Global Air Ambulance Services Market (2021 to 2027) – by Type, Model and Regional Outlook – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Air Ambulance Services Market By Type (Rotary-wing and Fixed-wing), By Model (Community-based and Hospital-based), By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global Air Ambulance Services Market size is expected to reach $12.1 billion by 2027, rising at a market growth of 11.4% CAGR during the forecast period.
Air ambulances are integrated with advanced and unique medical devices and accessories like heart monitors, ventilators, and defibrillators that offer preliminary emergency medical care to the patients. The technological developments in communication systems in an air ambulance enable the transmission of real-time data of health of patients to the medical professional available at the hospital, thereby helping and enabling the doctors to prepare for the emergency in advance.
The demand for air medical services has been boosted by the growing cases of chronic diseases like cancer, diabetes, cardiovascular, and others across the globe. Aging is also one of the major factors that give rise to various medical conditions. As per the United Nations Publication, in 2019, there were 703 million individuals above 65 years, and the number is expected to reach 1.5 billion in 2050. The growing geriatric population is more vulnerable to the growing occurrences of life-threatening situations in people aged between 60-75 years. This factor is expected to propel the growth of the global air ambulance services market during the forecast period.
COVID-19 Impact
Several industries have been negatively affected by the outbreak of the COVID-19 pandemic. Though, a spur in demand for helicopter emergency medical services from healthcare facilities is observed during the global COVID-19 pandemic due to the lockdown restriction in various countries. In addition to it, the demand for air ambulance service for emergency medical services is expected to be fueled due to the increasing investment in the healthcare sector because of the COVID-19 pandemic. Moreover, the air ambulance operators are installing safety protocols with an aim to protect patients, their families, crew members, paramedics, and others from the spread of coronavirus. Therefore, COVID-19 has surged the demand for air ambulance services and it is expected that this demand is expected to further boost during the forecast period.
Companies Profiled
- Babcock International Group PLC (Scandinavian AirAmbulance)
- Acadian Ambulance Service, Inc. (Acadian Companies)
- Air Methods Corporation (ASP AMC Intermediate Holdings, Inc.)
- Reva, Inc.
- IAS Medical, Ltd.
- American Air Ambulance
- PHI Group, Inc. (PHI AirMedical, LLC)
- Life Savers Ambulance Services
- Express Air Medical Transport, LLC
- Lifeguard Air Ambulance Service LLC
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Air Ambulance Services Market
Chapter 4. Global Air Ambulance Services Market by Type
4.1 Global Rotary-wing Market by Region
4.2 Global Fixed-wing Market by Region
Chapter 5. Global Air Ambulance Services Market by Model
5.1 Global Community-based Market by Region
5.2 Global Hospital-based Market by Region
Chapter 6. Global Air Ambulance Services Market by Region
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ejxhpz
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