Market revenue in 2023 | USD 7,128.6 million |
Market revenue in 2030 | USD 14,530.7 million |
Growth rate | 10.7% (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 77.65% in 2023. Horizon Databook has segmented the U.S. air ambulance services market based on rotary-wing, fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.
In 2003, 545 helicopters operated from 472 air bases in the U.S. and by 2015 the number almost doubled to 1045 helicopters operating from 864 bases. This increase can be attributed to rise in Medicare reimbursement rates and closure of hospitals in rural areas.
Highly competitive nature of US air ambulance market allows commercial service providers to charge exorbitant amount for their services. The competitive nature also resulted in overutilization of air ambulance services especially for patients where these services were not essentially necessary.
However, it is also observed that patients transported to trauma I or trauma II centers by air ambulance had better survival rates. In 2016, Association of Air Medical Services lobbied for passing bills that would increase Medicare rates by 20% from January 2016 and additional 5% from 2017 to 2019.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. air ambulance services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. air ambulance services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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