Introduction:

The global air ambulance market has witnessed a sizeable growth during 2022-2023. One of the factors that have supported the market growth is the rising demand for air ambulances in the healthcare industry, as air ambulances offer various advantages in case of patient emergency, as well as donor organ transportation. The air ambulance services also provide aid to recovering passengers from distant locations to healthcare centers. Additionally, the rising awareness among consumers to opt for air ambulance services has further promoted the growth of the services across the globe. According to the UnivDatos Market Insights, growing patients related to trauma and chronic diseases will drive the growth scenario of Air Ambulance, and as per their “Global Air Ambulance Market” report, the global market was valued at USD 6,795.50 million in 2023, growing at a CAGR of 10.92% during the forecast period from 2024 - 2032 to reach USD XX million by 2032.  

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Aging Population Requiring Medical Emergencies:

The growing aging population around the globe would be one of the key potential customers opting for air ambulance service. Geriatric patients often suffer from both communicable and non-communicable diseases due to aging and lowered immunity conditions. According to the World Health Organization (WHO), one out of every six people across the globe in 2030 will be above 60 years old. Additionally, by 2050, over 80% of the old population will be living in low and middle-income economies.

As the birth rates are slowing down across the globe and massive young and middle aged population moving towards lifestyle and age-related diseases in the coming years the demand for the air ambulances would significantly rise further propelling the market growth.

Considering the increase in the aging population across the globe, the on-demand services for swift transportation for medical services would fuel the demand for air ambulances in the coming years, i.e., 2024-2032.

Rising Prevalence of Electric Aircraft in Air Ambulance Services

Electric vertically take-off and landing aircraft have emerged as a viable alternative to conventional aircraft as they offer zero carbon emission in transportation as well as offer significantly lesser operational cost further reducing the operational burden on the operators for the long term. Many of the key aircraft manufacturers have recently collaborated for the development of electric aircraft which would be a notable phenomenon to be noticed in the coming years and further propelling the demand for air ambulance services in the long term. For instance, in 2024, Aero-Dienst and Munich-based Vaeridion announced their collaboration for the development and testing of T-trail based aircraft. Aero-Dienst and Vaeridion will jointly conduct a feasibility study of using the electric vertical takeoff/landing (eVTOL) aircraft for air ambulance operations.

Additionally, many of the healthcare providers have also opted to integrate Electric air ambulances in their fleet which would be a massive boost to the market growth.

In another instance, in 2021, Australian Medical flight services CareFlight and electric aircraft company Vertiia announced their partnership for the development of an electric vertical take-off and landing (eVTOL) aircraft with a cruising speed of around 300 km (about 186.4 miles) per hour. This aircraft can travel up to 250 km (about 155.3 miles) on electric power and 800 km (about 497.1 miles) on hydrogen power.

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Conclusion:

The Global Air Ambulance market is experiencing a transformative phase driven by technological advancements, the need for medical transportation operations, digitalization, market dynamics, and implementation of government policies. Stakeholders across the industry are embracing these trends to enhance operational efficiency, integrate low-emission air transport systems, etc. As Air Ambulance services continue to play a strategic role in providing swift transportation in patient transportation where time is crucial, further demand from medical facilities will be crucial for the Global Air Ambulance market.

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