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Europe Air Ambulance Services Market
No. of Pages: 78 | Report Code: TIPRE00009248 | Category: Aerospace and Defense
No. of Pages: 78 | Report Code: TIPRE00009248 | Category: Aerospace and Defense
The Europe air ambulance services market was valued at US$ 3,322.96 million in 2023 and is expected to reach US$ 6,086.77 million by 2031; it is estimated to record a CAGR of 7.9% from 2023 to 2031.
Rising Prevalence of Chronic Diseases Fuel Europe Air Ambulance Services Market
The growing occurrence of chronic diseases among the geriatric population, women of reproductive age, and children are driving the demand for proper healthcare facilities that consist of air ambulance services for transportation to hospitals or immediate medical support. Care centers and rehabilitation centers are offering chronic disease management services. In chronic care management services, patients can select premium facilities such as air ambulance services to reduce travel time to hospitals. In addition, with the help of air ambulance services, patients also get immediate medical support, which increases the chances of lifesaving. Aircraft used for medical services are sometimes equipped with basic to advanced medical support systems or devices, and they bring doctors or caregivers to the patient who needs immediate attention.
In the European Region, 60 million people—roughly 10.3% of men and 9.6% of women over the age of 25—have diabetes. Further, the prevalence of diabetes in the region is rising across all age groups, primarily as a result of rising rates of overweight and obesity, poor food, and inactivity. Also, circulatory system diseases account for about one-third (32.7%) of all deaths in the European Union in 2020, making them the primary cause of death in the region. Also, cancer is the second leading cause of death and morbidity in Europe, accounting for almost 3.7 million new cases and 1.9 million deaths annually. Thus, the increase in cases of chronic diseases, specifically in the aged population, is anticipated to boost the demand for air ambulance services market at the global level.
Europe Air Ambulance Services Market Overview
Air ambulance service providers such as DRF Luftrettung and ÖAMTC Air Rescue enhance their service offerings with high-end fleet helicopters. For instance, DRF Luftrettung planned to equip its H145 medevac helicopters with the HeliMods Powered Aero Loader. In 2023, ÖAMTC Air Rescue placed an order for two Airbus H135 helicopters. Thus, the presence of key providers across Europe contributes to the air ambulance services market growth in the region.
Hospitals are focusing on the development of infrastructure required for air ambulance services. Hospitals are collaborating with air ambulance service providers to obtain emergency medical services. For instance, Essex & Herts Air Ambulance, East Anglian Air Ambulance, The Great North Air Ambulance Service, and Devon Air Ambulance are among the air ambulance service providers collaborating with private hospitals or independent medical care centers such as Grenoble Hospital and Clermont Ferrand and Limoges hospital to offer air ambulance services in Europe.
Europe Air Ambulance Services Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for Europe Air Ambulance Services involve closely monitoring industry trends, consumer behaviours, and competitor actions to identify opportunities for growth. By leveraging data analytics, businesses can anticipate market shifts and make informed decisions that align with evolving customer needs. Understanding these dynamics helps companies adjust their strategies proactively, enhance customer engagement, and strengthen their competitive edge. Building strong relationships with stakeholders and staying agile in response to changes ensures long-term success in any market. The regional scope of Europe Air Ambulance Services refers to the geographical area in which a business operates and competes. Understanding regional nuances, such as local consumer preferences, economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved regions or adapting their offerings to meet regional demands. A clear regional focus allows for more effective resource allocation, targeted marketing, and better positioning against local competitors, ultimately driving growth in those specific areas.Europe Air Ambulance Services Strategic Insights
Europe Air Ambulance Services Report Scope
Report Attribute
Details
Market size in 2023
US$ 3,322.96 Million
Market Size by 2031
US$ 6,086.77 Million
Global CAGR (2023 - 2031)
7.9%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Aircraft Type
By Service Model
By End User
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Air Ambulance Services Regional Insights
Europe Air Ambulance Services Market Segmentation
The Europe air ambulance services market is categorized into aircraft type, service model, end user, and country.
Based on aircraft type, the Europe air ambulance services market is bifurcated into rotary wing and fixed wing. The rotary wing segment held a larger market share in 2023.
In terms of service model, the Europe air ambulance services market is categorized into hospital-based, government run, and independent. The hospital-based segment held the largest market share in 2023.
In terms of end user, the Europe air ambulance services market is bifurcated into domestic and international. The domestic segment held a larger market share in 2023.
By country, the Europe air ambulance services market is segmented into the Germany, the UK, France, Italy, Russia, and the Rest of Europe. Russia dominated the Europe air ambulance services market share in 2023.
Aero-Dienst GmbH, Babcock International Group Plc, IAS Medical, Medical Air Service, Quick Air Jet Charter GmbH, FAI Aviation Group, Airlec Air Espace, and TrustAir Aviation Ltd are among the leading companies operating in the Europe air ambulance services market.
The Europe Air Ambulance Services Market is valued at US$ 3,322.96 Million in 2023, it is projected to reach US$ 6,086.77 Million by 2031.
As per our report Europe Air Ambulance Services Market, the market size is valued at US$ 3,322.96 Million in 2023, projecting it to reach US$ 6,086.77 Million by 2031. This translates to a CAGR of approximately 7.9% during the forecast period.
The Europe Air Ambulance Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Air Ambulance Services Market report:
The Europe Air Ambulance Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Air Ambulance Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Air Ambulance Services Market value chain can benefit from the information contained in a comprehensive market report.