San Francisco, 17 December 2018: The Report 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-wing air 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.
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| Fixed-wing Air Ambulance Service Market |
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 Research Report of 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.
Browse more reports of this category by 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
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
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.

