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 2022–2030


Report Code: CMI10911

Published Date: July 2022

Pages: 220

Category: Healthcare

Reports Description

The size of 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, as well as the impact they have on demand throughout the projection period. In addition, the report examines global opportunities in the global Air Ambulance market.

Air Ambulance Market

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Air Ambulance Market: Overview

Ambulance service refers to the transportation or evacuation facilities provided to patients in the event of an emergency at the scene of an accident, at home, or in a hospital. Ambulances are equipped with advanced medical facilities, including equipment used in emergencies, to provide immediate medical care to patients until they arrive at the nearest hospital or medical center.

An air ambulance is a special type of aircraft designed to perform aviation medical services in emergencies where it takes time for onshore medical assistance to arrive. Ambulances include airplanes and helicopters that have all medical facilities and are intended for medical assistance in areas that ambulances cannot reach, such as mountain peaks.

Air Ambulance Market: COVID – 19 Impact Analysis

The COVID-19 crisis has caused market uncertainty, a significant slowdown in the supply chain, a loss of business confidence, and an increase in customer segment panic. Governments in various regions have already announced blockades and temporary closures of industry, negatively impacting overall production and sales. Domestic passenger numbers have returned to pre-pandemic levels, especially in developing countries.

Air AmbulanceMarket: Growth Drivers

While many factors contribute to the growth of the ambulance market, the growing elderly population continues to be the main driver behind the growing demand. According to the United Nations (UN), the population over the age of 65 is growing faster than any other age group in the world. As a result, the population above 65 across the globe stood at 727 million. Furthermore, over the next three decades, the global number of older persons is projected to more than double, reaching over 1.5 billion in 2050.

Increased per capita health care costs are expected to have a positive impact on salaries for health professionals, treatment facilities, and hospital managers, helping to reduce the cost of medical procedures and medicines. Increasing per capita health care costs can help overcome the problem of the lack of health professionals and facilities. Increasing the availability of these resources is expected to contribute to the growth of the air ambulance service market.

Increasing accidents and increasing life-threatening threats such as stroke, heart attack, trauma, and other such medical conditions have led to increased demand for efficient emergency medical services and ultimately ambulances around the world. It will lead to the growth of the service.

Increasing rates of life-threatening illnesses requiring emergency medical care are expected to drive market growth over the forecast period. Furthermore, the growing rate of life-threatening diseases such as cancer, diabetes, neurological disorders, coronary artery disease, and HIV are expected to drive market growth. According to the data released by the World Health Organization, Cancer was the leading cause of death across the globe, accounting for about 10 million deaths in 2020. The most common cancer in 2020 was breast cancer and lung cancer. As a result of the increasing prevalence of chronic diseases, the market is anticipated to grow during the forecasted period.

Air Ambulance Market: Segmentation Analysis

By type, the market is segmented into Rotary-wing and Fixed-wing. The term rotary-wing is commonly used for helicopters. The benefits of helicopter-based ambulance services include cost-effectiveness and fast response time. Helicopters serve patients in emergencies, especially when a quick response is expected. Helicopters can replace ambulances on the ground because they can land almost anywhere, including streets, parks, fields, crowded areas of cities, and paved areas. However, due to the small fuel capacity, the cruising range will be shorter.

air ambulance market

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By service model, the market is segmented into Hospital-based, Community-based. The hospital-based service model provides medical teams and partners with aviation service providers for aircraft, pilots, and mechanics. The aviation service provider must be accredited by the Federal Aviation Administration (FAA) and will be paid by the hospital for the model of service it provides.

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
Base Year 2021
Forecast Years 2022-2030
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
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Key Insights:

  • As per the analysis shared by our research analyst, the Air Ambulance market is estimated to grow annually at a CAGR of around 8.7% over the forecast period (2022-2030).
  • In Terms Of Revenue, The Air Ambulance market size was valued at around USD 5 billion in 2021 and is projected to reach USD 10 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on type segmentation, the rotary-wing type was predicted to show maximum market share in the year 2021.
  • On the basis of region, the “North America” region was the leading revenue generator in 2021.

Regional Landscape

The North American region held the largest share in 2020. This is due to the presence of one of the largest ambulance service providers, we have easy access to the infrastructure needed for medical air transportation. In addition, the presence of favorable redemption policies supports the growth of the region. In addition, the presence of sophisticated healthcare infrastructure is expected to drive the ambulance service market over the forecast period.

