Product Code: GVR-1-68038-715-5
Air Ambulance Services Market Growth & Trends
The global air ambulance services market size is expected to reach USD 32.9 billion by 2030, registering a CAGR of 10.7%from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing number of accidents, the impact of COVID-19, and technological advancements are the key driving factors for the market.
Air ambulance services are used generally in case of medical emergencies. Patients or their family members have to bear high costs in case the services are availed in dire situations. Thus, reimbursement plans help patients recover costs and reduce this burden. Many companies offer reimbursement for these services, such as Medicare and Medicaid. Moreover, the majority of the medical insurance guidelines and employee benefit plans offer some type of air ambulance coverage. The United States Department of Health and Human Services has included an air medical reimbursement plan in the Affordable Care Act. In February 2017, lawmakers in Montana supported two air ambulance regulation bills with an aim to reduce the economic burden on patients.
It was estimated that around 49.0% of the U.S. population will be affected by chronic diseases by 2025. Cardiac diseases and stroke account for 30.0% of the deaths in the U.S. Cardiovascular diseases are the leading cause of death globally. Stroke is the second most common cause of death worldwide. According to the WHO, it is estimated that by 2020, chronic diseases will account for 3/4th of the total deaths globally, out of which, 71% will be caused by ischemic heart diseases and 75% of deaths will be caused by stroke. India and China have a high prevalence of cardiac diseases. Chronic diseases, such as cardiac diseases and stroke, usually require an emergency medical response. The services provide rapid response in case of such emergency medical situations. Air ambulances are equipped with advanced and innovative medical care for cardiac, stroke, chronic obstructive pulmonary disorders, and trauma patients.
Air Ambulance Services Market Report Highlights
- In terms of revenue, the rotary-wing segment led the product segment in 2022 and accounted for 76.7% of the overall share. The rising number of cardiovascular diseases across the globe is the major factor propelling segment growth
- The hospital-based segment led the services segment in 2022 and accounted for 79.9% of the overall share. It is expected to witness considerable growth during the forecast period due to the increasing number of emergency cases
- In Asia Pacific, the market is expected to witness the fastest growth rate during the projected period owing to the rising prevalence of chronic diseases
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Type
- 1.1.2. Service Model
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Service model outlook
- 2.2.3. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Air Ambulance Services Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Reimbursement framework
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.2. Market restraint analysis
- 3.5. Air Ambulance Services Market Analysis Tools
- 3.5.1. Industry Analysis - Porter's
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. The threat of new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Technological landscape
- 3.5.2.3. Economic landscape
Chapter 4. Air Ambulance Services: Type Estimates & Trend Analysis
- 4.1. Air Ambulance Services Market: Key Takeaways
- 4.2. Air Ambulance Services Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Rotary-Wing
- 4.3.1. Rotary-wing air ambulance services market, 2018 - 2030 (USD Million)
- 4.4. Fixed-Wing
- 4.4.1. Fixed-wing air ambulance services market, 2018 - 2030 (USD Million)
Chapter 5. Air Ambulance Services: Model Estimates & Trend Analysis
- 5.1. Air Ambulance Services Market: Key Takeaways
- 5.2. Air Ambulance Services Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Hospital-based
- 5.3.1. Hospital-based air ambulance services market, 2018 - 2030 (USD Million)
- 5.4. Community-based
- 5.4.1. Community-based air ambulance services service market, 2018 - 2030 (USD Million)
Chapter 6. Air Ambulance Services Market: Regional Estimates & Trend Analysis
- 6.1. Regional Outlook
- 6.2. Air Ambulance Services Market by Region: Key Marketplace Takeaway
- 6.3. North America
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.3.2. U.S.
