Asia Pacific Helicopter Emergency Medical Services Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Analysis- Helicopter Type (Light Helicopter and Medium & Heavy Helicopter), Application (Medical Aid and Transportation), and End Use (Commercial and Government & Emergency Response)


No. of Pages: 75    |    Report Code: BMIRE00031112    |    Category: Aerospace and Defense

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Asia Pacific Helicopter Emergency Medical Services Market

The Asia Pacific helicopter emergency medical services market was valued at US$ 1,382.08 million in 2023 and is projected to reach US$ 3,084.34 million by 2031; it is anticipated to register a CAGR of 10.6% from 2023 to 2031.

Air Ambulance Cover in Health Insurance Policies Boosts Asia Pacific Helicopter Emergency Medical Services Market

The growing consumer awareness of the advanced healthcare facilities offered by hospitals and care centers is pushing health insurance companies to cover air ambulance facilities in the policy coverage. The inclusion of air ambulance facilities in the insurance policy is providing growth opportunities for helicopter emergency medical services at the global level. Helicopter ambulances are medically well-equipped with ventilators, ECG machines, required medical equipment, and healthcare professionals on board. This confirms that the patient receives their treatment within the best feasible time. However, advanced medical equipment and expert medical professionals, adding up to the expense of helicopter maintenance, make the helicopter ambulance charges quite expensive. While it is an important factor in critical needs, its expenditure becomes a financial burden on the patient.

An air ambulance cover offers financial coverage for the expenditure encountered in opting for an air ambulance in times of requirement. Many insurers offer air ambulance coverage in their health insurance policies. A few others provide it as an add-on service that can be obtained separately from the health insurance policy. However, the coverage and its features may differ across various insurance service providers. Reduced time for long-distance travel, well-equipped facilities to address critical patients, and safe and comfortable transport of patients are among the major attributes of helicopter emergency medical services. Digit General Insurance, HDFC ERGO, TATA AIG, and Aditya Birla are a few insurance companies that offer air ambulance services. The increasing number of health insurance companies covering air ambulance services in health insurance policies is expected to offer opportunities for the helicopter emergency medical services market during the forecast period.

Asia Pacific Helicopter Emergency Medical Services Market Overview

In Asia Pacific, there is an increase in the aging population and a rise in the prevalence of chronic diseases. For instance, in March 2023, the Union Government of India stated that the number of cancer cases is anticipated to rise over the next years. Per the Indian Council of Medical Research-National Cancer Registry Programme, the number of cancer cases in the country is estimated to grow from 1.46 million in 2022 to 1.57 million in 2025. With the growing awareness and increasing focus on well-being and health-related concerns, the majority of the population in Asia Pacific is increasing their spending on medical and healthcare-related services, including better treatment facilities, multi-specialty hospitals, advanced medical equipment and devices, and patient pick-up and drop services using helicopter ambulance services. All these factors drive the helicopter emergency medical services market in Asia Pacific.

Asia Pacific Helicopter Emergency Medical Services Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Helicopter Emergency Medical Services Market Revenue and Forecast to 2031 (US$ Million)
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Asia Pacific Helicopter Emergency Medical Services Strategic Insights

Strategic insights for the Asia Pacific Helicopter Emergency Medical Services provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Helicopter Emergency Medical Services Report Scope

Report Attribute Details
Market size in 2023 US$ 1,382.08 Million
Market Size by 2031 US$ 3,084.34 Million
Global CAGR (2023 - 2031) 10.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Helicopter Type
  • Light Helicopter
  • Medium & Heavy Helicopter
By Application
  • Medical Aid
  • Transportation
By End Use
  • Commercial
  • Government & Emergency Response
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Babcock International Group Plc
  • CareFlight
  • Global Medical Response, Inc.
  • HeliService International GmbH
  • TOHOKU AIR SERVICE, INC.
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    Asia Pacific Helicopter Emergency Medical Services Regional Insights

    The geographic scope of the Asia Pacific Helicopter Emergency Medical Services refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Helicopter Emergency Medical Services Market Segmentation 

    The Asia Pacific helicopter emergency medical services market is categorized into helicopter type, application, end use, and country.

    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 a larger market share in 2023.

    By application, the Asia Pacific helicopter emergency medical services market is divided into medical aid and transportation. The transportation segment held a larger market share in 2023.  

    In the terms of end use, the Asia Pacific helicopter emergency medical services market is bifurcated into commercial and government & emergency response. The commercial segment held a larger market share in 2023. 

    By country, the Asia Pacific helicopter emergency medical services market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific helicopter emergency medical services market share in 2023.

    Babcock International Group Plc; CareFlight; Global Medical Response, Inc.; HeliService International GmbH; and TOHOKU AIR SERVICE, INC. are some of the leading companies operating in the Asia Pacific helicopter emergency medical services market.

    The List of Companies - Asia Pacific Helicopter Emergency Medical Services Market

    • Babcock International Group Plc
    • CareFlight
    • Global Medical Response, Inc.
    • HeliService International GmbH
    • TOHOKU AIR SERVICE, INC.
    Frequently Asked Questions
    How big is the Asia Pacific Helicopter Emergency Medical Services Market?

    The Asia Pacific Helicopter Emergency Medical Services Market is valued at US$ 1,382.08 Million in 2023, it is projected to reach US$ 3,084.34 Million by 2031.

    What is the CAGR for Asia Pacific Helicopter Emergency Medical Services Market by (2023 - 2031)?

    As per our report Asia Pacific Helicopter Emergency Medical Services Market, the market size is valued at US$ 1,382.08 Million in 2023, projecting it to reach US$ 3,084.34 Million by 2031. This translates to a CAGR of approximately 10.6% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Helicopter Emergency Medical Services Market report typically cover these key segments-

  • Helicopter Type (Light Helicopter, Medium & Heavy Helicopter)
  • Application (Medical Aid, Transportation)
  • End Use (Commercial, Government & Emergency Response)
  • What is the historic period, base year, and forecast period taken for Asia Pacific Helicopter Emergency Medical Services Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Helicopter Emergency Medical Services Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
  • Who are the major players in Asia Pacific Helicopter Emergency Medical Services Market?

    The Asia Pacific Helicopter Emergency Medical Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Babcock International Group Plc
  • CareFlight
  • Global Medical Response, Inc.
  • HeliService International GmbH
  • TOHOKU AIR SERVICE, INC.
  • Who should buy this report?

    The Asia Pacific Helicopter Emergency Medical Services Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Helicopter Emergency Medical Services Market value chain can benefit from the information contained in a comprehensive market report.