Air Ambulance Services Market Overview
Maximize Market Research's market study on the Air Ambulance Services Market sector provides a thorough analysis of the worldwide market in 2022. It includes a broad range of elements from the Air Ambulance Services market's kind, distribution channel, end-user, and industrial sector. The research also provides a detailed prognosis through 2029, along with information on recent developments, mergers and acquisitions, and business strategies used by well-known organisations. For beginners hoping to learn more about the sector, this study on the Air Ambulance Services market is an excellent resource.
Market dynamics for air ambulance services:
The primary motivator is the rise of chronic disease situations that necessitate emergency medical attention.The major causes of death in the globe are chronic illnesses like diabetes, cancer, and cardiovascular disease. According to the World Health Organisation (WHO), chronic diseases are the major cause of death worldwide, accounting for 60% of all fatalities. Nearly 80% of fatalities in middle- and low-income nations are caused by chronic diseases. By 2025, it is predicted that 49% of Americans will suffer from chronic diseases.
In the older population, chronic diseases like arthritis, heart attacks, strokes, osteoporosis, and obesity are all quite prevalent. Such illnesses can necessitate both emergency and non-emergency ambulance services for patients. Thus, the market is anticipated to benefit from the growing elderly population.
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Air Ambulance Services Market Scope
A complete overview of the Air Ambulance Services market and dynamic research technique are provided in the Maximize Market Research study. Along with the PESTAL, PORTER, and SWOT analyses, the research offers details on major growth drivers, market dynamics, challenges, and scope. The study covers the most recent innovations and cutting-edge technological advancements in the worldwide Air Ambulance Services market. It provides thorough data for the global Air Ambulance Services market, such as market shares, supply chain analyses, and critical success criteria. Insights and comments from industry professionals who represent the top leading companies in the worldwide Air Ambulance Services market are presented in the report's concluding part. The research includes historical years (2018-2020), base year (2022), expected year (2022), and projection years (2023-2029) for a certain time period.
Air Ambulance Services Market Value :
Air Ambulance Services Market size is expected to grow at a CAGR of 11.20% throughout the forecast period, reaching nearly US$ 13.63 Bn. by 2029.
Air Ambulance Services Market Segmentation
Air Ambulance Services Market by Type
• Rotary-wing
• Fixed-wing
According to Type, the Rotary wing segment commanded a commanding 76% share in 2021. Helicopters are typically referred to as having rotary wings. The main advantages of helicopter-based air ambulance services that contribute to the segment's growth are their affordability and quick response times. Patients are transported by helicopters in emergency situations, particularly when a prompt reaction is necessary.
Because they can land practically anywhere, including on roads, parks, farms, crowded urban areas, and paved places, helicopters are a great option to ground ambulances. Air ambulance services are frequently provided by Bell 206, 429, and 407 helicopters, Eurocopter AS350, EC135, BK117, EC145, and EC130 helicopters, Sikorsky S-76 helicopters, and Augusta Westland 149 and 109 helicopters. Some of the key participants in this market include REVA Inc., PHI, AirMed International, Scandinavian Air Ambulance, and Native American Air Ambulance.
Air Ambulance Services Market by Service Model
• Hospital-based
• Community-based
Hospital-based services had the biggest market share (79%), according to Service Type, in 2021. In a hospital-based service model, a hospital often provides a medical staff and collaborates with an aviation service provider for aircraft, pilots, and mechanics. The hospital pays the aviation service provider for the service model they offer; they must hold a Federal Aviation Administration (FAA) licence.
Air Ambulance Services Market by Application
• Inter Facility
• Rescue Helicopter Services
• Organ Transplant Logistics
• Other
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Air Ambulance Services Market Key Players
• Envision Healthcare
• Falck A/S
• Air Methods Corporation
• The Acadians
• AirMed International, LLC
• Express Aviation Services LLC
• Lifeguard Air Ambulance
• Air Medical Group Holdings
• PHI
• Metro Aviation
• Rega
• DRF
• ADAC Service GmbH
• Royal Flying Doctor Service
• REVA Air Ambulance
• AMR
• FAI
• Capital Air Ambulance
• Native American Air Ambulance
• MED FLIGHT
• Scandinavian Air Ambulance
• Yorkshire Air Ambulance
• JAIC
Air Ambulance Services Market Regional Analysis
The report presents statistical data on market growth for each influential economy in the global Air Ambulance Services market. It encompasses various regions, including North America, Asia-Pacific, Europe, Latin America, and MEA, providing comprehensive insights. The report covers emerging trends, population growth, and government strategies and regulations, offering a holistic view of the market. The concluding section of regional insights provides historical and forecasted data on the market influence of all economies within the respective regions.
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Key Questions answered in the Air Ambulance Services Market Report are:
- Which region held the largest market share in the Air Ambulance Services Market?
- What are the opportunities for the Air Ambulance Services Market?
- What are the restraining factors in the Air Ambulance Services market?
- Who are the key players of the Air Ambulance Services market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by ###
- Landscape- Leading key players and other prominent key players.
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