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Amit Patil 2019-04-18
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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.

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.

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.

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Amit Patil 2019-04-18
img

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.

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.

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.