U.S. Healthcare Transportation Services Market - Global Industry Analysis

U.S. Healthcare Transportation Services Market By Type (Medical Transportation, Incubator Transport, Mobile Treatment Facilities, Patient Transport, and Non-Medical Transportation). By End Use (Hospitals, Medical Centers, Nursing Care Facilities, and Airport Shuttle), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028

Published Date: 17-May-2022 Category: Healthcare Report Format : PDF Pages: 180 Report Code: ZMR-3455 Status : Published

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Description

Industry Prospective:

The U.S. Healthcare Transportation Services Market was worth around USD 15,295.6 million in 2021 and is estimated to grow to about USD 24,137.6 million by 2028, with a compound annual growth rate (CAGR) of approximately 7.9 percent over the forecast period. The report analyzes the U.S. Healthcare Transportation Services Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the U.S. Healthcare Transportation Services Market.

U.S. Healthcare Transportation Services Market: Overview

Transportation Services in the healthcare industry help to assure the safe and timely transfer of patients, medications, medical equipment, and test specimens from one site to another. As a result, the healthcare sector's efficiency improves. Healthcare transportation is a new concept that can save both patients and healthcare practitioners a significant amount of time. The growing need for speedy mobility and an improving healthcare system are the primary drivers driving the market's growth. The rising cases of SARS-CoV-2 infection, increasing pharmaceutical R&D activities, and novel medication pipelines are among the key drivers driving global pharma & healthcare company growth in recent years. Growing adoption of telehealth and telemedicine services, increased government funding for vaccine development, and the rising need for improved point-of-care diagnostics and home healthcare devices have all helped the industry's growth. Due to the expanding rates of infectious diseases, the global focus on healthcare is projected to serve additional growth prospects in the next years.

Covid-19 Impact

The pandemic has thrown the Healthcare Transportation Services business on its head, causing an unprecedented increase in demand and a severe supply shortfall. The current global economic landscape as well as the significant status of the healthcare business has been severely affected. A significant increase in demand for healthcare services globally, rising cases of SARS-CoV-2 infection, increased pharmaceutical R&D activity on the new outbreak, and new drug pipelines are among the primary reasons driving the global pharma & healthcare business growth in the pandemic years. Growing acceptance of telehealth and telemedicine services, an increase in government programs for COVID-19 vaccine development, and rising demand for improved point-of-care diagnostics and home healthcare devices have all contributed to the industry's expansion.

U.S. Healthcare Transportation Services Market

U.S. Healthcare Transportation Services Market: Driver

Improving healthcare systems and expanding healthcare facilities are some of the factors driving this segment's market growth. Additionally, healthcare providers are providing healthcare transportation services to patients who require non-emergency healthcare transportation to obtain various healthcare services, which is driving the growth of the U.S. Healthcare Transportation market. Growing demand for speedy transportation of samples and specimens for testing, as well as a greater emphasis on lowering logistical costs, are some of the factors driving market expansion. Furthermore, increased ride-sharing for healthcare transportation is helping to drive the expansion of the U.S. Healthcare Transportation Market.

U.S. Healthcare Transportation Services Market: Restraint

The lack of investment and high maintenance costs of transportation vehicles are impeding the growth of this sector. Additionally, a lack of investment from domestic companies is limiting its market expansion during the predicted period. A significant amount of money must be spent in order to provide and improve healthcare transportation services. When even local players are afraid to invest in this area, underdeveloped economies are unable to do so. As a result, the rate of market expansion will be slowed. Furthermore, offering high-quality healthcare transportation services is a commercial problem. The limited reach of key players has a negative impact on the rate of growth.

U.S. Healthcare Transportation Services Market: Segmentation

The U.S. Healthcare Transportation Services Market is segregated based on Type, and End-Use.

By Type, the market is classified into Medical Transportation, Incubator Transport, Mobile Treatment Facilities, Patient Transport, and Non-Medical Transportation. The medical transportation market is expected to be the fastest-growing segment, during the forecast period. Medical transportation services are required for those who are in a critical or life-threatening scenario. Medical transportation services are essential for adverse Medicaid recipients, such as the elderly, disabled, and financially disadvantaged persons who are unable to get healthcare transportation services, which contributes to the growth of this industry.

