Top Companies in Air Ambulance Market | Top Key Players Company Size & Share, Market Insights, Statistics, Future Scope | Full Research Report by Vantage Market Research
Air Ambulance services, also known as medical air transport services, are a type of air evacuation or transportation facility provided to patients in emergency cases.
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Market Overview
The Global Air Ambulance Market was valued at USD 5.5 Billion in the year 2021 and is forecast to reach a value of USD 8.8 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 8.2% over the forecast period. Air Ambulance Service refers to an evacuation facility provided for emergency purposes, including home patients, accident cases, etc. Ambulance services are majorly used to provide emergency care services to a patient who needs to arrive at the nearest medical hospital. In addition, the ambulance trained medical professionals on board to treat emergency patients on their way to the hospital. The advancement in the healthcare sector and the growing number of risks worldwide are some key drivers of the Air Ambulance Services Market. Air Ambulance makes it easier to travel faster compared to conventional ambulance services on the road. It provides a timely and well-organized corridor for medical emergencies such as road accidents or burns.
In addition, heart disease, including heart attacks, and other serious health problems, such as strokes, require urgent care. Air Ambulance Services are beneficial in such cases in transporting patients quickly to nearby medical facilities. These services improve the accessibility of medical facilities even in remote areas with poor infrastructure. Furthermore, developments such as online bookings for Air Ambulance Services create a favorable market view. Factors such as an increase in the cost of emergency medical care, a growing number of hospitals that can provide Air Ambulance service, and advanced medical facilities in various parts of the world are accelerating the growth of the Air Ambulance Services Market in the coming years.
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Some of the key players operating in the Air Ambulance Market are listed below:
|
Company Name |
Revenue in the US |
|
<$5 Million |
|
$685 Million |
|
$71 Million |
|
$58 Million |
|
<$5 Million |
|
<$5 Million |
|
<$5 Million |
|
$34 Million |
Air Medical was founded in 2004 and headquartered in the U.S. The Company provides emergency transportation services to individuals with critical health issues or injuries who are too far from hospitals to be transported by ground. Air Medical's subsidiaries transport over 75 thousand critically injured patients each year through a fleet of helicopters and airplanes that operate 24 hours a day and seven days a week. In addition, Air Medical provides over 120 thousand ground transports on an annual basis.
PHI Air Medical was founded in 2014 and is headquartered in Arizona. The Company is one of the leading Air Ambulance providers across the country. They also provide air medical services and outreach education to local communities & leading healthcare systems. Additionally, the Company offers air medical transportation services for hospitals and emergency service agencies. PHI Air Medical serves customers in the United States.
REVA Air Ambulance was founded in 2012 and headquartered in Fort Lauderdale. The Company provides medical transportation solutions and offers registered flight nurses, paramedics, respiratory therapists, & physicians on aircraft equipped for medical transport. REVA Air Ambulance serves patients worldwide. REVA operates fixed-wing, medically trained jets transporting ill or injured patients worldwide. Additionally, REVA works with insurance and travel assistance companies and intrepid travelers and their families.
IAS Medical was founded in the year 2006 and is headquartered in London. The Company provides a private Air Ambulance service to health institutions, governments, insurance companies, and individuals around the world. The Company has specialties in Worldwide Air Ambulance, Commercial Repatriation, and European Surgical Team Flights. The Company
AirMed International LLC, based in Birmingham, Alabama, is a fee-for-service Air Ambulance airline. The Company was established in 1987 as MEDjet International and renamed AirMed International in 2003. AirMed gives international service to all countries except for Libya, Iraq, and North Korea. The Company formerly managed the fixed-wing component of Mayo MedAir, the air medical services for the Mayo Clinic, until Mayo dropped the contract and is now operating their airplane. AirMed is also a contracted carrier for the U.S. Department of Defense. AirMed holds accreditation from the Commission on Accreditation of Medical Transport Systems (CAMTS) and the European Aeromedical Institute.
Native American Air Ambulance LLC is located in Mesa, AZ, United States, and is part of the Other Ambulatory Health Care Services Industry. Native American Air Ambulance, Inc. is an airline/aviation-based company. The Company was founded in the year 2006.
Babcock Scandinavian Air Ambulance is a Swedish helicopter and fixed-wing airline that operates primarily Air Ambulance helicopters and planes for the Swedish, Finnish, and Norwegian governments. The airline operates 18 helicopters and nine fixed-wing aircraft and has headquarters in Stockholm Arlanda Airport, Sweden. The Company was founded in the year 2001 and is headquartered in Sweden.
Deccan Charters is an aviation company located in Bengaluru, India, that operates fixed-wing charter and helicopter services. The company's main base is HAL Bangalore International Airport. In addition, the Company supports the maintenance unit of Deccan Charters and maintains helicopters on behalf of 50 Indian corporates such as Reliance Industries and Essar Group. The airline started operations on 3 December 1997.
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