According to a recent report released by ReportsnReports the international air ambulance market will grow at compound annual growth rate (CAGR) of 9.57% until the year 2019. Due to the fact that both domestic and international air ambulance services are literally bringing high-tech intensive care units to the patients, the demand is only going to increase. People suffering from ailments pertaining to the heart and lower respiratory tract are among the top beneficiaries. The advances in communication technology have also enabled these international air ambulances to provide precision services where time is of essence.
A Brief Look at the International Air Ambulance Market
International air ambulance services are usually in high demand in regions that see wide spread prevalence of infectious diseases. International air ambulances are also called in for help during natural disasters where quick evacuation is essential for survival. War-affected regions also demand air ambulances, although commercial aircrafts are hardly pressed into service in such circumstances. The US air ambulance services have increasingly been part of rescue in road accidents and other mishaps. Countries like the US, Canada, Australia and the UK have traditionally been huge markets for international air ambulance services; however, the market today is expanding to other countries.
India is emerging as a New International Air Ambulance Market
Air ambulance service providers such as EMSOS, Falck, and Air Ambulance World have already entered the Indian market. Moreover, the Indian state of Madhya Pradesh has recently announced that the economically weaker sections will get free air ambulance services. This opens new doors for international air ambulance service providers to enter the country. The initiative is set to takeoff by March of this year.
The report has also delineated the key players in the international air ambulance market. It has named REVA Air Ambulance, Air Methods Corp, and Scandinavian AirAmbulance among other names. The report is available for $2500 for single use and $4000 for corporate use.