Report Description

India Air Ambulance Services Market is anticipated to witness an impressive growth during the forecast period on account of growing medical tourism in India. The emergence of India as a popular medical tourist destination due to the availability to world-class services at an affordable price is expected to create lucrative opportunities for the growth of India Ambulance Service Market for both inbound and outbound medical tourism. According to Ministry of Tourism, Bureau of Immigration, around 697,000 medical tourists visited India for availing different types of treatments in 2019. Furthermore, growing adoption of modern technologies and the implementation of swift technological developments in such services across the country.

According to Minister of State for Civil Aviation, India has only 49 air ambulance been operated by 19 operators. Out of these 49, Delhi has 39 air ambulances followed by Maharashtra with 5. Around 4,100 patients have availed air ambulance services in India in the last two-three years. Over the years people availing air ambulance services has significantly increased and this is expected to create huge prospects for market growth in the coming years.

Increasing Incidence of Chronic Diseases and Accidental Cases

The increasing prevalence of life-threatening diseases such as cancer, neurological disorders, cardiovascular diseases is expected to create lucrative opportunities for market growth during the forecast period. Also, the growing aging populations are more susceptible to different types of chronic diseases like stroke which will further boost the market growth over the years. The number of senior citizens suffering from cardiovascular disease across India is expected to reach around 19.1 million by 2050. Similarly, the rise in the adoption of commercial and personal vehicles has resulted in a high number of accidents across the country which creates a need for immediate hospital admission for medical treatment and support. This in turn enhances the demand for ambulance services and boosts the air ambulance services market during the forecast period. According to the Ministry of Road Transport & Highways (MORTH) of India, about 1.3 lakh people died due to road crashes, and 3.4 lakh people were injured in 2020. Also, the global pandemic has provided a significant demand for air ambulance services.

 

Advantages of Air Ambulance Services

Benefits associated with air ambulances such as adoption of advanced technologies such as using advanced ventilator systems and heart monitoring systems in the air ambulance services increase the chances of patients’ survival is expected to support the growth of India air ambulance services market. Additionally, air ambulances help in ensuring safe transportation of patients to the nearest hospital. Lack of healthcare infrastructure in rural areas, has made people travel to different cities for treatment which is expected to enhance the demand for air ambulance services over the years. Air ambulance services are available in rural areas on a need and availability basis. Odisha (India) Chief Minister unveiled an air health services program, marking a great development in the field of healthcare services. As a result, it became one of the first states to offer air ambulance services to the impoverished in the interior's rural districts.

Besides, there are times when patients are suffering in such unfavourable conditions that they can’t tolerate long road journeys to the hospitals which will boost the market growth during the forecast period. Advancements in medical crisis management such as advancements in communication and GPS tracking systems which will drive the India Air Ambulance Services Market growth during the forecast period.


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Market Segmentation

India Air Ambulance Services Market can be segmented by type, service provider, by service, and region. Based on Type, the market can be divided into Aeroplane, Helicopter. Based on Service providers, the market can be segmented into Hospital-Based, Independent Operators, Government/Non-Profit Organizations, Others. Based on Services, the market can be divided into Domestic v/s International.

 

Recent Developments:

In 2021, US-based helicopter transport services provider Blade's Indian subsidiary on Wednesday announced the launch of medical emergency services across the country, amid increasing demand for air ambulance services in the wake of the pandemic.

In November 2022, Vishjet India Pvt. Ltd. launched its operations in Chennai to provide air ambulance and charter services. U.S.-manufactured King Air C 90, which is a six-seater twin turboprop equipped for medical transfers and for executive charters. The next aircraft we will add to our fleet is Learjet 45 XR with a seating capacity of eight.

In March 2022, Aircraft-maker Airbus signed a memorandum of understanding (MoU) with Airlift Global, a company backed by UK-based AUM Capital, to develop a helicopter emergency medical service (HEMS) and associated air medical service in India. 


Market Players

Blade India, Accretion Aviation, Air Charter Services Pvt. Ltd., Apollo Hospital Enterprise, Ltd., Air Rescuers World Wide Pvt Ltd, Flaps Aviation Pvt. Ltd., Medanta Group, Vedanta Air Ambulance, AmbiPalm, EMSOS, StanPlus are some of the leading players operating in the India Air Ambulance Services Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Type

·         By Service Provider

·         By Service

·         By Region

Regional scope

South India; North India; West India; East India

Key companies profiled

Blade India, Accretion Aviation, Air Charter Services Pvt. Ltd., Apollo Hospital Enterprise, Ltd., Air Rescuers World Wide Pvt Ltd, Flaps Aviation Pvt. Ltd., Medanta Group, Vedanta Air Ambulance, AmbiPalm, EMSOS, StanPlus

