The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s air ambulance services market report forecasts the air ambulance services market size to grow to $9.24 Billion by 2027, with a CAGR (compound annual growth rate) of almost 11%.

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Air Ambulance Services Market Size Forecast
The global air ambulance services market is expected to grow from $5.46 billion in 2022 to $6.11 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global air ambulance services market size is expected to reach $9.24 billion in 2027 at a CAGR of 10.9%.

North America held the largest air ambulance services market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Air Ambulance Services Market Driver ­– Growth In Cases Of Chronic Diseases
According to the World Health Organisation (WHO), an estimated 10.6 million individuals would be afflicted with tuberculosis globally in 2021, with 1.6 million dying. Furthermore, 1.5 million individuals will be infected with HIV by 2021, with 650,000 people dying as a result of it. As a result, the increased prevalence of chronic diseases is propelling the market for air ambulance services.

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Key Air Ambulance Services Market Trend – Strategic Partnerships
Major players in the air ambulance services market are forming alliances in order to improve services and boost their market position. For example, in March 2022, Airbus, a French aircraft business, teamed up with Airlift Global, a UK-based aerospace company. The firms hope to build a chopper ambulance service, a pilot project combining air ambulance and medical emergency services in India, to increase healthcare accessibility and connection in both urban and rural areas. Furthermore, Airbus, a French aerospace corporation, will cooperate with Air Ambulance Foundation, a UK-based provider of fully-equipped advanced life support helicopter ambulance service, in March 2023. Both companies hope to establish the next generation of medical missions in Norway through this relationship.

Air Ambulance Services Market Segment
1) By Type: Rotary-Wing, Fixed-Wing
2) By Service Type: Domestic, International
3) By Service Operator: Hospital Based, Independent, Government
4) By Application: Inter-Facility, Rescue Helicopter Service, Organ Transplant Logistics, Overweight Patient Transport, Infectious Disease Service, Neonatal Transport, Patient Transport, Other Applications

Air Ambulance Services Market Major Players and Strategies
Major players in the air ambulance services market are Petroleum Helicopters International Inc., Babcock Scandinavian Air Ambulance, REVA Inc., Acadian Ambulance, Air Methods, Express Aviation Services, AMR Air Ambulance, Express Air Medical Transport, Lifeguard Ambulance Service LLC, IAS Medical Ltd., American Air Ambulance, Gulf Helicopters, European Air Ambulance, Air Charter Services Pvt Ltd., and Calstar.

Acadian Ambulance, a private ambulance services firm based in the United States, purchased MedicOne Medical Response’s operations in January 2022 for an undisclosed sum. This acquisition allows Acadian to broaden its geographical presence, improve its client service, and reinforce its operations. MedicOne Medical Response is a frontline healthcare transportation business based in the United States that offers air ambulance services.

The Air Ambulance Services Global Market Report 2023 covers regional data on air ambulance services market size, air ambulance services market trends and drivers, opportunities, strategies, and air ambulance services market competitor analysis. The countries covered in the air ambulance services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Patient medical evacuation by helicopter or aeroplane is referred to as air ambulance service. Air ambulance services can quickly transport critically injured people from one location to another who require immediate medical assistance from better healthcare facilities.

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