Health care drone ambulance Entrepreneurship PDF

Running Head: ENTREPRENEURSHIP REPORT
HEALTH CARE DRONE AMBULANCE
Entrepreneurship Report
Report
Student Name
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ENTREPRENEURSHIP REPORT 1
Executive summary
This report is focused on offering the Aerial mode of medical service on the emergency medical
needs with the help of a drone. This service will help in killing the time frame in case of an
emergency within low cost. This report has focused on the macro environmental analysis of
Singapore in the form of PESTEL along with industrial analysis. This report has also covered
segmentation, targeting and possible competitors for the idea. Then it has focused on key people
and the financial feasibility of this business idea.

ENTREPRENEURSHIP REPORT 2
Table of Contents
External environmental analysis..................................................................................................................3
Industrial Analysis.......................................................................................................................................4
Key people and skills...................................................................................................................................6
Financial feasibility.....................................................................................................................................7
Conclusion...................................................................................................................................................9

ENTREPRENEURSHIP REPORT 3
External environmental analysis
For any country, health safety is one of the most important aspects to be considered for growth
and development. It can also be said that a country can be said developed only if their citizen
lives a health secure life. Singapore is right now carrying a total population of 5.61 million in the
world and is expanding slowly.
(Source: Singapore heart report)
From the data, it can be said that almost 30% of the Singapore population is suffering from
heart .related issues. Singapore is in a great need of solving heart-related issues because
percentage related to this issues is very high and it includes almost every section of the
population like youth, adult and old (Filippatos, et. al, 2015). It has been found that in many
cases health care service was not able to reach at the time because of which persons could not be
saved.
Political: Singapore is currently sharing very stable government as well as a political
environment which are favorable for any business (Digital Journal, 2018). As per study it has
been seen that current political situation is mainly focused around of health issues due to their
increasing rate as per above graph which is a favorable situation for this drone ambulance idea.
Economical: Presently Singapore has existing GDP of nearly US $ 349 billion in which 26.6%
belongs to industry and 73.4 % belongs to services segment. Singapore is recognized as the