Air Ambulance Service Market Qualitative Analysis Of The Leading Players And Competitive Industry Scenario till 2030

global air ambulance service market size was USD 5.50 Billion in 2021 and is expected to register a revenue CAGR of 10.5% during the forecast period

NEW YORK CITY, NY, UNITED STATES, July 29, 2022 /EINPresswire.com/ -- The Global Air Ambulance Service Market size is expected to reach USD 13.15 Billion in 2030 and register a revenue CAGR of 10.5% over the forecast period, according to latest report by Reports and Data. Rising incidence of trauma, stroke, and heart attack is expected to drive market revenue growth during the forecast period. Air ambulance services are increasingly being implemented to transfer patients suffering from stroke, heart attack, or any traumatic incident who require time-sensitive therapy in a critical care facility. In many situations of trauma, stroke, and heart attack, time-sensitive medical or surgical intervention is essential, such as quick restoration of blood flow to the brain with the help of an emergency Intravenous (IV) Injection of recombinant tissue plasminogen activator, or an endovascular procedure for treating ischemic stroke, which can be efficiently provided through air ambulance services at various locations. There are significant opportunities for development of air ambulance services across the world, due to rising incidence of trauma, stroke, and heart attack.

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However, increasing costs of air medical services and reimbursement issues may hinder market revenue growth to some extent. Costs of air ambulance services are much higher than those of land ambulance services. Though coverage for air ambulance services is available in the United States from government and commercial health insurance, reimbursement rates are extremely low when compared to the billing of air health practitioners. Medicare and Medicaid cover around 60% and 34% of average air medical transport costs, leaving patients with significant out-of-pocket expenses in many circumstances

Market Overview:

The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.

Key Players covered in this report are

• Air Methods Corporation,
• Acadian Companies,
• Global Medical Response, Inc.,
• Petroleum Helicopters International (PHI), Inc.,
• Express Aviation Services LLC,
• Air Charter Service, REVA, Inc.,
• Babcock International Group PLC,
• European Air Ambulance
• Gulf Helicopters.
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By Service Operator Outlook
• Hospital Based
• Independent
• Government
By Service Type Outlook
• Medical Service
• Government Service
• Community Service
By Aircraft Type Outlook
• Fixed Wing
• Rotary Wing
By Application Outlook
• Inter-Facility
• Rescue Helicopter Service
• Organ Transplant Logistics
• Others

Based on Region market is segmented into:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Major Points covered in this report are as below:

• The Air Ambulance Service industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Air Ambulance Service Market report provides key statistics on the market status of the Air Ambulance Service manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Tushar Rajput
Reports and Data
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