Healthcare Transportation Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Healthcare Transportation Service Trends and Forecast

The future of the global healthcare transportation service market looks promising with opportunities in the hospital, private paying customer, and nursing care facility markets. The global healthcare transportation service market is expected to reach an estimated $141.3 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are the increasing incidence of chronic diseases, growing demand for expedited patient and medical supply transportation to healthcare facilities, a rise in overall healthcare spending, and a heightened emphasis on enhancing healthcare transportation services.

A more than 150-page report is developed to help in your business decisions.

Healthcare Transportation Service by Segment

The study includes a forecast for the global healthcare transportation service by type, end use, and region.

Healthcare Transportation Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Medical Product
• Patient Transport
• Incubator Transport
• Mobile Treatment Facilities
• Others

Healthcare Transportation Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Private Paying Customers
• Nursing Care Facilities
• Others

Healthcare Transportation Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Healthcare Transportation Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies healthcare transportation service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the healthcare transportation service companies profiled in this report include-

• Centene
• Medspeed
• Force Ems
• DHL International
• Watts Healthcare
• Crothall Healthcare
• Patriot Medical Transport

Healthcare Transportation Service Market Insights

Lucintel forecasts that patient transport will remain the largest segment due to the increasing number of patients, coupled with the growing aging population, and research & development proficiencies for healthcare transport servcies.

Within this market, hospitals is expected to witness highest growth over the forecast period due to growing focus on providing emergency and non-emergency transportation facilities with high-quality service and care by the healthcare providers of hospitals.

North America will remain the largest region due to surge in aging population that requires medical assistance and the presence of high-quality healthcare facilities in the regions.

Features of the Global Healthcare Transportation Service Market

Market Size Estimates: Healthcare transportation service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Healthcare transportation service market size by type, end use, and region in terms of value ($B).

Regional Analysis: Healthcare transportation service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the healthcare transportation service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the healthcare transportation service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the healthcare transportation service market size?

Answer: The global healthcare transportation service market is expected to reach an estimated $141.3 billion by 2030.

Q.2 What is the growth forecast for healthcare transportation service market?

Answer: The global healthcare transportation service market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the healthcare transportation service market?

Answer: The major drivers for this market are the increasing incidence of chronic diseases, growing demand for expedited patient and medical supply transportation to healthcare facilities, a rise in overall healthcare spending, and a heightened emphasis on enhancing healthcare transportation services.

Q4. What are the major segments for healthcare transportation service market?

Answer: The future of the healthcare transportation service market looks promising with opportunities in the hospital, private paying customer, and nursing care facility markets.

Q5. Who are the key healthcare transportation service market companies?

Answer: Some of the key healthcare transportation service companies are as follows:

• Centene
• Medspeed
• Force Ems
• DHL International
• Watts Healthcare
• Crothall Healthcare
• Patriot Medical Transport

Q6. Which healthcare transportation service market segment will be the largest in future?

Answer: Lucintel forecasts that patient transport will remain the largest segment due to the increasing number of patients, coupled with the growing aging population, and research & development proficiencies for healthcare transport servcies.

Q7. In healthcare transportation service market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to surge in aging population that requires medical assistance and the presence of high-quality healthcare facilities in the regions.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the healthcare transportation service market by type (medical product, patient transport, incubator transport, mobile treatment facilities, and others), end use (hospitals, private paying customers, nursing care facilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?