Air ambulance service is an advanced and sophisticated medical service which uses air transportation such as airplane and helicopters. It is the most effective and vital mode of transportation in case of a medical emergency at the hospital, accident site, and home. It helps to shift critical patients to hospitals as they consume less time to travel. It comprises of trained medical staff and is equipped with medical treatment facilities used in emergencies to treat patients and provide immediate medical care in the emergency. It is effective in serving people in war-torn areas and those affected by natural disasters.

The global air ambulance market is growing at a significant rate, due to the mounting occurrence of chronic and infectious diseases and access to remote areas. Different type of aircraft such as helicopter, airplane, and seaplane contributed to the air ambulance market size. The market has witnessed high demand for helicopter due to its ease in landing and taking off from a smaller ground area, and it facilitates wider reach in remote areas.

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The upsurge in a number of service providers, mounting spending capability of people, and mounting occurrence of chronic and infectious diseases such as cardiac diseases are the primary growth drivers for air ambulance market.

Moreover, advancement in healthcare technology and escalating patient inclination towards efficient and faster mode of delivery is also fueling the growth of the market. For instance, it is widely used on the warfront to rescue injured soldiers and offer emergency medical care to them.

Access to remote areas, expanding the geriatric population, and advanced onboard medical treatment is also facilitating the growth for the air ambulance market.

Geographically, North America is the largest air ambulance market due to expanding the geriatric population, established infrastructure, and technological advancement. In addition, the mounting occurrence of chronic and infectious diseases, favorable reimbursement policies, occurrence of an enormous fleet of air ambulance service, and escalating patient inclination towards efficient and faster mode of delivery are also up surging growth of the North American air ambulance market.

Key players in the air ambulance market are catering the demand by collaborating with small players and investing in technologically advanced products across the globe. In April 2017, Air Medical Group Holdings, Inc. (AMGH), to acquire Air Medical Resource Group (AMRG) of South Jordan in order to increase critical care aircraft and improve its presence in other geographies. Native American Air Ambulance, Air Medical Group Holdings (AMGH) Inc., Express AirMed Transport, PHI Air Medical, IAS Medical, and REVA Air Ambulance are the key players offering air ambulance.

Source: VynZ Research