On the basis of
geography, the global air ambulance services market scenario can be segmented
into North America, Europe, Asia Pacific, Latin America and Rest of the World.
Developed infrastructure, defined regulatory framework and favorable
reimbursement policies are some of the factors contributing to the dominance of
the air ambulance services market in North America and Europe.
Developing countries
of Asia Pacific, Latina America and Middle East are expected to show swift
growth in the demand for air ambulance services. Factors such as rapidly
growing medical tourism, improving medical infrastructure, and increasing
disposable income are projected to boost growth of air ambulance services
market in these ambulanca service in bd.
Air ambulance service
providers in India such as Aviators Air Rescue, Aeromed, Innovation Aviation
Pvt Ltd, JetSetGo, Air Ambulance Aviation, and Medanta’s Flying Doctors are
collaborating with insurance providers to make the service affordable to all.
However, lack of infrastructure and inadequate number of aircraft is deterring
operators to meet demand for air ambulance in the country.
Some key global air ambulance services market drivers include
its ability to faster reach compared to road ambulance and onboard medical
assistance. Also, air ambulance services are widely utilized on the warfront to
rescue injured soldiers and provide emergency medical care to them.
Favorable reimbursement policies for air ambulance services are
propelling demand for air ambulance services among patients. Certain insurance
providers in Canada reimburse around 80% of the total service cost of air
ambulance. This reimbursement policy is applicable for patients who require
immediate hospitalization. This policy, however, excludes non-emergency
patients, thus increasing cost of this service for such patients. This is a
major air ambulanca service in bd.
Formulation of strict safety rules by the Federal Aviation
Administration (FAA) is one of the factors anticipated to reduce profit margins
of air ambulance service providers, which would also hinder the growth of air
ambulance services market revenue during the forecast period (2016–2024).