As per the report published by Allied Market Research, the global air ambulance services market generated $5.23 billion in 2020, and is expected to reach $14.24 billion by 2030, registering a CAGR of 10.6% from 2021 to 2030.
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Rise in rates of trauma, stroke, and heart attacks supplemented demand for air medical services and rapid technological advancements in air ambulance services have boosted the growth of the global air ambulance services market. However, strict regulations for aviation licenses and high cost of air medical services & reimbursement challenges hinder the market growth. On the contrary, growth in urban air mobility platforms and untapped potential in the Asia-Pacific region would open new opportunities for the market players in the coming years.
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The key players profiled in the global air ambulance services market are Acadian Companies, Aeromedevac, Air Methods, Alpha Star, Babcock Scandinavian AirAmbulance, Gulf Helicopters, European Air Ambulance, Express Aviation Services, PHI Inc., and REVA Inc.
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The global air ambulance services market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America dominated in 2020, holding nearly two-fifths of the market. However, the market across the Asia-Pacific region is projected to showcase the highest CAGR of 13.7% during the forecast period.
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Key Benefits For Stakeholders
- This study presents analytical depiction of the global air ambulance services market analysis along with current trends and future estimations to depict imminent investment pockets.
- The overall air ambulance services market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global air ambulance services market with a detailed impact analysis.
- The current air ambulance services market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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