Global air ambulance services market to reach USD 9.83 billion

The global air ambulance services market size was USD 5.84 billion in 2022 and is estimated to surge from USD 6.45 billion in 2023 to USD 9.83 billion by 2030, exhibiting a CAGR of 6.2% over the study period. The rise is driven by the increasing product deployment in the event of medical emergencies such as strokes, respiratory diseases, pregnancy complications, heart attacks, end-of-life cases, traumatic injuries, and others.

Fortune Business Insights™ provides this information in its research report, titled “Air Ambulance Services Market, 2023-2030”.

List of key players mentioned in air ambulance services market are:

• Air Methods Corporation (U.S.)
• Global Medical Response, Inc. (U.S.)
• Acadian Companies (U.S.)
• PHI, Inc. (U.S.)
• REVA, Inc. (U.S.)
• Express Aviation Services (U.S.)
• European Air Ambulance (U.K.)
• Avincis Aviation Sweden AB (Sweden)
• Air Charter Services Pvt Ltd. (U.K.)
• Gulf Helicopters (Qatar)
>Covid-19 impact:
Surge in industry value driven by escalated patient transport demand from healthcare sector
The pandemic led to an increase in product demand driven by the need for transporting Covid-19 patients. This was in light of numerous challenges faced by hospitals, doctors, ambulances, nurses, and healthcare workers. These issues included limited access to airspace, increased measures of infection control, and a shortage of Personal Protection Equipment (PPE).

Segments:
Rotary wing segment to lead driven by soaring HEMS demand
On the basis of aircraft type, the market is fragmented into rotary wing and fixed wing. The rotary wing segment holds a key market share and is slated to grow at the fastest pace over the study period. The rise is propelled by the surging demand for helicopter emergency medical services.

Independent segment to hold major share impelled by increasing advance halthcare services demand
Based on service operator, the market for air ambulance services is subdivided into government, independent, and hospital-based. The independent segment is poised to register notable growth over the anticipated period. The expansion is driven by the rising demand for advanced healthcare services.

Inter-facility segment to record notable upsurge propelled by soaring advanced treatment demand
On the basis of application, the market is segmented into inter-facility, rescue helicopter service, organ transplant logistics, infectious disease service, neonatal and pediatric transport, and others. The inter-facility segment holds a leading position in the market and is anticipated to expand at a considerable rate over the estimated period. The growth is on account of the soaring specialized care demand.

Based on geography, the market for air ambulance services is segmented into North America, Asia Pacific, Europe, and the rest of the world. Fortune Business Insights