The North American air ambulance services market is anticipated to grow at a substantial CAGR of 8.9% during the forecast period. The increasing number of accidental cases and the introduction of completely medically equipped air ambulances are driving the market growth. According to the World Health Organization, around 1.35 million people die in North America each year due to road accidents. It is the leading cause of death amongst the people of age group in between 5-29. The timely and effective emergency services given to such critical patients who are chronically ill can preserve their lives.
The COVID-19 had dramatically impacted the air ambulance services market in North America. The market is highly dependent on the travel industry. As the travel is restricted to restrain the spread of COVID-19, the air ambulance services market had recorded a reduction in revenue. Additionally, the staff of air ambulances is getting infected which led to operations shut down due to the staff quarantine.
The North American air ambulance services market is segmented based on type, service operator, and application. Based on the type, the market is segmented into rotary-wing and fixed-wing. Based on the service operator, the market is segmented into hospital-based, independent, and government. Based on the application, the market is segmented into inter-facility, rescue helicopter, and organ transplant logistics.
Geographically market is segmented into the US and Canada. The US dominates the market of air ambulance attributing to the presence of a large number of market players and technically advanced health infrastructure. Additionally, the favorable reimbursements policies are contributing to the market growth as the nations including the US cover the ambulance service as well. The high prevalence of chronic diseases is another reason for the market growth in the region. As per American Heart Association, stroke was the major cause of death in the US in 2019. Around 800,000 people in the US suffer from stroke every year due to blood vessel blockages.
The major companies serving the North American air ambulance services market include Alberta Central Air Ambulance, Ltd., Air Methods Corp., Global Air Ambulance, Fox Flight Air Ambulance, Medway Air Ambulance, REVA, Inc., PennSTAR Flight, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2021, STARS had added Airbus H145 helicopters to their services.
Research Methodology
The market study of the North American air ambulance services market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the North American Air Ambulance Services Market
• Recovery Scenario of North American Air Ambulance Services Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities
4. Market Segmentation
4.1. North American Air Ambulance Services Market by Type
4.1.1. Rotary-wing
4.1.2. Fixed-wing
4.2. North American Air Ambulance Services Market by Service Operator
4.2.1. Hospital-based
4.2.2. Independent
4.2.3. Government
4.3. North American Air Ambulance Services Market by Application
4.3.1. Inter-facility
4.3.2. Rescue Helicopter
4.3.3. Organ Transplant Logistics
5. Regional Analysis
5.1.1. US
5.1.2. Canada
6. Company Profiles
6.1. AC Global Medical Transports
6.2. Acadian Ambulance & Air Med Services
6.3. Advanced Air Ambulance
6.4. Air Ambulance Worldwide
6.5. AirCare
6.6. Air Evac
6.7. AirLife Denver
6.8. Air Methods Corp.
6.9. AirLink Critical Care Transport
6.10. Alberta Central Air Ambulance, Ltd.
6.11. Alia MedFlight
6.12. AMR Air Ambulance
6.13. Angel MedFlight
6.14. Advanced Paramedics, Ltd.
6.15. ARCH Air Medical Service
6.16. Assurance Air Medical, Inc.
6.17. Aviation West Charters, LLC
6.18. BC Ambulance Service
6.19. Boston MedFlight
6.20. Calstar
6.21. CareFlite
6.22. Critical Air Medicine
6.23. DHART
6.24. EagleMed
6.25. EastCare
6.26. Enloe FlightCare
6.27. Fox Flight Air Ambulance
6.28. Global Air Ambulance
6.29. Guardian Flight
6.30. HALO-Flight
6.31. Life Flight International, Inc.
6.32. LifeForce
6.33. Lifeguard Aeromed
6.34. LifeLine
6.35. Life Link III
6.36. Life Lion Critical Care
6.37. LifeNet, Inc.
6.38. LifeSave Transport
6.39. Maryland State Police Aviation Command
6.40. Mayo Clinic
6.41. Medway Air Ambulance
6.42. Mercy Air Med
6.43. Metro Life Flight
6.44. PennSTAR Flight
6.45. REVA, Inc.
6.46. SkyHealth
6.47. Survival Flight
6.48. Trauma Star Air Ambulance
6.49. Trinity Air Ambulance International, LLC
6.50. US Air Ambulance
6.51. UT Lifestar
1. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. NORTH AMERICAN ROTARY-WING AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
3. NORTH AMERICAN FIXED-WING AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
4. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE OPERATOR, 2020-2027 ($ MILLION)
5. NORTH AMERICAN HOSPITAL-BASED AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
6. NORTH AMERICAN INDEPENDENT AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
7. NORTH AMERICAN GOVERNMENT AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
8. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. NORTH AMERICAN INTER-FACILITY AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
10. NORTH AMERICAN RESCUE HELICOPTER AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN ORGAN TRANSPLANT LOGISTICS AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
12. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
13. US AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
14. US AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE OPERATOR, 2020-2027 ($ MILLION)
15. US AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
16. CANADA AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
17. CANADA AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE OPERATOR, 2020-2027 ($ MILLION)
18. CANADA AIR AMBULANCE SERVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON NORTH AMERICAN AIR AMBULANCE SERVICES MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON NORTH AMERICAN AIR AMBULANCE SERVICES MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF NORTH AMERICAN AIR AMBULANCE SERVICES MARKET, 2021-2027 (%)
4. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET SHARE BY SERVICE OPERATOR, 2020 VS 2027 (%)
6. NORTH AMERICAN AIR AMBULANCE SERVICES MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
7. US AIR AMBULANCE SERVICES MARKET SIZE, 2020-2027 ($ MILLION)
8. CANADA AIR AMBULANCE SERVICES MARKET SIZE, 2020-2027 ($ MILLION)