Air ambulance service is a capital intensive business, which increases entry barriers for new entrants in the market. Moreover, the advent of ambulance drones will also impact demand for air ambulance in future. The high cost of availing the air ambulance service in comparison to a cheaper ambulance drone would be restrain market growth of air ambulance to a major extent.
In terms of number of players, there are various small players operating with a small fleet of planes across the globe. Some of the major players in the global air ambulance services market are Air Methods Corporation, Deccan Charters, Scandinavian Air Ambulance, Air Ambulance Specialists, Air Charter Service, and Air Methods.
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Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to rampant growth of efficient and on-the-time delivery air ambulance services market size. Air ambulance services refer to transport or evacuation facilities provided to patients in emergency situations at the accident site, home, or hospital. Air ambulances are equipped with advanced medical facilities, including devices used in emergencies, to provide immediate medical carei to the patient until he/she reaches the nearest hospital. Moreover, air ambulances have trained medical crew onboard to treat patients in emergency situations en route to the hospital. Air ambulance efficiently addresses the issue of long travel time and inadequate reach to remote areas faced in road ambulance service. Air ambulance services have thus become an essential component of the modern healthcare system.
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