Air Ambulance Services
The Air Ambulance Services industry experienced significant growth through much of the 2000s, spurred by a favorable economy and a stable private and governmental health insurance environment; the Great Recession then caused a drop in demand, as the number of individuals with private health insurance, a key revenue source, declined. Since then, economic conditions have improved and the number of the insured individuals has grown, causing the market for air ambulance services to expand. Nevertheless, as the regulatory landscape of health insurance has evolved, operators have faced new opportunities and obstacles. During the five years to 2021, favorable demographic trends, including the aging US population, will ultimately bolster industry demand, as the elderly are more likely to need emergency medical transport and specialist services provided by this industry.
This industry provides air transportation and critical care services to patients. These services are often provided during a medical emergency, but they are not restricted to emergencies. The vehicles are equipped with lifesaving equipment operated by medically trained personnel.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.