Air Ambulance Equipment and Services Market Forecasts to 2030 – Global Analysis By Aircraft Type (Rotary Wing, Fixed Wing and Other Aircraft Types), Equipment, Service, Application, End User and By Geography
Description
Air Ambulance Equipment and Services Market Forecasts to 2030 – Global Analysis By Aircraft Type (Rotary Wing, Fixed Wing and Other Aircraft Types), Equipment, Service, Application, End User and By Geography
According to Stratistics MRC, the Global Air Ambulance Equipment and Services Market is accounted for $7.1 billion in 2023 and is expected to reach $17.1 billion by 2030 growing at a CAGR of 13.6% during the forecast period. Air ambulance equipment and services refer to specialized medical transportation via aircraft, designed to provide rapid and efficient medical care and transportation for patients in critical conditions or those requiring urgent care over long distances. These services typically involve a specially equipped aircraft staffed with medical professionals, including paramedics, nurses, and sometimes doctors.
According to DESA, the number of individuals aged 60 and above in the United Kingdom is expected to more than quadruple by 2050, from 820 million in 2021.
Market Dynamics:
Driver:
Increased awareness and accessibility
Technological advancements have bolstered equipment capabilities, ensuring more reliable and efficient medical interventions during air transport. Enhanced availability of these services in diverse regions has expanded accessibility, providing timely and life-saving interventions for critical patients. This increased awareness and accessibility signify a positive shift in the industry, offering hope and improved outcomes for individuals requiring urgent medical air transport.
Restraint:
Limited availability in remote areas
In remote areas, the market faces significant challenges due to limited accessibility. This scarcity hampers timely medical interventions and transportation, impacting critical patient care. Insufficient infrastructure and resources restrict the availability of specialized equipment and trained personnel, exacerbating healthcare disparities in these regions. Overcoming these obstacles requires innovative solutions, improved logistical support, and strategic partnerships to ensure equitable access to life-saving air ambulance services in remote areas.
Opportunity:
Advancements in medical technology
Innovations include portable life support systems, advanced monitoring devices, and telemedicine solutions, enabling real-time communication with medical experts. Additionally, the integration of AI-driven algorithms and miniaturized medical devices has optimized critical care delivery in-flight. These developments have significantly improved the capabilities of air ambulance services, ensuring better outcomes for patients in emergency situations. Hence, these are the factors propelling the growth of the market.
Threat:
Weather and operational constraints
Unpredictable weather patterns, including storms and low visibility, hinder timely responses and safe transport. Operational constraints such as limited landing sites and regulatory restrictions in certain regions add complexity. Ensuring equipment resilience to weather extremes and adapting operations to diverse conditions remain crucial for reliable air ambulance services. The market faces challenges due to varying weather conditions impacting flight operations.
Covid-19 Impact:
The COVID-19 pandemic significantly affected the market. Demand surged for specialized medical equipment, including ventilators and PPE, resulting in supply chain disruptions. Service providers faced operational challenges due to travel restrictions and increased safety protocols. The market experienced fluctuations in demand for air ambulance services due to varying infection rates and healthcare resource allocation, impacting the industry's growth and operational dynamics.
The oxygen rack segment is expected to be the largest during the forecast period
The oxygen rack segment is expected to be the largest during the forecast period. It provides secure and accessible storage for life-sustaining oxygen cylinders during medical transportation. It ensures secure placement and easy accessibility of oxygen cylinders, optimizing the life-saving supply for patient care. This essential component contributes significantly to the safety and functionality of air ambulances, enabling medical teams to deliver prompt and effective care while maintaining a streamlined and organized environment onboard.
The organ transplant logistics segment is expected to have the highest CAGR during the forecast period
The organ transplant logistics segment is expected to have the highest CAGR during the forecast period. It integrates specialized medical equipment, skilled personnel, and efficient transport systems to ensure timely and safe organ delivery. This sector focuses on swift response times, regulatory compliance, advanced technology, and meticulous coordination between medical teams and aviation services. These elements synergize to facilitate life-saving organ transplants via air ambulance, optimizing critical care during transit.
