Fix wing Air Ambulance Service Market to Witness Increase in Revenues by 2018 – 2022


Posted July 11, 2019 by simpune

The term fix wing air ambulance service can be Emergency medical services, in which fixed-wing or rotary-wing aircraft are used to transport patients to-and-from healthcare facilities.

 
Market Overview:
The term fix wing air ambulance service can be Emergency medical services, in which fixed-wing or rotary-wing aircraft are used 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. These ambulances are used to transport patients over long distances and for repatriation. Global Fix wing Air Ambulance Service Market is expected to grow in the forecasted period, in 2017 market size of the Fix wing Air Ambulance Service was USD 975.8 million and in 2022 is expected to rise with growing CAGR of 9.6%.

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Market Dynamics:
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. Also, 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.

Market Players:
American Medical Response (AMR); Hope Medflight Asia Pte Ltd; Reva, Inc.; and FAI rent-a-jet AG and other are some of the prominent players in the Fix wing Air Ambulance Service Market.

Market Segmentation:
The Fix wing Air Ambulance Service market is classified by service model, service and region. On the basis of service, the market is segmented into medical evacuation and repatriation and medical escort service

Further, based on service model the market is classified into community-based
and hospital-based.

On the basis of region the market is classified into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. North America region shows higher market attractiveness index and is considered to be the most lucrative region for the global Fix wing Air Ambulance Service equipment market due to 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.

Market segmented on the basis of service:
• Medical Evacuation and Repatriation
• Medical Escort Service

Market segmented on the basis of service model:
• Community-based

• Hospital-based

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Market segmented on the basis of region:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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Issued By Sebin Sebastian
Country India
Categories Automotive
Last Updated July 11, 2019