Global Air Ambulance Services Market Future Trends and Growth Analysis 2019 to 2024

Global Air Ambulance Services Market Future Trends and Growth Analysis 2019 to 2024

Global Air Ambulance Services Market
A new market study, titled “Global Air Ambulance Services Market Research Report Forecast to 2024” has been featured on WiseGuyReports.

Market analysis

This study, focused on market analyzes from the global air ambulance services market, examines the latest developments in the industry. The market overview presents a market description along with the product definition and applications, with the main objective of presenting the current market status and offering a forecast about market prospects. The report deals with key industry trends and competitive landscaping. This also provides a detailed analysis of various market dynamics and the key factors impacting the air ambulance services market as a whole. The market forecast duration up to 2024 was given as base year with 2019.

As far the analysis, Rotary-wing aircraft are stimulated with upright lift rotors. These aircraft offer various benefits such as vertical take-off and landing (VTOL), hover competences, and relaxed maneuverability. As a result, these aircraft are widely active in release procedures, as air ambulances, and associated desires. The global air ambulance services market is growing at a noteworthy rate with the increasing per capita healthcare disbursement and rise in the number of advanced hospitals and ER visits.

The global air ambulance services market is foreseeable to account for USD 11,456.3 million by 2024, recording a CAGR of around 2.95% during the forecast period of 2019 to 2024.

In April 2019, Air Methods publicized the growth of its company with Anthem Blue Cross and Blue Shield. The company’s services will be part of their in-network health reporting supports in six states in the US. Under the terms of the business, Anthem-affiliated health plan members in California, Georgia, Nevada, Colorado, Virginia, and New York will receive Air Methods’ critical care air services at abridged in-network rates. In February 2018, Air Medical Group Holdings exposed the adding of 21 longstanding Airbus helicopters to its fleet for air medical conveyance projects. In this process, data is collected from numerous secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases. In 2018, North America settled for the foremost market share in the global air ambulance services market, shadowed by Europe, with around 21% of the global market portion.

Market segmentation

The Global Air Ambulance Services Market has been segmented by type, by end use and by region. The global air ambulance services market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to be the largest market for air ambulance services. The air ambulance services market in North America is credible to record a CAGR of around 2.08% throughout the forecast period. In North America, factors such as favorable medical policies, high per capita incomes, and obtainability of progressive healthcare infrastructure are bolstering market growth. Rendering to the World Bank, in 2017, the GDP per capita in the US was USD 59,927.93. High per capita income increases the affordability rate for air ambulance facilities. The cumulative per capita healthcare expenditure and rise in the number of advanced hospitals and ER appointments are some of the important drivers for the growth of the global air ambulance services market.

In the US, the presence of prominent air ambulance service breadwinners such as Air Methods, Acadian Companies, Air Medical Group Holdings, and PHI Air Medical is driving market growth. In Canada, the snowballing number of pedestrian deaths are propelling the growth of the air ambulance services market. In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, manufacture, trends, and projected market growth. Industry investors such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information. Also, given report customization to valued customers. Below are the options available for customization are Company Profiles, In-depth profiling of additional market players (3 to 4 companies), Country-Level Analysis, Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability).

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Regional analysis

The research and market forecast for the Air Ambulance Services were given at both the global and regional levels. The geographical divisions were demarcated on the basis of the geographic area and the relevant parts on the Air Ambulance Services Market. The regions were analyzed along with future perspectives in terms of consumer product use and development patterns.

Geographically, Global Air Ambulance Services Market is split in regions like North & Latin America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. Based on geography, North America is projected to dominate global AAS Market. Availability of supportive organization for air medical transportation, promising repayment strategies, and high company of local and external service providers in this North America produces the money-making growth of this market. However, Asia Pacific is anticipated to make a dominating growth in the forecast period. The educating economic atmosphere and emergent the noteworthy growing of air medical facilities in countries such as India, China, Japan and attendance of multinational corporations marking the significant growth of the market in the Asia Pacific.

Major players

The projected onlookers in the Global Air Ambulance Services Market are companies like European Air Ambulance (Luxembourg), Air Methods (AIRM) (US), Air Medical Group Holdings (AMGH) (US), ALPHASTAR (Saudi Arabia), Babcock Scandinavian Air Ambulance (Sweden), Express Aviation Services (US), IAS Medical (UK), PHI Air Medical (PHII) (US), REVA, Inc. (ASX:RVA) (US) and Acadian Companies (ACAD) (US).

 

Table of Contents

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Insights

5 Market Dynamics

6 Market Factor Analysis

7 Global Air Ambulance Services Market, by Transport Vehicle

8 Global Air Ambulance Services Market, by Aircraft Type

9 Global Air Ambulance Services Market, by Service Model

10 Global Air Ambulance Services Market, by Mission Profile

11 Global Air Ambulance Services Market, by Region

12 Competitive Scenario

13 Company Profiles

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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

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