- 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.3.3. Canada
- 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4. Europe
- 6.4.1. UK
- 6.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.2. Germany
- 6.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.3. France
- 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.4. Italy
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.5. Spain
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.6. Sweden
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.7. Norway
- 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.4.8. Denmark
- 6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5. Asia Pacific
- 6.5.1. Japan
- 6.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.2. China
- 6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.3. India
- 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.4. Australia
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.5. Thailand
- 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.5.6. South Korea
- 6.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.6. Latin America
- 6.6.1. Brazil
- 6.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.6.2. Mexico
- 6.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.6.3. Argentina
- 6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7. MEA
- 6.7.1. Saudi Arabia
- 6.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.2. South Africa
- 6.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.3. UAE
- 6.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 6.7.4. Kuwait
- 6.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 7. Competitive Landscape
- 7.1. Strategy framework
- 7.2. Market Participant Categorization
- 7.2.1. Air Methods
- 7.2.1.1. Company overview
- 7.2.1.2. Financial Overview
- 7.2.1.3. Product benchmarking
- 7.2.1.4. Strategic initiatives
- 7.2.2. AMR
- 7.2.2.1. Company overview
- 7.2.2.2. Financial Overview
- 7.2.2.3. Product benchmarking
- 7.2.2.4. Strategic initiatives
- 7.2.3. PHI Air Medical
- 7.2.3.1. Company overview
- 7.2.3.2. Financial Overview
- 7.2.3.3. Product benchmarking
- 7.2.3.4. Strategic initiatives
- 7.2.4. Babcock Scandinavian AirAmbulance
- 7.2.4.1. Company overview
- 7.2.4.2. Financial Overview
- 7.2.4.3. Product benchmarking
- 7.2.4.4. Strategic initiatives
- 7.2.5. Express Air Medical Transport
- 7.2.5.1. Company overview
- 7.2.5.2. Financial Overview
- 7.2.5.3. Product benchmarking
- 7.2.5.4. Strategic initiatives
- 7.2.6. REVA, Inc.
- 7.2.6.1. Company overview
- 7.2.6.2. Financial Overview
- 7.2.6.3. Product benchmarking
- 7.2.6.4. Strategic initiatives
- 7.2.7. Lifeguard Ambulance Service LLC.
- 7.2.7.1. Company overview
- 7.2.7.2. Financial Overview
- 7.2.7.3. Product benchmarking
- 7.2.7.4. Strategic initiatives
- 7.2.8. Acadian Ambulance
- 7.2.8.1. Company overview
- 7.2.8.2. Financial Overview
- 7.2.8.3. Product benchmarking
- 7.2.8.4. Strategic initiatives
- 7.2.9. IAS Medical, Ltd.
- 7.2.9.1. Company overview
- 7.2.9.2. Financial Overview
- 7.2.9.3. Product benchmarking
- 7.2.9.4. Strategic initiatives
- 7.2.10. American Air Ambulance
- 7.2.10.1. Company overview
- 7.2.10.2. Financial Overview
- 7.2.10.3. Product benchmarking
- 7.2.10.4. Strategic initiatives
- 7.2.11. Global Air Response
- 7.2.11.1. Company overview
- 7.2.11.2. Financial Overview
- 7.2.11.3. Product benchmarking
- 7.2.11.4. Strategic initiatives
- 7.2.12. AirMed International
- 7.2.12.1. Company overview
- 7.2.12.2. Financial Overview
- 7.2.12.3. Product benchmarking
- 7.2.12.4. Strategic initiatives
- 7.2.13. Guardian Air (Pty) Ltd
- 7.2.13.1. Company overview
- 7.2.13.2. Financial Overview
- 7.2.13.3. Product benchmarking
- 7.2.13.4. Strategic initiatives
- 7.2.14. AirLink Ambulance USMX
- 7.2.14.1. Company overview
- 7.2.14.2. Financial Overview
- 7.2.14.3. Product benchmarking
- 7.2.14.4. Strategic initiatives
- 7.2.15. Life Flight Network
- 7.2.15.1. Company overview
- 7.2.15.2. Financial Overview
- 7.2.15.3. Product benchmarking
- 7.2.15.4. Strategic initiatives