Air Ambulance Services Market Analysis, Key Players, Market Share, Demand/Supply Chain and Forecast to 2026

Air Ambulance Services Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,
AND OPPORTUNITY ANALYSIS, 2018-2026
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REPORT DESCRIPTION
Air Ambulance Services Market – Overview
Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to
rampant growth of efficient and on-the-time delivery air ambulance services market size. Air ambulance services refer to transport or
evacuation facilities provided to patients in emergency situations at the accident site, home, or hospital. Air ambulances are equipped with
advanced medical facilities, including devices used in emergencies, to provide immediate medical care to the patient until he/she reaches the
nearest hospital. Moreover, air ambulances have trained medical crew onboard to treat patients in emergency situations en route to the
hospital. Air ambulance efficiently addresses the issue of long travel time and inadequate reach to remote areas faced in road ambulance
service. Air ambulance services have thus become an essential component of the modern healthcare system.
Use of helicopters in air ambulance is increasing owing to its convenience in landing and taking-off from a smaller ground area. Moreover,
helicopter enables wider reach in remote areas compared to winged aircrafts/airplanes, which require more space for landing and take-off.
Companies are also making use of sea planes and corporate planes depending on the demand and patient location.
On the basis of geography, the global air ambulance services market scenario can be segmented into North America, Europe, Asia Pacific,
Latin America and Rest of the World. Developed infrastructure, defined regulatory framework and favorable reimbursement policies are
some of the factors contributing to the dominance of the air ambulance services market in North America and Europe. Developing countries
of Asia Pacific, Latina America and Middle East are expected to show swift growth in the demand for air ambulance services. Factors such
as rapidly growing medical tourism, improving medical infrastructure, and increasing disposable income are projected to boost growth of
air ambulance services market in these regions. Air ambulance service providers in India such as Aviators Air Rescue, Aeromed, Innovation
Aviation Pvt Ltd, JetSetGo, Air Ambulance Aviation, and Medanta’s Flying Doctors are collaborating with insurance providers to make the
service affordable to all.
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REPORT DESCRIPTION
Faster Reach and Onboard Assistance Driving Demand:
Some key global air ambulance services market drivers include its ability to faster reach compared to
road ambulance and onboard medical assistance. Also, air ambulance services are widely utilized on
the warfront to rescue injured soldiers and provide emergency medical care to them.
Favorable reimbursement policies for air ambulance services are propelling demand for air
ambulance services among patients. Certain insurance providers in Canada reimburse around 80% of
the total service cost of air ambulance. This reimbursement policy is applicable for patients who
require immediate hospitalization. This policy, however, excludes non-emergency patients, thus
increasing cost of this service for such patients. This is a major air ambulance services market
restraint. Formulation of strict safety rules by the Federal Aviation Administration (FAA) is one of the
factors anticipated to reduce profit margins of air ambulance service providers, which would also
hinder the growth of air ambulance services market revenue during the forecast period (2016–2024).
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REPORT DESCRIPTION
Air Ambulance Services Market: Key Players
●
Air Methods Corporation.
●
Deccan Charters.
●
Scandinavian Air Ambulance.
●
Air Ambulance Specialists.
●
Air Charter Service.
●
Air Methods.
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Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to rampant growth of efficient and on-the-time delivery air ambulance services market size.