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.
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.
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Air Ambulance Service Market:
Further key
findings from the report suggest:
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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
- U.S.
- Canada
- Europe
- France
- Germany
- U.K.
- Asia Pacific
- Australia
- China
- Hong Kong
- India
- Indonesia
- Japan
- Philippines
- Malaysia
- Singapore
- Thailand
- Latin America
- Brazil
- Mexico
- MEA
- Saudi Arabia
- South Africa
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.
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