Life Flight Network

Jun 21, 2023

Segments of the State of Oregon Ambulance Service Market The report has divided the market into various segments based on mode of transportation, service type, and operating type. Mode of Transportation: Ground Ambulance Sub-Segment to be Most Lucrative The ground ambulance sub-segment held the highest market share in 2021. This is mainly because the ground ambulance vehicle is equipped, maintained, and used to transport patients to the required destination such as a resource hospital. Moreover, the ground ambulance service is cost-effective, accessible, and always available for any life-threatening emergencies, which is expected to bolster the growth of the state of Oregon ambulance service market sub-segment during the forecast timeframe. Service Type: Emergency Medical Transport Sub-Segment to be Most Productive The emergency medical transport sub-segment is expected to have the fastest growth during the forecast timeframe. This is mainly because emergency medical transport is a vital component of emergency medical services that involve the transportation of sick or injured people to medical facilities for further evaluation and treatment. In addition, ambulance services are mainly provided by various organizations including private companies, non-profit organizations, and government agencies to provide optimum care to patients during transport which is expected to augment the growth of the market sub-segment in the coming period. Operating Type: Private Sub-Segment to be Most Profitable The private sub-segment is anticipated to have wide growth opportunities during the analysis timeframe. There are several private ambulance services providing companies such as Life Flight Network, Metro West Ambulance, Medix Ambulance Service, and many more, that provide emergency medical services and non-emergency medical transportation services in Oregon state which is expected to boost the growth of the market sub-segment over the forecast timeframe. Covid-19 Impact on the State of Oregon Ambulance Service Market Initially, the outbreak of the Covid-19 pandemic has had a positive impact on the state of Oregon ambulance service market. This is mainly due to the rapid rise in Covid-19 cases necessitating hospitalization and emergency care during the pandemic. However, due to the shortage of hospital beds including ICU and non-ICU, Oregon emergency departments have shifted patients to other hospitals which has strained ambulance resources and delayed patient transport. In addition, many ambulance service providers have faced revenue losses due to the cancellation of non-essential medical procedures. Such factors have declined the growth of the market over the crisis. Key Players of the State of Oregon Ambulance Service Market The major players of the market include Falck Northwest Cal-Ore Life Flight These players are widely working on the development of new business strategies such as mergers and acquisitions, partnerships and collaborations, and product development to attain a leading position in the industry. For instance, in February 2023, Bell Textron Inc., a leading American aerospace manufacturer announced that Life Flight Network, a non-profit air and ground critical care transport service aimed to add four additional Bell 407GXi helicopters in the Pacific Northwest and Intermountain West. By adding these helicopters, Life Flight Network would expand its state-of-the-art transport resources and medical capabilities. Further, the report also presents other vital aspects including SWOT analysis, the financial performance of the key players, the product portfolio, and the latest strategic developments. More about State of Oregon Ambulance Service Market: