Air Ambulance Market Size Worth $ 9.8 Billion by 2028 | Growth Rate (CAGR) 11%

March 21 00:55 2023
Air Ambulance Market Size Worth $ 9.8 Billion by 2028 | Growth Rate (CAGR) 11%
Air Ambulance Market Report 2023-2028 By Service Type, Vehicle Type, Application and Region
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.

According to the latest report by IMARC Group “Air Ambulance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. 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. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Air ambulance services, also known as medical air transport services, are emergency evacuation or transportation facilities for patients. They use helicopters or airplanes equipped with medical supplies and necessary tools to provide optimal healthcare and comfort during transportation. They consist of qualified medical professionals on board to provide immediate treatment until the patient is transported to the nearest hospital. They also comprise several types of medical equipment, such as breathing devices, monitoring systems, and defibrillators. As a result, air ambulance services are gaining immense traction in situations where road congestion is a risk and in areas affected by wars, natural disasters, or epidemic outbreaks across the globe.

Air Ambulance Market Trends:

The global air ambulance market is primarily driven by the increasing incidences of chronic ailments such as cardiovascular diseases (CVDs) and strokes. In addition, the expanding healthcare sector and the rising occurrences of accidents and burn incidents requiring immediate transportation services are contributing to the market growth. Moreover, the incorporation of air ambulances with technologically advanced communication systems that transfer real-time patient health data to the medical professionals at the hospital, which allows the doctor to be prepared for any emergencies in advance, represents another major growth-inducing factor. Besides this, the introduction of fixed-wing air ambulance services with a better fuel capacity to travel long distances, which can operate in extreme weather conditions without compromising the care quality and patient comfort, is propelling the market growth. Furthermore, the growing number of healthcare facilities offering air ambulance facilities, developing healthcare infrastructure, improved accessibility to medical services in remote areas, and advancements in online booking of air ambulance services are creating a positive market outlook.

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The report has segmented the market into the following categories:

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


Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa


Competitive Landscape:

  • 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
  • AirMed International


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