Patient Transportation Market (2022 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

Global Patient Transportation Market was valued at US$ 19.8 Mn. in 2021 and is estimated to grow at a CAGR of 6.2 % over the forecast period.

Patient Transportation Market Overview:

The report explores the Patient Transportation market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Patient Transportation market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Patient Transportation market's contemporary competitive scenario. Patient Transportation Market To know about the Research Methodology:-Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Patient Transportation Market Dynamics:

The market share held by the patient transportation market is xx% of the overall market of healthcare transportation market in 2021. Increasing demand for the patient transportation equipment through the local retailer or vendors, also the government has started taking initiatives regarding the safety rules and regulations for medical equipment and its utilization of it is driving the market for the Patient Transportation market. The sales of the patient transportation market will grow at 5.8%. In the circumstances of any emergencies, providing serviceable equipment and availability of transportation has been approved to be critical in preventing disastrous results that could give outcomes in death or serious patient trauma. Rising cases of immobility or constancy due to disability, external injuries, chronic diseases, etc. are supporting the need for effective patient transportation market solutions. In the healthcare sector, improving the quality of comprehensive patient care there have been many developments and new innovative initiatives have taken. In many countries, they have come up with affordable and accessible ambulatory care services for both emergency and non-emergency cases which led the market growth as well as supported the patient transportation market in the forecasted period. Owing to the well-developed healthcare infrastructure, it is more accessible in developing countries, and also a growing number of old age homes and high common of chronic diseases are boosting the demand of the market. The factors which hamper the growth of the market are the high cost of patient transportation equipment, not being able to reach the rural areas, and substitutes of the products, and also the less awareness about the non-emergency patient transportation in developing nations will restrain the demand for the patient transportation market. According to the United Nations, World Population Ageing Database in 2020, the generic population is expected to grow from $ 725 million to $ 1.3 Bn. by 2050 because of the growing awareness of injuries that can develop into functional disability, caregivers, and healthcare professionals are using patient transportation solutions. The opportunity of the patient transportation market will grow by $1.2 Bn. in the forecasted

Patient Transportation Market Segment Analysis:

Based on End-users, the Patient Transportation Market is segmented into Hospitals, Medical centers, retirement communities, hospice care facilities, private paying customers, and nursing care facilities. The hospital’s segment has dominated the market by holding the largest share of 45% of the total market and is expected to grow in the forecasted period. Because the retailer and manufacturers work with hospitals and healthcare centers are upgrading the devices and installing new innovative ideas, maintaining their equipment. And also, the availability of patient transportation equipment has increased through affiliation and link-up with other medical care facilities have also extended the services of patient transportation. Sales in this segment are expected to grow in the forecasted period. Patient Transportation Market Based on the Application, the Patient Transportation Market is segmented into Emergency, non-emergency, and non-medical transportation. Non-emergency transportation has dominated the market and accounted for 47% of the total market share in 2021. The existence of non-emergency transportation is a remarkable social indicator of health. Transportation barriers are conspicuous among the middle income and ethnic minorities. Some alternative solutions have improved the outcomes such as overall wait times, cost, and appointment attendance rates, this will help the market to grow in the forecasted period.

Patient Transportation Market Regional Insights:

The North American region is expected to witness significant growth at a CAGR of 6.9% through the forecast period. The North American region has dominated the market. Because the U.S. has a well-developed healthcare infrastructure among the other countries and also the services and products auxiliary to patient safety and availability of emergency patient transportation are easily accessible The US expenditure for the healthcare industry is spending $1.4 trillion in 2020. The objective of the report is to present a comprehensive analysis of the global Patient Transportation Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Patient Transportation Market dynamic, and structure by analyzing the market segments and projecting the Patient Transportation Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Patient Transportation Market make the report investor’s guide.