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the India Air Ambulance Services market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Air Ambulance Services Market, By Type:

o      Aeroplane

o      Helicopter

·         India Air Ambulance Services Market, By Service Provider:

o      Hospital-Based

o      Independent Operators

o      Government/Non-Profit Organizations

o      Others

  • India Air Ambulance Services Market, By Services:

o      Domestic

o      International

·         India Air Ambulance Services Market, By Region:

o      South India

o      North India

o      West India

o      East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present India Air Ambulance Services Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Air Ambulance Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customers

5.    India Air Ambulance Services Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Aeroplane, Helicopter)

5.2.2.     By Service Provider (Hospital-Based, Independent Operators, Government/Non-Profit Organization, Others)

5.2.3.     By Service (Domestic v/s International)

5.2.4.     By Region

5.2.4.1.         By State (Top 3 States)

5.2.5.     By Company (FY2022)

5.3.  Product Market Map

6.    North India Air Ambulance Services Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Aeroplane, Helicopter)

6.2.2.     By Service Provider (Hospital-Based, Independent Operators, Government/Non-Profit Organization, Others)

6.2.3.     By Service (Domestic v/s International)

7.    West India Air Ambulance Services Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Aeroplane, Helicopter)

7.2.2.     By Service Provider (Hospital-Based, Independent Operators, Government/Non-Profit Organization, Others)

7.2.3.     By Service (Domestic v/s International)

8.    South India Air Ambulance Services Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Aeroplane, Helicopter)

8.2.2.     By Service Provider (Hospital-Based, Independent Operators, Government/Non-Profit Organization, Others)

8.2.3.     By Service (Domestic v/s International)

9.    East India Air Ambulance Services Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Aeroplane, Helicopter)

9.2.2.     By Service Provider (Hospital-Based, Independent Operators, Government/Non-Profit Organization, Others)

9.2.3.     By Service (Domestic v/s International)

10.  Market Dynamics

10.1.  Drivers

10.1.1 Growing Incidence of Chronic Diseases along with Accidental Cases.

10.1.2 Growing Demand for High-Equipped Ambulance Services.

10.1.3 Favorable Reimbursement Policies.

10.2.  Challenges

10.2.1 Strict Regulations for Aviation Licenses.

10.2.2 High Cost of Air Medical Services and Reimbursement Challenges.

11.  Market Trends & Developments

11.1 Recent Development

11.2 Mergers & Acquisitions

11.3 Product Launches

12.  Policy & Regulatory Landscape

13.  India Economic Profile

14.  India Air Ambulance Services Market: SWOT Analysis

15.  Porter’s Five Forces Analysis

15.1.              Competition in the Industry

15.2.              Potential of New Entrants

15.3.              Power of Suppliers

15.4.              Power of Customers

15.5.              Threat of Substitute Products

16.  Competitive Landscape

16.1.              Business Overview

16.2.              Product Offerings

16.3.              Recent Developments

16.4.              Financials (As Reported)

16.5.              Key Personnel

16.6.              SWOT Analysis

16.6.1    Blade India

16.6.2    Accretion Aviation

16.6.3    Air Charter Services Pvt. Ltd.

16.6.4    Apollo Hospital Enterprise, Ltd.

16.6.5    Air Rescuers World Wide Pvt Ltd

16.6.6    Flaps Aviation Pvt. Ltd.

16.6.7    Medanta Group

16.6.8    Vedanta Air Ambulance

16.6.9    AmbiPalm

16.6.10 EMSOS

16.6.11 StanPlus

Strategic Recommendations

Figures and Tables

Frequently asked questions

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The growing cases of chronic diseases or accidents, growing demand for high equipped ambulance services, among others are some of the major factors driving the growth of the India Air Ambulance Services market.

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Blade India, Accretion Aviation, Air Charter Services Pvt. Ltd., Apollo Hospital Enterprise, Ltd., Air Rescuers World Wide Pvt Ltd, Flaps Aviation Pvt. Ltd., Medanta Group, Vedanta Air Ambulance, AmbiPalm, EMSOS, StanPlus are some of the leading players operating in the India Air Ambulance Services Market.

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The Government/Non-Profit Organization is expected to dominate the India Air Ambulance Services market during the forecast period.

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North India is expected to hold the largest share of the India Air Ambulance Services Market. This can be ascribed to availability of the largest number of air ambulances with Delhi i.e., 39.

profile

Sakshi Bajaal

Business Consultant
Press Release

India Air Ambulance Services Market to be dominated by Helicopter Type through 2028

Dec, 2022

The increasing incidence of life-threatening diseases is expected to drive the growth of India’s Air Ambulance Services market in the forecast period, 2024-2028.