By End-Use, the market is classified into Hospitals, Medical Centers, Nursing Care Facilities, and Airport Shuttle. In the forecast period, hospitals were the major end-user, accounting for almost the largest share of worldwide healthcare transportation services revenue, and are expected to rise over the projection period. This area is expected to maintain its dominance in the coming years, owing to an increase in the number of hospitals, particularly in developed countries, as well as a greater need for cost reductions and increased reach.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

Regional Landscape

The market for healthcare transportation services is dominated by North America. This is owing to an increasing population in need of medical assistance, as well as the availability of high-quality healthcare provisions. The existence of cutting-edge technology also helps to provide the best healthcare transportation services to the residents of this region. The top players in the US healthcare transportation services market are expected to keep their competitive advantage in the industry by increasing their product offerings and investing in mergers and acquisitions.

Due to the increase in government spending on healthcare facilities, Asia Pacific is predicted to be the fastest expanding market. This is a critical component fueling the region's demand for innovative healthcare transportation services. The growing government spending on healthcare transportation services, particularly in underdeveloped countries. This is an important factor in driving the region's desire for innovative healthcare transportation services.

Competitive Landscape

Some of the main competitors dominating the U.S. Healthcare Transportation Services Market include - Logisticare Solutions LLC, ProHealth Care Inc., Mercy Health Medical Transportation LLC, Molina Healthcare, Inc., Express Medical Transporters, Inc., Aramark Healthcare Technologies LLC, Crothall Healthcare Inc., MTM, Inc., Acadian Ambulance Service Inc., and Mobile Care Group Inc.

U.S. Healthcare Transportation Services Market is segmented as follows:

By Type

Medical Transportation
Incubator Transport
Mobile Treatment Facilities
Patient Transport
Non-Medical Transportation

