Press release
Air Ambulance market size is projected to reach USD 8343.4 Million by 2026 at a CAGR of 10.3% | Valuates Reports
The global Air Ambulance market size is projected to reach USD 8343.4 Million by 2026, from USD 4200.7 Million in 2019, at a CAGR of 10.3% during 2021-2026. Features such as attractive reimbursement policies increased governmental attention on improving emergency care standards, and the desire for better emergency health care services is expected to boost the air ambulance market.
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Air Ambulance Market Trends
Increasing Incidence of Chronic Diseases Expected to Surge Demand for Air Medical Services is expected to drive the growth of the air ambulance market. The need for air medical services has increased as the prevalence of chronic diseases such as diabetes, cancer, cardiovascular disease, and others has increased. Furthermore, the increased geriatric population is expected to further propel the air ambulance market.
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Air Ambulance Market Share
For the major players of air ambulance, Air Methods maintained its first place in the ranking in 2019, followed by Global Medical Response. The Top 5 players accounted for 38% of the global air ambulance revenue market share in 2019, which shows the market is not concentrated and each region has local players compete in the market.
In this study, the revenue market for air ambulance was divided into five geographic regions. North America occupied the largest revenue market share with 58% in 2019. It is followed by Europe because of the developed air transport industry in these regions and air medical development in these countries is very early. Developing countries such as China and India has small market now.
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By Type
• Rotary Wing Air Ambulance Service
• Fixed Wing Air Ambulance Service
By Application
• Aid
• Transport
• Others
Key Companies
• Air Methods
• Global Medical Response
• PHI
• Rega
• DRF Luftrettung
• ADAC Luftrettung GmbH
• Royal Flying Doctor Service
• LPR
• Scandinavian Air Ambulance
• REVA Air Ambulance
• FAI
• Tyrol Air Ambulance
• NAKANIHON AIR
• Capital Air Ambulance
• Airmed International
• Aero Asahi Corporation
• Brasil Vida Taxi Aereo
• Redstar Aviation
• Alpha Star
• Sarpa
• Deer Jet
• Capital Helicopter
• Universal Air Evac.
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