19-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Air Ambulance Market By Type (Fixed-wing airplane and Rotatory Wings or Helicopter) and By Application (Transport Application, Aid Application, Doctor’s Attendance, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Air Ambulance market in 2019 was approximately USD 6,800 Million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 7,200 Million by 2026.
An air ambulance is used to transport sick or injured people when territory or distances makes it impossible to use a conventional ground ambulance. The type of air ambulance consists of rotor-wing aircraft as well as fixed-wing. Application of air ambulance includes aid application as well as transport. These air ambulances are necessary to carry patients between states as well as countries.
Browse the full “Air Ambulance Market By Type (Fixed-wing airplane and Rotatory Wings or Helicopter) and By Application (Transport Application, Aid Application, Doctor’s Attendance, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/air-ambulance-market-by-type-fixed-wing-airplane-844
In addition, rising awareness regarding the advantages of air ambulances in the medical sector has been propelling the target market growth. Moreover, government initiatives coupled with the rise in investments in medical sectors by several key players have been fuelling the target market growth as well. Furthermore, many companies are concentrating on developing several skills, increasing productivity, and enhancing the abilities of their employees. This also has been fueling the target market growth. However, limited availability coupled with high cost coupled is expected to harm the target market growth. Nevertheless, augmented spending on air ambulance by the organization is anticipated to create lucrative growth opportunities for the target market growth.
In terms of type, the target market is categorized as fixed-wing airplanes and rotatory wings. Among these, the rotatory wings category is anticipated to dominate the type segment. Rotor wing air ambulances can land almost anywhere. They are utilized as substitutes for ground ambulances.
In terms of application, the target market is categorized as transport application, aid application, doctor’s attendance, and others. Among these categories, the transport application is the leading one. Air ambulance is generally used to transport patients in cases such as emergency care, organ transplantation, chronic disorder, and many more.
In terms of region, the target market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, North America is anticipated to dominate the target market over the forecast period. The providers of air ambulance in North America are concentrating on offering numerous advanced technology solutions to consumers. Also, rising investments by key players coupled with awareness among large multinational corporations (MNCs) has been propelling the target market growth as well.
Some of the key players operating in the target market are PHI Air Medical, Air Methods, Rega, DRF, REVA, Inc., MED FLIGHT, Capital Air Ambulance, Yorkshire Air Ambulance, Scandinavian Air Ambulance, Lifeguard Ambulance Service Llc, FAI Flight Ambulance, and Others.
This report segments the Air Ambulance market as follows:
Global Air Ambulance Market: By Type Segmentation Analysis
- Fixed-wing airplane
- Rotatory Wings or Helicopter
Global Air Ambulance Market: By Application Segmentation Analysis
- Transport Application
- Aid Application
- Doctor’s Attendance
Global Air Ambulance Market: Regional Segmentation Analysis
- North America
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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