The global air ambulance services market size is expected to
reach USD 8.2 billion by 2025, according to a new report by Grand View
Research, Inc. Increasing incidents of life-threatening diseases, such as
cardiovascular disorders, that require emergency medical response support the
lucrative growth of the market over the forecast period. In addition,
increasing awareness about air medical transport services also spurs growth of
this market. Furthermore, Availability of reimbursement in developed countries,
such as the U.S., helps people avail these services despite the high cost.
Improving global economy led to increased
spending, which resulted in increased spending on healthcare. The per capita
healthcare expenditure has increased exponentially over the last couple of
decades. This per capita health expenditure increased by about 55.0% from 1996
to 2014 as published by The World Bank Group. As a result, the demand for these
services has been increasing over the forecast period.
This industry is capital intensive, yet there
exhibits constant entry of new players, which has helped maintain the
supply-demand balance in fierce market place. For instance, in 2012 there were
more than 300 players operating in this space with around 1,300 aircrafts, and
this number is likely to increase over the forecast period.
For full research report on Air
Ambulance Services Market visit here: https://www.grandviewresearch.com/industry-analysis/air-ambulance-services-market
Further key
findings from the study suggest:
- Rotary-wing air ambulance services, which
include helicopter-based services, held a lucrative share in 2015. Easy
usability of helicopters and low cost of these services governed their
dominance.
- Fixed-wing services include specialized
aircrafts having medical facilities and dedicated crew. Rising medical
tourism and operability of these aircrafts in adverse weather conditions are
few reasons for their increased demand.
- Hospital based service dominated service model
segment in 2015 and also anticipated to grow at healthy rate over the
forecasts period.
- North America dominated the global air
ambulance services market in 2016 due to established infrastructure for
air medical transport.
- Asia Pacific is anticipated to gain lucrative
share over the forecast period. Strengthening economy, especially of
countries such as India and China, investments from global conglomerates,
and improving business opportunities are likely to provide growth avenues
for players.
- Some of the key players in this vertical
include AMR; PHI Air Medical; Scandinavian Air Ambulance; IAS Medical;
Express AirMed Transport; Native American Air Ambulance; Lifeguard Air
Ambulance, REVA Air Ambulance and Acadian.
- Strategic initiatives undertaken by these
players include collaboration, service portfolio expansion, and
partnerships with business firms & sports and entertainment events.
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here: https://www.grandviewresearch.com/industry-analysis/air-ambulance-services-market/request/rs1
Grand
View Research has segmented the global air ambulance services market by types,
service models and region:
Air Ambulance
Service Types Outlook (Revenue, USD Million; 2014-2025)
- Rotary-Wing
- Fixed-Wing
Air Ambulance
Service, Service Model Outlook (Revenue, USD Million; 2014-2025)
- Hospital Based
- Community Based
Air Ambulance
Services Regional Outlook (Revenue, USD Million; 2014-2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
- Saudi Arabia
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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