The helicopter emergency medical services market is anticipated to grow significantly, reaching a value of US$ 12.51 billion by 2031, up from US$ 6.29 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 9.0% from 2023 to 2031.

The medical partners associated with helicopter emergency medical service providers typically include private hospitals and independent medical care facilities. These hospitals often enter into contracts with helicopter service providers to secure medical transport for their patients. The commercial operations of these helicopter medical services are collaboratively managed by both parties involved in the agreement. For example, AirMed operates helicopters specifically designed for critical care situations, ensuring they are dedicated solely to medical evacuations rather than being utilized for other purposes. Additionally, Capital Air Ambulance offers tailored medical service packages that encompass air ambulance services, which include medical escorts and the emergency transfer of neonatal patients to hospitals or trauma centers both within the UK and internationally. In 2023, the Air Evac Lifeteam helicopter from Appalachian Regional Healthcare provided emergency transport services to patients across Southwest Virginia and Eastern Kentucky. Hospitals such as Cody Hospital and Wolfson Children's Hospital have also launched helicopter medical services to better serve their patients. The ongoing advancements in the medical service sector, particularly in service offerings, are expected to drive the growth of the helicopter emergency medical services market.

The helicopter emergency medical services market is categorized based on helicopter type into light helicopters and medium & heavy helicopters. In terms of application, the market is divided into medical air services and transportation. Furthermore, the market is segmented by end use into commercial services and government & emergency response operations.

Companies operating within this market are concentrating on enhancing their helicopter emergency medical services to meet the needs of hospitals and other healthcare facilities that require urgent medical assistance for patients. A significant number of these companies are dedicated to improving their service offerings to maintain a competitive edge. For instance, in 2024, Air Evac Lifeteam, a subsidiary of Global Medical Response, launched a new emergency air medical transport base in Texas, equipped with Bell 407 GXI aircraft to handle time-sensitive emergency missions in South Texas. In the same year, Ambulance Victoria renewed its contract with Babcock to ensure the continuation of air ambulance operations in Victoria, Australia. AirMed International stands out as a prominent air ambulance and medical transport service provider, focusing on delivering a seamless medical transport experience on a global scale. Their service offerings include neonatal care, critical care air ambulance services, diabetes management air medical services, bariatric patient transport, and services tailored for geriatric patients, all of which fall under the umbrella of helicopter emergency medical services.

Key players in the helicopter emergency medical services market include Global Medical Response, Inc., Air Methods, Tohoku Air Service, Inc., Babcock International Group Plc, Heliservice International GmbH, PHI Air Medical, CareFlight, Helijet International Inc., STARS, and Ornge. These companies employ a mix of organic strategies, such as launching new services, expanding operations, and obtaining service approvals, alongside inorganic strategies, including collaborations and partnerships, to maintain their competitive position in the helicopter emergency medical services market.