirMed International, etc.
IMARC Group’s latest report provides a deep insight into the global air ambulance market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the air ambulance market in any manner.
Key Questions Answered in This Report:
How has the global air ambulance market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global air ambulance industry?
What are the key regional markets in the global air ambulance industry?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global air ambulance industry?
What are the key driving factors and challenges in the global air ambulance industry?
What is the structure of the global air ambulance industry and who are the key players?
What is the degree of competition in the global air ambulance industry?
The global air ambulance market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.
Air ambulance services, or medical air transport services, refer to the system of air evacuation or transportation facility offered to patients in case of emergencies. An air ambulance can be a helicopter or an airplane that is equipped with medical supplies and relevant tools to ensure optimum healthcare and convenience during transportation. The system also includes skilled medical professionals who provide immediate treatment to the patient till the ambulance reaches the nearest hospital. The equipment present in an air ambulance usually includes breathing apparatus, monitoring systems and defibrillators. The service eliminates the risk of road congestion and is most convenient in areas affected by natural disasters, wars, and epidemic outbreak.
The thriving healthcare sector and the increasing number of accidents across the globe are the key factors driving the growth of the market. Air ambulance facilitates faster travel in comparison to traditional on-road ambulance services. It provides an on-time and well-organized passage in cases of critical medical emergencies such as road accidents or burn incidents. Furthermore, cardiac ailments including heart-attacks, along with other serious health concerns such as brain stroke, demand urgent medical attention. Air ambulance services aid significantly in such cases in smooth transportation of patients to the nearest treatment facility quickly. These services also enhance the accessibility and reach of medical facilities to even the remotest areas with poor infrastructure. Moreover, advancements such as online booking of air ambulance services are creating a positive outlook for the market. Other factors driving the market growth include increasing emergency healthcare expenditures, a growing number of hospitals that can provide proper air ambulance facility and improving medical facilities across various regions of the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global air ambulance market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on vehicle type, service type and application.
Breakup by Vehicle Type:
Aircrafts/Airplanes
Rotary Wing
Fixed Wing
Helicopters
Seaplanes
Others
Breakup by Service Type:
Hospital Services
Community Services
Others
Breakup by Application:
Medical Care
Transport
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being PHI Air Medical, Air Ambulance Specialists, Babcock Scandinavian AirAmbulance, Express Air Medical Transport, Lifeguard Air Ambulance, Native American Air Ambulance, Metro Aviation Inc., The Royal Flying Doctor Service, REVA Air Ambulance, Yorkshire Air Ambulance, EAA, Capital Air Ambulance and AirMed International, etc.
IMARC Group’s latest report provides a deep insight into the global air ambulance market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the air ambulance market in any manner.
Key Questions Answered in This Report:
How has the global air ambulance market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global air ambulance industry?
What are the key regional markets in the global air ambulance industry?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global air ambulance industry?
What are the key driving factors and challenges in the global air ambulance industry?
What is the structure of the global air ambulance industry and who are the key players?
What is the degree of competition in the global air ambulance industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL AIR AMBULANCE MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Vehicle Type
5.5 Market Breakup by Service Type
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY VEHICLE TYPE
6.1 Aircrafts/Airplanes
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Rotary Wing
6.1.2.2 Fixed Wing
6.1.3 Market Forecast
6.2 Helicopters
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Seaplanes
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY SERVICE TYPE
7.1 Hospital Services
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Community Services
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Medical Care
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Transport
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 PHI Air Medical
14.3.2 Air Ambulance Specialists
14.3.3 Babcock Scandinavian AirAmbulance
14.3.4 Express Air Medical Transport
14.3.5 Lifeguard Air Ambulance
14.3.6 Native American Air Ambulance
14.3.7 Metro Aviation Inc.
14.3.8 The Royal Flying Doctor Service
14.3.9 REVA Air Ambulance
14.3.10 Yorkshire Air Ambulance
14.3.11 EAA
14.3.12 Capital Air Ambulance
14.3.13 AirMed International
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL AIR AMBULANCE MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Vehicle Type
