Global Air Ambulance Market 2024-2028

The air ambulance market is forecasted to grow by USD 6.77 bn during 2023-2028, accelerating at a CAGR of 10.05% during the forecast period. The report on the air ambulance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of infectious diseases, growing geriatric population, and advanced onboard medical treatment.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.63%
CAGR	10.05%
Incremental Value	$6.77bn

Technavio's air ambulance market is segmented as below:

By Service

Hospital-based service
Community-based service
Others

By Aircraft Type

Rotary-wing aircraft
Fixed-wing aircraft

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing participation in adventurous and recreational activities as one of the prime reasons driving the air ambulance market growth during the next few years. Also, high access to air ambulances to reach injured people and product development and commercialization by vendors will lead to sizable demand in the market.

The report on the air ambulance market covers the following areas:

Air ambulance market sizing
Air ambulance market forecast
Air ambulance market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air ambulance market vendors that include Air charter service group ltd, Air Methods Corp., Air Rescuers World Wide Pvt Ltd., American Air Ambulance, Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., Express Air Medical Transport LLC, Falcon Emergency, Horizon Jets Charter Inc., IAS Medical Ltd., KKR and Co. Inc., Life Savers Ambulance Services, Luxembourg Air Rescue Asbl, Medical Air Service, Medivic Pharmaceutical Pvt. Ltd, PHI Inc., REVA Inc., Acadian Ambulance Service Inc., and Air Ambulance Worldwide. Also, the air ambulance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43344

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 Geographical Landscape
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 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global air ambulance market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global air ambulance market 2018 - 2022 ($ billion)
4.2 Service Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Service Segment 2018 - 2022 ($ billion)
4.3 Aircraft Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Aircraft Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Service

6.1 Market segments
Exhibit 30: Chart on Service - Market share 2023-2028 (%)
Exhibit 31: Data Table on Service - Market share 2023-2028 (%)
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 2023-2028
Exhibit 34: Chart on Hospital-based service - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Hospital-based service - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Hospital-based service - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Hospital-based service - Year-over-year growth 2023-2028 (%)
6.4 Community-based service - Market size and forecast 2023-2028
Exhibit 38: Chart on Community-based service - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Community-based service - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Community-based service - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Community-based service - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Service
Exhibit 46: Market opportunity by Service ($ billion)
Exhibit 47: Data Table on Market opportunity by Service ($ billion)

7 Market Segmentation by Aircraft Type

7.1 Market segments
Exhibit 48: Chart on Aircraft Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Aircraft Type - Market share 2023-2028 (%)
7.2 Comparison by Aircraft Type
Exhibit 50: Chart on Comparison by Aircraft Type
Exhibit 51: Data Table on Comparison by Aircraft Type
7.3 Rotary-wing aircraft - Market size and forecast 2023-2028
Exhibit 52: Chart on Rotary-wing aircraft - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Rotary-wing aircraft - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Rotary-wing aircraft - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Rotary-wing aircraft - Year-over-year growth 2023-2028 (%)
7.4 Fixed-wing aircraft - Market size and forecast 2023-2028
Exhibit 56: Chart on Fixed-wing aircraft - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Fixed-wing aircraft - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Fixed-wing aircraft - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Fixed-wing aircraft - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Aircraft Type
Exhibit 60: Market opportunity by Aircraft Type ($ billion)
Exhibit 61: Data Table on Market opportunity by Aircraft Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 103: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Acadian Ambulance Service Inc.
Exhibit 115: Acadian Ambulance Service Inc. - Overview
Exhibit 116: Acadian Ambulance Service Inc. - Product / Service
Exhibit 117: Acadian Ambulance Service Inc. - Key offerings
12.4 Air Ambulance Worldwide
Exhibit 118: Air Ambulance Worldwide - Overview
Exhibit 119: Air Ambulance Worldwide - Product / Service
Exhibit 120: Air Ambulance Worldwide - Key offerings
12.5 Air charter service group ltd
Exhibit 121: Air charter service group ltd - Overview
Exhibit 122: Air charter service group ltd - Product / Service
Exhibit 123: Air charter service group ltd - Key offerings
12.6 Air Methods Corp.
Exhibit 124: Air Methods Corp. - Overview
Exhibit 125: Air Methods Corp. - Product / Service
Exhibit 126: Air Methods Corp. - Key offerings
12.7 Air Rescuers World Wide Pvt Ltd.
Exhibit 127: Air Rescuers World Wide Pvt Ltd. - Overview
Exhibit 128: Air Rescuers World Wide Pvt Ltd. - Product / Service
Exhibit 129: Air Rescuers World Wide Pvt Ltd. - Key offerings
12.8 American Air Ambulance
Exhibit 130: American Air Ambulance - Overview
Exhibit 131: American Air Ambulance - Product / Service
Exhibit 132: American Air Ambulance - Key offerings
12.9 Augsburg Air Ambulance
Exhibit 133: Augsburg Air Ambulance - Overview
Exhibit 134: Augsburg Air Ambulance - Product / Service
Exhibit 135: Augsburg Air Ambulance - Key offerings
12.10 Babcock International Group Plc
Exhibit 136: Babcock International Group Plc - Overview
Exhibit 137: Babcock International Group Plc - Business segments
Exhibit 138: Babcock International Group Plc - Key offerings
Exhibit 139: Babcock International Group Plc - Segment focus
12.11 EMSOS Medical Pvt. Ltd.
Exhibit 140: EMSOS Medical Pvt. Ltd. - Overview
Exhibit 141: EMSOS Medical Pvt. Ltd. - Product / Service
Exhibit 142: EMSOS Medical Pvt. Ltd. - Key offerings
12.12 Express Air Medical Transport LLC
Exhibit 143: Express Air Medical Transport LLC - Overview
Exhibit 144: Express Air Medical Transport LLC - Product / Service
Exhibit 145: Express Air Medical Transport LLC - Key offerings
12.13 Falcon Emergency
Exhibit 146: Falcon Emergency - Overview
Exhibit 147: Falcon Emergency - Product / Service
Exhibit 148: Falcon Emergency - Key offerings
12.14 Horizon Jets Charter Inc.
Exhibit 149: Horizon Jets Charter Inc. - Overview
Exhibit 150: Horizon Jets Charter Inc. - Product / Service
Exhibit 151: Horizon Jets Charter Inc. - Key offerings
12.15 IAS Medical Ltd.
Exhibit 152: IAS Medical Ltd. - Overview
Exhibit 153: IAS Medical Ltd. - Product / Service
Exhibit 154: IAS Medical Ltd. - Key offerings
12.16 KKR and Co. Inc.
Exhibit 155: KKR and Co. Inc. - Overview
Exhibit 156: KKR and Co. Inc. - Business segments
Exhibit 157: KKR and Co. Inc. - Key offerings
Exhibit 158: KKR and Co. Inc. - Segment focus
12.17 Life Savers Ambulance Services
Exhibit 159: Life Savers Ambulance Services - Overview
Exhibit 160: Life Savers Ambulance Services - Product / Service
Exhibit 161: Life Savers Ambulance Services - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 162: Inclusions checklist
Exhibit 163: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 164: Currency conversion rates for US$
13.4 Research methodology
Exhibit 165: Research methodology
Exhibit 166: Validation techniques employed for market sizing
Exhibit 167: Information sources
13.5 List of abbreviations
Exhibit 168: List of abbreviations