Ambulance services are vital for transportation in case of medical
emergencies. Efficient ambulance services has led to on-time medical
attention for accident victims or patients with chronic illness,
emergency medication situations, etc. Air ambulances are armed with
innovative medical equipment and accessories, along with skilled
medical crew trained in providing initial emergency medical care to
patients. Air ambulance provides the advantages over the issue of
prolonged travel durations and limited remote areas reach that are
faced in road ambulance services. The Federal Aviation Administration
has laid down strict safety guidelines for air ambulance services.
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Air ambulance services are equipped with advanced life care services
(ALS). Earlier, the use of ambulances were primarily in the
battlefield; however, with rising incidence of several severe medical
situations coupled with advanced innovation in ambulances, their
utilization also started for transportation to-and-from hospitals of
critical patients. Air ambulance services directly transport patients
from their residence or place of accident to the health care
establishment such as multispecialty hospitals.
On-board medical assistance, favorable policies for reimbursement,
rising governmental focus for enhancing the emergency care standards,
demand for better emergency health care services are expected to
drive the global air ambulance services market. However, operational
constraints, high costs, and air ambulance accidental incidences are
projected to restrain the global air ambulance services market. High
initial capital investments are expected to arrest the entry of new
entrants in the market.
Superior technological advancements in the on-board medical
treatments have attracted the attention of major market players, and
increasing number of service providers is expected to serve as huge
opportunity for the growth of the global air ambulance services
market. The need for maximizing the use of air ambulance assets to
offer better emergency care and generation of more profitable returns
is anticipated to fuel the growth of the market.
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The global air ambulance services market has been segmented based on
service type, transport vehicle type, and region. In terms of service
type, the market has been classified into hospital services,
community services, and other services. Based on transport vehicle
type, the market has been segmented into helicopters,
aircraft/airplane, and sea-planes. The aircraft segment has been
further bifurcated into rotary wing aircraft and fixed wing aircraft.
Helicopters offer certain advantages such as comparatively smaller
take-off/ground area and ease in landing. These advantages are
expected to reflect in increasing market share of the segment.
In terms of region, the global air ambulance services market has been
segmented into five regions: North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa. Asia Pacific is expected
to show continual growth owing to rising adoption of advanced health
care infrastructure to create health care system experience safer and
less strenuous and growing number of multispecialty hospitals. North
America is projected to dominate the global air ambulance services
market due to greater insurance coverage for air ambulance facilities
and rising adoption of air medical transport facilities. However,
inadequate number of aircrafts for emergency transport and lack of
health care air services infrastructure in emerging countries are the
key challenges in the development of the global air ambulance
services market in developing countries.
Increasing health expenditure per capita attributed to improving
economic conditions, enhanced access to efficient emergency
treatment, rising prevalence rate of cardiovascular diseases
worldwide, proper reimbursement policies, increasing number of
multinational hospitals equipped with proper air-ambulance services,
strategic collaborative initiatives from major market players, and
improving medical infrastructure in rural regions are fueling the
growth of the global air ambulance services market.
Key players in the global air ambulance services market are Envision
Healthcare Companies, Falck Danmark A/S, Rural/Metro Corporation, Air
Methods, Acadian, AMR Air Ambulance, AirMed International, Express
Aviation Services, and Lifeguard Air Ambulance, among others.
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