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COVID-19: Global Air Ambulance Market 2020-2024 | Increasing Prevalence of Infectious Diseases to Boost Market Growth | Technavio

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Technavio has been monitoring the air ambulance market and it is poised to grow by USD 4.27 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have At Par impact on the air ambulance market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.

Frequently Asked Questions-

  • What are the major trends in the market?
  • Emergence of advanced onboard medical treatment is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 10%, the incremental growth of the market is anticipated to be USD 4.27 billion.
  • Who are the top players in the market?
  • Air Ambulance Worldwide, Air Methods Corp., Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., IAS Medical Ltd., KKR & Co. Inc., Luxembourg Air Rescue Asbl, PHI Inc., and REVA Inc. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Increasing prevalence of infectious diseases is one of the major factors driving the market. However, the high air ambulance service charges restraints the market growth.
  • How big is the North America market?
  • The North America region will contribute 49% of market growth.

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View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Air Ambulance Worldwide, Air Methods Corp., Augsburg Air Ambulance, Babcock International Group Plc, EMSOS Medical Pvt. Ltd., IAS Medical Ltd., KKR & Co. Inc., Luxembourg Air Rescue Asbl, PHI Inc., and REVA Inc. are some of the major market participants. The increasing prevalence of infectious diseases will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this air ambulance market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Air Ambulance Market 2020-2024: Segmentation

Air Ambulance Market is segmented as below:

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Service
    • Hospital-based Service
    • Community-based Service
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43344

Air Ambulance Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The air ambulance market report covers the following areas:

  • Air Ambulance Market Size
  • Air Ambulance Market Trends
  • Air Ambulance Market Analysis

This study identifies emergence of advanced onboard medical treatment as one of the prime reasons driving the air ambulance market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Air Ambulance Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist air ambulance market growth during the next five years
  • Estimation of the air ambulance market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the air ambulance market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air ambulance market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Service

  • Market segments
  • Comparison by Service
  • Hospital-based service – Market size and forecast 2019-2024
  • Community-based service – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Service

Market Segmentation by aircraft type

  • Market segments
  • Comparison by aircraft type
  • Rotary-wing aircraft – Market size and forecast 2019-2024
  • Fixed-wing aircraft – Market size and forecast 2019-2024
  • Market opportunity by aircraft type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers “ Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Air Ambulance Worldwide
  • Air Methods Corp.
  • Augsburg Air Ambulance
  • Babcock International Group Plc
  • EMSOS Medical Pvt. Ltd.
  • IAS Medical Ltd.
  • KKR & Co. Inc.
  • Luxembourg Air Rescue Asbl
  • PHI Inc.
  • REVA Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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Ericsson ConsumerLab Report: Digital Technologies to Augment Singapore’s Transportation Infrastructure

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  • 43 percent of Savvy Commuters feel that they receive plenty of mental space when commuting
  • 40% of Singaporeans feel that their city infrastructure is becoming more strained every year
  • Technology expected to play an instrumental role in enhancing commuter experience

SINGAPORE – Media OutReach – 26 November 2020 – Ericsson‘s latest ConsumerLab report explores commuter behavior both before and during the COVID-19 crisis, reflecting consumers’ opinions and habits that could be used to offer a more satisfactory commuting experience in the increasingly digital and connected world of tomorrow.

 

Commuting in Singapore has been affected by the COVID-19 crisis with measures during this unprecedented time influencing changes in consumer mobility patterns and future expectations. Consumers are demanding more from their devices, mobile connectivity, and vehicles during their daily commute to wrap up their work or partake in social and recreational activities while commuting. The Augmenting the Daily Commute report surveyed 16,000 commuters in 16 cities, including 1,000 from Singapore who used different transport modes, including ride and car sharing services.

 

Mental space for a positive commuting experience

The report explores how the most satisfied commuters — a group Ericsson has named “Savvy Commuters” — see their commute as more than just time spent moving from one point to another. Savvy Commuters actively create positive conditions for their trips, using it to free up time for the rest of the day and turning it into an experience worth having.

 

A crucial criterion for a positive experience is the feeling of having enough physical and mental space. Physical space is dependent on the transport mode but mental space can be recreated through digital engagement. In Singapore, 43 percent of Savvy Commuters feel that they receive plenty of mental space during their commute, an additional 42 percent shared that they have sufficient personal space when commuting. This group immerse themselves in different digital experiences to create a sense of space, with 54 percent of them relying on their smartphones and 46 percent using headphones to achieve this purpose.