By End-Use

Hospitals
Medical Centers
Nursing Care Facilities
Airport Shuttle

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
  - 1.3.1 Market Research Type
  - 1.3.2 Market research methodology
Chapter 2. Executive Summary
- 2.1 Global U.S. Healthcare Transportation Services Market, (2022 - 2028) (USD Million)
- 2.2 Global U.S. Healthcare Transportation Services Market : snapshot
Chapter 3. Global U.S. Healthcare Transportation Services Market - Industry Analysis
- 3.1 U.S. Healthcare Transportation Services Market: Market Dynamics
- 3.2 Market Drivers
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
  - 3.7.1 Market attractiveness analysis By Type
  - 3.7.2 Market attractiveness analysis By End-Use
Chapter 4. Global U.S. Healthcare Transportation Services Market- Competitive Landscape
- 4.1 Company market share analysis
  - 4.1.1 Global U.S. Healthcare Transportation Services Market: company market share, 2021
- 4.2 Strategic development
  - 4.2.1 Acquisitions & mergers
  - 4.2.2 New Product launches
  - 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
  - 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
Chapter 5. Global U.S. Healthcare Transportation Services Market - Type Analysis
- 5.1 Global U.S. Healthcare Transportation Services Market overview: By Type
  - 5.1.1 Global U.S. Healthcare Transportation Services Market share, By Type, 2021 and 2028
- 5.2 Medical Transportation
  - 5.2.1 Global U.S. Healthcare Transportation Services Market by Medical Transportation, 2022 - 2028 (USD Million)
- 5.3 Incubator Transport
  - 5.3.1 Global U.S. Healthcare Transportation Services Market by Incubator Transport, 2022 - 2028 (USD Million)
- 5.4 Mobile Treatment Facilities
  - 5.4.1 Global U.S. Healthcare Transportation Services Market by Mobile Treatment Facilities, 2022 - 2028 (USD Million)
- 5.5 Patient Transport
  - 5.5.1 Global U.S. Healthcare Transportation Services Market by Patient Transport, 2022 - 2028 (USD Million)
- 5.6 Non-Medical Transportation
  - 5.6.1 Global U.S. Healthcare Transportation Services Market by Non-Medical Transportation, 2022 - 2028 (USD Million)
Chapter 6. Global U.S. Healthcare Transportation Services Market - End-Use Analysis
- 6.1 Global U.S. Healthcare Transportation Services Market overview: By End-Use
  - 6.1.1 Global U.S. Healthcare Transportation Services Market share, By End-Use, 2021 and 2028
- 6.2 Hospitals
  - 6.2.1 Global U.S. Healthcare Transportation Services Market by Hospitals, 2022 - 2028 (USD Million)
- 6.3 Medical Centers
  - 6.3.1 Global U.S. Healthcare Transportation Services Market by Medical Centers, 2022 - 2028 (USD Million)
- 6.4 Nursing Care Facilities
  - 6.4.1 Global U.S. Healthcare Transportation Services Market by Nursing Care Facilities, 2022 - 2028 (USD Million)
- 6.5 Airport Shuttle
  - 6.5.1 Global U.S. Healthcare Transportation Services Market by Airport Shuttle, 2022 - 2028 (USD Million)
Chapter 7. U.S. Healthcare Transportation Services Market - Regional Analysis
- 7.1 Global U.S. Healthcare Transportation Services Market Regional Overview
- 7.2 Global U.S. Healthcare Transportation Services Market Share, by Region, 2021 & 2028 (USD Million)
- 7.3. North America
  - 7.3.1 North America U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
    - 7.3.1.1 North America U.S. Healthcare Transportation Services Market, by Country, 2022 - 2028 (USD Million)
- 7.4 North America U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028
  - 7.4.1 North America U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028 (USD Million)
- 7.5 North America U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028
  - 7.5.1 North America U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028 (USD Million)
- 7.4. Europe
  - 7.4.2 Europe U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
    - 7.4.2.1 Europe U.S. Healthcare Transportation Services Market, by Country, 2022 - 2028 (USD Million)
- 7.4 Europe U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028
  - 7.4.1 Europe U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Europe U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028
  - 7.5.1 Europe U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028 (USD Million)
- 7.5. Asia Pacific
  - 7.5.3 Asia Pacific U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
    - 7.5.3.1 Asia Pacific U.S. Healthcare Transportation Services Market, by Country, 2022 - 2028 (USD Million)
- 7.4 Asia Pacific U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028
  - 7.4.1 Asia Pacific U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Asia Pacific U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028
  - 7.5.1 Asia Pacific U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028 (USD Million)
- 7.6. Latin America
  - 7.6.4 Latin America U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
    - 7.6.4.1 Latin America U.S. Healthcare Transportation Services Market, by Country, 2022 - 2028 (USD Million)
- 7.4 Latin America U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028
  - 7.4.1 Latin America U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Latin America U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028
  - 7.5.1 Latin America U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028 (USD Million)
- 7.7. The Middle-East and Africa
  - 7.7.5 The Middle-East and Africa U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
    - 7.7.5.1 The Middle-East and Africa U.S. Healthcare Transportation Services Market, by Country, 2022 - 2028 (USD Million)
- 7.4 The Middle-East and Africa U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028
  - 7.4.1 The Middle-East and Africa U.S. Healthcare Transportation Services Market, by Type, 2022 - 2028 (USD Million)
- 7.5 The Middle-East and Africa U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028
  - 7.5.1 The Middle-East and Africa U.S. Healthcare Transportation Services Market, by End-Use, 2022 - 2028 (USD Million)
Chapter 8. Company Profiles
- 8.1 Logisticare Solutions LLC
  - 8.1.1 Overview
  - 8.1.2 Financials
  - 8.1.3 Product Portfolio
  - 8.1.4 Business Strategy
  - 8.1.5 Recent Developments
- 8.2 ProHealth Care Inc.
  - 8.2.1 Overview
  - 8.2.2 Financials
  - 8.2.3 Product Portfolio
  - 8.2.4 Business Strategy
  - 8.2.5 Recent Developments
- 8.3 Mercy Health Medical Transportation LLC
  - 8.3.1 Overview
  - 8.3.2 Financials
  - 8.3.3 Product Portfolio
  - 8.3.4 Business Strategy
  - 8.3.5 Recent Developments
- 8.4 Molina Healthcare Inc.
  - 8.4.1 Overview
  - 8.4.2 Financials
  - 8.4.3 Product Portfolio
  - 8.4.4 Business Strategy
  - 8.4.5 Recent Developments
- 8.5 Express Medical Transporters Inc.
  - 8.5.1 Overview
  - 8.5.2 Financials
  - 8.5.3 Product Portfolio
  - 8.5.4 Business Strategy
  - 8.5.5 Recent Developments
- 8.6 Aramark Healthcare Technologies LLC
  - 8.6.1 Overview
  - 8.6.2 Financials
  - 8.6.3 Product Portfolio
  - 8.6.4 Business Strategy
  - 8.6.5 Recent Developments
- 8.7 Crothall Healthcare Inc.
  - 8.7.1 Overview
  - 8.7.2 Financials
  - 8.7.3 Product Portfolio
  - 8.7.4 Business Strategy
  - 8.7.5 Recent Developments
- 8.8 MTM Inc.
  - 8.8.1 Overview
  - 8.8.2 Financials
  - 8.8.3 Product Portfolio
  - 8.8.4 Business Strategy
  - 8.8.5 Recent Developments
- 8.9 Acadian Ambulance Service Inc.
  - 8.9.1 Overview
  - 8.9.2 Financials
  - 8.9.3 Product Portfolio
  - 8.9.4 Business Strategy
  - 8.9.5 Recent Developments
- 8.10 Mobile Care Group Inc.
  - 8.10.1 Overview
  - 8.10.2 Financials
  - 8.10.3 Product Portfolio
  - 8.10.4 Business Strategy
  - 8.10.5 Recent Developments

