San Francisco, 19 December 2018, Fixed-wing Air Ambulance Service Market
Analysis Report By Service (Medical Escort Service, Medical Evacuation &
Repatriation), By Service Model, By Region, And Segment Forecasts, 2018 - 2025
The global fixed-wingair ambulance service market size is expected to reach USD 2.00
billion by 2025, expanding at a 9.4% CAGR during the forecast period, according
to a new report by Grand View Research, Inc. Growing prevalence of chronic
health conditions, such as cardiac disorders, that require immediate medical
response is expected to favorably influence the market over the forecast
period.
Emergency medical services use
fixed-wing or rotary-wing aircraft to transport patients to-and-from healthcare
facilities. Fixed-wing air ambulance serves to be a safe, reliable, and quick
way of transporting patients. These ambulances offer enhanced services as
compared to road ambulances by avoiding challenges of traffic and inability to
reach remote locations. Hence, they have emerged as an effective medium for
patient transport in case of emergencies.
These ambulances are used to
transport patients over long distances and for repatriation. Rising demand for
emergency medical transport and Emergency Medical Services (EMS) has driven
investments in the market. Government initiatives directed at public healthcare
reforms have been a key factor in promoting investments in the sector, thus,
fostering industry growth.
Demand for fixed-wing air
ambulances services is expected to increase on account of growing spending
capacity of people in developing countries. Initiatives undertaken by insurance
companies to include air ambulance services in their coverage is also vital in
promoting market growth.
Increasing demand for these
services has led international providers to collaborate with healthcare
providers in developing countries to expand their global footprint. Service
providers are also collaborating with various local organizations to offer
access to air ambulances for employees traveling abroad. Collaboration with
government organizations is also gaining momentum. For instance, in India, The
Municipal Corporation of Mumbai is in process of offering these services across
Mumbai and few other metro cities in India.
The market has witnessed the
emergence of publicly funded and charity based services. These operators have
been vital in providing medical support to patients who need emergency medical
assistance and in situations of natural disasters.
Access Full Research
Report On Fixed-Wing Air Ambulance Service Market Analysis:
www.grandviewresearch.com/industry-analysis/fixed-wing-air-ambulance-service-market
www.grandviewresearch.com/industry-analysis/fixed-wing-air-ambulance-service-market
Further key findings from the report suggest:
·
Service providers in the market
have been partnering with third-party medical escort services to offer
assistance to patients onboard. The segment is projected to exhibit a CAGR of
10.5% over the forecast period
·
On the basis of service model,
the community based model is estimated to witness a CAGR of 9.6% over the
forecast period, emerging as the fastest growing segment
·
Consumers of air ambulance
services are urging providers to be affiliated with government bodies and
insurance providers for increasing affordability. This has led several
insurance providers to enlist them in their insurance coverage
·
The Asia Pacific market is
expected to witness the fastest growth, can be attributed to increased
healthcare spending in the recent past. The market is estimated to register a
12.5% CAGR during the forecast period
·
Leading industry participants
include American Medical Response (AMR) and FAI rent-a-jet AG.
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Grand View Research At: www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the
global fixed-wing air ambulance service market on the basis of service, service
model, and region:
Fixed-Wing Air Ambulance
Service Outlook (Revenue, USD Million, 2014 - 2025)
·
Medical Evacuation and
Repatriation
·
Medical Escort Service
Fixed-Wing Air Ambulance
Service Model Outlook (Revenue, USD Million, 2014 - 2025)
·
Community-based
·
Hospital-based
Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
France
o
Germany
o
U.K.
·
Asia Pacific
o
Australia
o
China
o
Hong Kong
o
India
o
Indonesia
o
Japan
o
Philippines
o
Malaysia
o
Singapore
o
Thailand
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
Saudi Arabia
o
South Africa
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www.grandviewresearch.com/press-release/global-fixed-wing-air-ambulance-service-market
www.grandviewresearch.com/press-release/global-fixed-wing-air-ambulance-service-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
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