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Report
UAE 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, 2027
Market Report I 2023-02-01 I 71 Pages I TechSci Research
The UAE air ambulance market is anticipated to grow at a robust CAGR during the forecast period, 2023-2027. The market is primarily driven by increased incidences of chronic diseases among the people and the rapid adoption of advanced technologies by the healthcare industry to reach a wider set of people. Also, the surge in healthcare expenditure by public and private players and the rise in the efforts to make UAE a popular medical tourist destination is expected to create significant growth opportunities for the UAE air ambulance market in the forecast period.
Rise in Healthcare Expenditure Drives the Market Growth
An increase in the per capita healthcare expenditure by people and leading authorities improve the quality of the services offered to patients. The rise in the construction of private specialty hospitals and the growing penetration of healthcare services in remote locations fuel the demand for healthcare services during emergencies. The vast lands of UAE are covered in the desert, which creates the demand for air carriage facilities to reach difficult-to-reach places in minimal time. UAE is the most economically developed and diversified market in the Middle East region. It boasts world-class quality healthcare services. The healthcare industry is continuously working on expanding the healthcare industry to meet the demands of the growing population and fulfill the aim of becoming a regional medical tourism hub. In 2021, the government approved $15.8 billion (AED 58.3 billion) for public healthcare spending. UAE Vision 2040 has put the healthcare industry as a priority sector to ensure country development, making the leading authorities continuously develop the healthcare industry. The growing healthcare industry and expenditure are expected to boost the demand for the UAE air ambulance market in the forecast period.
Advancements in Technology Propel the Market Growth
The rise in high-end investments by the market players for advancements in air ambulance services and to upgrade the medical devices and equipment is expected to improve the services offered by the level of care offered to patients. They are equipped with critical healthcare equipment such as heart monitors, ventilators, and other equipment, making them capable of providing emergency healthcare services to patients. Also, the highly developed telecommunication system in the country eases the communication between the patient's location and the healthcare facilities. It allows the transfer of real-time patient data to healthcare facilities and helps doctors to prepare to deploy emergency services in advance. The developments in communication technology and medical equipment and devices are expected to influence the demand for air ambulance services in the country.
Increased Prevalence of Chronic Diseases Supports the High Market Demand
According to the World Health Organization, a third of adults suffer from obesity, and one out of five people have diabetes. Cardiovascular disease is among the most common disease and is fatal. It requires immediate medical attention, or it leads to loss of life. Air ambulance services are in high demand to transport patients suffering from a heart attack, stroke, or any traumatic accident as they are time-sensitive diseases and require immediate medical attention and the use of critical care equipment. The surge in the willingness to spend on quality healthcare services and the availability of quick ambulance services are expected to bolster the UAE air ambulance market demand over the next five years.
Market Segmentation
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. Based on ownership, the market is divided into hospital-based v/s community-based. Based on service, the market is bifurcated into domestic v/s international. To analyze the market based on the region, the UAE air ambulance market is studied in major regions namely Dubai, Abu Dhabi, Sharjah, and Rest of the UAE.
Market Players
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, are the major market players operating in the UAE air ambulance market.
Report Scope:
In this report, UAE air ambulance market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- UAE Air Ambulance Market, By Type:
o Fixed-Wing
o Rotary-Wing
- UAE Air Ambulance Market, By Ownership:
o Hospital-Based
o Community-Based
- UAE Air Ambulance Market, By Service:
o Domestic
o International
- UAE Air Ambulance Market, By Region:
o Dubai
o Abu Dhabi
o Sharjah
o Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE air ambulance market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on UAE Air Ambulance Market
4. Executive Summary
5. Voice of Customer
6. UAE Air Ambulance Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Fixed-Wing v/s Rotary-Wing)
6.2.2. By Ownership (Hospital-Based v/s Community-Based)
6.2.3. By Service (Domestic v/s International)
6.2.4. By Region
6.2.5. By Company (2021)
6.3. Product Market Map
7. UAE Hospital-Based Air Ambulance Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Service
8. UAE Community-Based Air Ambulance Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Service
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. UAE Economic Profile
13. Competitive Landscape
13.1. Human Care Worldwide
13.2. Bluedot Air Ambulance, Inc.
13.3. Panchmukhi Air & Train Ambulance Services Pvt. Ltd.
13.4. Lakshya Rescue Ambulance Service Pvt. Ltd.
13.5. Universal Medical Transfer Services
13.6. Gulf Global Repatriations Air Ambulance Funeral Consultancy Services Middle East
14. Strategic Recommendations
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