Table Of Figures

1. Market research Type
2. Market research methodology
3. Global U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
4. Porter’s Five Forces Analysis
5. Global U.S. Healthcare Transportation Services Market attractiveness, By Type
6. Global U.S. Healthcare Transportation Services Market attractiveness, By End-Use
7. Global U.S. Healthcare Transportation Services Market share by Type, 2022 and 2028 (USD Million)
8. Global U.S. Healthcare Transportation Services Market by Medical Transportation, 2022 - 2028 (USD Million)
9. Global U.S. Healthcare Transportation Services Market by Incubator Transport, 2022 - 2028 (USD Million)
10. Global U.S. Healthcare Transportation Services Market by Mobile Treatment Facilities, 2022 - 2028 (USD Million)
11. Global U.S. Healthcare Transportation Services Market by Patient Transport, 2022 - 2028 (USD Million)
12. Global U.S. Healthcare Transportation Services Market by Non-Medical Transportation, 2022 - 2028 (USD Million)
13. Global U.S. Healthcare Transportation Services Market share by End-Use, 2022 and 2028 (USD Million)
14. Global U.S. Healthcare Transportation Services Market by Hospitals, 2022 - 2028 (USD Million)
15. Global U.S. Healthcare Transportation Services Market by Medical Centers, 2022 - 2028 (USD Million)
16. Global U.S. Healthcare Transportation Services Market by Nursing Care Facilities, 2022 - 2028 (USD Million)
17. Global U.S. Healthcare Transportation Services Market by Airport Shuttle, 2022 - 2028 (USD Million)
18. Global U.S. Healthcare Transportation Services Market share, by Region, 2022 and 2028
19. North America U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
20. Europe U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
21. Asia Pacific U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
22. Latin America U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)
23. The Middle-East and Africa U.S. Healthcare Transportation Services Market, 2022 - 2028 (USD Million)

Table Of Tables

1. Global U.S. Healthcare Transportation Services Market: Snapshot
2. Drivers of the U.S. Healthcare Transportation Services Market: impact analysis
3. North America U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
4. North America U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
5. U.S. U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
6. U.S. U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
7. Canada U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
8. Canada U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
9. Europe U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
10. Europe U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
11. Germany U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
12. Germany U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
13. France U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
14. France U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
15. U.K. U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
16. U.K. U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
17. Italy U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
18. Italy U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
19. Spain U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
20. Spain U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
21. Rest of Europe U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
22. Rest of Europe U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
23. Asia Pacific U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
24. Asia Pacific U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
25. China U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
26. China U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
27. Japan U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
28. Japan U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
29. India U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
30. India U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
31. South Korea U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
32. South Korea U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
33. South-East Asia U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
34. South-East Asia U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
35. Rest of Asia Pacific U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
36. Rest of Asia Pacific U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
37. Latin America U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
38. Latin America U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
39. Brazil U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
40. Brazil U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
41. Mexico U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
42. Mexico U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
43. Rest of Latin America U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
44. Rest of Latin America U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
45. The Middle-East and Africa U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
46. The Middle-East and Africa U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
47. GCC Countries U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
48. GCC Countries U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
49. South Africa U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
50. South Africa U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)
51. Rest of Middle-East Africa U.S. Healthcare Transportation Services Market revenue, By Type, 2022 - 2028 (USD Million)
52. Rest of Middle-East Africa U.S. Healthcare Transportation Services Market revenue, By End-Use, 2022 - 2028 (USD Million)

