Need for time sensitive care boosts the growth of air ambulance market

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By: Research On Global Markets
 
MUMBAI, India - May 26, 2015 - PRLog -- The global air ambulance market is expected to grow at a CAGR of 9.57% during the forecast period of 2014-2019. The recent advancements in helicopters and fixed wing aircrafts manufacturing ensured more crew and patients safety while travelling further, boosting the growth of the market. Moreover, with the advancements in technology, the usability and effectiveness of air ambulance market has also improved to a great extent, enabling them to offer time-sensitive care, especially to patients suffering from chronic illnesses.

This report, Global Air Ambulance Market 2015-2019, covers the present scenario and the growth prospects of the global air ambulance market for the period 2015-2019. The market size is based on the medical services provided through air ambulances. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the global air ambulance market. In addition, the report discusses the major drivers that influence the growth of the market and also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Market overview

Air ambulance services are one of the most sophisticated and advanced medical service providers, especially for modern healthcare systems who seek to provide services like critical transport aid when and wherever needed. This form of medical transport system is designed to save lives, and especially to carry critical patients to healthcare facilities. The air ambulances are mostly used in war-torn regions, during natural disasters, outbursts of epidemics and road accidents where instant medical aid is required.

These air ambulances have been gaining considerable recognition in developed countries and developing countries as well. The key country that has recently seen a considerable growth for air ambulances is India. The air ambulance market in India has a number of key players including Falck, EMSOS, Saras Ambulance, Air Ambulance World, and Wheels India.

The reduced travel time to attend critically ill patients is one of the major drivers of this market. The air ambulances can reach critical patients in remote areas, war-torn areas and disaster prone areas in a time efficient manner. Helicopter medical services can even be accessed in remote areas such as mountains.

However, one of the major challenges to the air ambulance market is the classification of a medical situation that can be deemed as critical as it is highly subjective. Most of the time, the callers to a service provider describe an accident as critical, which may not be the case in medical terms, leading to unnecessary utilization of resources.

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