What is the current size of the air ambulance market?

Joey Moore04 Mar, 2025Health

The current size of the air ambulance market is valued at USD 6.40 billion in 2024 and is projected to grow to USD 14.70 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 9.71% during the period from 2025 to 2033. The expansion of the air ambulance market is driven by increasing demand for efficient and timely emergency medical services, especially in remote areas or during critical situations where ground transportation is inadequate. Factors such as advancements in medical technology, a rise in healthcare expenditure, and the growing incidence of medical emergencies further contribute to the market's robust growth potential in the coming years.