NEW YORK , Dec. 12, 2022 /PRNewswire/ -- The air ambulance market size is forecast to increase by USD 5952.31 million from 2022 to 2027, at a CAGR of 9.76%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing prevalence of infectious diseases, the growing geriatric population, and advanced onboard medical treatment.
Technavio categorizes the global air ambulance market as a part of the aerospace and defense market, which covers products and companies that produce aerial platforms that are used in commercial and general aviation; defense platforms that are used in the naval, land, and air domains; arms and ammunitions; defense electronics; defense logistics equipment; and space platforms, equipment, and launch vehicles.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including Acadian Ambulance Service Inc., Air Ambulance Worldwide, Air Methods Corp., Air Rescuers World Wide Pvt Ltd., American Air Ambulance, Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., Envision Healthcare, Express Air Medical Transport LLC, Falcon Emergency, Horizon Jets Charter Inc., IAS Medical Ltd., Life Savers Ambulance Services, and Luxembourg Air Rescue Asbl.
Key Benefits for Industry Players & Stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Expand operations in the future - To get requisite details, ask for a custom report.
Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
Download the sample to get a holistic overview of the air ambulance market by industry experts to evaluate and develop growth strategies.
The market is segmented by service (hospital-based service, community-based service, and others), aircraft type (rotary-wing aircraft and fixed-wing aircraft), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
Segmentation by service (Inclusion/Exclusion)
- Inclusion:
- Hospital-based service:
The hospital-based service segment grew gradually by USD 2,564.58 million in 2017 and continued to grow till 2021. In this setup, the hospital owns the medical program and provides medical staff, including doctors, nurses, and communications facilities. They provide helicopter ambulance services to patients that are in an emergency in remote areas, carry specialized medical crew, medical equipment, and machines to outlying hospitals, and transport medevac patients at high risk to hospitals for improved treatment. Some hospitals outsource helicopters and pilots from a third-party company, while the medical support team, equipment, and medicines are provided by the hospital itself. Thus, the increasing number of hospitals offering air ambulance services is driving the segment's growth.
To get detailed insights about inclusions and exclusions, buy now.
Related Reports –
- The aero-engine coating market is estimated to grow at a CAGR of 5.73% between 2022 and 2027. The size of the market is forecast to increase by USD 118.35 million. The focus on engine safety and improving efficiency are notably driving the market growth, although factors such as longer production cycles of aircraft engines may impede the market growth.
- The military aerial refueling tanker market is estimated to grow at a CAGR of 8.13% between 2022 and 2027. The size of the market is forecast to increase by USD 4,709.07 million. The joint development/acquisition approach is notably driving the market growth, although factors such as the development of unmanned jet tankers may impede the market growth.
What are the key data covered in air ambulance market?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the air ambulance market between 2023 and 2027
- Precise estimation of the size of the air ambulance market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the cloud data warehouse market industry across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of air ambulance market vendors
Air Ambulance Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.76% |
Market growth 2023-2027 |
USD 5952.31 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
9.42 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 29% |
Key countries |
US, Canada, China, Japan, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acadian Ambulance Service Inc., Air Ambulance Worldwide, Air Methods Corp., Air Rescuers World Wide Pvt Ltd., American Air Ambulance, Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., Envision Healthcare, Express Air Medical Transport LLC, Falcon Emergency, Horizon Jets Charter Inc., IAS Medical Ltd., Life Savers Ambulance Services, Luxembourg Air Rescue Asbl, Medical Air Service, Medivic Pharmaceutical Pvt. Ltd, PHI Group Inc., REVA Inc., and Air Charter Service Group Ltd |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Aircraft Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global air ambulance market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global air ambulance market 2017 - 2021 ($ million)
- 4.2 By Service Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – By Service Segment 2017 - 2021 ($ million)
- 4.3 By Aircraft type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – By Aircraft type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Service
- 6.1 Market segments
- Exhibit 30: Chart on Service - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Service - Market share 2022-2027 (%)
- 6.2 Comparison by Service
- Exhibit 32: Chart on Comparison by Service
- Exhibit 33: Data Table on Comparison by Service
- 6.3 Hospital-based service - Market size and forecast 2022-2027
- Exhibit 34: Chart on Hospital-based service - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Hospital-based service - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Hospital-based service - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Hospital-based service - Year-over-year growth 2022-2027 (%)
- 6.4 Community-based service - Market size and forecast 2022-2027
- Exhibit 38: Chart on Community-based service - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Community-based service - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Community-based service - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Community-based service - Year-over-year growth 2022-2027 (%)
- 6.5 Others - Market size and forecast 2022-2027
- Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Service
- Exhibit 46: Market opportunity by Service ($ million)
7 Market Segmentation by Aircraft Type
- 7.1 Market segments
- Exhibit 47: Chart on Aircraft Type - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Aircraft Type - Market share 2022-2027 (%)
- 7.2 Comparison by Aircraft Type
- Exhibit 49: Chart on Comparison by Aircraft Type
- Exhibit 50: Data Table on Comparison by Aircraft Type
- 7.3 Rotary-wing aircraft - Market size and forecast 2022-2027
- Exhibit 51: Chart on Rotary-wing aircraft - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Rotary-wing aircraft - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Rotary-wing aircraft - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Rotary-wing aircraft - Year-over-year growth 2022-2027 (%)
- 7.4 Fixed-wing aircraft - Market size and forecast 2022-2027
- Exhibit 55: Chart on Fixed-wing aircraft - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Fixed-wing aircraft - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Fixed-wing aircraft - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Fixed-wing aircraft - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Aircraft Type
- Exhibit 59: Market opportunity by Aircraft Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 India - Market size and forecast 2022-2027
- Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.14 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 Acadian Ambulance Service Inc.
