Saudi Arabia air ambulance market is
bound to experience impressive growth with anticipated CAGR in the forecast
period, 2023-2027, on account of increasing demand for
efficient air travel for medical purposes. The increasing number of market
players providing medical tourism and air ambulances are effectively driving
the growth of the Saudi Arabia air ambulance market in the upcoming five years.
Moreover, increasing instances of trauma, stroke, and cardiovascular diseases
are also anticipated to support the growth of the Saudi Arabia air ambulance
market in the next five years.
The advancing healthcare industry in the country
is substantiating the growth of the market in the future five years of the
forecast. Additionally, the air ambulances available in the current market are
completely incorporated with the latest technologically advanced medical
devices that are portable and require bae minimum operatives. The surging
number of emergency responders in the air ambulances is further aiding the
growth of the Saudi Arabia air ambulance market in the forecast period.
Air ambulances are the aircraft,
airbuses, and helicopters that are installed with the medical devices and
supplies required for the transportation of the patient from one healthcare
unit or home to another healthcare unit, most probable hospitals for the better
healthcare facilities or simply for the transportation of the patient.
Expanding medical tourism for foreign nationals as well as the country’s
citizen to visit abroad for medical attention is highly responsible for the
growth of the Saudi Arabia air ambulances market in the forecast years until
2027.
The Saudi Arabia air ambulance market is
segmented by type, ownership, service, regional distribution, and competitional
analysis. Based on type, the market is further divided between fixed-wing and
rotary-wing air ambulances. Rotary wing air ambulances are
anticipated to hold the largest revenue shares of the market and dominate the
market segment in the upcoming five years on account of ease
of accessibility. Rotary wing air ambulances are the helicopters that are
incorporated with all the emergency and transport necessary medical devices,
equipment, patient bed, and supplies such that these ambulances can be
comfortably landed on a broad rooftop or wide enough parking lots for the
emergency transfer of the patient.
Moreover, the increasing development of
helicopters by key manufacturers dedicated to providing healthcare services is
expected to substantiate the future growth of the Saudi Arabia air ambulance
market in the next five years. The fixed-wing air ambulances are expected to
register significant growth in the upcoming five years on account of the wide
range of services provided by fixed-wing aircraft and airbuses such as
aero-medical transportation, medical escort services, repatriation, and
critical care patient transfer.
A partial list of market players in the
Saudi Arabia air ambulance market includes Saudi Air
Ambulance (Saudi Red Crescent Authority), Fakeeh International, Alpha Star Air
Ambulance, Air Ambulance Worldwide, Inc., Plures Air, Global Air Rescue,
Human Care Air Ambulance, IAS Medical, among others. These market players hold
larger shares of the market than the other market players. With the evolving
technology, it is appropriate to say that the effective research and
development of technologically advanced instruments and methods to satisfy
consumer demands would support the market growth and benefit the market players
as well as the consumers. New market players may focus on the research and
development to provide such products and services that satisfy the consumer
demand as well as benefits the market players in building their brand value.
Other competitive strategies include mergers & acquisitions and new product
developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Saudi Arabia air ambulance market from 2017 to 2020.
- To
estimate and forecast the market size of Saudi Arabia air ambulance market
from 2021 to 2027 and growth rate until 2027.
- To classify and
forecast Saudi Arabia air ambulance market based on type, ownership,
service, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Saudi Arabia air ambulance
market.
- To
identify drivers and challenges for Saudi Arabia air ambulance market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Saudi Arabia air ambulance market.
- To identify and analyze the profile
of leading players operating in Saudi Arabia air ambulance market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia air ambulance market.
Click here to download the sample
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia air ambulance market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Air ambulance manufacturers, end users, and other stakeholders
- Distributors and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to air ambulance
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Attribute
|
Details
|
Base Year
|
2021
|
Historical Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
|
·
Type
·
Ownership
·
Service
|
Regional scope
|
Northern
& Central; Southern; Eastern; Western
|
Key companies profiled
|
Saudi Air Ambulance (Saudi Red Crescent Authority), Fakeeh
International, Alpha Star Air Ambulance, Air Ambulance Worldwide, Inc.,
Plures Air, Global Air Rescue, Human Care Air Ambulance, IAS Medical.
|
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, Saudi Arabia air ambulance market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Air Ambulance Market,
By Type:
o Fixed Wing
o Rotary Wing
- Saudi Arabia Air Ambulance Market,
By Ownership:
- Hospital Based
- Community Based
- Saudi Arabia Air Ambulance Market,
By Service:
- Saudi Arabia Air Ambulance Market,
By Region:
- Northern & Central
- Southern
- Eastern
- Western
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia air ambulance 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).
Saudi Arabia Air ambulance
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]