Air Ambulance Market Research Future Insights
Air Ambulance Services Market Size Valued at USD 11.40 Billion, market Grow at a CAGR Of 9.30% by 2020 -2030
Air ambulances are a unique type of aircraft, which are designed to achieve air medical services in emergencies where land-based medical help takes time to reach. Air ambulance includes aircraft and choppers, which are fitted with all the medical equipment and are intended to give medical backing at locales similar to a hilltop or at spots where road-based ambulance services don’t reach fluently. The expanded number of accidents and other life-taking threats, similar to major strokes, heart attacks, trauma, and other similar medical disorders, creates an increased demand for efficient ambulance services to be present, which ultimately leads to the growth of air ambulance services across the world.
Some prominent players in the global air ambulance services market involve
AMR, PHI Air Medical, Babcock Scandinavian Air Ambulance, Express Air Medical Transport, REVA Inc., Lifeguard Ambulance Service LLC., Acadian Ambulance, IAS Medical Ltd., American Air Ambulance
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North America dominated the market in 2021 and is anticipated to avouch a major growth rate of10.8 during the forecast duration. North America has the largest number of air ambulance service providers, and the infrastructure needed for air medical transportation is also fluently accessible. In extension, the presence of favorable reimbursement programs also supports the growth of this region. Also, the presence of a large advanced healthcare structure is anticipated to drive market growth in the upcoming years.
The Asia Pacific market is anticipated to avouch the fastest growth during the forecast period. The presence of developing countries similar to China, India, and Japan is anticipated to jack the market growth in the Asia Pacific region. In extension, the fast-growing medical tourism industry in these countries can also be imputed to the increase in demand for air ambulance services in this region.
The Air ambulance services market is segmented based on type, service model, application, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and give the users a valuable market overview and market insights to help them in forming strategic decisions for the identification of core market applications.
Based on type, the air ambulance services market is segmented into fixed-wing aircraft and rotary-wing aircraft.
Based on the service model, the market is segmented into hospital-based, government-run, and self-sustained.
Based on application, the market is bifurcated into inter-facility, rescue helicopter services, organ transplant logistics, and others.
Based on end users, the air ambulance services market is segmented into domestic air medical rescue and international air medical rescue.
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