Europe Air Ambulance Services Market Size, Share | Report 2023-2032
The Europe air ambulance services market was surpassed at USD 3.64 billion in 2022 and is expected to hit around USD 10.29 billion by 2032, growing at a CAGR of 10.95% from 2023 to 2032.
Key Pointers
Report Scope of the Europe Air Ambulance Services Market
| Report Coverage | Details |
| Market Size in 2022 | USD 3.64 billion |
| Revenue Forecast by 2032 | USD 10.29 billion |
| Growth rate from 2023 to 2032 | CAGR of 10.95% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Companies Covered | Aero Medical Ambulance Service; Aero-Dienst GmbH; Airlec Air Espace; European Air Ambulance; REVA, Inc.; IAS Medical; Medical Air Service; Quick Air Jet Charter GmbH; Babcock Scandinavian Air Ambulance; Centerline AV Limited; Airbus S.A.S. |
Rising prevalence of chronic disorders, increasing geriatric population and technological advancements are the major factors driving this market’s growth. Moreover, developments, such as online booking of ambulance services, are creating a positive outlook for the European market. Furthermore, increasing emergency healthcare expenditure, rising number of hospitals providing air ambulance services, and enhancing medical facilities across Europe are the other factors, supporting the market growth. Increasing prevalence of chronic diseases such as diabetes, cardiac diseases, and cancer amongst other chronic disorders has surged demand for air ambulance services. Factors such as adoption of unhealthy & sedentary lifestyles, obesity, alcohol & tobacco consumption, and physical inactivity are contributing to upsurge in prevalence of these diseases.
For instance, according to the WHO, there are around 60 million people with diabetes in the European region. In event of a medical emergency, air ambulances are a vital solution. They are equipped with medical equipment and staff that provides medical care in flight. The non-medical personnel help in transporting patients and organs. These services offer numerous benefits, such as convenience, safety, and flexibility. Thus, owing to the advantages offered by air ambulances coupled with the growing burden of chronic diseases are boosting the market growth.
Cardiovascular disease (CVD) is one of the most common causes of death in Europe. According to the European Heart Network AISBL, CVD each year causes around 3.9 million deaths in Europe and above 1.8 million deaths in the European Union (EU). It accounts for 45.0% of all deaths in Europe and 37.0% of all deaths in the EU. Most chronic diseases, such as heart disease and stroke, require immediate medical attention. Advanced and innovative medical care is provided in air ambulances to patients suffering from heart disease. As a result, air ambulance services are available to provide rapid response in these situations.
Increasing healthcare expenditure in Europe is further expected to contribute to the growth of the market for air ambulance services. According to Eurostat, in 2018, healthcare expenditure accounted for 9.9% of GDP. Amongst the EU Member States, the major shares were reported in Germany (11.5% of GDP), France (11.3%), and Sweden (10.9%). Moreover, as per the Organization for Economic Co-Operation and Development, in 2019, Switzerland had the second-highest healthcare budget after the U.S., with expenditures accounting for USD 8,000 per capita.
Technological developments in air ambulance services are stimulating market growth. Air ambulances are fortified with innovative medical devices and accessories such as a heart monitor, defibrillator, and ventilator that offer preliminary emergency medical care to patients. The high-tech encroachments in communication systems in an air ambulance enable the transfer of real-time patients' health data to medical experts, letting doctors to prepare for the emergency in advance.
Europe Air Ambulance Services Market Segmentations:
| By Type | By Model |
|
Rotary Wing Fixed Wing |
Hospital-based Community-based |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Europe Air Ambulance Services Market
5.1. COVID-19 Landscape: Europe Air Ambulance Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Europe Air Ambulance Services Market, By Rotary Wing
8.1. Europe Air Ambulance Services Market, by Type, 2023-2032
8.1.1. Rotary Wing
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Fixed Wing
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Europe Air Ambulance Services Market, By Model
9.1. Europe Air Ambulance Services Market, by Model, 2023-2032
9.1.1. Hospital-based
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Community-based
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Europe Air Ambulance Services Market, Regional Estimates and Trend Forecast
10.1. Europe
10.1.1. Market Revenue and Forecast, by Type (2020-2023)
10.1.2. Market Revenue and Forecast, by Model (2020-2023)
10.1.1. UK
10.1.1.1. Market Revenue and Forecast, by Type (2020-2023)
10.1.1.2. Market Revenue and Forecast, by Model (2020-2023)
10.1.4. Germany
10.1.4.1. Market Revenue and Forecast, by Type (2020-2023)
10.1.4.2. Market Revenue and Forecast, by Model (2020-2023)
10.1.5. France
10.1.5.1. Market Revenue and Forecast, by Type (2020-2023)
10.1.5.2. Market Revenue and Forecast, by Model (2020-2023)
10.1.6. Rest of Europe
10.1.6.1. Market Revenue and Forecast, by Type (2020-2023)
10.1.6.2. Market Revenue and Forecast, by Model (2020-2023)
Chapter 11. Company Profiles
11.1. Aero Medical Ambulance Service
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Aero-Dienst GmbH
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Airlec Air Espace
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. European Air Ambulance
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. REVA, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. IAS Medical
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Medical Air Service
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Quick Air Jet Charter GmbH
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Babcock Scandinavian Air Ambulance
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Centerline AV Limited
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers