Description
Market Overview
Air ambulance services, also known as medical air transport services, are a type of air evacuation or transportation service provided to patients in the event of an emergency. An air ambulance is a helicopter or an airplane that is outfitted with medical supplies and instruments to offer the best possible healthcare and comfort while traveling. The system also includes trained medical personnel who treat the patient immediately until the ambulance arrives at the nearest hospital. Breathing apparatus, monitoring systems, and defibrillators are frequently included in an air ambulance kit. The service reduces traffic congestion and is especially useful in places hit by natural disasters, conflicts, or epidemic outbreaks. During the forecast period, the Global air ambulance industry is predicted to develop rapidly.
Air Ambulance Market: Key Players
PHI Air Medical
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Air Ambulance Specialists
Babcock Scandinavian Air Ambulance
Express Air Medical Transport
Lifeguard Air Ambulance
Native American Air Ambulance
Metro Aviation Inc.
The Royal Flying Doctor Service
REVA Air Ambulance
Yorkshire Air Ambulance
EAA
Capital Air Ambulance
AirMed International
Growth Factor
Increasing incidence of chronic diseases
The need for air medical services has increased as the prevalence of chronic diseases such as cancer, diabetes, cardiovascular disease, and others has increased. Aging is another element that contributes to serious medical issues. According to UN publications, there were 703 million persons over the age of 65 in 2019, with the number expected to rise to 1.5 billion by 2050. Because of the increased number of life-threatening circumstances in the 60-75 age range, the market is expected to rise at a faster rate throughout the projected period.
Market Segmentation:
By Vehicle Type:
Aircrafts/Airplanes
Rotary Wing
Fixed Wing
Helicopters
Seaplanes
Others
By Service Type:
Hospital Services
Community Services
Others
By Application:
Medical Care
Transport
Others
Air Ambulance Market Dynamics
Air Ambulance Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Recent News and Developments Related to Market
In May 2020, EHang, a renowned producer of Autonomous Aerial Vehicles (AAV), successfully transported personnel and medical supplies in their two-seat passenger drone. In addition, EHang and the International Civil Aviation Organization (ICAO) are working together to create Ambular, an ambulance drone that can quickly respond to medical situations.
In September 2020, Kyathi and the International Critical Air Transfer team (ICATT) jointly inaugurated India’s first-ever integrated air ambulance. The COVID-19-affected patients will be transported safely in the fixed-wing aircraft ambulance, which is outfitted with an isolation pod.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Air Ambulance Market growth?
Which segment accounted for the largest Air Ambulance Market share?
Who are the key players in the Air Ambulance Market?
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in Our reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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