North America Air Ambulance Services Market By Type (Rotary-wing and Fixed-wing), By Model (Community-based and Hospital-based), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
The North America Air Ambulance Services Market would witness market growth of 10.7% CAGR during the forecast period (2021-2027).
In the air ambulance services market, the term rotary-wing is commonly utilized for helicopters. Cost-efficiency and faster response time are the major benefits of helicopter-based air ambulance services. Helicopters serve patients in emergency situations particularly when a fast response time is required. Helicopters are a good substitute to ground ambulances as they can land at any place, such as roads, parks, cramped urban areas, fields, and paved areas. Though, they have a short operating range due to the low fuel capacity.
The region is home to the highest number of air ambulance service providers. Also, there is a high & easy availability of the infrastructure needed for air medical transportation. Moreover, the regional growth is boosted by the existence of favorable reimbursement regulations. Further, the growth of the regional market is fueled by the existence of an extremely developed healthcare infrastructure.
The USA market dominated the North America Fixed-wing Market by Country in 2020, and would continue to be a dominant market till 2027. The Canada market is experiencing a CAGR of 11.7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 26.1% during (2021 - 2027).
Based on Type, the market is segmented into Rotary-wing and Fixed-wing. Based on Model, the market is segmented into Community-based and Hospital-based. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Babcock International Group PLC (Scandinavian AirAmbulance), Acadian Ambulance Service, Inc. (Acadian Companies), Air Methods Corporation (ASP AMC Intermediate Holdings, Inc.), Reva, Inc., IAS Medical, Ltd., American Air Ambulance, PHI Group, Inc. (PHI AirMedical, LLC), Life Savers Ambulance Services, Express Air Medical Transport, LLC, and Lifeguard Air Ambulance Service LLC.
Scope of the Study
Market Segments covered in the Report:
By Type
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