- Exhibit 116: Acadian Ambulance Service Inc. - Overview
- Exhibit 117: Acadian Ambulance Service Inc. - Product / Service
- Exhibit 118: Acadian Ambulance Service Inc. - Key offerings
- 12.4 Air Ambulance Worldwide
- Exhibit 119: Air Ambulance Worldwide - Overview
- Exhibit 120: Air Ambulance Worldwide - Product / Service
- Exhibit 121: Air Ambulance Worldwide - Key offerings
- 12.5 Air Charter Service Group Ltd
- Exhibit 122: Air Charter Service Group Ltd - Overview
- Exhibit 123: Air Charter Service Group Ltd - Product / Service
- Exhibit 124: Air Charter Service Group Ltd - Key offerings
- 12.6 Air Methods Corp.
- Exhibit 125: Air Methods Corp. - Overview
- Exhibit 126: Air Methods Corp. - Product / Service
- Exhibit 127: Air Methods Corp. - Key offerings
- 12.7 Air Rescuers World Wide Pvt Ltd.
- Exhibit 128: Air Rescuers World Wide Pvt Ltd. - Overview
- Exhibit 129: Air Rescuers World Wide Pvt Ltd. - Product / Service
- Exhibit 130: Air Rescuers World Wide Pvt Ltd. - Key offerings
- 12.8 American Air Ambulance
- Exhibit 131: American Air Ambulance - Overview
- Exhibit 132: American Air Ambulance - Product / Service
- Exhibit 133: American Air Ambulance - Key offerings
- 12.9 Augsburg Air Ambulance
- Exhibit 134: Augsburg Air Ambulance - Overview
- Exhibit 135: Augsburg Air Ambulance - Product / Service
- Exhibit 136: Augsburg Air Ambulance - Key offerings
- 12.10 Babcock International Group Plc
- Exhibit 137: Babcock International Group Plc - Overview
- Exhibit 138: Babcock International Group Plc - Business segments
- Exhibit 139: Babcock International Group Plc - Key offerings
- Exhibit 140: Babcock International Group Plc - Segment focus
- 12.11 EMSOS Medical Pvt. Ltd.
- Exhibit 141: EMSOS Medical Pvt. Ltd. - Overview
- Exhibit 142: EMSOS Medical Pvt. Ltd. - Product / Service
- Exhibit 143: EMSOS Medical Pvt. Ltd. - Key offerings
- 12.12 Express Air Medical Transport LLC
- Exhibit 144: Express Air Medical Transport LLC - Overview
- Exhibit 145: Express Air Medical Transport LLC - Product / Service
- Exhibit 146: Express Air Medical Transport LLC - Key offerings
- 12.13 Falcon Emergency
- Exhibit 147: Falcon Emergency - Overview
- Exhibit 148: Falcon Emergency - Product / Service
- Exhibit 149: Falcon Emergency - Key offerings
- 12.14 IAS Medical Ltd.
- Exhibit 150: IAS Medical Ltd. - Overview
- Exhibit 151: IAS Medical Ltd. - Product / Service
- Exhibit 152: IAS Medical Ltd. - Key offerings
- 12.15 Luxembourg Air Rescue Asbl
- Exhibit 153: Luxembourg Air Rescue Asbl - Overview
- Exhibit 154: Luxembourg Air Rescue Asbl - Product / Service
- Exhibit 155: Luxembourg Air Rescue Asbl - Key offerings
- 12.16 PHI Group Inc.
- Exhibit 156: PHI Group Inc. - Overview
- Exhibit 157: PHI Group Inc. - Business segments
- Exhibit 158: PHI Group Inc. - Key offerings
- Exhibit 159: PHI Group Inc. - Segment focus
- 12.17 REVA Inc.
- Exhibit 160: REVA Inc. - Overview
- Exhibit 161: REVA Inc. - Product / Service
- Exhibit 162: REVA Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 163: Inclusions checklist
- Exhibit 164: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 165: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 166: Research methodology
- Exhibit 167: Validation techniques employed for market sizing
- Exhibit 168: Information sources
- 13.5 List of abbreviations
- Exhibit 169: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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