The global air ambulance services market is anticipated to grow at a substantial CAGR of 12.2% during the forecast period. The increasing number of accidental cases and the introduction of completely medically equipped air ambulances are driving the market growth. According to the World Health Organization, around 1.35 million people die globally each year due to road accidents. It is the leading cause of death amongst the people of age group in between 5-29. The timely and effective emergency services given to such critical patients who are chronically ill can preserve their lives; and significantly creates a wide scope for the market growth.
Various pandemics including Ebola, MERS, SARS, H1N1, and COVID-19 in the recent past had revealed the speed from which its infection spreads globally. Such a pandemic situation needs to give an agile medical response to the patients. The air ambulance services had emerged to be an effective solution for this need as they can travel miles of distance in few minutes as compared to ground and sea ambulances. Such pandemics will give a significant boom to the global air ambulance services market.
The global air ambulance services market is segmented based on type, service operator, and application. Based on the type, the market is segmented into rotary-wing and fixed-wing. Based on the service operator, the market is segmented into hospital-based, independent, and government. Based on the application, the market is segmented into inter-facility, rescue helicopter, and organ transplant logistics.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. In Latin America, Brazil dominates the market of air ambulance services. Argentina is expected to have the fastest growth during the forecast period. In the Middle East, UAE is the dominant market for air ambulance services. Saudi Arabia will grow fastest during the forecast period with the addition of advanced life support systems in the air ambulance's aircraft.
The major companies serving the global air ambulance services market include Acadian Ambulance Services, Inc., Air Methods Corp., Falck Holding A/S, IAS Medical, Ltd., PHI Group, Inc., REVA, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, International Critical Air Transfer Team and Kyathi had jointly launched air ambulance services in India in September 2020.
Global Air Ambulance Services Market Research and Analysis by Type
Global Air Ambulance Services Market Research and Analysis by Service Operator
Global Air Ambulance Services Market Research and Analysis by Application
The Report Covers
Comprehensive research methodology of the global air ambulance services market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global air ambulance services market.
Insights about market determinants that are stimulating the global air ambulance services market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
3. Competitive Landscape
3.1. Key Company Analysis
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
5. Market Segmentation
5.1. Global Air Ambulance Services Market by Type
5.2. Global Air Ambulance Services Market by Service Operator
5.3. Global Air Ambulance Services Market by Application
5.3.2. Rescue Helicopter
5.3.3. Organ Transplant Logistics
6. Regional Analysis
7. Company Profiles
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