The Asia-Pacific market is anticipated to make notable contributions toward regional market size by 2022-2028. The presence of developing countries such as China, India, and Japan is expected to boost the growth of the ambulance service market in the region. In addition, the rapidly growing medical tourism industry in these countries is also due to the growing demand for ambulance services in the region.

Competitive Landscape

The study includes an in-depth competitive analysis of these key players in the Air Ambulance with their company profiles, recent developments, and key market strategies.

The global air ambulance market is segmented as follows:

By Type

  • Rotary-wing
  • Fixed-wing

By Service Model

  • Hospital-based
  • Community-based

By 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 AsiaPacific
  • 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

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Air Ambulance Market, (2022 – 2030) (USD Billion)
    • 2.2 Global Air Ambulance Market: snapshot
  • Chapter 3. Global Air Ambulance Market – Industry Analysis
    • 3.1 Air Ambulance Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing elderly population
      • 3.2.2 Driver 2
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Service Model
  • Chapter 4. Global Air Ambulance Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Air Ambulance Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Air Ambulance Market – Type Analysis
    • 5.1 Global Air Ambulance Market overview: By Type
      • 5.1.1 Global Air Ambulance Market share, By Type, 2021 and 2030
    • 5.2 Rotary-wing
      • 5.2.1 Global Air Ambulance Market by Rotary-wing, 2022 – 2030 (USD Billion)
    • 5.3 Fixed-wing
      • 5.3.1 Global Air Ambulance Market by Fixed-wing, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Air Ambulance Market – Service Model Analysis
    • 6.1 Global Air Ambulance Market overview: By Service Model
      • 6.1.1 Global Air Ambulance Market share, By Service Model, 2021 and 2030
    • 6.2 Hospital-based
      • 6.2.1 Global Air Ambulance Market by Hospital-based, 2022 – 2030 (USD Billion)
    • 6.3 Community-based
      • 6.3.1 Global Air Ambulance Market by Community-based, 2022 – 2030 (USD Billion)
  • Chapter 7. Air Ambulance Market – Regional Analysis
    • 7.1 Global Air Ambulance Market Regional Overview
    • 7.2 Global Air Ambulance Market Share, by Region, 2021 & 2030 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Air Ambulance Market, 2022 – 2030 (USD Billion)
        • 7.3.1.1 North America Air Ambulance Market, by Country, 2022 – 2030 (USD Billion)
    • 7.4 North America Air Ambulance Market, by Type, 2022 – 2030
      • 7.4.1 North America Air Ambulance Market, by Type, 2022 – 2030 (USD Billion)
    • 7.5 North America Air Ambulance Market, by Service Model, 2022 – 2030
      • 7.5.1 North America Air Ambulance Market, by Service Model, 2022 – 2030 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Air Ambulance Market, 2022 – 2030 (USD Billion)
        • 7.6.1.1 Europe Air Ambulance Market, by Country, 2022 – 2030 (USD Billion)
    • 7.7 Europe Air Ambulance Market, by Type, 2022 – 2030
      • 7.7.1 Europe Air Ambulance Market, by Type, 2022 – 2030 (USD Billion)
    • 7.8 Europe Air Ambulance Market, by Service Model, 2022 – 2030
      • 7.8.1 Europe Air Ambulance Market, by Service Model, 2022 – 2030 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Air Ambulance Market, 2022 – 2030 (USD Billion)
        • 7.9.1.1 Asia Pacific Air Ambulance Market, by Country, 2022 – 2030 (USD Billion)
    • 7.10 Asia Pacific Air Ambulance Market, by Type, 2022 – 2030
      • 7.10.1 Asia Pacific Air Ambulance Market, by Type, 2022 – 2030 (USD Billion)
    • 7.11 Asia Pacific Air Ambulance Market, by Service Model, 2022 – 2030
      • 7.11.1 Asia Pacific Air Ambulance Market, by Service Model, 2022 – 2030 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Air Ambulance Market, 2022 – 2030 (USD Billion)
        • 7.12.1.1 Latin America Air Ambulance Market, by Country, 2022 – 2030 (USD Billion)
    • 7.13 Latin America Air Ambulance Market, by Type, 2022 – 2030
      • 7.13.1 Latin America Air Ambulance Market, by Type, 2022 – 2030 (USD Billion)
    • 7.14 Latin America Air Ambulance Market, by Service Model, 2022 – 2030
      • 7.14.1 Latin America Air Ambulance Market, by Service Model, 2022 – 2030 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Air Ambulance Market, 2022 – 2030 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Air Ambulance Market, by Country, 2022 – 2030 (USD Billion)
    • 7.16 The Middle-East and Africa Air Ambulance Market, by Type, 2022 – 2030
      • 7.16.1 The Middle-East and Africa Air Ambulance Market, by Type, 2022 – 2030 (USD Billion)
    • 7.17 The Middle-East and Africa Air Ambulance Market, by Service Model, 2022 – 2030
      • 7.17.1 The Middle-East and Africa Air Ambulance Market, by Service Model, 2022 – 2030 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 PHI Inc.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Air Methods Corporation
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 REVA Inc.
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 European Air Ambulance
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Air Charter Services Pvt. Ltd.
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments

List Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Air Ambulance Market, 2022 – 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Air Ambulance Market attractiveness, By Type
  • 6. Global Air Ambulance Market attractiveness, By Service Model
  • 7. Global Air Ambulance Market share by Type, 2022 and 2030 (USD Billion)
  • 8. Global Air Ambulance Market by Rotary-wing, 2022 – 2030 (USD Billion)
  • 9. Global Air Ambulance Market by Fixed-wing, 2022 – 2030 (USD Billion)
  • 10. Global Air Ambulance Market share by Service Model, 2022 and 2030 (USD Billion)
  • 11. Global Air Ambulance Market by Hospital-based, 2022 – 2030 (USD Billion)
  • 12. Global Air Ambulance Market by Community-based, 2022 – 2030 (USD Billion)
  • 13. Global Air Ambulance Market share, by Region, 2022 and 2030
  • 14. North America Air Ambulance Market, 2022 – 2030 (USD Billion)
  • 15. Europe Air Ambulance Market, 2022 – 2030 (USD Billion)
  • 16. Asia Pacific Air Ambulance Market, 2022 – 2030 (USD Billion)
  • 17. Latin America Air Ambulance Market, 2022 – 2030 (USD Billion)
  • 18. The Middle-East and Africa Air Ambulance Market, 2022 – 2030 (USD Billion)

List Of Tables

  • 1. Global Air Ambulance Market: Snapshot
  • 2. Drivers of the Air Ambulance Market: impact analysis
  • 3. North America Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 4. North America Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 5. U.S. Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 6. U.S. Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 7. Canada Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 8. Canada Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 9. Europe Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 10. Europe Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 11. Germany Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 12. Germany Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 13. France Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 14. France Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 15. U.K. Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 16. U.K. Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 17. Italy Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 18. Italy Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 19. Spain Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 20. Spain Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 21. Rest of Europe Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 22. Rest of Europe Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 23. Asia Pacific Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 24. Asia Pacific Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 25. China Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 26. China Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 27. Japan Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 28. Japan Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 29. India Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 30. India Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 31. South Korea Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 32. South Korea Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 33. South-East Asia Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 34. South-East Asia Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 35. Rest of Asia Pacific Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 36. Rest of Asia Pacific Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 37. Latin America Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 38. Latin America Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 39. Brazil Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 40. Brazil Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 41. Mexico Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 42. Mexico Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 43. Rest of Latin America Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 44. Rest of Latin America Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 45. The Middle-East and Africa Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 46. The Middle-East and Africa Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 47. GCC Countries Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 48. GCC Countries Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 49. South Africa Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 50. South Africa Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
  • 51. Rest of Middle-East Africa Air Ambulance Market Revenue, By Type, 2022 – 2030 (USD Billion)
  • 52. Rest of Middle-East Africa Air Ambulance Market Revenue, By Service Model, 2022 – 2030 (USD Billion)
Report Segmentation

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2028
  • Market revenue estimates and forecasts up to 2028, by technology
  • Market revenue estimates and forecasts up to 2028, by application
  • Market revenue estimates and forecasts up to 2028, by type
  • Market revenue estimates and forecasts up to 2028, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

List of the prominent players in the global air ambulance market:

  • PHI, Inc.
  • Air Methods Corporation
  • REVA Inc.
  • European Air Ambulance
  • Air Charter Services Pvt. Ltd.

FAQs

“North America” region will lead the global air ambulance market during the forecast period 2022 to 2030.

The ageing of the population is still the dominant driver behind the rising demand for ambulance services. The United Nations (UN) reports that the number of people over the age of 65 is growing at a rate that is higher than that of any other age group in the globe. As a direct consequence of this, the number of people aged 65 and older around the globe amounted to 727 million.

The key players operating in the air ambulance market are PHI, Inc., Air Methods Corporation, REVA Inc., European Air Ambulance, Air Charter Services Pvt. Ltd., and Others.

The global air ambulance market is expanding growth with a CAGR of approximately 8.7% during the forecast period (2022 to 2030).

The global air ambulance market size was valued at US$ 5 billion in 2021 and it is projected to reach around US$ 10 billion by 2030.

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