Air Ambulance Services Market Size and Growth Rate:
According to the Research Report, the Air Ambulance Services Market is expected to reach USD XX Million by 2025, at a CAGR of XX% during the Forecast Period 2019 - 2025.
Air Ambulance Services Market Overview:
Ambulance services are essential for transportation in the event of a medical emergency. The efficiency of the ambulance service allows injured or chronically ill patients to take emergency medications, receive timely medical attention, etc. The air ambulance offers advantages over the issue of extended travel times and the limited scope of isolated areas faced by road ambulance services. Air ambulance services are equipped with advanced life care services.
Previously, air ambulances were used mainly in the battlefield. However, with the increasing incidence of several serious medical conditions associated with advanced innovation in ambulances, its use has also begun for transportation to and from critical patient hospitals. They can transport patients directly from their place of residence or accident location to medical care facilities, such as hospitals with multiple specialties.
Air Ambulance Services Market – Key Growth Driving Forces:
On-board medical care, favorable reimbursement policies, the government's growing commitment to improve emergency care standards, the demand for better emergency health care services should stimulate the market. However, it is expected that operational restrictions, high costs and accidental incidents of air ambulances will limit the global market. It is expected that a high initial capital investment prevents the entry of new participants in the market. Advanced technological advances in on-board medical treatments have attracted the attention of key market players, and an increasing number of service providers are expected to be a tremendous asset to the growth of the market. The need to maximize the use of air ambulance means providing better emergency care and generating more profitable returns that should drive market growth.
The increase in per capita health spending attributed to improved economic conditions, improved access to effective emergency treatment, the increasing prevalence of cardiovascular diseases worldwide, the appropriate reimbursement policies, an Increasing numbers of multinational hospitals equipped with appropriate air ambulance services, strategic collaborative initiatives of key market players and improvement of medical infrastructure in rural areas drive the growth of the market for air ambulance services.
Air Ambulance Services Market – Regional Presence:
In terms of region, the market for air ambulance services has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region is expected to experience continued growth as a result of the increasing adoption of advanced healthcare infrastructure to create a safer and less painful health care system experience, as well as an increasing number of hospitals. North America is expected to dominate the world market due to the expansion of insurance coverage for air ambulance facilities and the increasing adoption of medical air transport facilities. However, an inadequate number of aircraft for emergency transport and lack of health care air services infrastructure in emerging countries are the key challenges in the development of this market in developing countries.
Some of the Promising Companies leading the Global Air Ambulance Services Market Profiled in the Report are:
- Envision Healthcare Companies
- Falck Danmark A/S
- Rural/Metro Corporation
- Air Methods
- Acadian
- AMR Air Ambulance
- AirMed International
- Express Aviation Services
- Lifeguard Air Ambulance
This research report includes the following segmentation for the Air Ambulance Services Market size and forecast 2025
Air Ambulance Services Market – By Type:
Air Ambulance Services Market - By Services Model:
- Hospital-Based
- Community-Based
Air Ambulance Services Market – By Region:
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle-East & Africa