What is Transportation Services in Healthcare Market?
The global transportation services in healthcare market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The growing demand for medical supplies due to COVID-19 pandemic across the world and the increasing production of medical & pharmaceutical products are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few months but it is again expected to rise with a significant pace after the COVID-19 pandemic is over.
Highlights from Transportation Services in Healthcare Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | CJ Medical Transportation (United States), Crothall Healthcare (United States), DHL International GmbH (Germany), Empress EMS (United States), GMTcare (United States), MTM, Inc. (United States), Patriot Medical Transport (United States), Secure Transportation Company (United States), Watts Healthcare (United States) and Xpress Non-Emergency Medical Transportation, Inc. (United States) |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Transportation Services in Healthcare market throughout the forecasted period.
CJ Medical Transportation (United States), Crothall Healthcare (United States), DHL International GmbH (Germany), Empress EMS (United States), GMTcare (United States), MTM, Inc. (United States), Patriot Medical Transport (United States), Secure Transportation Company (United States), Watts Healthcare (United States) and Xpress Non-Emergency Medical Transportation, Inc. (United States) are some of the key players profiled in the study. Transportation Services in Healthcare Market Segmentation:
Scope | Sub-Segments |
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Type | Medical Transportation {Medical Products, Incubator Transport, Mobile Treatment Facilities, Patient Support} and Non-Medical Transportation {Mailroom Services, Event Covers, Courier Services, Others} |
End Use | Private Customers,Hospitals & Medical Centers,Others |
On the basis of geography, the market of Transportation Services in Healthcare 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Emergence of Medical Services
Market Growth Drivers:
Growing Demand Due to COVID-19 Pandemic Across the World and Increasing Production of Medical Supplies
Challenges:
Challenges in Transportation Due to Current COVID-19 Pandemic
Restraints:
Stringent Government Regulations Impacting the Transportation Industry
Opportunities:
Future Opportunities Due to Current Demand & Supply Gap in the Healthcare & Medical Industry
Stringent Worldwide Government Regulations Regarding Shutting Down the Production & Services Across Different Countries of the World to Avoid the Spread of COVID-19