Methodology

Free Analysis

Transportation is inextricably linked to the economic and social factor that favors mobility of people. The healthcare research team has opined that 20% of health can be attributed to medical care, while access to transportation, educational attainment, housing status, and healthy food accounted for 40%. Transportation barriers can be interrelated with social determinants of health, such as social isolation, poverty, racial discrimination, and access to education. It might result in increased health expenditures, overall poorer health outcomes, and delayed or missed healthcare appointments. The development of appropriate and affordable transportation options, bike lanes, walkable communities, and other healthy transit options can help improve health conditions.

The transportation system is considered an integral part of the entire healthcare market. Based on the instructions established by main healthcare bodies, the transport service providers have to comply with regulations like having sufficient field and clinical experience to deal with different types of health conditions. The rising geriatric population prone to cardiovascular diseases is one of the major driving forces of the U.S. healthcare transportation services market. Medical transportation has catered to a large number of patients in the past few years due to the aforementioned reason. Moreover, accelerating medical tourism, favorable reimbursement policies, and advancement in technology are some other factors fuelling the demand for healthcare transportation services in the U.S. However, the dearth of skilled healthcare professionals and expensive emergency care services can hamper the growth of the U.S. healthcare transportation services market.

Global The US Healthcare Transportation Services Market

The U.S. healthcare transportation services market is segmented based on type, end-users, and states. On the basis of type, the U.S. healthcare transportation services market is bifurcated into medical transportation and non-medical transportation. Medical transportation is sub-segmented into medical products, incubator transport, mobile treatment facilities, and patient transport. The patient transport segment is further bifurcated into emergency, non-emergency, mental health transport, and intensive care patient transport. The non-medical transportation is further categorized into mailroom services, event covers, medical repatriation services, courier services, and others. In case of patient transportation, non-emergency segment held the largest market share in 2017, accounting for 31.3%, while the emergency module held a market share of 26.2% and is expected to reach nearly 26.5% during the forecast period. The end-users of healthcare transportation services are private paying customers, hospitals, medical centers, nursing care facilities, and airport shuttle. The segmentation by states comprises the current and forecast demand for the U.S., which is fragmented into Texas, Alabama, Massachusetts, New Jersey, Washington, and rest of the U.S.

The prominent players in the U.S. healthcare transportation services market are expected to balance a competitive edge in the market by increasing their product line-up and investing in mergers and acquisitions. For instance, in March 2017, American Medical Response, Inc. and Lyft, Inc. announced their partnership in order to offer non-emergency medical transportation services to patients. Moreover, in March 2018, Uber, a well-known transportation service company in the U.S., launched a new digital tool to book rides for patients. These services are known to be cheaper and more reliable than any other mode of non-emergency medical transportation.

Major participants involved in the U.S. healthcare transportation services market are Logisticare Solutions LLC, ProHealth Care Inc., Mercy Health Medical Transportation LLC, Molina Healthcare, Inc., Express Medical Transporters, Inc., Aramark Healthcare Technologies LLC, Crothall Healthcare Inc., MTM, Inc., Acadian Ambulance Service Inc., Mobile Care Group Inc., Medspeed LLC, WellMed Medical Management Inc., American Medical Response, Inc., Lyft, Inc., and Uber Technologies, Inc., among others.

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FrequentlyAsked Questions

Which key factors will influence U.S. Healthcare Transportation Services Market growth over 2022-2028?

The growing need for speedy mobility and an improving healthcare system are the primary drivers driving the market's growth. The rising cases of SARS-CoV-2 infection, increasing pharmaceutical R&D activities, and novel medication pipelines are among the key drivers driving global pharma & healthcare company growth in recent years.

What will be the value of the U.S. Healthcare Transportation Services Market during 2022-2028?

According to the Market Research report, the U.S. Healthcare Transportation Services Market was worth about 15,295.6 (USD million) in 2021 and is predicted to grow to around 24,137.6 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 7.9 percent.