What is Medical Transport Services Market Scope?
There are many types of medical transportation services provided to transport patients between facilities and save lives in the event of an emergency. These services are available for all patients and are usually accessed 24 hours day, 7 days a week, 365 days a year. The severity of the mileage, situation, and the patient’s medical condition determine the type of transportation needed. Moreover, there are also other types of medical transport services are provided such as transport of medical, incubator, and mobile treatment facilities, among others.
Market Growth Drivers:
The Rising Healthcare Complications Requiring Medical Attention and Advancing Healthcare Transport Facilities
Challenges:
Lack of Healthcare Infrastructure among the Underdeveloped Countries
Restraints:
The Maintenance Cost Incurred On Medical Transport Vehicles
Opportunities:
Surging Demand for Medical Transport Services among the Developing Regions
The Medical Transport Services market study is being classified by Type (Medical Products, Incubator Transport, Mobile Treatment Facilities and Patient Transport), by Application and major geographies with country level break-up.
Competition among existing players is due to the Medical Transport Services market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Medical Transport Services Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Medical Transport Services market throughout the predicted period.
DHL International GmbH (Germany), American Medical Response, Inc. (United States), LogistiCare Solutions, LLC (United States), Healthcare Transportation, LLC. (United States), Molina Healthcare (United States), Crothall Healthcare (United States), ERS Transition Ltd (United Kingdom), Piedmont Healthcare (United States), ProHealth Care (United States) and ATS Healthcare (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Mobile Care Group Inc. (United States), MEDSPEED (United States), Aramark (United States), MTM Inc. (United States) and Watts Healthcare Corporation (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Medical Transport Services market by Type, Application and Region.
On the basis of geography, the market of Medical Transport Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In September 2023, Transdev Canada announced the acquisition of Patient Transport Services, the largest Non-Emergency Medical transportation company in Manitoba, operating in Winnipeg, Brandon and Carman.
In April 2018, Ford launched an on-demand transportation service for non-emergency medical needs. The idea is to better help patients get to their doctor appointments. Ford is initially launching this in partnership with Beaumont Health in Michigan to serve more than 200 facilities.
Key Target Audience
Medical Transport Services Providers, Industry Associations, Regulatory & Government Bodies, End Users and Others
Medical Transport Services Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Medical Transport Services Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Medical Transport Services industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.