The Asia Pacific air ambulance services market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period (2021-2027). The occurrences of natural calamities are rapidly increasing in the Asia Pacific region due to climatic changes. According to the United Nations, Economic and Social Council, the slow-onset disasters in the region had caused the average annual loss of $675 billion in the Asia Pacific region. In 2018, more than half of 281 global natural disaster events were from the Asia Pacific alone. The severity of these disasters is increasing day by day with the increasing global warming. Such sudden disaster events require the need of rescue operations which requires the need of a huge number of rescue helicopters and air ambulances to reach impacted areas with the essential services. Floods are the major disaster that requires rescue helicopters. On 17th June 2021, two rescue helicopters were deployed in Bhutan to evacuate injured people from the flood. Such incidents are expected to drive the market of air ambulance services in the Asia Pacific in the near future. Additionally, the market players are contributing considerably to the market growth by adopting various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Type
- By Service Operator
- By Application
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