Saudi Arabia Air Ambulance Market to Grow Due to Technological Advancement until 2026
Growing medical tourism is driving the growth of Saudi
Arabia Air Ambulance Market, in the forecast period, 2022-2026.
According to TechSci report on, “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”, Saudi
Arabia air ambulance market has shown promising growth in
historical years until 2019 and is expected to continue its growth in upcoming
forecast years 2021 to 2026. Saudi Arabia air ambulance market owes its growth
to the factors like improving healthcare facility in the country along with the
expanding medical tourism sector. 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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