Air Ambulance Services Market Growth Drivers, Worldwide Trends and Research Report, 2025
The market size for global air ambulance services was worth USD 3.7 billion in 2016 which is anticipated to grow at a CAGR of more than 9.3% during the forecast period.
(firmenpresse) - The global Air Ambulance Services Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The market size for global air ambulance services was worth USD 3.7 billion in 2016 which is anticipated to grow at a CAGR of more than 9.3% during the forecast period. An exponential rise in the per capita healthcare spending is observed worldwide in the past twenty years.
Key Players:
AMR
PHI Air Medical
Scandinavian Air Ambulance
Express AirMed Transport
IAS Medical
Lifeguard Air Ambulance
Native American Air Ambulance
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Growth Drivers:
The factors contributing to the growth of the market are increasing the prevalence of chronic diseases, for instance, cardiac disorders which need an emergency medical response, accessibility of reimbursement policies, rising per capita healthcare expenditure and improvement of medical infrastructure in entertainment & sports industry.
An exponential rise in the per capita healthcare spending is observed worldwide in the past twenty years. According to the statistics given by The World Bank Group, in 1996, the per capita healthcare expenditure was approximately USD 467.6 and this figure raised exponentially to USD 1,060.9 in 2014. The 55.0% growth in per capita healthcare spending can be associated with better access to quality care, better economic conditions, and rising awareness amongst the population. These factors also contribute towards a rise in demand for air ambulance services in the last five years.
The air ambulance service operators, particularly in developing nations, are offering a wide spectrum to air ambulance services to leverage the increasing demand. Additionally, increase in the number of service providers has intensified the competition in this market. For instance, there exist more than 1,300 aircrafts provided by 300 air ambulance operators, cumulatively, in the U.S.
Regional Insights:
North America dominated global air ambulance market in 2016. Availability of the supportive air medical transport infrastructure, the presence of reimbursement plans, and the local existence of a large number of air ambulance operators has fueled the growth of the market in this region.
On the other hand, Asia Pacific is expected to grow at a lucrative rate of more than 11.0% over the forecast period. The economic conditions in this region are improving and countries like China and India are leading countries on global investments. Accessibility of large labor pool and affordable services are promoting many multinational companies to invest in this region. Many multinational business conglomerates provide air ambulance services as safety protocol component.
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Themen in dieser Pressemitteilung:
medical-devices
air-ambulance-services-market
air-ambulance-services-market-news
global-air-ambulance-services-industry-size
air-ambulance-services-market-share
air-ambulance-services-market-demand
air-ambulance-services-market-analysis
Unternehmensinformation / Kurzprofil:
Datum: 15.09.2020 - 10:52 Uhr
Sprache: Deutsch
News-ID 619426
Anzahl Zeichen: 3628
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Healthcare & Medical
Typ of Press Release: Financial
type of sending: don't
Date of sending: 15.09.2020
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