Report Summary

The global air ambulance services market size was estimated over USD 4.0 billion in 2017 and is anticipated to gain significant traction over coming years. Developments in healthcare equipment and technology alongside growing patient predisposition to efficient and faster method of delivery has led to significant growth of on-the-time and well-organized delivery of air ambulance services. In general, Ambulance services are important for the transportation when there is a critical medical emergency. Adept ambulance services have stimulated on-time medical care for any ordinary or life-threatening accident casualties or patients with emergency medical cases or chronic diseases.

Air ambulance services denote the evacuation or transport facilities provided to patients in emergency circumstances at the accident site, hospital or home. Air ambulances are well-equipped with innovative and advanced medical amenities, comprising equipment and devices used in case of critical emergencies to provide instant therapeutic attention to the patient till they reach the nearby hospital or clinic. Furthermore, air ambulances are facilitated with skilled medical staff involved to diagnose and treat patients in emergency conditions en route to the hospital. Air ambulance competently tackle the concern of inadequate reach to remote areas as well as long travel time challenged by road ambulances. Air ambulance services have thus become an important constituent of the recent healthcare system.

The major factors driving the market growth for air ambulance services includes the facility and the capability to reach faster in comparison to road ambulance. Moreover, the air ambulance service area is widely used in the war zone to save injured military soldiers and deliver early medical care. In addition, favorable reimbursement guidelines and increasing government support for air ambulance services are boosting demand for air ambulance services market among patients. There is a huge increase in chronic disease occurrence especially critical cardiac situations, which require emergency medical care. For instance, according to the World Health Organization (WHO), cardiovascular ailments are the major reason for the deaths in comparison to other disorders. Moreover, in 2012, approximately 17.5 million death cases were reported owing to cardiovascular disease. The air ambulance services are of great benefit in such life-threatening situations, hence these services have maintained a steady demand for air ambulance services market.

Segment Analysis

The global air ambulance services market is segmented on the basis of type, service model, and geography.

On the basis of type, the AAS market is segmented into Rotary-Wing and Fixed-Wing. In 2017, the Rotary-wing type is estimated to dominate the global market growth majorly due to vast use of transportation for shorter distances. On the other hand, fixed-wing air ambulance services include particular airplane with well-equipped medical facilities and staff. For the longer distance patient transportation, this type of aircraft is used. In general, the fixed-wing air ambulance is private jets or business jets that are designed in to accommodate medical amenities as well as the crew.

On the basis of services model, the AAS Market is further segmented into hospital-based and community-based services model. In 2017, the hospital-based service is anticipated to dominate the segment in the AAS Market. The dominance is primarily due to the availability of emergency response by medical crew present in the air ambulance. The community-based services are given by the partnerships with private companies and other public health organizations.

Regional Analysis

On the basis of geography, North America is estimated to dominate global AAS Market. Availability of supportive organization for air medical transportation, favorable reimbursement policies, and high presence of local and external service providers in this North America generates the profitable growth of this market. However, Asia Pacific is anticipated to make a dominating growth in the forecast period. The improving economic environment and developing the significant growth of air medical facilities in countries such as India, China, Japan and presence of multinational corporations marking the significant growth of the market in the Asia Pacific.

Competitive Landscape

Major firms are focusing on small firms with a working methodology of securing the end goal to manage position in the market and are associated with mergers and acquisitions, key joint efforts, and novel item advancement to pick up profit share in the business. Some major key players in global air ambulance services market includes AMR, PHI Air Medical, Scandinavian Air Ambulance, IAS Medical; Express AirMed Transport, Native American Air Ambulance, Lifeguard Air Ambulance, REVA Air Ambulance, and Acadian among others.