Region with largest share:
North America is projected to hold the largest market share during the forecast period due to technological advancements and expanded coverage in remote regions. It encompasses a wide range of life-saving equipment, including medical ventilators, monitoring devices, and specialized stretchers. The market is characterized by established players offering comprehensive services, catering to both emergency and non-emergency medical transportation needs, and it continues to exhibit steady growth in response to evolving healthcare needs and infrastructure.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period owing to increasing demand for rapid medical response and enhanced healthcare infrastructure. Advancements in technology, coupled with rising investments in emergency medical services, fuel market expansion. Key factors include the adoption of innovative medical equipment, the presence of established service providers, and supportive government initiatives. This market anticipates sustained growth, catering to the region's evolving healthcare needs.
Key players in the market
Some of the key players in Air Ambulance Equipment and Services market include Air Methods Corporation, Global Medical Response Inc., CHC Group LLC, PHI, Inc., Babcock International Group plc, European Air Ambulance , Avincis Aviation Sweden AB, Lifeguard Ambulance Service LLC , Life Flight Network, IAS Medical Limited , Aerolite AG, Bucher Group, Spectrum Aeromed, Inc., Lifeport, Inc., Air Ambulance Technology GmbH, United Rotorcraft, SPAES GmbH & Co. KG, AeroMedical Inc. and Lufthansa-Technik AG.
Key Developments:
In April 2023, Lifeport LLC, announced the acquisition of the advanced materials business of Aeromatrix Composites (Aeromatrix). LifePort acquired a portion of Aeromatrix's business, including flat & profiled composite panels, adhesives (ATR525, ATR1000 and ATR500), all ATR panel fasteners & inserts, and product lines load component.
In February 2023, Air Methods and UnitedHealthcare announced their partnership to provide air ambulance services to UnitedHealthcare members. The partnership will allow UnitedHealthcare members to access Air Methods' air ambulance services at no additional cost.
In January 2023, Air Methods, an American air medical services provider, launched a new critical care transport service.
Aircraft Types Covered:
• Rotary Wing
• Fixed Wing
• Other Aircraft Types
Equipments Covered:
• Medical Equipment Stowage and Retention
• Stretcher
• Oxygen Rack
• Patient Transport Unit
• Defibrillator Provisioning
• Flooring
• Other Equipments
Services Covered:
• Independent
• Government
Applications Covered:
• Rescue Helicopter Service
• Organ Transplant Logistics
• Infectious Disease Service
• Neonatal and Pediatric Transport
• Other Applications
End Users Covered:
• Military
• Commercial
• Hospital
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Air Ambulance Equipment and Services Market, By Aircraft Type
- 5.1 Introduction
- 5.2 Rotary Wing
- 5.3 Fixed Wing
- 5.4 Other Aircraft Types
- 6 Global Air Ambulance Equipment and Services Market, By Equipment
- 6.1 Introduction
- 6.2 Medical Equipment Stowage and Retention
- 6.3 Stretcher
- 6.4 Oxygen Rack
- 6.5 Patient Transport Unit
- 6.6 Defibrillator Provisioning
- 6.7 Flooring
- 6.8 Other Equipments
- 7 Global Air Ambulance Equipment and Services Market, By Service
- 7.1 Introduction
- 7.2 Independent
- 7.3 Government
- 8 Global Air Ambulance Equipment and Services Market, By Application
- 8.1 Introduction
- 8.2 Rescue Helicopter Service
- 8.3 Organ Transplant Logistics
- 8.4 Infectious Disease Service
- 8.5 Neonatal and Pediatric Transport
- 8.6 Other Applications
- 9 Global Air Ambulance Equipment and Services Market, By End User
- 9.1 Introduction
- 9.2 Military
- 9.3 Commercial
- 9.4 Hospital
- 9.5 Other End Users
- 10 Global Air Ambulance Equipment and Services Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
- 11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
- 12 Company Profiling
- 12.1 Air Methods Corporation
- 12.2 Global Medical Response Inc.
