Paul Lewis, 40, jumped from a plane and plummeted through the air before crashing on to the roof of a hangar at Tilstock Airfield in Whitchurch, Shropshire.
He was rescued by firefighters and treated for head and neck injuries, before being airlifted to the University Hospital of North Staffordshire, in Stoke-on-Trent.
The accident happened at around 3pm on Friday when Mr Lewis, a freelance cameraman, was filming tandem jumps for the Parachute Centre, a skydiving firm based at the airfield.
Witnesses said that his main parachute failed to open, and then his reserve parachute failed to work properly.
A spokesman for the West Midlands Ambulance Service, said: “The man is reported to have fallen approximately 1,000 feet (3,000 metres), spiralling to the ground following a 10,000-foot skydive.”
Colin Fitzmorris, who owns the Parachute Centre, said that Mr Lewis was “very lucky” to escape without more serious injuries, and is expected to make a full recovery.