 

Commuters are concerned about the city’s mobility infrastructure

Mass transportation remains the most common form of transportation mode by Singaporeans (56 percent), with 37 percent doing so with their personal cars. Key motivations cited for using the current mode of transport are its convenience (58 percent), cost (45 percent) and time efficiency (46 percent). When it comes to time spent on commuting, majority of Singaporeans spend less than 90 minutes commuting a day (64 percent), while 36 percent spend 90 minutes and more. Unsurprisingly, reducing time spent on commuting is a key priority for most respondents (over 70 percent) compared to having control of their arrival time with a longer commute (almost 30 percent).   

 

Despite being one of the few cities in the study with greatest use of mass transport modes, more than 60 percent of respondents in Singapore have a negative perception of the city’s transportation system. 39 percent of respondents feel the growing strain in the city’s mobility infrastructure,  while 25 percent believe that it is reaching a saturation point and is working over the intended capacity.

 

Safety tops the list of conceptual mobility services

Testing and analyzing 16 mobility concepts across three categories of “Safety and Assistance”, “Entertainment”, and “Convenience”, Ericsson found that consumers are most interested in services and features that enhance safety and reduce stress in demanding situations. Majority of respondents show high interest in enhanced assisted driving features supported by connectivity, where information is collected from vehicles and sensors regarding hazards beyond the horizon.

 

Half of the respondents from Singapore are highly interested in safety features that send alerts when a driver is not paying attention to a danger ahead, alerting both the driver and other road users. This is backed by their willingness to pay a premium for safety services and features such as distracted driver detection (35 percent) and see through cars powered by 5G (32 percent).

 

When it comes to entertainment and convenience, 37 percent voiced high interest for augmented reality windows on trains and buses. Nearly one third look forward to seeing some form of in-seat Augmented Reality (AR) passenger entertainment, while 34 percent have stated their preference for mood personalization experiences. 39 percent of respondents are also highly interested in continual in-vehicle connectivity that offers alternative route suggestions from the vehicle to avoid call drops or lags along the way to boost their productivity.

 

“5G technology will play an instrumental role in delivering an enhanced commuter experience, alongside the safety, efficiency and sustainability of urban transportation in the years to come. Through our continuous investments, partnerships and innovation, we aim to deliver the best connectivity experience for commuters across the different modes of transportation,” said Martin Wiktorin, Head of Ericsson Singapore, Brunei and Philippines “We can take inspiration by understanding what consumers value during their daily commute and drive positive changes to deliver satisfaction and enhance the commuting experience as more people head back to work.”

 

The report also includes highlights around commuter expectations on the future of mobility in Singapore such as:

  • 61 percent believe that shared mobility services will be used more than today in 5 years’ time, with the main reason being to reduce congestion.
  • Among the sixteen conceptual mobility services, most Singaporeans expect entertainment services to take the longest to enter the market, with augmented reality maps expected to roll out only in the next 4.5 years.
  • Globally, 60 percent respondents believe autonomous vehicles will completely revolutionize the commuting experience within the next 10 years. This figure rises to 72 percent in Singapore with consumers indicating that new automotive companies will lead the autonomous vehicle revolution. Interestingly, Singapore consumers (38 percent) are revealed to rely much more heavily on government authorities to lead the deployment of autonomous driving compared to other countries in Asia Pacific, with only 25 percent of the region expecting government authorities to do so.

 

ABOUT THE STUDY:

This study is representative of the opinions of 130 million smartphone users globally. The data were gathered through online interviews with 16,000 people between ages 15 – 69 years-old from Bangkok, Berlin, Delhi, Dubai, Jakarta, London, Los Angeles, New York, Paris, São Paulo, Seoul, Shanghai, Singapore, Stockholm, Sydney and Tokyo. Of which 1,000 users are based in Singapore. In addition to the consumer interviews, expert interviews were conducted with senior executives from telecom operators, mobility service providers and vehicle manufacturers between March and April 2020 to gain a perspective on industry sentiments around the future of mobility for consumers.


ABOUT ERICSSON:

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of telephony and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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DHL sends healthcare supplies for World Health Organization to the Pacific Islands

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  • Tourism-dependent islands badly impacted by more than 90% decline in passenger flights
  • Supplementary COVID-19 supplies moved through Singapore and Fiji to reach the Pacific islands

SINGAPORE – Media OutReach – 26 November 2020 – The far flung islands in the Pacific have not been spared the brunt of COVID-19. The World Health Organization has been working tirelessly to ensure much-needed supplies and healthcare equipment reach the shores of these islands. While the number of cases has been relatively small, many of these countries, which are heavily dependent on tourism, have been impacted by the dramatic cuts in passenger flights, resulting in a logistical challenge to send in basic supplies on a regular basis.

