With rising per capita healthcare expenditures and an increase in the number of sophisticated hospitals and ER visits, the worldwide air ambulance services industry is growing at a rapid pace. The global air ambulance services market is expected to reach USD 9.50 billion by 2027, with a compound annual growth rate (CAGR) of 9.98 percent from 2020 to 2027. North America led the market in 2018, followed by Europe and Asia-Pacific, in that order.
Drivers
With the rise in the occurrence of numerous chronic conditions, Air Ambulance Services were projected to be in high demand. The Air Ambulance Services Market has been pushed by significant technology improvements in the field of air ambulance services.
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