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The Evolving Role of Air Ambulance Services Industry | AMR, PHI Air Medical, Babcock Scandinavian Air Ambulance, Express Air Medical Transport, REVA Inc

04-05-2023 08:35 AM CET | Health & Medicine

Press release from: Persistence Market Research

Air ambulance services

Air ambulance services

Air ambulance services are a critical component of emergency medical services (EMS) that provide rapid and efficient transport of patients with critical illnesses or injuries to healthcare facilities. These services involve the use of helicopters, fixed-wing aircraft, and other air transportation vehicles to transport patients to medical centers that can provide the necessary treatment. The air ambulance services market is a growing industry that has gained significant momentum over the past decade, driven by increasing demand for medical emergency services and advances in aviation technology.

One of the key drivers of growth in the air ambulance services market is the increasing demand for emergency medical services. With the growing incidence of medical emergencies and accidents, there is a need for rapid transport of patients to healthcare facilities for timely and effective treatment. Air ambulance services offer a fast and efficient means of transportation that can significantly reduce the time taken to reach medical facilities, particularly in remote or inaccessible areas.

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Top Players 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.

Another factor driving the growth of the air ambulance services market is the increasing focus on healthcare infrastructure development in emerging economies. Governments and healthcare providers in these regions are investing heavily in healthcare infrastructure development, including air ambulance services, to improve access to medical care and reduce mortality rates. This has created significant opportunities for air ambulance service providers to expand their operations in these regions.

The air ambulance services market is also witnessing significant technological advancements, particularly in aviation technology. Advancements in aircraft design, navigation systems, and medical equipment have improved the safety and efficiency of air ambulance services, making them a more viable option for medical transportation. For instance, the use of air medical transport ventilators and portable suction devices has made it possible to provide high-quality medical care during transportation.

Key Segments in Air Ambulance Services Industry Research
• By Type
Rotary-wing
Fixed-wing
• By Service Model
Hospital-based
Community-based
• By Region
North America
Latin America
Europe
APAC
MEA

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Study of Air Ambulance Service Demand from 2017 to 2021 Compared to Market Predictions (2022 to 2032)

The COVID-19 pandemic had a favourable effect on the market for air ambulances. This is attributable to an upsurge in demand for air ambulances throughout the pandemic. A Bengaluru-based provider of air ambulance services, International Critical Care Air Transfer Team (ICATT), for instance, had a 500% rise in demand during the epidemic.

Prior to the pandemic, ICATT transferred 15 to 20 critically sick patients per month; this number rose to over 300 patients per month after the outbreak. Globally, demand increased in a similar manner. Moreover, numerous market competitors made a number of strategic changes to respond to the growing demand.

In conclusion, the air ambulance services market is a growing industry that plays a critical role in emergency medical services. The market is being driven by increasing demand for medical emergency services, advances in aviation technology, and focus on healthcare infrastructure development in emerging economies. However, the market also faces several challenges, including high costs, shortage of qualified medical personnel, and the need for increased regulation and standardization of pricing.

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About Persistence Market Research:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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