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Air Ambulance Services Market Trends

  • Report ID: GMI12313
  • Published Date: Nov 2024
  • Report Format: PDF

Air Ambulance Services Market Trends

Air ambulance providers are expanding their reach globally while improving patient care and adopting advanced medical technology. They're investing in diverse aircraft fleets equipped with specialized medical gear to serve both urban and remote areas quickly. Telemedicine is now a key feature, allowing real-time patient monitoring and early treatment during flights. Companies are also joining forces through mergers and acquisitions to pool resources, broaden their service range, and meet growing demand. These changes show the industry's commitment to delivering fast, accessible, and high-quality care worldwide.
 

For instance, in February 2024, Geno Haggan, the owner of Peak Medevac International, acquired Air Ambulance Worldwide. This merger brings together two leading air ambulance providers, combining their expertise and resources under the Air Ambulance Worldwide brand. The acquisition aims to create a more comprehensive and globally accessible service, with an enhanced focus on patient care and safety. By pooling their industry knowledge and aviation assets, the newly expanded company is poised to offer improved air ambulance services to clients worldwide.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for air ambulance services was valued at USD 6.7 billion in 2024 and is estimated to reach USD 16.5 billion by 2034, driven by a CAGR of 9.7% from 2025 to 2034.

The rotary-wing segment held a market share of over 75% in 2024 and is expected to grow at a lucrative pace, driven by its ability to provide quick emergency responses in both urban and remote areas.

North America market is expected to reach over USD 8 billion by 2034, driven by the increasing inclusion of air ambulance services in insurance coverage plans and growing collaborations between air ambulance companies and insurance providers.

Major players in the industry include Acadian Ambulance, Air Methods, AirLink Ambulance, AirMed International, American Air Ambulance, American Medical Response, Babcock Scandinavian Air Ambulance, CareFlight, European Air Ambulance, and Global Medical Response.

Air Ambulance Services Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 16
  • Tables & Figures: 214
  • Countries covered: 19
  • Pages: 210
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