Business impacts of COVID-19 on Air Ambulance Services Market. Strategies of major industry competitors - Global Medical Response, Phi Air Medical, IAS Medical Limited, Lifeguard Ambulance Service LLC, Air Methods

The number of diseases and the number of patients across the globe are increasing rapidly. In old days, patients, who were not privileged enough to receive a visit from the doctor at their homes, had to carried in carts to medical settings. As technology advanced however, civilization saw the advent of ambulance vans, which are now equipped with different medical devices so that the patient has an increased chance of reaching the hospital on time to receive treatment. Even after all these innovations, a large number of patients who are critical condition cannot be helped via ambulances.

Global Air Ambulance Services Market Key Players are:
1- Global Medical Response
2- Phi Air Medical
3- IAS Medical Limited
4- Lifeguard Ambulance Service LLC
5- Air Methods

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Cases such as being stranded on mountains or living in a remote location, which may not have proper medical services for treatment, can be taken care of by air ambulance services. As the name suggests, air ambulance refers to the usage of air transportation, including aeroplanes or helicopters, for moving a patient from one location to another, where the patient may receive the necessary treatment. Since a large number of patients are being transported from difficult situations to medical facilities, the global air ambulance services market is growing rapidly-- valued at $8.9 billion in 2019, the market is predicted to generate a revenue of $15.9 billion by 2030, progressing at a 5.4% CAGR during the forecast period (2020-2030).

The utilization of both these types of aircraft is rising in North America, majorly because of the surging number of patients in critical condition and rising number of victims of road accidents, who need immediate medical care. Moreover, as the healthcare system is quite advanced in this region, more people are able to afford air ambulance services. On the same note, because the healthcare system in Asia-Pacific (APAC) is still growing, the companies in the air ambulance services market are expected to make more profit in the region. The number of patients needing immediate medical care is also rising in APAC, which can prove fruitful for the companies in the domain.

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Air Ambulance Services Market Size Breakdown by Segment

Based on Aircraft Type
o Rotary-Wing
o Fixed-Wing
Based on Service Type
o Hospital-Based
o Community-Based
Geographical Analysis
o North America
o U.S.
o Canada
o Europe
o Germany
o U.K.
o France
o Spain
o Netherlands
o Asia-Pacific (APAC)
o Japan
o China
o India
o South Korea
o Latin America, Middle East and Africa (LAMEA)
o Brazil
o Mexico
o U.A.E.

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