The Latin America, Middle East and Africa Air Ambulance Services Market would witness market growth of 12.4% CAGR during the forecast period (2021-2027).
During medical emergencies, air ambulance services are commonly employed. Patients or their family members have to suffer hefty prices if these services are taken in emergency situations. Therefore, patients are helped by various reimbursement policies in order to recover the costs and cut down this burden. Companies like Medicaid and Medicare are providing different types of reimbursement services according to the needs of a person. In addition to it, air ambulance coverage is included in most of the medical insurance guidelines and employee benefit plans.
Rotary-wing air ambulance services are used by the hospital in order to transport the medical team to the location of patients and then take them back to the hospital. Eurocopter AS350, EC135, BK117, EC145, Bell 206, 429, and 407, and EC130, Sikorsky S-76, and Augusta Westland 149 and 109 are some of the typical helicopters used for air ambulance services. In addition to it, REVA Inc.; PHI; AirMed International; Scandinavian Air Ambulance; and Native American Air Ambulance are some of the leading market players of the global air ambulance services market.
The Rotary-wing market dominated the UAE Air Ambulance Services Market by Type in 2020, thereby, achieving a market value of $136.8 Million by 2027, growing at a CAGR of 11.6 % during the forecast period. The Fixed-wing market is expected to witness a CAGR of 12.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Air Ambulance Services Market is Predict to reach $12.1 Billion by 2027, at a CAGR of 11.4%
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.
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