South Africa Air Ambulance Services Market Size & Outlook
South Africa air ambulance services market, 2018-2030 (US$M)
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South Africa air ambulance services market highlights
- The South Africa air ambulance services market generated a revenue of USD 261.0 million in 2023 and is expected to reach USD 396.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, rotary-wing was the largest revenue generating type in 2023.
- Rotary-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 261.0 million |
| Market revenue in 2030 | USD 396.7 million |
| Growth rate | 6.2% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.6% 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 Middle East & Africa, South Africa air ambulance services market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 188.4 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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South Africa 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 77.66% in 2023. Horizon Databook has segmented the South Africa air ambulance services market based on rotary-wing, fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.
In 2011, aviation sector contributed 2.1% to the South African GDP. Rise in number of road accidents in South Africa has led to increased use of air ambulance. One-third of the patients requiring emergency medical services in Johannesburg are transported by air ambulance. South Africa offers cost-effective medical treatment options and therefore attracts a lot of medical tourists.
In addition, patients also travel abroad from South Africa for advanced treatment procedures. Cost of air ambulance services for patients travelling abroad are covered by the government, insurance companies, and corporate or private funds.
However, some air ambulance service providers suggested for an increase in funding and development of infrastructure to ensure rapid delivery of medical care to patients.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa air ambulance services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa air ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa air ambulance services market size, by type, 2018-2030 (US$M)
South Africa Air Ambulance Services Market Outlook Share, 2023 & 2030 (US$M)
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