Segmentation:
The global air ambulance services market has been segmented based on mission profile, service model, aircraft type, and region.
Based on mission profile, the air ambulance services market is divided into inter-facility transports, scene response, and others. The inter-facility transports segment is estimated to account for the largest market share while the scene response segment is projected to witness the highest CAGR during the forecast period. With urbanization, the standards of living have risen significantly and so is the complicated diseases. The air ambulance become vital while aiding patients suffering from such diseases and requiring immediate assistance.
Request for Free Sample Pages: https://www.marketresearchfuture.com/sample_request/7268
Based on aircraft type, the air ambulance services market is divided into fixed wing and rotary wing. The rotary-wing segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, the fixed-wing aircraft can travel farther distances without refueling and are an important part of any quality medical transportation fleet. Furthermore, these ambulances can typically hold more passengers. However, rotary-wing aircraft are highly maneuverable and are used navigate in tough terrains.
Based on service model, the air ambulance services market is divided into hospital-based model, community-based model, hybrid model. The hospital-based segment is estimated to account for the largest market share while the hybrid model is projected to witness a higher CAGR during the forecast period. Under the hybrid model (also termed as alternative delivery model) the air ambulance service providers seek support from its partners medical staffing, marketing and other aspects.
Market Overview:
In 2017, the inter-facility segment accounted for the largest market share as it is often scheduled and is carried out on a regular basis. Based on service model, the air ambulance services market is divided into hospital-based model, community-based model, hybrid model. In 2017, the hospital-based service model segment accounted for the largest market. In this case the hospital provides medical personnel and management themselves and gives contract to a third-party operator only to provide aircraft and pilots. Based on aircraft type, the air ambulance services market is divided into fixed-wing and rotary-wing. In 2017, the rotary-wing segment accounted for the largest market share as helicopters can land almost anywhere, giving them a definite advantage over slower ground travel.
Air ambulance, also termed as medevac flight, is an aircraft used for transporting patients in situations where a land-based ambulance cannot reach the location easily or quickly. It is critical in transporting patients over a distance or terrain that makes air transportation the most practical option. Air ambulance services or air medical services is an umbrella term covering the use of any aircraft (both fixed-wing and rotary-wing) equipped with advanced life support systems to move patients from accident/incident sites to healthcare facilities.
The global air ambulance services market is estimated to register a CAGR of more than 8% during the forecast period of 2018 to 2023.
Changing lifestyle leading to rise in complicated diseases and subsequent demand for emergency medical response, and increasing accidents worldwide, especially, in remote locations and subsequent demand for immediate support are factors that positively influence air ambulance services market growth. In addition, focus on improving healthcare sector and investments in developing air ambulance network, further boosts market growth. However, factors such as high cost of services hinders market growth. Meanwhile, rising standards of living and initiatives provided by government in terms of insurance, reimbursements on medical charges creates promising growth opportunities for the air ambulance services market.
Key Players:
- Air Methods Corporation
- Air Medical Group Holdings, Inc
- Alpha Star Air Ambulance
- AMR Air Ambulance, Inc
- Babcock Scandinavian Air Ambulance
- European Air Ambulance
- Express Air Medical Transport, LLC
- IAS Medical
- PHI Air Medical, Inc. and
- REVA, Inc
Regional Analysis:
The global air ambulance services market has also been segmented into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. North America is estimated to account for the largest share during the review period owing to the presence of major service providers. Furthermore, increasing focus by companies on product innovation and technological advancements to provide better and faster services in emergency situations in the US and Canada are contributing to the high demand for air ambulance services in the North America.
Table Of Contents:
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Takeaways
2.5. Key Buying Criteria
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
3.7. Limitations
Continue…
Access Full Summary of Report: https://www.marketresearchfuture.com/reports/air-ambulance-services-market-7268
About Market Research Future:
At Market Research Future (MRFR) we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
The MRFR team has a supreme objective to provide optimum quality market research and intelligence services to our clients. Our market research studies, by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which helps answer their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/air-ambulance-services-market-7268