Report : Asia Pacific Helicopter Emergency Medical Services Market Forecast to 2031 - Regional Analysis- Helicopter Type (Light Helicopter and Medium & Heavy Helicopter), Application (Medical Aid and Transportation), and End Use (Commercial and Government & Emergency Response)
At 10.6% CAGR, Asia Pacific Helicopter Emergency Medical Services Market is Projected to be Worth US$ 3,084.34 Million by 2031, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific helicopter emergency medical services market was valued at US$ 1,382.08 million in 2023 and is expected to reach US$ 3,084.34 million by 2031, registering a CAGR of 10.6% from 2023 to 2031. Rising prevalence of chronic diseases and air ambulance cover in health insurance policies are among the critical factors attributed to drive the Asia Pacific helicopter emergency medical services market growth.
The growing occurrence of chronic diseases among the geriatric population, women of reproductive age, and children is driving the demand for proper healthcare facilities that consist of helicopter emergency medical services for transportation to hospitals or immediate medical support. Care centers and rehabilitation centers are offering chronic disease management services. In chronic care management services, patients can select premium facilities such as helicopter ambulance services to reduce travel time to hospitals. In addition, with the help of emergency helicopter medical services, patients also get immediate medical support, which increases the chances of lifesaving. Helicopters used for medical services are sometimes equipped with basic to advanced medical support systems or devices, and they bring doctors or caregivers to the patient who needs immediate attention.
As per the survey conducted by the Institute for Health Metrics and Evaluation, the global diabetes prevalence rate was ~6.1% in 2023, making diabetes one of the major causes of disability and death. Further, approximately 17.9 million people deceased from cardiovascular diseases in 2019, representing ~32% of all global mortalities. Out of these deaths, ~85% were due to stroke or heart attack, as per the study presented by the World Health Organization. There has been a growth in heart attack casualties over the past few years. In March 2023, the Union Government of India stated that the number of cases of cancer is anticipated to rise over the next years. As per the Indian Council of Medical Research-National Cancer Registry Programme, the cancer cases in the country are estimated to grow from 1.46 million in 2022 to 1.57 million in 2025. Thus, the increase in cases of chronic diseases, specifically in the aged population, is anticipated to boost the demand for emergency helicopter medical services at the global level. Customers residing in remote locations, where hospitals and care centers are not nearby, adopt emergency helicopter medical services for transportation and immediate medical aid. In 2024, India is anticipated to launch its first Helicopter Emergency Medical Service (HEMS) in Uttarakhand. The HEMS will be stationed at AIIMS in Rishikesh and will airlift patients within a 150 km radius of the medical facility. Thus, the growing prevalence of chronic diseases worldwide is a major driver for the helicopter emergency medical services market.
On the flip side, problems with payment and expense of air medical services hampers the growth of Asia Pacific helicopter emergency medical services market .
Based on helicopter type, the Asia Pacific helicopter emergency medical services market is bifurcated into light helicopter and medium & heavy helicopter. The light helicopter segment held 73.1% market share in 2023, amassing US$ 1,010.10 million. It is projected to garner US$ 2,338.43 million by 2031 to register 11.1% CAGR during 2023–2031.
In terms of application, the Asia Pacific helicopter emergency medical services market is divided into medical aid and transportation. The transportation segment held 62.0% share of Asia Pacific helicopter emergency medical services market in 2023, amassing US$ 857.22 million. It is anticipated to garner US$ 1,846.04 million by 2031 to expand at 10.1% CAGR during 2023–2031.
By end use, the Asia Pacific helicopter emergency medical services market is segmented into commercial and government & emergency response. The commercial segment held 74.1% share of Asia Pacific helicopter emergency medical services market in 2023, amassing US$ 1,024.05 million. It is anticipated to garner US$ 2,362.43 million by 2031 to expand at 11.0% CAGR during 2023–2031.
Based on country, the Asia Pacific helicopter emergency medical services market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 32.7% share of Asia Pacific helicopter emergency medical services market in 2023. It was assessed at US$ 451.42 million in 2023 and is likely to hit US$ 952.36 million by 2031, registering a CAGR of 9.8% during 2023–2031.
Key players operating in the Asia Pacific helicopter emergency medical services market are Babcock International Group Plc; CareFlight; Global Medical Response, Inc.; HeliService International GmbH; and TOHOKU AIR SERVICE, INC., among others.
- March 2023, Ambulance Victoria (AV) has extended its contract with Babcock to continue providing air ambulance operations to support paramedics in providing Best Care to patients across Victoria, Australia.
- The five-year extension of the existing arrangement for the Air Ambulance helicopter fleet, valued at more than $370 million, will come into effect from 1 January 2026. This partnership helps us provide the highest level of care for every patient, no matter where they are located across the state.
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