Asia Pacific Air Ambulance Services Market Size, Growth, Trends | Report 2023-2032
The Asia Pacific air ambulance services market was surpassed at USD 1.72 billion in 2022 and is expected to hit around USD 5.11 billion by 2032, growing at a CAGR of 11.51% from 2023 to 2032.
Key Pointers
| Report Coverage | Details |
| Market Size in 2022 | USD 1.72 billion |
| Revenue Forecast by 2032 | USD 5.11 billion |
| Growth rate from 2023 to 2032 | CAGR of 11.51% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Companies Covered | Accretion Aviation; Air Charter Services Pvt. Ltd; Apollo Hospital Enterprise, Ltd; Air Rescuers; Flaps Aviation Pvt. Ltd; Vedanta Air Ambulance; ICATT; Prime Air Ambulance.org; Horizon Air Ambulance |
The rising prevalence of chronic disorders, the increasing geriatric population, and technological advancements are major factors driving this market’s growth. Moreover, online booking of air ambulance services is creating a positive outlook for the market. Furthermore, increasing emergency healthcare expenditure, a rising number of hospitals providing air ambulance services, and enhancing medical facilities across the Asia Pacific are other factors supporting the market growth.
The increasing prevalence of chronic diseases such as diabetes, cardiac diseases, and cancer, amongst other chronic disorders has driven the demand for air ambulance services. Factors such as the adoption of unhealthy & sedentary lifestyles, obesity, alcohol & tobacco consumption, and physical inactivity are contributing to an upsurge in the prevalence of these diseases.
For instance, according to International Diabetes Federation (IDF), in 2021, around 90 million adults were suffering from diabetes in South East Asian countries. This number is estimated to increase to 113 million by 2030 & 152 million by 2045. In event of a medical emergency, air ambulances are a vital solution. They are equipped with medical equipment and staff that provides medical care in flight. The non-medical personnel help in transporting patients and organs. These services offer numerous benefits, such as convenience, safety, and flexibility. Thus, the advantages offered by air ambulances, coupled with the growing burden of chronic diseases, are boosting market growth.
Technological developments in air ambulance services are stimulating market growth. Air ambulances are fortified with innovative medical devices and accessories such as a heart monitor, defibrillator, and ventilator that offer preliminary emergency medical care to patients. The high-tech encroachments in communication systems in an air ambulance enable the transfer of real-time patients' health data to medical experts, letting doctors prepare for the emergency in advance.
In order to transfer people with medical conditions, air ambulances are being employed more and more frequently. The technology used by air ambulance services has advanced steadily over time. Patients have a better chance of surviving until they are brought safely to the closest hospital because of new technologies, including sophisticated ventilator systems and cardiac monitoring devices. Furthermore, modern communication technology enables the sending of real-time patient data to hospitals, enabling medical professionals to know exactly what needs to be done to rescue the patient.
Furthermore, an upsurge in per capita healthcare spending is likely to have a positive effect on the salaries of medical experts, treatment facilities, and hospital administration. It also helps decrease the cost of medical procedures and medications. Moreover, growth in per capita healthcare expenses might benefit in overcoming the challenge of a shortage of medical professionals and facilities. An escalation in the availability of these resources is projected to further propel the growth of the market.
Asia Pacific Air Ambulance Services Market Segmentations:
| By Type | By Model |
|
Rotary Wing Fixed Wing |
Hospital-based Community-based |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Asia Pacific Air Ambulance Services Market
5.1. COVID-19 Landscape: Asia Pacific Air Ambulance Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Asia Pacific Air Ambulance Services Market, By Type
8.1. Asia Pacific Air Ambulance Services Market, by Type, 2023-2032
8.1.1. Rotary Wing
8.1.1.1. Market Revenue and Forecast (2019-2032)
8.1.2. Fixed Wing
8.1.2.1. Market Revenue and Forecast (2019-2032)
Chapter 9. Asia Pacific Air Ambulance Services Market, By Model
9.1. Asia Pacific Air Ambulance Services Market, by Model, 2023-2032
9.1.1. Hospital-based
9.1.1.1. Market Revenue and Forecast (2019-2032)
9.1.2. Community-based
9.1.2.1. Market Revenue and Forecast (2019-2032)
Chapter 10. Asia Pacific Air Ambulance Services Market, Regional Estimates and Trend Forecast
10.1. APAC
10.1.1. Market Revenue and Forecast, by Type (2019-2012)
10.1.2. Market Revenue and Forecast, by Model (2019-2012)
10.1.3. India
10.1.1.1. Market Revenue and Forecast, by Type (2019-2012)
10.1.1.2. Market Revenue and Forecast, by Model (2019-2012)
10.1.4. China
10.1.4.1. Market Revenue and Forecast, by Type (2019-2012)
10.1.4.2. Market Revenue and Forecast, by Model (2019-2012)
10.1.5. Japan
10.1.5.1. Market Revenue and Forecast, by Type (2019-2012)
10.1.5.2. Market Revenue and Forecast, by Model (2019-2012)
10.1.6. Rest of APAC
10.1.6.1. Market Revenue and Forecast, by Type (2019-2012)
10.1.6.2. Market Revenue and Forecast, by Model (2019-2012)
Chapter 11. Company Profiles
11.1. Accretion Aviation
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Air Charter Services Pvt. Ltd
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Apollo Hospital Enterprise, Ltd
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Air Rescuers
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. Flaps Aviation Pvt. Ltd
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Vedanta Air Ambulance
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. ICATT
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Prime Air Ambulance.org
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Horizon Air Ambulance
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers