Press release
Air Ambulance Services Market to Surpass $ 9,270.0 Million, Booming At a CAGR of 9.4% | Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance
Increasing prevalence of chronic disorders is expected to propel growth of the global air ambulance services market. For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045.Emergence of Covid-19 is expected to propel growth of the global air ambulance services market. For instance, globally, as of 6:51pm CET, 3 January 2021, there have been 83,322,449 confirmed cases of COVID-19, including 1,831,412 deaths, reported to the World Health Organization.
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High cost of air ambulance services and the relative low adoption of these services in emerging economies compared to developed countries is expected to hinder growth of the global air ambulance services market.
Among regions, North America is expected to witness significant growth in the global air ambulance services market, owing to launch of new services. For instance, in September 2020, WellSpan Health, an integrated health system in the U.S., and Air Methods, a leading air medical service in the U.S., jointly launched a new medical helicopter service to improve access to emergency air transport services for the most critically injured or sick patients.
Asia Pacific is also expected to witness significant growth in the global air ambulance services market, owing to increasing initiatives to develop a flying ambulance for medical emergency use. For instance, in August 2020, EHang Holdings Limited, an autonomous aerial vehicle technology platform company, announced that it has been selected to join Ambular, an international project endeavoring to develop a flying ambulance for medical emergency use.
Competitive Analysis
Major players operating in the global air ambulance services market include, Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance, Air Ambulance Specialists, Air Charter Service, Envision Healthcare Companies, Falck Danmark A/S, AMR Air Ambulance, AirMed International, Air Methods, and Express Aviation Services.
Major players operating in the global air ambulance services market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2020, Air Methods partnered with Borrego Health, a Federally Qualified Health Center in the U.S., to start a new Mercy Air base at the Borrego Medical Clinic in Borrego Springs, California, U.S.
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Table of Contents
-- Report Overview: It includes the Air Ambulance Services market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
-- Executive Summary: This section of the report gives information about Air Ambulance Services market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.
-- Profiles of International Players: Here, key players of the Air Ambulance Services market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.
-- Regional Study: All of the regions and countries analyzed in the Air Ambulance Services market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
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Key Benefits:
• This study gives a detailed analysis of drivers and factors limiting the market expansion of Air Ambulance Services
• The micro-level analysis is conducted based on its product types, end-user applications, and geographies
• Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
• By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Air Ambulance Services market
The research study can answer the following Key questions:
• What will be the progress rate of the Air Ambulance Services Market for the conjecture period, 2021-2028?
• What are the prominent factors driving the Air Ambulance Services Market across different regions?
• Who are the major vendors dominating the Air Ambulance Services industry and what are their winning strategies?
• What will be the market scope for the estimated period?
• What are the major trends shaping the expansion of the industry in the coming years?
• What are the challenges faced by the Air Ambulance Services Market?
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