Air Ambulance Services Market Analysis, Drivers, Consumption
and Growth Rate by 2014-2025
“The factors contributing to the growth of the market are increasing the
prevalence of chronic diseases, for instance, cardiac disorders which need an
emergency medical response, accessibility of reimbursement policies, rising
per capita healthcare expenditure and improvement of medical
infrastructure in entertainment & sports industry.”
Industry Insights
The market size for global air ambulance services was worth USD 3.7 billion in 2016 which is anticipated to grow
at a CAGR of more than 9.3% during the forecast period. The factors contributing to the growth of the market
are increasing the prevalence of chronic diseases, for instance, cardiac disorders which need an emergency
medical response, accessibility of reimbursement policies, rising per capita healthcare expenditure and
improvement of medical infrastructure in entertainment & sports industry.
An exponential rise in the per capita healthcare spending is observed worldwide in the past twenty years.
According to the statistics given by The World Bank Group, in 1996, the per capita healthcare expenditure was
approximately USD 467.6 and this figure raised exponentially to USD 1,060.9 in 2014. The 55.0% growth in per
capita healthcare spending can be associated with better access to quality care, better economic conditions,
and rising awareness amongst the population. These factors also contribute towards a rise in demand for air
ambulance services in the last five years.
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The air ambulance service operators, particularly in developing nations, are offering a wide spectrum to air
ambulance services to leverage the increasing demand. Additionally, increase in the number of service providers