5.5 Market Breakup by Service Type
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY VEHICLE TYPE
6.1 Aircrafts/Airplanes
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Rotary Wing
6.1.2.2 Fixed Wing
6.1.3 Market Forecast
6.2 Helicopters
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Seaplanes
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY SERVICE TYPE
7.1 Hospital Services
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Community Services
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY APPLICATION
8.1 Medical Care
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Transport
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 PHI Air Medical
14.3.2 Air Ambulance Specialists
14.3.3 Babcock Scandinavian AirAmbulance
14.3.4 Express Air Medical Transport
14.3.5 Lifeguard Air Ambulance
14.3.6 Native American Air Ambulance
14.3.7 Metro Aviation Inc.
14.3.8 The Royal Flying Doctor Service
14.3.9 REVA Air Ambulance
14.3.10 Yorkshire Air Ambulance
14.3.11 EAA
14.3.12 Capital Air Ambulance
14.3.13 AirMed International
LIST OF TABLES
Table 1: Global: Air Ambulance Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Air Ambulance Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 3: Global: Air Ambulance Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
Table 4: Global: Air Ambulance Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Air Ambulance Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Air Ambulance Market Structure
Table 7: Global: Air Ambulance Market: Key Players
Table 1: Global: Air Ambulance Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Air Ambulance Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 3: Global: Air Ambulance Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
Table 4: Global: Air Ambulance Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Air Ambulance Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Air Ambulance Market Structure
Table 7: Global: Air Ambulance Market: Key Players
LIST OF FIGURES
Figure 1: Global: Air Ambulance Market: Major Drivers and Challenges
Figure 2: Global: Air Ambulance Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Air Ambulance Market: Breakup by Vehicle Type (in %), 2022
Figure 4: Global: Air Ambulance Market: Breakup by Service Type (in %), 2022
Figure 5: Global: Air Ambulance Market: Breakup by Application (in %), 2022
Figure 6: Global: Air Ambulance Market: Breakup by Region (in %), 2022
Figure 7: Global: Air Ambulance Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Air Ambulance Industry: SWOT Analysis
Figure 9: Global: Air Ambulance Industry: Value Chain Analysis
Figure 10: Global: Air Ambulance Industry: Porter’s Five Forces Analysis
Figure 11: Global: Air Ambulance (Aircrafts/Airplanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Air Ambulance (Aircrafts/Airplanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Air Ambulance (Helicopters) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Air Ambulance (Helicopters) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Air Ambulance (Seaplanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Air Ambulance (Seaplanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Air Ambulance (Other Vehicle Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Air Ambulance (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Air Ambulance (Hospital Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Air Ambulance (Hospital Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Air Ambulance (Community Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Air Ambulance (Community Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Air Ambulance (Other Service Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Air Ambulance (Other Service Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Air Ambulance (Medical Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Air Ambulance (Medical Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Air Ambulance (Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Air Ambulance (Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Air Ambulance (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Air Ambulance (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Europe: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Europe: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia Pacific: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia Pacific: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Middle East and Africa: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Middle East and Africa: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Latin America: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Latin America: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 1: Global: Air Ambulance Market: Major Drivers and Challenges
Figure 2: Global: Air Ambulance Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Air Ambulance Market: Breakup by Vehicle Type (in %), 2022
Figure 4: Global: Air Ambulance Market: Breakup by Service Type (in %), 2022
Figure 5: Global: Air Ambulance Market: Breakup by Application (in %), 2022
Figure 6: Global: Air Ambulance Market: Breakup by Region (in %), 2022
Figure 7: Global: Air Ambulance Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Air Ambulance Industry: SWOT Analysis
Figure 9: Global: Air Ambulance Industry: Value Chain Analysis
Figure 10: Global: Air Ambulance Industry: Porter’s Five Forces Analysis
Figure 11: Global: Air Ambulance (Aircrafts/Airplanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Air Ambulance (Aircrafts/Airplanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Air Ambulance (Helicopters) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Air Ambulance (Helicopters) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Air Ambulance (Seaplanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Air Ambulance (Seaplanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Air Ambulance (Other Vehicle Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Air Ambulance (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Air Ambulance (Hospital Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Air Ambulance (Hospital Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Air Ambulance (Community Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Air Ambulance (Community Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Air Ambulance (Other Service Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Air Ambulance (Other Service Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Air Ambulance (Medical Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Air Ambulance (Medical Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Air Ambulance (Transport) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Air Ambulance (Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Air Ambulance (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Air Ambulance (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Europe: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Europe: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia Pacific: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia Pacific: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Middle East and Africa: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Middle East and Africa: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Latin America: Air Ambulance Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Latin America: Air Ambulance Market Forecast: Sales Value (in Million US$), 2023-2028