[View Image]

Image taken prior to Covid-19

 

This week, the World Health Organization coordinated its latest cargo donation through DHL Global Forwarding (“DHL”), the freight specialist of Deutsche Post DHL Group, to support the islands’ fight against COVID-19. The shipments, worth over EUR 650,000 contained medical devices such as oxygen concentrator sets, patient monitors and pulse oximeters, were airfreighted from Singapore to Fiji, where they will be dispatched to eight islands in the Pacific. The Pacific Islands, which had previously managed to avoid large outbreaks, experienced a recent spike in COVID-19 infections that doubled its total number of cases.

 

Due to the shortage of air capacity with passenger flights reduced by more than 90%, the freight had to be broken down into three tranches, sent some two weeks apart. DHL Global Forwarding organized the first shipment from Singapore to Fiji on 22 October, and will be stored till the last shipment arrives on 19 November. From Fiji, special flights or shipping lines were then organized into eight markets, Cook Islands, Kiribati, Nauru, Niue, Solomon Islands, Tokelau, Tuvalu and Tonga, to ensure they reached their destination.

 

“Ensuring that the Pacific Island countries have access to the necessary medical equipment and supplies to prepare for and respond to COVID-19 is a priority for the World Health Organization. But reaching such remote places, especially when so many airports are closed, is a huge logistical challenge. WHO is happy to be working with our partners like DHL to be able to make this happen.” said Dr Takeshi Kasai, WHO Regional Director for the Western Pacific.

 

The medical devices, which will be sent to hospitals and other healthcare institutions, will aid local medical professionals in treating COVID-19 patients.

 

“Whilst the Pacific Islands’ geographic distance from densely populated countries had helped them avert major outbreaks during the pandemic, it has equally worked against them in acquiring much-needed supplies due to the scarcity of air freight capacity. As one of the few global logistics players in the Islands and one with a geographic footprint as wide as ours, we are glad to be able to play a part in delivering the medical equipment and living up to our purpose of ‘Connecting People, Improving Lives,” said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.

 

More than ever before, the criticality of logistics networks have been demonstrated in the battle to get much needed supplies to countries that need it the most. Since the start of the year, DHL Global Forwarding tapped on its network of life science and healthcare facilities, temperature-controlled solutions and customs clearance expertise to fly more than 1.3 million COVID-19 test kits from South Korea to Brazil, Ecuador, India, Lithuania, Poland, Russia and Saudi Arabia. The freight forwarder also launched a dedicated 100-ton weekly air freight service for organizations and governments shipping health and medical-related items and other goods from China to Middle East and Africa.

 

Note to editors:

Vaccine logistics for Covid-19 will pose challenges along the supply chain that must be jointly addressed by governments, NGOs, pharmaceutical companies, and logistics players urgently. Find out what lessons Covid-19 has taught on securing stable supply chains for future emergencies and the complexities in distributing the vaccine across the globe.


DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

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Sunlight Real Estate Investment Trust Issued HK$300 Million Five-year Medium Term Notes

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HONG KONG SAR – Media OutReach – 26 November 2020 – Henderson Sunlight Asset Management Limited (the “Manager“) is pleased to announce that Sunlight Real Estate Investment Trust (“Sunlight REIT“) has completed its first HK$300 million five-year medium term notes (the “Notes“) today.  This successful inaugural Hong Kong dollar fixed-rate issuance marks a major milestone of Sunlight REIT, testifying to its credit quality amidst a challenging economic environment.

As part of the US$1,000,000,000 guaranteed medium term note programme which was reactivated in April this year, the Notes carry a tenor of five years and a coupon rate of 2.00%. CMB Wing Lung Bank Limited (“CMB Wing Lung“) and CMB International Capital Limited (“CMBI“) are the joint placing agents of the Notes.

Mr. Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, said, “We are delighted to have partnered with CMB Wing Lung and CMBI in launching this maiden medium term note issue of Sunlight REIT, with the competitive pricing of the Notes clearly demonstrating its strong capital market recognition. Similar to the Japanese yen 7,000 million sustainability-linked loan completed last month, this financing exercise once again illustrates the Manager’s commitment to diversifying Sunlight REIT’s sources of funding, while strengthening its exposure to fixed rate borrowing.”

Mr. Wilson He, Assistant General Manager of CMB Wing Lung, said, “We are truly grateful to have such opportunity to support Sunlight REIT’s issuance of the Notes and it is a move to further underpin our collaboration in the future.”

About Sunlight REIT

Sunlight REIT (Stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission and constituted by the trust deed dated 26 May 2006 (as amended and supplemented by six supplemental deeds) (the “Trust Deed“), and has been listed on The Stock Exchange of Hong Kong Limited on 21 December 2006. Sunlight REIT offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are primarily located in core business areas, including Wan Chai and Sheung Wan, as well as in decentralized business areas such as Mong Kok and North Point. The key retail properties are situated in regional transportation hubs and new towns including Sheung Shui, Tseung Kwan O and Yuen Long.

About the Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited (恒基兆業地產有限公司). Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.


Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.


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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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