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  • Published On : Dec 2021
  • Code : CMI4830
  • Industry : Medical Devices
  • Pages : 164
  • Formats :

An air ambulance aircraft is used for the safe and comfortable transportation of patients who are critically ill and cannot travel long distance using other mode of transport. An air ambulance is a business class aircraft and is equipped with advanced medical appliances to provide urgent medical assistance for patients. The air ambulance service providers in Europe are currently offering medical repatriation service i.e. to help the citizens of Europe to return back to their country i.e. Europe. Thus, this factor when coupled to other factors is expected to increase the demand for medical service in European countries. Moreover, the companies are working towards the improvement of air ambulance services by innovating new aircrafts with modifications.

Europe Air Ambulance Services Market - Impact of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is expected to drive the growth of the Europe air ambulance services market over the forecast period. COVID-19 pandemic has significantly impacted the market. An upsurge in demand for helicopter emergency medical services from hospitals, health insurance firms, assistance companies, and independent end-users is witnessed amidst COVID-19. According to the Scandinavian Journal of Trauma, Resuscitation and Emergency Medicine: 2020, six air ambulance services in Europe provided information for the development of special instructions and safety procedures in preparation for handling COVID-19 patients. The following tables depicts the six air ambulance services and their preparation for handling COVID-19 patients.

European air ambulance, one of the regions’ largest air medical services providers, developed new protocols in October 2020 to transport COVID-19 patients. Moreover, the pandemic provided the opportunity to transport COVID-19 patients from rural areas, states, or countries that faced shortage of ICU beds or specialized equipment during pandemic. For instance, Life Flight network, an air ambulance provider in Europe, transported 600 COVID-19 patients in 2020. In total, Life Flight Network has followed full infectious disease protocols for the transportation of nearly 1,300 due to the presence of COVID-like symptoms. Life Flight Network provides ICU-level care, including ventilator support when needed, throughout the transport. The following pie chart shows the number of positive and negative COVID-19 patients transported during the pandemic.

Europe Air Ambulance Services  | Coherent Market Insights

The Europe air ambulance services market is estimated to be valued at US$ 4,619.0 Mn in 2021 and is expected to exhibit a CAGR of 10.1% over the forecast period (2021-2028).

 Figure 1: Europe Air Ambulance Services Market Share (%) Analysis, By Type, 2021

Europe Air Ambulance Services  | Coherent Market Insights

Jet manufacturing companies are involved in selling new helicopter series to the market players in the air ambulance services market. This is expected to increase the growth of the market over the forecast period.

Aircraft manufacturers are engaged in selling their aircrafts to the air ambulance service providers, which is expected to spur the growth of the market over the forecast period. For instance, in January 2020, Bombardier, a Canada-based business jets manufacturer, sold its two Learjet 75 Liberty aircraft to North Dakota-based Fargo Jet Center (FJC) where the aircraft were converted to dedicated medevac configuration i.e. aircraft with room for up to three stretchers and manufactured to more stringent safety standards than other light jets and later were delivered to air ambulance service provider, Lotnicze Pogotowie Ratunkowe (LPR), based in Warsaw, Poland. Lotnicze Pogotowie Ratunkowe provides 24/7 air ambulance services throughout Poland, Europe via a fleet of 27 rotary wing and two turboprop aircraft. The addition of the two Learjet aircrafts will mark the expansion of LPRs operations to include jet aircraft.

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Europe Air Ambulance Services Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 4,619.0 Mn
Historical Data for: 2018 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 10.1% 2028 Value Projection: US$ 9,050.9 Mn
Geographies covered:
  • Region: Europe
Segments covered:
  • By Type: Rotary Wing, Fixed Wing
  • By Service Model: Hospital Based, Government Run, Independent
  • By End User: Domestic, International
Companies covered:

Aero Medical Ambulance Service, Aero-Dienst GmbH, Airlec Air Espace, European Air Ambulance, Flightserve International, IAS Medical, Medical Air Service, Quick Air Jet Charter GmbH, Babcock Scandinavian Air Ambulance, Capital Air Ambulance

Growth Drivers:
  • Increasing inorganic activities such as acquisitions
  • Market players are indulged in expansion of product portfolio
Restraints & Challenges:
  • High cost of air ambulance services

Increasing inorganic activities by the market players, such as acquisitions, in order to acquire new set of air crafts, is expected to increase the growth of the market over the forecast period

Key players are involved in inorganic activities such as acquisitions, which is expected to propel the growth of the market over the forecast period. For instance, the ‘Kommunalförbundet Svenskt Ambulansflyg’ (KSA), a national organization formed, mutually owned and financed by all 21 regions in Sweden, KSA acquired six Pilatus PC-24s fully equipped air ambulance configuration from Pilatus Aircraft Ltd. These PC-24s started providing aeromedical care across Sweden since the year 2021.

