The global air ambulance services market size is expected to reach USD 37.89 billion by 2030 according to a new study by Polaris Market Research. The report “Air Ambulance Service Market Share, Size, Trends, Industry Analysis Report, By Type (Rotary-wing, Fixed-wing); By Service (Hospital-based, Community-based); By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing frequency of road accidents, and the growth in the prevalence of diseases requiring immediate medical care are responsible for the market’s growth. In addition, advanced reimbursement policies and rising medical tourism are likely to have a positive impact on market growth.
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The COVID-19 pandemic boosted the demand for air ambulance services. As several patients lost their lives due to prolonged trip durations, many countries now use these services to save lives. The rising number of emergencies to handle during the pandemic increased, it turns increasing the demand for air ambulances, which has accelerated the market’s growth during the pandemic.
Additionally, the growing urban population and rising R&D investment in advanced passenger drones are expected to influence the market’s growth over the forecast period. For instance, in 2021, EHang Holdings announced that it had joined an international project Ambular, to design an ambulance drone supported by the International Civil Aviation Organization. The primary purpose of this project was to inspire the global aviation community to unleash the potential of electric vehicle takeoff and landing aircraft.
Air Ambulance Service Market Report Highlights
Polaris Market Research has segmented the air ambulance service market report based on type, service, and region:
Air Ambulance Service, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Air Ambulance Service, Service Outlook (Revenue - USD Billion, 2018 - 2030)
Air Ambulance Service, Regional Outlook (Revenue - USD Billion, 2018 - 2030)