- 12.3 CHC Group LLC
- 12.4 PHI, Inc.
- 12.5 Babcock International Group plc
- 12.6 European Air Ambulance
- 12.7 Avincis Aviation Sweden AB
- 12.8 Lifeguard Ambulance Service LLC
- 12.9 Life Flight Network
- 12.10 IAS Medical Limited
- 12.11 Aerolite AG
- 12.12 Bucher Group
- 12.13 Spectrum Aeromed, Inc.
- 12.14 Lifeport, Inc.
- 12.15 Air Ambulance Technology GmbH
- 12.16 United Rotorcraft
- 12.17 SPAES GmbH & Co. KG
- 12.18 AeroMedical Inc.
- 12.19 Lufthansa-Technik AG
- List of Tables
- Table 1 Global Air Ambulance Equipment and Services Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Air Ambulance Equipment and Services Market Outlook, By Aircraft Type (2021-2030) ($MN)
- Table 3 Global Air Ambulance Equipment and Services Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 4 Global Air Ambulance Equipment and Services Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 5 Global Air Ambulance Equipment and Services Market Outlook, By Other Aircraft Types (2021-2030) ($MN)
- Table 6 Global Air Ambulance Equipment and Services Market Outlook, By Equipment (2021-2030) ($MN)
- Table 7 Global Air Ambulance Equipment and Services Market Outlook, By Medical Equipment Stowage and Retention (2021-2030) ($MN)
- Table 8 Global Air Ambulance Equipment and Services Market Outlook, By Stretcher (2021-2030) ($MN)
- Table 9 Global Air Ambulance Equipment and Services Market Outlook, By Oxygen Rack (2021-2030) ($MN)
- Table 10 Global Air Ambulance Equipment and Services Market Outlook, By Patient Transport Unit (2021-2030) ($MN)
- Table 11 Global Air Ambulance Equipment and Services Market Outlook, By Defibrillator Provisioning (2021-2030) ($MN)
- Table 12 Global Air Ambulance Equipment and Services Market Outlook, By Flooring (2021-2030) ($MN)
- Table 13 Global Air Ambulance Equipment and Services Market Outlook, By Other Equipments (2021-2030) ($MN)
- Table 14 Global Air Ambulance Equipment and Services Market Outlook, By Service (2021-2030) ($MN)
- Table 15 Global Air Ambulance Equipment and Services Market Outlook, By Independent (2021-2030) ($MN)
- Table 16 Global Air Ambulance Equipment and Services Market Outlook, By Government (2021-2030) ($MN)
- Table 17 Global Air Ambulance Equipment and Services Market Outlook, By Application (2021-2030) ($MN)
- Table 18 Global Air Ambulance Equipment and Services Market Outlook, By Rescue Helicopter Service (2021-2030) ($MN)
- Table 19 Global Air Ambulance Equipment and Services Market Outlook, By Organ Transplant Logistics (2021-2030) ($MN)
- Table 20 Global Air Ambulance Equipment and Services Market Outlook, By Infectious Disease Service (2021-2030) ($MN)
- Table 21 Global Air Ambulance Equipment and Services Market Outlook, By Neonatal and Pediatric Transport (2021-2030) ($MN)
- Table 22 Global Air Ambulance Equipment and Services Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 23 Global Air Ambulance Equipment and Services Market Outlook, By End User (2021-2030) ($MN)
- Table 24 Global Air Ambulance Equipment and Services Market Outlook, By Military (2021-2030) ($MN)
- Table 25 Global Air Ambulance Equipment and Services Market Outlook, By Commercial (2021-2030) ($MN)
- Table 26 Global Air Ambulance Equipment and Services Market Outlook, By Hospital (2021-2030) ($MN)
- Table 27 Global Air Ambulance Equipment and Services Market Outlook, By Other End Users (2021-2030) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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