SEATTLE, Jan. 23, 2020 /PRNewswire/ -- According to Coherent Market Insights, the global air ambulance services market is estimated to be valued at US$ 4,524.7 million in 2019, and is expected to exhibit a CAGR of 9.3% over the forecast period (2019-2027).
Key Trends and Analysis of the Global Air Ambulance Services Market:
Key trends in market include increasing strategic initiatives undertaken by key players such as collaborations, service portfolio expansion, and partnerships with business firms, sports, and entertainment events. For instance, in February 2017, American Medical Response, Inc., (AMR) is a medical transportation company entered into partnership with National Association for Stock Car Auto Racing (NASCAR) tournaments. This initiative is expected to help the company to attain organic growth as well as gain publicity in the global market.
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Moreover in February 2018, Air Medical Group Holdings announced about addition of 21 longstanding airbus helicopters to its fleet for air medical transport missions.
Furthermore, in May 2017, Air Med launched its first helicopter base in Silsbee, Texas. It is a twin engine, single pilot IFR EC135 with night vision goggle facility to provide air ambulance services in Texas.
Some key players operating in the market are focusing on geographical expansion, in order to increase their market presence. For instance in February 2019, Mercy Air, a division of Air Methods, announced opening of Mercy Air 66, a new base that will provide air medical services to the Barstow community. The new base will be located at the former site of the Barstow Community Hospital, U.S.
Furthermore, key players operating in the market are focused on adopting acquisition and collaboration strategies, in order to expand their service offerings in markets. For in May 2018, LifeSave K?Pono, a critical care air ambulance company, acquired AMR's Air Ambulance Operations in Hawaii. Also known as AirMD, LLC d/b/a LifeTeam, LifeSave has worked in partnership with AMR on Hawaii operations since 2013. With this acquisition LifeSave expanded its air ambulance services in Hilo, Honolulu, and Maui, which helps them to increase their market share in the global market.
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Key Market Takeaways:
Key players operating in the global air ambulance services market include
Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance, Air Ambulance Specialists, Air Charter Service, Envision Healthcare Companies, Falck Danmark A/S, AMR Air Ambulance, AirMed International, and Express Aviation Services.
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Market Segmentation:
Insights on similar topics:
Ambulance Equipment Market:
Rising number of ambulance services is the major factor augmenting growth of the ambulance equipment market. As ambulances equipped with advanced medical facilities, including devices used in emergencies, provide immediate medical care to the patient until he/she reaches the nearest hospital. Moreover, ambulances have trained medical crew onboard to treat patients in emergency situations en route to the hospital.
Read more @ https://www.coherentmarketinsights.com/market-insight/ambulance-equipment-market-1979
Ambulance Drone Market:
Drones hold the potential to transform the delivery of healthcare services. Drones can be especially useful in emergency situations. Applications include dropping of emergency equipment and medicines, conducting search and rescue operations, responding to natural disasters, collection of blood and tissue samples, and reaching out to remote locations for medical help.
Read more @ https://www.coherentmarketinsights.com/ongoing-insight/ambulance-drone-market-39
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