Air Ambulance Services
The Air Ambulance Services industry comprises air medical transports, including helicopters and fixed winged aircrafts specifically outfitted to transport ill or injured people. Transports in this industry are staffed with qualified medical personnel who provide comprehensive and emergency treatment. The industry experienced significant growth during most of the past decade, spurred by an overall healthy economy and a stable health insurance environment. However, the shifting regulatory environment has created a degree of uncertainty. For example, the Patient Protection and Affordable Care Act (PPACA) has expanded the total number of insured Americans. However, the extent of Medicare reimbursements remains unclear, and a number of states are seeking more accountability for the industry. Going forward, the Federal Aviation Administration is poised to implement additional safety regulations. A stricter regulatory environment will prove costly to the industry over the next five years, increasing operational costs and constraining profit margins.
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.
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