Latin America Air Ambulance Services Market Size & Outlook
Latin America air ambulance services market, 2018-2030 (US$M)
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Latin America air ambulance services market highlights
- The Latin America air ambulance services market generated a revenue of USD 1,103.9 million in 2023.
- The market is expected to grow at a CAGR of 11.3% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,103.9 million |
| Market revenue in 2030 | USD 2,338.6 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Rotary-wing |
| Fastest growing segment | Fixed-wing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.8% of the global air ambulance services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,225.9 million by 2030.
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Air Ambulance Services Market Scope
Air Ambulance Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 76.33% in 2023. Horizon Databook has segmented the Latin America air ambulance services market based on rotary-wing, fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.
Air ambulance services market in Latin America accounted for 6.36% of the market revenue in 2016. High per capita healthcare expenditure, rise in number of road accidents requiring emergency medical response, and increase in medical tourism are some of the factors that are expected to boost the air ambulance service market in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America air ambulance services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America air ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America air ambulance services market size, by country, 2018-2030 (US$M)
Latin America Air Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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