North America Air Ambulance Service Market Analysis & Forecast 2032

North America air ambulance service market is estimated to be valued at US$ 2.8 Bn in 2023, and is expected to exhibit a CAGR of 7.9% during the forecast period (2023-2030).

Analysts’ Views on North America Air Ambulance Service Market:

The companies operating in the market are integrating air ambulance services for safe transport of COVID-19 patients, and this is expected to propel the market growth in the near future. For instance, in September 2020, International Critical Air Transfer Team (ICATT), a specialized air ambulance service for comprehensive patient, launched –Kyathia, an integrated air ambulance services for safe transport of COVID-19 patients. The ICATT Kyathi’s fixed wing aircraft for long distance emergency medical transport, combined with helicopter and land ambulance services, provides last mile connectivity.

Figure 1. North America Air Ambulance Service Market Share (%), By Service, 2023

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North America Air Ambulance Service Market– Drivers

Rising number of business development strategies by market players

Key players operating in the North America air ambulance service market are focusing on several business development strategies such as providing air ambulance service, and others to strengthen their geographic presence in the market, and this is expected to fuel the market growth over the forecast period. For instance, in March 2020, Northern Air Solutions (NAS), a provider of air ambulance service, celebrated 15 years of air ambulance services as it continue to connect doctors and organ donations to patients in need of organ transplants.

Furthermore, NAS offers medevac services for Ornge, a non-profit charitable air ambulance organization at Ontario, Canada, with approximately 1,235 organ transplants conducted in Ontario.

Increasing changes in lifestyles

Increasing changes in lifestyles are considered a major cause of cancer. Thus, the increasing prevalence of cancer globally is expected to boost growth of the market over the forecast period, as arrays are used in diagnostics for various indications such as cancer and others. For instance, according to the data published by the American Cancer Society in 2021, cancer facts and figures in the U.S. reported the estimated number of cancer cases in the U.S. in 2021, which is provided below:

ESTIMATED NEW CANCER CASES IN THE U.S. IN 2021

Figure 2. North America Air Ambulance Service Market Share (%), By Country, 2023

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North America Air Ambulance Service Market- Country Analysis

Among country, the U.S. is estimated to hold a dominant position in the North America air ambulance service market over the forecast period. The U.S. is estimated to hold 58.3% of the market share in 2023. The U.S. air ambulance service market is expected to witness significant growth in the near future, owing to increasing number of geriatric individuals as rising age people are prone to chronic illness that requires special emergency and medical transportation due to various condition such as cardiovascular disease, mobility, and others. For instance, in September 2021, according to the report published by FAIR Health, Inc., a non-profit organization,  states with the highest use of fixed-wing air ambulances as a percentage of all medical claim lines in that state in 2020 (in order from highest to lowest use) were Alaska, Wyoming, South Dakota, Montana and New Mexico, while the states with the highest average mileage for fixed-wing air ambulances in 2020 were Alaska (455 miles), Florida (444 miles), Georgia (429 miles), North Carolina (401 miles) and Indiana (382 miles).

North America Air Ambulance Service Market– Impact of Coronavirus (COVID-19) Pandemic

• Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization (WHO) declared a public health emergency on January 30, 2020.
• COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, the U.A.E., Egypt, and others faced problems regarding the transportation of things from one place to another.
• The COVID-19 pandemic had negative impact on the North America air ambulance service market, as healthcare providers faced challenges such as  lack of additional manpower, equipment, consumables, and other resources that are required to ensure safety in hospitals and to provide treatment to patients with other diseases. This negatively affected the North America air ambulance service market growth.
• During COVID-19, there was  delay in the supply of raw materials that were  required to manufacture medical devices due to irregularities in the transportation system. Furthermore, due to increasing number of patients suffering from COVID-19 and other life-threatening diseases, product distributors were  seeing inconsistent demand for products from retailers.

North America Air Ambulance Service Market Segmentation:

North America air ambulance service market report is segmented into service, aircraft type, application, and country.

