Market revenue in 2023 | USD 222.7 million |
Market revenue in 2030 | USD 337.7 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | Rotary-wing |
Fastest growing segment | Rotary-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 |
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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 77.68% in 2023. Horizon Databook has segmented the Saudi Arabia air ambulance services market based on rotary-wing, fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.
In 2016, the Saudi Arabia government reduced the healthcare expenditure by 35%, which provides an opportunity for private investors to invest in healthcare market. Demand for healthcare services is growing in Saudi Arabia due to rise in aging population, increase in need for specialized disease management centers, etc.
However, rise in population and affluence has led to increase in demand for aviation services, which is anticipated to drive the air ambulance market. Hajj pilgrimage also plays a vital role in air medical transportation, by helping the pilgrims in case of accidents or medical emergencies.
This initiative may allow various private service providers to invest in air ambulance market. Saudi Arabia’s aviation sector is also one of the most highly regulated market in the world.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia air ambulance services market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia air ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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