Press release
Air Ambulance Market is Predicted to Reach US$ 56.4 Million by 2034, Expanding at a CAGR of 13.2% | Fact.MR
As per a new study by Fact.MR, the global air ambulance market is anticipated to be worth US$ 16.3 billion in 2024 and is expected to grow to US$ 56.4 billion by 2034, growing at a CAGR of 13.2% during the forecast period (2024-2034).The market for air ambulances is growing with the growing requirement for quick and safe medical evacuations in traffic accidents, trauma, and life-threatening situations like heart attacks and strokes. Also, ongoing technological improvements in aviation and medical devices are improving the quality of care during transit, which is propelling the market further.
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The air ambulance industry is anticipated to grow steadily between 2024 and 2034, fueled by rising demand for emergency medical transportation, Fact.MR says. The pandemic has also increased the need for air ambulances, with a favorable long-term growth perspective.
Air ambulances provide effective operations regardless of the weather conditions like droughts, tsunamis, and storms, hence making them an essential part of disaster management. They also assist in decongesting zones hit by natural disasters and road accidents.
But strict safety standards implemented by the Federal Aviation Administration (FAA) can be a challenge to market growth. Nevertheless, the use of advanced life support (ALS) systems in air ambulances continues to improve patient care.
The air ambulance market is dominated mainly by North America, Europe, and Asia-Pacific, with these markets leading in technological innovation and healthcare infrastructure.
Browse Full Report: https://www.factmr.com/report/air-ambulance-market
Regional Insights
The United States leads the air ambulance services market, with the largest revenue share in 2024. This dominance is attributed to the availability of major service providers, such as Acadian Companies, Air Methods, PHI Air Medical, and Air Medical Group Holdings, which support the nation's large air medical transport network.
In Europe, manufacturers of air ambulances are making significant investments in cutting-edge technology to streamline efficiency and reduce expenditures. Online booking capabilities are further enhancing the efficiency of operations and improving accessibility. Moreover, the increased availability of hospitals with air ambulance services and growing emergency health care spending are driving market growth in several regions.
Key Manufacturers
Some of the leading manufacturers and service providers of air ambulances include
Air Methods Corporation
Air Medical Group Holdings
PHI Air Medical
Metro Aviation
Rega
ADAC Service GmbH
Royal Flying Doctor Service
REVA Air Ambulance
Capital Air Ambulance
Native American Air Ambulance
Scandinavian Air Ambulance
Airmed International
Babcock Scandinavian Air Ambulance
Yorkshire Air Ambulance
Segmentation of Air Ambulance Market Research
By Service Type :
Hospital-based
Independent
Government
Community-Based
By Type of Vehicle :
Rotary Wings
Aircraft/Airplanes
Fixed Wings
Helicopters
Seaplanes
Others
By Application :
Interfacility
Rescue Helicopter Services
Organ Transplant Logistics
Scene Response
By Region :
North America
Western Europe
Eastern Europe
Latin America
East Asia
South Asia & Pacific
Middle East & Africa
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https://www.factmr.com/report/medical-sensors-market
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https://www.factmr.com/report/geriatric-care-services-market
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https://www.factmr.com/report/bioceramics-market
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