Air Ambulance Services Market By Aircraft Type (Fixed Wing and Rotary Wing), By Service Model Type, By Service Type, And Segment Forecasts, 2016-2026
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The air ambulance services market is projected to grow at a rate of 8.7% in terms of value, from 2019 to reach USD 9.51 Billion by 2026. Air ambulance services include transferring of patients either from the site of an accident to a hospital or between hospitals to make advanced medical care at a specialty facility like trauma, burn or cardiac centers to be provided to the patient.The market is anticipated to be driven by the offering of onboard medical assistance, availability of better reimbursement policies, increasing emphasis by governments worldwide to provide improved emergency health care services coupled with a growing demand for the same among masses. Advanced technological developments in providing onboard medical treatments are causative of several new players entering the market to seize the opportunity and this, in turn, is expected to drive the market growth.
Rising incidents of fatal diseases comprising cardiovascular disorders that involve emergency medical services are estimated to fuel the growth of the market in the upcoming years. Moreover, growing awareness regarding air ambulance services is also expected to boost market demand in the future. According to WHO, cardiovascular diseases are responsible for the majority of fatalities across the globe. In 2012, 17.5 million deaths representing a share of 31.0% of the global deaths occurred as a result of cardiovascular disorders.AMR, PHI Air Medical, Scandinavian Air Ambulance, Express AirMed Transport, IAS Medical, Lifeguard Air Ambulance, Native American Air Ambulance, REVA Air Ambulance, Acadian, and Falck Danmark A/S among others.Fixed Wing and Rotary Wing
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