Air Ambulance Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[162+ Pages Report] According to the report published by Facts Factors, the global air ambulance market size was worth around USD 6,800 million in 2019 and is predicted to grow to around USD 7,200 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global air ambulance market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the air ambulance market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Air Ambulance industry. The report analyzes and declares the historical and current trends analysis of the Air Ambulance industry and subsequently recommends the projected trends anticipated to be observed in the Air Ambulance market during the upcoming years.

The Air Ambulance market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Air Ambulance market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the interview with industry participants, increasing awareness associated with several benefits of air ambulances in the medical field has been driving the target market growth
• In addition, government initiatives, as well as increased investments in the medical sector, has been propelling the target market growth
• Target market revenue generation in 2019 was around USD 6800 Million
• North America was the major revenue-generating region, generated around USD 3,250 Million in 2019
• Rotatory wings and transport applications were the dominating categories of type and application segments respectively.

Key Recommendations from Analysts

• As per our analyst, providers of air ambulance some of the economies are concentrating on offering many advanced technology solutions to consumers. This may further enhance the target market growth.
• The target market is anticipated to grow at CAGR of around 5%
• Target market is expected to generate revenue of around USD 7,200 Million in 2026
• North America is anticipated to continue its dominance in 2026 as well
• Rotatory wings and transport application are expected to continue dominating their respective segments namely type and application

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Air Ambulance industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Air Ambulance industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Air Ambulance market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Air Ambulance industry. The Air Ambulance market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Air Ambulance sector. Key strategic developments in the Air Ambulance market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Air Ambulance market are appropriately highlighted in the report.

Growing awareness regarding air ambulances advantages in the medical field has been driving the target market growth. In addition, government initiatives and increasing investments by numerous key players in medical sectors have been propelling the target market growth as well. Furthermore, many companies have been focusing on the growth of many skills coupled with a rise in productivity and augmenting the abilities of their employees. This factor is anticipated to create lucrative growth opportunities over the forecast period.

Increased spending on air ambulance by the businesses is expected to boost the target market. Providers of air ambulance in many regions are focusing on offering many advanced technology solutions to consumers. Also, increasing investments by target market players coupled has augmented the target market growth.

The Air Ambulance market research report delivers an acute valuation and taxonomy of the Air Ambulance industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Air Ambulance industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Air Ambulance industry is provided for the leading economies of the world.

The Air Ambulance market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into a fixed-wing airplanes and rotatory wings. In terms of Application segmentation, the market is bifurcated into transport application, aid application, doctor’s attendance, and others.

Some of the essential players operating in the Air Ambulance market include

•  PHI Air Medical
•  Air Methods
•  Rega
•  DRF
•  REVA Inc.
•  MED FLIGHT
•  Capital Air Ambulance
•  Yorkshire Air Ambulance
•  Scandinavian Air Ambulance
•  Lifeguard Ambulance Service Llc
•  FAI Flight Ambulance

The taxonomy of the Air Ambulance industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Fixed-wing airplane
• Rotatory Wings or Helicopter

By Application Segmentation Analysis

• Transport Application
• Aid Application
• Doctor’s Attendance
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa