Europe Air Ambulance Services Market to Grow at a CAGR of 7.0% to reach US$ 1,318.5 million from 2020 to 2027

Europe Air Ambulance Services Market to 2027 - Regional Analysis and Forecasts by Type (Rotary Wing and Fixed Wing); Service Model (Hospital Based, Government Run, and Independent); End User (Domestic and International); and Country

  • Report Code : TIPRE00009248
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 139
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The Europe Air Ambulance Services market was valued at US$ 732.9 Mn in 2019 and is expected to grow at a CAGR of 7.0% from 2020 to 2027 to reach US$ 1,318.5 Mn by 2027.

An air ambulance flight is a safe and comfortable mode of transportation for patients who are critically sick and unable to travel long distance using other mode of transport. An air ambulance is a business class aircraft, which is precisely equipped with advanced medical appliances to provide urgent medical assistance for patients. In the present market scenario, the companies are rigorously working towards the improvement of air ambulance services. The Europe air ambulance services market is anticipated to witness impressive growth during the forecast period. The readiness of the service providers in air ambulance services market in Europe is urging the European population to opt for the air ambulance services in case of road accidents, which is catalyzing the growth of air ambulance services market

The air ambulance service providers in Europe offering medical repatriation service is rising, and thus, coupling this factor with the increase in demand for medical service in European countries is enabling the service providers to experience growth in their annual revenues. The significant rise in the medical repatriation services is foreseen to surge in the coming years, thereby boosting the air ambulance services market. Also, growing demand for medical repatriation services from, in, and out of Europe is driving the air ambulance services market in the region.

The service charge of an air ambulance is higher in the current scenario owing to various factors. The reduction in service prices for respective clients would enable the providers to experience growth in their business and attract population of all income groups. This is anticipated to support the growth of Europe air ambulance services market in the future.

Since the past weeks, European population has been facing a contagious pandemic which is not comparable to any other virus infection occurred in the last decades. The Covid-19 outbreak has led to the fact that many people have been infected by getting in contact with other infected patients. Italy, Spain, and Germany are among the worst hit countries in the region. The Covid-19 crisis has not substantially impacted the air ambulance industry. Covid-19 crisis has had minimal impact on operations. Due to the high risk of contagion, a patient with suspected or confirmed coronavirus is not allowed to travel on a scheduled flight. Only an air ambulance is suitable in such cases. Nor had it caused any delays in delivering service due to the increased use of personal protective equipment (PPE) by crews or the need to implement Centers for Disease Control (CDC) decontamination protocols.

Market Insights

Rising Incidences of chronic diseases and road accidents drives the demand for Europe Air Ambulance Services 

Chronic diseases such as cardiac arrest, cancer, cystic fibrosis, and others are increasing among European individuals, owing to the fact that during severity, patients demand air ambulance to reach the nearest hospital at the earliest. Although, the availability of ground ambulance is higher in every country, the road traffic is a crucial concern during emergency cases. Considering these factors, opting air ambulance services is always a better option to obtain effective medical service along with saving time. However, this factor is likely to drive the Europe air ambulance services market. Also, the rise in the number of vehicles on the road, have increased the incidences of road accidents, resulting in critical conditions which is likely to drive the Europe air ambulance services market. Moreover, rising road accident fatalities have further boosted the demand for efficient air ambulance service. As per the Annual Accident Report 2018 released by ERSO, road traffic accidents in the EU states claim ~25,600 lives and injured over 1.4 million people in 2016. Also, the rising aging population of the EU countries is boosting the growth of the Europe air ambulance service market. According to Population Reference Bureau, Italy, Germany, Portugal, Finland, Bulgaria, Greece, Sweden, Latvia, and Denmark were among the top countries comprising the highest number of inhabitants aged 65 and above. In 2019, Lotnicze Pogotowie Ratunkowe, a Polish air ambulance provider, announced to add two Bombardier Learjet 75 Libertys to its fleet. In 2019, the Swedish air ambulance organization, (Kommunalförbundet Svenskt Ambulansflyg KSA), ordered six PC-24s from Pilatus Aircraft Ltd. Moreover, Quick Air (Germany) added third Learjet 45XR to its air ambulance fleet. Also, in 2018, Babcock Scandinavian Air Ambulance launched Leonardo AW169 helicopter into active Emergency Medical Service duty in the Nordic countries.   

Type Insights

In type segment, the rotary-wing aircraft segment led the Europe air ambulance services market, by type, with a decent share. A helicopter (rotary-wing aircraft) air ambulance is used for carrying patients over comparatively short distances. A key benefit of a helicopter air ambulance is its capability to land in varied locations, including roads, parks or fields, paved areas, in rural areas or confined urban environments, as well as other locations where constraints in space will not be an interruption. These rotary-wing aircraft air ambulances generally used for short travel range in emergency situation.

Europe Air Ambulance Services Market, by Type – 2018 & 2027

Europe Air Ambulance Services Market, by Type – 2018 & 2027
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Service Model Insights

The Europe Air Ambulance Services market, by application, is segmented into hospital based, government run, and independent. The availability of a wide variety of service models enables patient parties to opt for the easiest possible and financially convenient services. Although the benefits of all the service models are similar, they differ from each other with regard to pricing. The presence of a large number of independent air ambulance service providers across countries has led the independent services segment to dominate the European air ambulance services market.

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Europe Air Ambulance Services Market: Strategic Insights

europe-air-ambulance-services-market
Market Size Value inUS$ 732.9 Million in 2019
Market Size Value byUS$ 1,318.5 Million by 2027
Growth rateCAGR of 7.0% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Product development strategy is commonly adopted by companies to expand their business and meet the growing demand. Players present in the Europe air ambulance services market adopt the strategy of expansion and investment in research and development to enlarge customer base across the world, which also permits the players to maintain their brand name. Few of the recent developments are listed below;

2019:

Quick Air Jet Charter introduced an upgrade to its eight Hamilton T1 ICU transport ventilators. This development is expected to support the expansion of air ambulance services.   

2019:

Russian State Corporation Rostec delivered the first batch of aviation equipment – four Ansat helicopters and four Mi-8 helicopters in medical configuration

Europe Air Ambulance Services Market – By Type

  • Rotary Wing
  • Fixed Wing


Europe Air Ambulance Services Market – By Service Model

  • Hospital Based
  • Government Run
  • Independent

Europe Air Ambulance Services Market – By End User

  • Domestic
  • International

Europe Air Ambulance Services Market by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Companies Profiles

  • Aero Medical Ambulance Service
  • Aero-Dienst GmbH
  • Airlec Air Espace
  • European Air Ambulance
  • Flightserve International
  • IAS Medical
  • Medical Air Service
  • Quick Air Jet Charter GmbH
  • Babcock Scandinavian Air Ambulance
  • Capital Air Ambulance
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Service Model, End User, and Country

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

France, Germany, Italy, Russian Federation, United Kingdom

Frequently Asked Questions


Which end user led the air ambulance services market?

The domestic segment led the Europe air ambulance services market. During any roadside accident, the need for an immediate evacuation of victims from the source to the nearest hospital with trauma care and accident care facilities is surging the demand for HEMS. Helicopters are the most appropriate options for medical evacuation from any roadside accident source; thus, the demand for HEMS is all-time high. Additionally, governments of different countries are emphasizing heavily on launching air ambulance services to facilitate patients and their family members to reach hospitals in time with any hassles. This factor is also anticipated to drive the domestic air medical rescue market segment during the forecast period.

Which country led the air ambulance services market in 2019?

The Germany led the Europe air ambulance services market in 2019. Factors such as the growing old-age population is expected to bolster the growth of the air ambulance services market in Germany.

Which factor is driving the air ambulance services market?

Factors such as rise in the number of vehicles on the road, have increased the incidences of road accidents, resulting in critical conditions. In case of a road accidents, which lead to the critical condition of passengers, the helicopter emergency medical services (HEMS) is the feasible ways to reach the nearest hospital equipped with trauma care and accident care facilities. Additionally, the readiness of the service providers in air ambulance services market in Europe is urging the European population to opt for the air ambulance services in case of road accidents, which is catalyzing the growth of air ambulance services market

The List of Companies – Europe Air Ambulance Services Market

  1. Aero Medical Ambulance Services
  2. Aero-Dienst GmbH
  3. Airlec Air Espace
  4. European Air Ambulance
  5. Flightserve International
  6. IAS Medical
  7. Medical Air Service
  8. Quick Air Jet Charter GmbH
  9. Babcock Scandinavian Air Ambulance
  10. Capital Air Ambulance

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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