Global Air Ambulance Services Market Industry Forecast 2016-2024 - Research and Markets
Request for an exclusive sample of this report: https://www.coherentmarketinsights.com/insight/request-sample/6
Increasing use of Helicopters in Air Ambulance
The global air ambulance services market outlook can be analyzed on the basis of type of aircraft as follows:
Rotary winged aircraft
Fixed winged aircraft
Use of helicopters in air ambulance is increasing owing to its convenience in landing and taking-off from a smaller ground area. Moreover, helicopter enables wider reach in remote areas compared to winged aircrafts/airplanes, which require more space for landing and take-off. Companies are also making use of sea planes and corporate planes depending on the demand and patient location.
Lack of Infrastructure and Inadequate Number of Aircraft in Developing Regions are Key Challenges for Growth of Air Ambulance Market
On the basis of geography, the global air ambulance services market scenario can be segmented into North America, Europe, Asia Pacific, Latin America and Rest of the World. Developed infrastructure, defined regulatory framework and favorable reimbursement policies are some of the factors contributing to the dominance of the air ambulance services market in North America and Europe. Developing countries of Asia Pacific, Latina America and Middle East are expected to show swift growth in the demand for air ambulance services. Factors such as rapidly growing medical tourism, improving medical infrastructure, and increasing disposable income are projected to boost growth of air ambulance services market in these regions. Air ambulance service providers in India such as Aviators Air Rescue, Aeromed, Innovation Aviation Pvt Ltd, JetSetGo, Air Ambulance Aviation, and Medanta’s Flying Doctors are collaborating with insurance providers to make the service affordable to all. However, lack of infrastructure and inadequate number of aircraft is deterring operators to meet demand for air ambulance in the country.
Get discount on this report by CMI @ https://www.coherentmarketinsights.com/insight/request-discount/6
Faster Reach and Onboard Assistance Driving Demand
Some key global air ambulance services market drivers include its ability to faster reach compared to road ambulance and onboard medical assistance. Also, air ambulance services are widely utilized on the warfront to rescue injured soldiers and provide emergency medical care to them.
Favorable reimbursement policies for air ambulance services are propelling demand for air ambulance services among patients. Certain insurance providers in Canada reimburse around 80% of the total service cost of air ambulance. This reimbursement policy is applicable for patients who require immediate hospitalization. This policy, however, excludes non-emergency patients, thus increasing cost of this service for such patients. This is a major air ambulance services market restraint. Formulation of strict safety rules by the Federal Aviation Administration (FAA) is one of the factors anticipated to reduce profit margins of air ambulance service providers, which would also hinder the growth of air ambulance services market revenue during the forecast period (2016–2024).
Ambulance Drones: A Fast Emerging Possible Nemesis
Air ambulance service is a capital intensive business, which increases entry barriers for new entrants in the market. Moreover, the advent of ambulance drones will also impact demand for air ambulance in future. The high cost of availing the air ambulance service in comparison to a cheaper ambulance drone would be restrain market growth of air ambulance to a major extent.
To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/air-ambulance-services-market-6
In terms of number of players, there are various small players operating with a small fleet of planes across the globe. Some of the major players in the global air ambulance services market are Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance, Air Ambulance Specialists, Air Charter Service, and Air Methods.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel : +1-206-701-6702
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Air Ambulance Services Market Industry Forecast 2016-2024 - Research and Markets here
News-ID: 578783 • Views: 189
More Releases from CMI Market Report
ENT Chairs Market – Global Industry Insights, Trends
ENT is an area of medicine dealing with treatment of human body parts namely ear, nose, and throat (ENT) and few related areas such as neck and face. The medical disorders treated by ENT physicians include chronic ear infection, sinusitis, snoring, sleep apnea, hearing loss, allergies, hay fever, swallowing disorders, nosebleeds, hoarseness, dizziness and neck cancer. Ear, nose and throat specialists or otolaryngologists have specific tools for treating patients well
Global Respiratory Inhalers Market to Surge Past US$ 38.8 Billion by 2024
Respiratory Inhalers – Getting the Wind Back in Your Lungs Respiratory diseases such as bronchitis, asthma, allergic rhinitis, pneumonia and sinusitis can significantly curtail the physical activities of the individual. The symptoms associated with both mild and severe manifestations of these respiratory conditions include coughing, wheezing, chest pain, respiratory distress, shortness of breath, congestion, and even death in severe cases. These conditions lead to substantial morbidity and causes large cost of
Dental Equipment Market is Expected to Expand at a CAGR of 4.7% During the Forec …
The Global Dental Equipment Market was valued at US$ 6,342.3 million in 2015 and is projected to expand at a CAGR of 4.7% during 2016–2024, according to a new report published by Coherent Market Insights.Increasing prevalence of poor oral health is increasing patient visits to dental clinics and in turn, is increasing demand for dental equipment. Changing eating habits has led to increase in dental caries and infection among children and
Medical Electrodes Market - Global Industry Insights Analysis, Size, Share, Grow …
Increasing prevalence of cardiology and neurological diseases among the population drives growth of the global medical electrodes market According to The World Health Organization’s estimates in 2012, the global geriatric population was pegged at 901 million in 2015, which is expected to increase over 2 billion by 2050. Geriatric population is highly susceptible to various cardiology and neurological diseases, thus creating a need for early diagnosis which can be achieved using
More Releases for Air
Climacool Air Conditioning
Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the quality and outstanding service that you deserve. Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
Nuclear Air Filtration Market
In this report, the Asia-Pacific Nuclear Air Filtration market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Nuclear Air Filtration for these regions, from 2012 to
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Systematically pure air
Amazone has integrated energy-saving torch welding extraction into the production Metal-processing companies can directly include the planning of ventilation systems when building a new hall. But what kind of extraction and filter technology can be successfully integrated into the existing production, which individually protects employees against emissions and is extremely energy-saving? This is the question that Hilmar Heitmann, project engineer at Amazone at the main production facility in Hasbergen-Gaste (close
Maximizing Air Conditioning Efficiency
Maximizing air conditioning efficiency is key to minimize its financial and environmental costs. Historically air conditioning has been unpopular in Europe simply because of the moderate climate and running costs, having said that, it is now becoming much more common across Europe and the UK. An air conditioner that does not work at its maximum efficiency levels can seriously effect the electricity consumption, it may be working fine with absolutely