• Based on service, the market is segmented into hospital-based service and community-based service. Out of which, the hospital-based service segment is expected to hold a dominant position in the North America air ambulance service market during the forecast period, owing to implementation of air ambulance services by the hospital to enhance patient care.
• Based on aircraft type, the market is segmented into helicopter and aircraft/airplane (rotary winged aircraft and fixed winged aircraft)). Out of which, the helicopter segment is expected to hold a dominant position in the North America air ambulance service market during the forecast period, owing to rising demand for helicopter for emergency medical services.
• Based on application, the market is segmented into inter-facility, rescue helicopter, organ transplant logistics, overweight patient transport, infectious disease, neonatal transport and others (pediatric transport, etc) Out of which, inter-facility segment is expected to dominate the market over the forecast period due to rising demand for technologically advanced and specialized care by the patients suffering with various conditions such as cardiovascular and others.
• Based on country, the market is segmented into U.S. and Canada. Out of which, the U.S. is expected to dominate the market over the forecast period due to increasing adoption of various business growth strategies such as service launch and other by the market players in the country.
• Among all the segments, the service segment has the highest potential due to the increasing growth strategies such as service launch, collaboration, and others by market players. For instance, in December 2021, Life Flight Network and Life Link III, an independent hospital-owned and based in the U.S., announced collaboration to launch air ambulance programs strategic alliance. The collaboration was intended to implement best practices, process enhancement, quality initiatives, and safety.

North America Air Ambulance Service Market- Cross Sectional Analysis

Rising demand for high-quality healthcare services, well-established healthcare infrastructure, and favorable reimbursement policies and regulatory reforms in the healthcare sector in the U.S. country are expected to propel the market growth over the forecast period. For instance, on June 9, 2023, the Center for Medicare & Medicaid Services in the Department of Health & Human Services (HHS) of the U.S., announced that it is conducting air ambulance data collection (AADC) that  will be used to develop a public report on air ambulance services.

North America Air Ambulance Service Market: Key Developments

• On May 6, 2023, Haiti Air Ambulance (HAA), a non-profit organization, announced the launch of a helicopter to provide emergency medical care for pregnant women and new mothers and babies.Furthermore, by launching a new helicopter, HAA will be able to transport, triage, and treat up to twice as many patients as before including maternity cases.
• On June 26, 2023, Ascent Helicopters, a Canada-based company that offers specialized flight services to a variety of government and industry clients, announced that it had signed a US$ 544.4Mn, 10-year agreement with B.C. Emergency Health Services, a provider of pre-hospital emergency services.
• In March 2023, STARS, a Canada-based non-profit critical care provider, announced that it had taken delivery of tenth Airbus H145 helicopter, marking the completion of initial fleet renewal plans. An Airbus operator for nearly four decades, STARS exclusively entrusts its air medical missions to its fleet of H145s.

North America Air Ambulance Service Market: Key Trends

• Increasing launch of new service by the market players: Increasing growth strategies by the market players such as service launch and others is expected to drive the market growth over the forecast period. For instance, on April 19, 2023, BannerAir, a U.S.-based hospital-based air medical transport program, announced the launch of its new service, under which BannerAir will carry blood on its hospital-based air ambulance helicopters, in partnership with Laboratory Sciences of Arizona (LSA), a subsidiary of Banner Health that provides oversight for its laboratories. The potentially life-saving service will play a crucial role in the treatment of patients suffering from massive blood loss as a result of trauma or other injuries.

North America Air Ambulance Service Market: Restraint

• High cost of air ambulance services: The major factors that hinder growth of the North America air ambulance service market include high cost of air ambulance services. For instance, on August 3, 2023, according to the report published by The American Action Forum, a non-profit , conservative issue advocacy group, approximately 550,000 patients uses air ambulance services annually in the U.S., but often these service trips represent a significant economic burden with a per-trip median cost of US$ 25,000- 36,000.
• Counterbalance: To overcome the challenge, patients can opt for few coverage options for air ambulance transports, to avoid out of the pocket expenses.

North America Air Ambulance Service Market - Key Players

Major players operating in the North America air ambulance service market include 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

Definition: When a patient needs to be transported or evacuated from an accident scene, home, or a hospital, air ambulance services are offered. In order to assist the patient with rapid medical care until the patient arrives at the closest hospital or healthcare facility, air ambulances are outfitted with cutting-edge medical facilities including emergency gadgets like ventilators, pulse oximeter, cardiac pacemaker, and others. Air ambulances have qualified medical staff on board to manage patients in crisis circumstances while travelling to the hospital.