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Global Air Ambulance Sales Market Report 2018

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Amit Patil
Global Air Ambulance Sales Market Report 2018

Industry Insights

The global air ambulance services market size was valued at USD 3.7 billion in 2016 and is expected to grow at a CAGR of 9.3% over the forecast period. Improving global economy; increasing per capita health expenditure; availability of reimbursement plans; rising prevalence of chronic diseases, such as cardiac disorders requiring emergency medical response; and Improvement in medical infrastructure in the sports and entertainment industries is that it is expected to help the air ambulance services industry grow at a strong rate.

Over the last two decades, there has been an increase in the per capita healthcare cost per person globally. As per statistics published by The World Bank Group, per capita health expenditure in 1996 was around USD 467.6, and in 2014, this number grew exponentially to USD 1,060.9. This exponential growth of around 55.0% in per capita healthcare expenditure can be attributed to improving economic environments, improved access to quality treatment, and increasing awareness in population, which translates into increased demand for these services since past five years.

In order to meet this growing demand, service providers, especially in emerging economies, provide wide range of services in the air medical transport. In addition, there has been a steady increase in service providers resulting in increased competition. For example, there are more than 300 service providers in the United States with more than 1,300 aircraft, cumulatively.

There is an alarming increase in incidence of chronic disorders, such as cardiovascular conditions, which require emergency medical response. For example, according to a World Health Organization report, Heart disease has dominion over the number of deaths worldwide. In 2012, 31.0% were around 17.5 million; Disease has been reported due to cardiovascular disorders. These facilities help in a big way in such a life-threatening situation, That is why these services have been continuously demanding spite being expensive.

Repatriation of policies in developed economies like the U.S., Help in removing these challenges related to high prices helped in increasing these services at an attractive rate. According to the statistics given by the Government Accountability Office (GAO), Medicare and Medicaid payments account for nearly 30.0% and Market revenues are 12.0%, while private insurance companies contribute around 50.0%; Out-of-pocket payments are rare because services are costly.

Type Insights

Rotary-wing service, which includes helicopter-based medical transportation services, In 2016, the market is up 68.0%. The use of helicopter ambulances is used for low-distance transport. Apart from this, easily landing on the ground, on roads and on the roof, the accessibility of these facilities increases.

The fixed-wing service indicates a special plane with medical facilities and dedicated employees. This is mainly used when patients need to be transferred to long distances. Fixed-wing are usually private jets or business jets that are designed in such a way that they can accommodate medical crews and equipment.

Service Model Insights

In 2015, the hospital-based Air ambulance service covers this place and It is also expected to get large shares in the prediction period. Most hospitals in developed countries run this program, In which hospitals provide emergency response services with medical teams in the air ambulance.

Community-based services are donated by public donations or by business. This service is provided by partner with private players and community health organizations. For example, the U.S. Among the various community-based programs such as Air Idaho Rescue in Wyoming, Montana, and Idaho.

Regional Insights

In 2016, North America organized a commanding stock in the global air ambulance service industry. Basic infrastructure accessible for aerial medical transportation, The availability of repayment and the presence of a large number of service providers in the region appreciates the attractive growth of the market.

Asia Pacific is planning to show an increase of more than 11.0% in the forecast period. The economic environment of this sector is improving and nations like India and China are at the forefront of global investment. Considering the price-effectiveness and availability of large-scale labor, multinational companies are investing in this area. Many global trade organizations take advantage of these services as part of the Security Protocol.

Competitive Outlook

Some of the major players in the industry are involved AMR; PHI Air Medical; Scandinavian Air Ambulance; IAS Medical; Express AirMed Transport; Native American Air Ambulance; Lifeguard Air Ambulance; REVA Air Ambulance; and Acadian.

The strategic initiatives run by these players include collaboration, service portfolios extension and partnership with business companies, sports and entertainment events. For example, in February 2017, AMR partnered with the National Association for Stock Car Auto Racing (NASCAR) Tournament; The company expects this initiative to help organize organic growth as well as to get promotions.

Segments Covered in the Report

This report estimates the revenue growth in global, regional and country levels and analyzes the latest trends and opportunities in each sub-sector from 2014 to 2025. For the purpose of this study, Frank n Raf has segmented the air ambulance services market on the basis of types, service model and region:

Type Outlook (Revenue, USD Million; 2014 to 2025)

  • Rotary-Wing
  • Fixed-Wing

Service Model Outlook (Revenue, USD Million; 2014 to 2025)

  • Hospital Based
  • Community Based

Regional Outlook (Revenue, USD Million; 2014 to 2025)

North America

  • S.
  • Canada

Europe

  • Germany
  • UK

Asia Pacific

  • China
  • Japan

Latin America

  • Mexico
  • Brazil

MEA

  • South Africa
  • Saudi Arabia

Inquire more or Share query If Any before the Purchase on This Report @

https://franknraf.com/reports/global-air-ambulance-sales-market-report-2018/

Table of Content:

  • Methodology and Scope

·         Executive Summary·         Air Ambulance Services Market Variables, Trends & Scope·         Air Ambulance Services: Type Estimates & Trend Analysis·         Air Ambulance Services: Services Model Estimates & Trend Analysis·         Air Ambulance Services: Regional Estimates & Trend Analysis·         Competitive Landscape

Get Sample Copy of this Report @ https://franknraf.com/sample-report/?rpt_id=6386

About Us:

Frank n Raf is one of the eminent companies in Market Research and Consulting Services headquartered in Pane, India and soon will be in The United States. In terms of market research and consulting services, we give our customers more choices. We provide deep and transparent industry insights, syndicated search reports, customized search reports, and excellence in the services we consult.

Contact Us:

Frank n Raf Market Research LLP

401 – ‘A’ Wing, Amar Synergy,

Sadhu Vaswani Chowk, Pune Station,

Pune – 411014

Maharashtra, India

Phone: +1 347-321-6773

E-mail: [email protected]

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