Indian Air Ambulance Services Market 2021-2027
Indian Air Ambulance Services Market Size, Share &Trends Analysis Report by Type (Rotary-wing and Fixed-wing), by Service Operator (Hospital-based, Independent, and Community), and by Application (Inter-facility, Rescue Helicopter, and Organ Transplant Logistics) Forecast Period (2021-2027)
The Indian air ambulance services market is anticipated to grow at a substantial CAGR of 6.0% during the forecast period. The community operators are the major driver of the Indian air ambulance services market. They get funds from huge corporate organizations to provide their services in remote areas where medical facilities are not well developed. The stringent government regulations will restrain the market growth of the Indian air ambulance market. In April 2020, the government of India had announced that medical evacuation will not be permitted without getting permission from district authorities of departure and destination locations.
The second wave of COVID-19 had generated an opportunity for the air ambulance services market of India. The Indian navy had converted an all-weather chopper into an air ambulance to support the nation against the fight with the COVID-19. They had installed a medical intensive care unit on-board Advanced Light Helicopter (ALH) Mk-III from INAS 323 at INS Hansa by Hindustan Aeronautics Ltd
The Indian air ambulance services market is segmented based on type, service operator, and application. Based on the type, the market is segmented into rotary-wing and fixed-wing. Based on the service operator, the market is segmented into hospital-based, independent, and community. Based on the application, the market is segmented into inter-facility, rescue helicopter, and organ transplant logistics.
The major companies serving the Indian air ambulance services market include Accretion Aviation, Air Charter Services Pvt. Ltd., Apollo Hospital Enterprise, Ltd., Air Rescuers, Flaps Aviation Pvt. Ltd., Medanta Group, Vedanta Air Ambulance, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers &acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, International Critical Air Transfer Team and Kyathi had jointly launched air ambulance services in India in September 2020.
The market study of the Indian air ambulance services market is incorporated by extensive primary and secondary research conducted by the research team at OMR Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market
Whitepapers, research papers, and news blogs
Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Indian Air Ambulance Services Market Research and Analysis by Type
Indian Air Ambulance Services Market Research and Analysis by Service Operator
Indian Air Ambulance Services Market Research and Analysis by Application
The Report Covers
Comprehensive research methodology of the Indian air ambulance services market
This report also includes a detailed and extensive market overview with key analyst insights
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations
Analysis of regional regulations and other government policies impacting the Indian air ambulance services market
Insights about market determinants that are stimulating the Indian air ambulance services market
Detailed and extensive market segments with the regional distribution of forecasted revenues
Extensive profiles and recent developments of market players