About Medical Transport Services
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Transport Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mobile Care Group Inc. (United States), MEDSPEED (United States), Aramark (United States), MTM Inc. (United States) and Watts Healthcare Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Medical Transport Services market by Type (Medical Products, Incubator Transport, Mobile Treatment Facilities and Patient Transport), Application (Hospitals, Private Paying Customers, Nursing Care Facilities and Medical Centers) 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 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
Market Leaders and their expansionary 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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.