Air Medical Services Market Definition
Air medical service is a wide-ranging term covering the use of air transportation such as aeroplane or helicopter, to move patients to and from accident scenes and healthcare facilities. Staffs offer comprehensive prehospital, emergency, and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and jet aircraft or propeller aircraft. Air ambulances are equipped with medical equipment and staffed by medical professionals similar to traditional ground ambulances. Air ambulances are widely considered to have a beneficial impact on improving the chances of survival and recovery for both trauma victims and other patients in critical condition.
The market study is broken down by Type (Medical Evacuation and Casualty Evacuation), by Application (Civilian and Military) and major geographies with country level splits. According to AMA, the Global Air Medical Services market is expected to see growth rate of 2.98%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Air Medical Services market throughout the predicted period.
Air Methods (United States), American Medical Response, Inc. (United States), Air Medical Group Holdings (United States), Babcock International Group PLC (United Kingdom), CHC Helicopter (Canada), Era Group Inc. (United States), PHI, Inc. (United States), Advanced Air Ambulance (United States) and OMNI Aviation (Philippines) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Medical Air Service (Germany), Skyalta Air Ambulance (Canada), REVA Air Ambulance, Inc. (United States) and Acadian Air Med (United States).
AdvanceMarketAnalytics has segmented the market of Global Air Medical Services market by Type, Application and Region.
On the basis of geography, the market of Air Medical Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Air Ambulance Type, the sub-segment i.e. Helicopter will boost the Air Medical Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operator Type, the sub-segment i.e. Independent will boost the Air Medical Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 5 Nov. 2019, Air Methods, the leading air medical service provider, announced that the American Red Cross will supply blood and plasma for all its aircraft currently unaffiliated with a regional blood center or health system. The partnership affects 98 Air Methods bases nationwide. and On 4 July 2019, Babcock, a leading air medical service provider has announced to begin a contract for Fixed Wing Air Ambulance Services in Norway.
On 4 Feb 2019, Air Methods, a leading air medical service provider has expanded air medical services into Barstow, San Bernardino County., On 5 March 2019, Air Medical Group Holdings placed an order for 21 Airbus helicopters for air medical missions. and On 2 Aug 2019, Canadian-based air medical transport company Skyservice Air Ambulance has announced that it will be rebranding to SKYALTA.
- The Trend towards Helicopter Emergency Medical Services
- Growing Incidences of Heart Diseases Coupled With Trauma
- Rising Need for Emergency Medical Transportation
- Government Initiatives towards Air Medical Services
- The Emerging Demand from Developing Countries
- Low-Cost Air Medical Services
- Contract Opportunities with the Government Healthcare Programs
- A High Cost of Air Medical Services
Key Target AudienceAir Medical Service Providers, Helicopter Manufacturers, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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