Europe Air Ambulance Services Market – Restraints

Europe air ambulance services market growth is expected to be hampered in the near future, owing to high cost of the air ambulance services. For instance, according to the article published in the journal, the American Journal of Managed Care: October 4, 2021, the costs for both airplane and helicopter air ambulance transport, average estimated air ambulance costs rose by 76.4% from 2017 to 2020. The following graph shows the gradual increase of the cost of the fixed-wing and rotary-wing air ambulance services, in US$ thousands, from the year 2017 to 2020.

Europe Air Ambulance Services  | Coherent Market Insights

Figure 2: Europe Air Ambulance Services Market Value (US$ Mn) & Y-o-Y Growth (%), 2021 - 2028

Europe Air Ambulance Services  | Coherent Market Insights

Europe Air Ambulance Services Market – Competitive Landscape

Major players operating in the Europe air ambulance services market include Aero Medical Ambulance Service, Aero-Dienst GmbH, Airlec Air Espace, European Air Ambulance, Flightserve International, IAS Medical, Medical Air Service, Quick Air Jet Charter GmbH, Babcock Scandinavian Air Ambulance, Capital Air Ambulance

Air ambulance services or air medical services is a term which is used for the transportation of critically ill patients through air transportation, aeroplane, or helicopter. The aircraft transports the patients to and from healthcare facilities and accident scenes. The aircraft is equipped with advanced functions which allows the air ambulance personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.

Market Dynamics

Market players are indulged in transportation of critically ill patients suffering from diseases and which cannot be transported through other means. This is expected to increase the growth of the market over the forecast period. For instance, according to the article published in the American Journal of Managed Care: October 4, 2021, air ambulance is used for the transportation of patients with different health issues such as chronic respiratory diseases, COVID-19, heart attack, digestive system issues, stroke, head injury, injury to body, sprains, strains, breaks and fractures. The following graph shows the percentage of patients transported through air ambulance services and who are suffering from the above mentioned conditions

Increasing accidents in European countries are expected to increase the growth of the European air ambulance services market over the forecast period. For instance, in the year 2018, there were 3,332 fatal accidents at work in the EU-27. Moreover, almost three quarters of all accidents at work in the EU-27 concerned: wounds and superficial injuries; dislocations, sprains and strains; or concussion and internal injuries.  Furthermore, there was an increase of 60 deaths compared with the year 2017.

Key features of the study:

  • This report provides an in-depth analysis of Europe air ambulance services market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the Europe air ambulance services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Aero Medical Ambulance Service, Aero-Dienst GmbH, Airlec Air Espace, European Air Ambulance, Flightserve International, IAS Medical, Medical Air Service, Quick Air Jet Charter GmbH, Babcock Scandinavian Air Ambulance, Capital Air Ambulance
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The Europe air ambulance services market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have an ease in decision-making through various strategy matrices used in analyzing the Europe air ambulance services market

Detailed Segmentation:

  • Europe Air Ambulance Services Market, By Type:
    • Rotary Wing
    • Fixed Wing
  • Europe Air Ambulance Services Market, By Service Model:
    • Hospital Based
    • Government Run
    • Independent
  • Europe Air Ambulance Services Market, By End User:
    • Domestic
    • International
  • Company Profiles
    • Aero Medical Ambulance Service *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Aero-Dienst GmbH
    • Airlec Air Espace
    • European Air Ambulance
    • Flightserve International
    • IAS Medical
    • Medical Air Service
    • Quick Air Jet Charter GmbH
    • Babcock Scandinavian Air Ambulance
    • Capital Air Ambulance

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The Europe air ambulance services market is expected to exhibit a CAGR of 10.1% during the forecast period (2021-2028).
The market is estimated to be valued at US$ 4,619.0 Mn in 2021.
Aero Medical Ambulance Service, Aero-Dienst GmbH, Airlec Air Espace, European Air Ambulance, Flightserve International, IAS Medical, Medical Air Service, Quick Air Jet Charter GmbH, Babcock Scandinavian Air Ambulance, Capital Air Ambulance are some of the prominent players operating in the  market over the forecast period.
The market is expected to be valued at US$ 9,050.9 Mn in 2028.
Fixed wing is the major type of the air ambulance service provided in the market.
Increasing inorganic activities such as acquisitions, market players are indulged in expansion of product portfolio are some of the driving factors for the Europe air ambulance services market growth.

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