The rise in the investments to develop telecommunication networks and advancements such as online booking of ambulance services are driving the demand for the UAE air ambulance market in the forecast period, 2023-2027.
According to TechSci Research report, “UAE Air Ambulance Market By Region, Competition Forecast & Opportunities, 2027”, the UAE air ambulance market is expected to witness impressive growth in 2023-2027. The surge in chronic diseases like cardiovascular diseases, diabetes, and cancer in the country and the growing geriatric population are the primary drivers for the UAE air ambulance market. The booming healthcare industry and rise in the number of accidents further accelerate market growth. Also, the launch of online platforms by the market players to book air ambulance services is expected to support the demand for air ambulance services in the forecast period. The Air ambulance is a special type of aircraft which is designed especially for emergencies to perform medical services where land-based medical services are unable to reach immediately. Air ambulance consists of helicopters and aircraft, and these are equipped with medical facilities and equipment to provide services at difficult-to-reach positions such as a hilltop. They travel faster than the traditional on-road ambulance services. Also, air ambulance services can be used to transfer the patients to the nearest healthcare facility, which increases the living chances of affected individuals.
However, the high cost of air ambulance services and instant unavailability of the air ambulance services may restrain the UAE air ambulance market growth in the forecast period.
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The UAE air ambulance market is segmented into type, ownership, service, regional distribution, and company.
Based on type, the market is divided into fixed-wing v/s rotary-wing. The rotary-wing segment is expected to hold the largest market share in the forecast period. The rotary-wing term is generally used for helicopters, and the advantages offered them are quick response time and cost-effectiveness. Helicopters can land anywhere with low fuel capacity and a short operating range. These are required in emergencies where medical attention is immediately required. The advantages offered by the rotary-wing air ambulance type are expected to accelerate the segment demand in the forecast period.
Based on ownership, the market is divided into hospital-based v/s community-based. The hospital-based ownership segment dominates the market and is expected to maintain its dominance throughout the forecast period. In this arrangement, hospitals partner with aviation service providers and provide medical teams along with critical care equipment. Hospitals are working on their expansion and investing significant amounts in treating a larger group of patients. The rise in the number of public and private hospitals in the country is expected to act as a positive factor for the air ambulance market in the forecast period.
Based on service, the market is bifurcated into domestic v/s international. International services are expected to account for a significant market share in the forecast period. The government is encouraging the entry of foreign service providers to improve the country’s economy and the quality of healthcare services provided to patients. The air ambulances provided by international market players are equipped with all the latest technologies and medical equipment, which is one of the major reasons for their high demand among the patients who require emergency services.
Major market players operating in the UAE air ambulance market are:
- Human Care Worldwide
- Bluedot Air Ambulance, Inc.
- Panchmukhi Air & Train Ambulance Services Pvt. Ltd.
- Lakshya Rescue Ambulance Service Pvt. Ltd.
- Universal Medical Transfer Services
- Gulf Global Repatriations Air Ambulance Funeral Consultancy Services Middle East
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“The government of UAE is focusing on the development of tourism and making it one of the major revenues generating industries for the country. The travel & tourism industry contributed nearly AED 180.4 billion to the GDP, which is equivalent to 11.6% of the total GDP of the country. With the growth of the tourism industry, the number of tourists visiting the UAE is increasing at a rapid rate. The rise in the efforts by the government authorities to develop the healthcare industry to increase the safety of tourist lives is expected to fuel the demand for air ambulance services in the coming years. Also, the emergence of virtual hospitals, rise in the number of market players, and use of novel technologies such as artificial intelligence and smart devices to provide better care to patients are expected to propel the growth of the UAE air ambulance market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Air Ambulance Market By Type (Fixed-Wing v/s Rotary-Wing), By Ownership (Air Ambulance-Based v/s Community-Based), By Service (Domestic v/s International), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of UAE 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 UAE air ambulance market.
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