Saudi Arabia Air Ambulance Market to Grow Due to Technological Advancement until 2026 | TechSci Research
Growing medical tourism is driving the growth of Saudi Arabia Air Ambulance Market, in the forecast period, 2022-2026.
Rapidly increasing number of the road accidents and worsening conditions of cardiovascular diseases is supporting the growth of the Saudi Arabia air ambulance market in the upcoming five years. Air ambulance transport systems facilitates faster travel and provides on-time, well-organized passages for the patients in cases of critical medical emergencies. Moreover, cardiac ailments like heart attacks and other health concerns like brain stroke, are some of the medical situations where the patient requires immediate attention, and air ambulances solve the purpose thereby supporting the growth of the Saudi Arabia air ambulance market in the next five years.
Air ambulances are the aircrafts, 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 probably hospitals for the better healthcare facilities or simply for the transportation of the patient. Expanding medical tourism for the foreign nationals as well as country’s citizen to visit abroad for the medical attention is highly responsible for the growth of the Saudi Arabia air ambulances market in the forecast years until 2026.
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The Saudi Arabia air ambulance market is segmented by type, ownership, service, regional distribution, and competitional analysis. Based on ownership, the market is further bifurcated between hospital based and community based.
Based on type, the market is further divided between fixed wing and rotary wing air ambulances. Rotary wing air ambulances is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the 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, increasing development of the helicopters by key manufacturers dedicated to providing the 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 is expected to register a significant growth in the upcoming five years on the account of wide range of services provided by fixed wing aircrafts and airbuses such as aero-medical transportation, medical escort services, repatriation, and critical care patient transfer.
A partial list of market player 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 the 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 satisfies 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.
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“Air ambulance services are rapidly expanding in the Kingdome of Saudi Arabia with improving health care industry. The development of the airbuses, aircrafts, and helicopters incorporated with the medical supplies for the patient’s best possible healthcare during transportation is also substantiating the growth of the Saudi Arabia air ambulance market in the future. New market players involved with the manufacturing of air ambulances must invest in research and technological advancement such that advance medical devices are incorporated for the patient care. Collaborations with the hospitals and healthcare centers would help the brand building for the market players in future prospects of the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Air Ambulance Market By Type (Fixed Wing v/s Rotary Wing) By Ownership (Hospital Based v/s Community Based) By Service (Domestic v/s International) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia air ambulance market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia air ambulance market.
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