(MENAFN- EIN Presswire) Air Ambulance Services Market By Type (Rotary-wing, Fixed-wing), By Service Model (Hospital-based, Community-based), and By Region
Air Ambulance Services Market By Type (Rotary-wing, Fixed-wing), By Service Model (Hospital-based, Community-based), and By Region
NEW YORK CITY, NEW YORK , UNITED STATES, March 13, 2023 /einpresswire.com / -- The global air ambulance services market accounts for a revenue of US$ 17.76 billion in 2022. The global market for Air Ambulance Services is expected to reach US$ 50.43 billion by 2032 and Demand for Air Ambulance Services from 2022 to 2032 is projected to expand at a stellar CAGR of 11%.
Air ambulance services Market refer to the transportation of patients who require urgent medical attention from one location to another using specially equipped aircraft. Air ambulances are typically staffed by a team of medical professionals, including physicians, nurses, and paramedics, who are trained to provide medical care in the air. The aircraft used for air ambulance services are typically equipped with advanced medical equipment and supplies to provide critical care during transport. Air ambulance services are typically used when ground transportation is not feasible, too slow, or too risky, such as when patients are in remote locations or need to be transported over long distances.
Air ambulance services are an important aspect of emergency medical services and play a vital role in saving lives. They are often used to transport patients who require critical care, such as those with heart attacks, strokes, severe injuries, or respiratory distress. Air ambulance services are also used for medical evacuations during natural disasters, wars, and other emergencies. While air ambulance services are typically more expensive than ground transportation, they offer significant advantages in terms of speed, efficiency, and access to medical care, which can be life-saving in many situations.
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Air Ambulance Services market drivers
There are several drivers that contribute to the growth of the air ambulance services market:
.Increasing demand for emergency medical services: The need for emergency medical services is increasing as the aging population is rising, and the prevalence of chronic diseases is increasing. Air ambulance services provide critical care and medical transportation for patients in emergencies.
.Technological advancements in medical equipment: Air ambulance services are equipped with the latest medical technology and equipment, including advanced life support systems, defibrillators, and medical monitoring devices. These technological advancements have enabled air ambulance services to provide more advanced medical care during transportation.
.Increasing number of air ambulance providers: The number of air ambulance service providers is increasing, leading to more competition in the market. This has resulted in better services, more affordable pricing, and an increase in accessibility for patients.
.Rise in medical tourism: Medical tourism is increasing worldwide, with patients traveling to other countries for medical treatments. Air ambulance services are used to transport patients to and from their destination, which has increased the demand for air ambulance services.
.Improvements in aviation infrastructure: Improvements in aviation infrastructure, including the expansion of airport runways and helipads, have made it easier for air ambulance services to operate and provide services in more remote areas.
Top Manufacturers are
:
.AMR
.PHI Air Medical
.Babcock Scandinavian Air Ambulance
.Express Air Medical Transport
.REVA, Inc.
.Lifeguard Ambulance Service LLC.
.Acadian Ambulance
.IAS Medical, Ltd.
.American Air Ambulance
.Air Evac EMS, Inc.
Market Value
The global air ambulance services market size was valued at US$ 16 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11% from 2022 to 2032.
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Why we need Air Ambulance Services Market
Air ambulance services are critical for patients who require urgent medical attention in locations that are difficult to reach by ground transportation or when time is of the essence. Air ambulances can quickly transport patients to hospitals or medical facilities that are better equipped to provide the necessary medical care, particularly in rural or remote areas where ground transportation can take hours or even days.
Moreover, air ambulance services are equipped with advanced medical equipment and staffed by trained medical professionals, including physicians, nurses, and paramedics, who can provide critical care during transport. This makes them particularly useful for patients who require urgent medical attention or who are in critical condition. Air ambulance services can also be used to transport patients who require specialized medical care, such as organ transplants or treatment for rare diseases, to medical facilities that are better equipped to provide the necessary care. Overall, air ambulance services provide a vital lifeline for patients who require urgent medical attention, particularly in situations where ground transportation is not feasible or too slow.
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The Air Ambulance Services Market can be segmented on the basis of several factors. Below are some of the commonly used segmentation criteria:
.Service Type: The Air Ambulance Services Market can be segmented into fixed-wing air ambulance services and helicopter air ambulance services.
.Aircraft Type: The market can also be segmented by the type of aircraft used for air ambulance services, such as rotary-wing (helicopters) or fixed-wing (airplanes).
.Service Model: The market can be segmented based on service models, such as community-based models, hospital-based models, and private models.
.End User: The market can also be segmented based on end-users, such as hospitals, private operators, and government agencies.
.Geography: The market can be segmented based on the geographic region, such as North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
.Purpose: The market can also be segmented based on the purpose of the air ambulance service, such as emergency medical services, patient transport, organ transplant, and others.
These are some of the common segmentation criteria used in the Air Ambulance Services Market. Companies can choose to segment the market based on their specific needs and requirements.
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