Fixed-wing Air Ambulance Service Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Fixed-wing Air Ambulance Service Market Worth $2.00 Billion By 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. 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
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