China Air Ambulance Services Market Size & Outlook
China air ambulance services market, 2018-2030 (US$M)
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China air ambulance services market highlights
- The China air ambulance services market generated a revenue of USD 544.1 million in 2023 and is expected to reach USD 1,186.5 million by 2030.
- The China market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, rotary-wing was the largest revenue generating type in 2023.
- Fixed-wing is the most lucrative type segment registering the fastest growth during the forecast period.
Air ambulance services market data book summary
| Market revenue in 2023 | USD 544.1 million |
| Market revenue in 2030 | USD 1,186.5 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Rotary-wing |
| Fastest growing segment | Fixed-wing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotary-wing, Fixed-wing |
| Key market players worldwide | Air Methods, AMR Air Ambulance, PHI Air Medical, SAS AB, REVA Air Ambulance, Lifeguard Ambulance Service, Acadian Ambulance Service, IAS Medical, Global Medical Response, AirMed International, AirLink Ambulance |
Other key industry trends
- In terms of revenue, China accounted for 3.4% of the global air ambulance services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China air ambulance services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 617.0 million by 2030.
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Air Ambulance Services Market Scope
Air Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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China air ambulance services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air ambulance services market will help companies and investors design strategic landscapes.
Rotary-wing was the largest segment with a revenue share of 75.54% in 2023. Horizon Databook has segmented the China air ambulance services market based on rotary-wing, fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.
China has made remarkable progress in the healthcare sector. China expanded its healthcare infrastructure and fortified the primary care system. It also achieved universal health insurance coverage in a short span of time and improved availability & affordability of healthcare services.
These healthcare reforms also had a positive impact on the air ambulance services. Moreover, the global per capita healthcare expenditure also increased by 55% from 1996 to 2014, which allowed for increase in air medical services.
However, Chinese healthcare system has some shortcomings such as increasing healthcare costs and the economic slowdown, which is making it difficult to match the global healthcare expenditure. China’s largest air medical provider is Deer Jet Medical.
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Our clientele includes a mix of air ambulance services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China air ambulance services market , including forecasts for subscribers. This country databook contains high-level insights into China air ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China air ambulance services market size, by type, 2018-2030 (US$M)
China Air Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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