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Global Patient Transportation Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 19.8 Bn.
Forecast Period 2022 to 2027 CAGR: 6.2% Market Size in 2027: US $ 36.2 Bn.
Segments Covered: by End-users • Hospitals • Medical Centers • Retirement Communities • Hospice Care Facilities • Private Paying Customers • Nursing Care Facilities
by Application • Emergency • Non-emergency

Patient Transportation Market by Region

• North America • Europe • The Asia Pacific • The Middle East and Africa • South America

Patient Transportation Market Key Players:

• National Medtrans Network • Falck A/S • Air Methods Corporation • Envision Healthcare Corporation • Acadian • NSL Limited • Airmed International LLC • Airpal, Inc. • Falck A/S Frequently Asked Questions: 1)What is the CAGR of the Patient Transportation Market in the forecasted period? Ans. The expected CAGR of the Patient Transportation market is 6.2% in the forecasted period. 2)What is the segment of the Patient Transportation market? Ans. The segment of the Patient Transportation market is based on end-users and based on applications. 3)How much is the Patient Transportation market currently worth? Ans. The global patient transportation market size is projected to reach US$ 19.8 Mn in 2021. 4)Which are the 5 countries that drive the Patient Transportation market? Ans. The U.S., Germany, U.K., India, and France are expected to drive demand for patient transportation products. 5)What is the North American market outlook for the Patient Transportation market? Ans. North America is one of the key markets for patient transportation, with the U.S. accounting for about 41% market share in the global market in 2021.
1. Global Patient Transportation Market Size: Research Methodology 2. Global Patient Transportation Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Patient Transportation Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Patient Transportation Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • The Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Patient Transportation Market Size Segmentation 4.1. Global Patient Transportation Market Size, by End-users (2021-2027) • Hospitals • Medical Centres • Retirement Communities • Hospice Care Facilities • Private Paying Customers • Nursing Care Facilities 4.2. Global Patient Transportation Market Size, by Applications (2021-2027) • Emergency • Non-emergency 5. North America Patient Transportation Market (2021-2027) 5.1. North America Patient Transportation Market Size, by End-users (2021-2027) • Hospitals • Medical Centres • Retirement Communities • Hospice Care Facilities • Private Paying Customers • Nursing Care Facilities 5.2. North America Patient Transportation Market Size by Applications (2021-2027) • Emergency • Non-emergency 5.3. North America Patient Transportation Market, by Country (2021-2027) • The United States • Canada • Mexico 6. European Patient Transportation Market (2021-2027) 6.1. European Patient Transportation Market, by End-users (2021-2027) 6.2. European Patient Transportation Market, by Applications (2021-2027) 6.3. European Patient Transportation Market, by Country (2021-2027) • The UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Patient Transportation Market (2021-2027) 7.1. Asia Pacific Patient Transportation Market, by End-users (2021-2027) 7.2. Asia Pacific Patient Transportation Market, by Applications (2021-2027) 7.3. Asia Pacific Patient Transportation Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Patient Transportation Market (2021-2027) 8.1. The Middle East and Africa Patient Transportation Market, by End-users (2021-2027) 8.2. The Middle East and Africa Patient Transportation Market, by Applications (2021-2027) 8.3. The Middle East and Africa Patient Transportation Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Patient Transportation Market (2021-2027) 9.1. South America Patient Transportation Market, by End-users (2021-2027) 9.2. South America Patient Transportation Market, by Applications (2021-2027) 9.3. South America Patient Transportation Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1.1. National Medtrans Network 10.1.1.1. Company Overview 10.1.1.2. Financial Overview 10.1.1.3. Global Presence 10.1.1.4. Capacity Portfolio 10.1.1.5. Business Strategy 10.1.1.6. Recent Developments 10.1.2. Falck A/S 10.1.3. Air Methods Corporation 10.1.4. Envision Healthcare Corporation 10.1.5. Acadian 10.1.6. NSL Limited 10.1.7. Airmed International LLC 10.1.8. Airpal, Inc. 10.1.9. Falck A/S

About This Report

Report ID 146712
Category Automotive and Transportation
Published Date May 2022
Updated Date
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