Industry Background:
A drone is also known as an unmanned aerial vehicle (UAV) or unmanned aircraft systems (UASes), is a flying robot that can control remotely by using mobile phones or corresponding remote. Whereas, drones that are used for a medical purpose such drones called as ambulance drones. The ambulance drone has been designed to make availability of medical services in any medical emergency as it can occur anywhere and anytime. Rising government initiatives for promoting ambulance drone services is the major key driver for the market. For instance, Zipline and the Ghanaian government have announced new ambulance drone facilities for the people. Additionally, increasing demand for ambulance drones due to high delivery speed, low cost of the ambulance drone and high accuracy and increasing mass production of drone results in decreasing the prices have been supplementing overall growth of the market. However, lack of awareness about benefits associated with the drone for the medical purpose among end users and weight barriers and low power storage capacity in the ambulance drone is limiting the market. Moreover, Increasing Promotional Activities such as Advertisement and Promotional Events and increasing research and development activities by key established key players can overcome the challenges.This growth is primarily driven by Government Initiatives for Promoting Ambulance Drone Services, Increasing Demand for Ambulance Drones due to High Delivery Speed, Low Cost of Ambulance Drone and High Accuracy and High Accessible at any Place and any Time.
Globally, a noticeable market trend is evident Increasing Mass Production of Drone results in decreasing the Prices
. Major Players, such as Zipline Inc. (United States), Flirtey (United States), Matternet Inc. (United States), Cyberhawk (Scotland), Delair (France), HEMAV (Spain), PrecisionHawk (United States) and Measure (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On April 2019, Ghana has announced the launch of ambulance drone services in the United States. The services are embedded with more than 30 drones serving approximately 500 clinics within an 80-kilometer radius. This can create a better opportunity for the company as well as for the market.
Regulatory Insights:
There are various rules and regulation associated with the drone. For instance, according to the Netherlands Government, “A private drone must not weigh more than 25kg, not permitted to fly over crowds, permitted to fly over buildings or built-up areas, not permitted to fly in the vicinity of airports or other no-fly zones, always keep the drone in view, permitted to fly higher than 120 meters, either above the ground or over water, permitted to fly in the dark”
Market Drivers
- Government Initiatives for Promoting Ambulance Drone Services
- Increasing Demand for Ambulance Drones due to High Delivery Speed, Low Cost of Ambulance Drone and High Accuracy
- High Accessible at any Place and any Time
Market Trend
- Increasing Mass Production of Drone results in decreasing the Prices
- An Emergence of Ambulance Wing Drones in the Operating Market
Restraints
- Lack of Awareness about Benefits Associated with Drone for Medical Purpose among End Users
Opportunities
Increasing Promotional Activities such as Advertisement and Promotional Events by Key Established Key Players and Increasing Adoption of Ambulance Drones in an Emergency or Catastrophic Areas
Challenges
Weight Barriers and Low Power Storage Capacity in Ambulance Drone
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