The global air ambulance services market 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.
Browse full research report on Global Air Ambulance Services Market: http://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 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.
Grand View Research has segmented the 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.
For more information: www.grandviewresearch.com
No comments:
Post a Comment