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January 24, 2018

Air Ambulance Services Market To Register A CAGR Of 9.3% Globally By 2025

Forecast From Million Insights Says Increase In Chronic Diseases Will Contribute To The Expansion

The market size for global air ambulance services was worth $3.7 billion in 2016 which is anticipated to grow at a CAGR (Compound Annual Growth Rate) of more than 9.3% during the forecast period. The factors contributing to the growth of the market are increasing the prevalence of chronic diseases, for instance, cardiac disorders which need an emergency medical response, accessibility of reimbursement policies, rising per capita healthcare expenditure and improvement of medical infrastructure in entertainment & sports industry.

Average Flight Hours In Fourth Quarter 2017 Were The Highest On Record For This Period

Jet Support Services has released the JSSI Business Aviation Index for the fourth quarter of 2017. The index, which tracks utilization of approximately 2,000 business aircraft worldwide, reports average flight hours in the fourth quarter of 2017 to be at the highest levels in a decade.