The global Air Ambulance Services Market is estimated to be valued at US$ 6399.13 Mn in 2023 and is expected to exhibit a CAGR of 9.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Air ambulance services provide emergency transportation for patients in critical medical condition via planes or helicopters from remote areas to advanced healthcare facilities. They help save lives of critical patients by providing timely access to emergency medical care.
Market key trends:
Growing adoption of robotics in air ambulance services is one of the key trends witnessed in the market. Robotic technologies such as drones for medical supply delivery and robot-assisted telepresence technology are being integrated with air ambulances. They help provide critical patient care during transportation even in remote areas with limited access to healthcare facilities. Drones assist in quick delivery of medical supplies like blood, drugs and diagnostic samples during emergencies. Telepresence technology enables virtual presence of doctors, who can remotely monitor and provide assistance to paramedic staff attending patients onboard air ambulances. This greatly enhances quality of emergency medical care for critical patients.
Segment Analysis
The global air ambulance services market is segmented by type, service, equipment, vehicle type, and region. Based on type, the market is categorized into fixed-wing and rotary-wing. The rotary-wing segment is expected to dominate the market during the forecast period. Rotary-wing air ambulances have higher maneuverability and do not require a runway for take-off and landing, making them suitable for missions within cities and air ambulance services for trauma cases involving accidents.
Key Takeaways
The global air ambulance services market size is expected to reach US$ 6399.13 Mn by 2030, expanding at a CAGR of 9.4% over the forecast period. The increasing incidence of chronic diseases and trauma cases globally is expected to drive the demand for air ambulance services.
Regional analysis: North America dominates the global market, with the highest market share. This is attributed to the presence of established market players and higher healthcare infrastructure in countries like the US and Canada. Asia Pacific is expected to witness the fastest growth over the forecast period due to growing awareness about air ambulances and increasing healthcare expenditure in emerging economies like China and India.
Key players analysis: Key players operating in the air ambulance services market include Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance, Air Ambulance Specialists, Air Charter Service, Envision Healthcare Companies, Falck Danmark A/S, AMR Air Ambulance, AirMed International, Express Aviation Services, and ALPHASTAR. Market leaders like Air Methods Corporation hold a significant market share due to their large fleet of aircraft and international operations.
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https://healthcarelatesteditionnews.blogspot.com/2023/12/robotics-is-fastest-growing-segment.html
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