Air Ambulance Services Market Size Poised To Reach USD 11.2 Billion By 2028
San Francisco, 10 May 2021: The Report Air Ambulance Services Market Size, Share & Trends Analysis Report By Type (Rotary-wing, Fixed-wing), By Service Model (Hospital-based, Community-based), By Region, And Segment Forecasts, 2021 - 2028 The global air ambulance services market size is expected to reach USD 11.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.0% from 2021 to 2028. The increasing number of accidents, the impact of COVID-19, and technological advancements are the key driving factors for the market. Air ambulance services are used generally in case of medical emergencies. Patients or their family members have to bear high costs in case the services are availed in dire situations. Thus, reimbursement plans help patients recover costs and reduce this burden. Many companies offer reimbursement for the services such as Medicare and Medicaid. Moreover, the majority of the medical insurance guid