Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Technological advancements in healthcare, coupled with increasing patient inclination towards faster and efficient mode of transportation are expected to drive growth of the air ambulance services market during the forecast period. Air ambulance services refer to transport or evacuation facilities provided to patients in emergency situations at accident site, home, or hospital. Air ambulances are equipped with advanced medical facilities, including devices used in emergencies, to provide immediate medical care to the patient until the patient reaches the nearest hospital or healthcare center.
The North America air ambulance services market is estimated to be valued at US$ 2,248.3 million in 2020 and is expected to exhibit a CAGR of 7.5% during the forecast period (2020-2027).
Figure 1: North America Air Ambulance Services Market Share (%) Analysis, By Service, 2020

Increasing incidence of life threatening diseases is driving the growth of North America air ambulance services market.
Air ambulance service is an advanced medical service, which uses air transportation such as airplane and helicopters. It is the most effective and vital mode of transportation in case of a medical emergency at the hospital, accident site, and home.
The North America air ambulance market is expected to witness significant growth during the forecast period, owing to the increasing incidence of life threatening diseases that require emergency medical response.
For instance, according to the American Heart Association, in January 2019, stroke was a leading cause of death in the U.S. with around 2.7 million people in the country living with atrial fibrillation and around 800,000 people suffering a stroke, annually, due to blockage in the blood vessel, which supplies blood to the brain.
North America Air Ambulance Services Market Report Coverage
Report Coverage |
Details |
Base Year: |
2019 |
Market Size in 2020: |
US$ 2,248.3 Mn |
Historical Data for: |
2017 to 2019 |
Forecast Period: |
2020 to 2027 |
Forecast Period 2020 to 2027 CAGR: |
7.5% |
2027 Value Projection: |
US$ 3,727.8 Mn |
Geographies covered: |
|
Segments covered: |
- By Service: Hospital-based Service, Community-based Service
- By Aircraft Type: Helicopter, Aircraft/Airplane (Rotary Winged Aircraft, Fixed Winged Aircraft)
|
Companies covered: |
Alacura Medical Transportation Management LLC, Air Methods, Acadian Air Med, an Acadian company, Aeromedevac, AirMed International, LLC, AirCARE1, Jet Rescue International, MedWay Air Ambulance, IAS Medical, US Air Ambulance, Air Medical Group Holdings (AMGH), Express Air Medical Transport, Air Ambulance Worldwide, AeroCare Medical Transport System, Inc., REVA, Inc., UNC Health Care, Aitheras Aviation Group, LLC, KIDZ Medical Service, Suncoast Air & Ground Medical Transport, Classic Air Medical, Sunrise Air Ambulance, Inc., Aero Jet Medical, Fox Flight Inc., WellCare Air Ambulance Services, Advanced Air Ambulance, Corp., American Air Ambulance, Lifeguard Ambulance Service LLC, Aviation West Charters, LLC and PHI Air Medical
|
Growth Drivers: |
- Increasing incidence of life threatening diseases
- Acquisition and collaboration by key players
|
Restraints & Challenges: |
- High cost of air ambulance service
|
North America air ambulance services market- Restraints
High cost of air ambulance service is expected to hamper growth of the market during the forecast period.
As stated by NAIC (The National Association of Insurance Commissioners), the average air ambulance cost for a 52 miles trip is between US$ 12,000 to US$ 25,000 per flight, which can reach as high as US$ 6 million depending on the medical equipment and maintenance.
Figure 2: North America air ambulance services market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027

North America air ambulance services market- Competitive Landscape
Key players operating in the North America air ambulance services market are Alacura Medical Transportation Management LLC, Air Methods, Acadian Air Med, an Acadian company, Aeromedevac, AirMed International, LLC, AirCARE, Jet Rescue International, MedWay Air Ambulance, IAS Medical, US Air Ambulance, Air Medical Group Holdings (AMGH), Express Air Medical Transport, Air Ambulance Worldwide, AeroCare Medical Transport System, Inc., REVA, Inc., UNC Health Care, Aitheras Aviation Group, LLC, KIDZ Medical Service, Suncoast Air & Ground Medical Transport, Classic Air Medical, Sunrise Air Ambulance, Inc., Aero Jet Medical, Fox Flight Inc., WellCare Air Ambulance Services, Advanced Air Ambulance, Corp., American Air Ambulance, Lifeguard Ambulance Service LLC, Aviation West Charters, LLC and PHI Air Medical.