Sarasota, FL -- (SBWire) -- 05/01/2019 --According to the report, the U.S. healthcare transportation services market was valued at USD 21.82 billion in 2017 and is expected to reach USD 31.51 billion globally by 2026, at a CAGR of around 4.23% between 2018 and 2026.
Transportation services in the healthcare sector act as an aid to ensure the safe and timely transfer of patients, medicines, medical equipment, and test specimens from one location to another. This, in turn, enhances the efficiency of the healthcare sector. The healthcare system consists of various components that contribute to the diagnosis, treatment, research, and test of diseases. The healthcare transport team connects with clinical care members to evaluate the risk and benefits linked to patients transfer.
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The U.S. healthcare transportation services market is segmented based on type, end-users, and states. On the basis of type, this market is bifurcated into medical and non-medical transportation. The medical transportation segment accounted for 86% market share in 2017. The non-medical transportation type is anticipated to be the fastest growing market with a growth rate of around 4.4% during the forecast period from 2018 to 2026. Medical transportation is sub-segmented into medical products, mobile treatment facilities, incubator transport, and patient transport. The patient transport segment is further classified into intensive care patient transport, mental health transport, non-emergency, and emergency. The patient transportation segment had the highest market share, i.e., approximately 44.7% in 2017, and is predicted to grow with a growth rate of 2.2% in the upcoming years. Furthermore, the non-medical transportation segment is further categorized into mailroom services, event covers, medical repatriation services, courier services, and others. Some of the end-users of healthcare transportation services include private paying customers, hospitals, medical centers, nursing care facilities, and airport shuttle. The segmentation by state comprises the current and forecast demand for the U.S. with bifurcation 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 by 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.
Some key players 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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The report segments of the U.S. healthcare transportation services market are as follows:
The U.S. Healthcare Transportation Services Market: By Type
Medical Transportation
Medical End-Users
Pharmaceuticals
Over the Counter (OTC) End-Users
Cosmetics
Incubator Transport
Mobile Treatment Facilities
Patient Transport
Emergency
Non-Emergency
Mental Health Transport
Intensive Care Patient Transport
Non-Medical Transportation
Mailroom Services
Event Covers
Medical Repatriation Services
Courier Services
Others
The U.S. Healthcare Transportation Services Market: By End-Users
Private Paying Customers
Hospitals
Medical Centers
Nursing Care Facilities
Airport Shuttle
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The U.S. Healthcare Transportation Services Market: By Countries
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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U.S. Healthcare Transportation Services Market to Showcase Continued Growth in the Coming Years
U.S. healthcare transportation services market expected to reach USD 31.51 billion globally by 2026, at a CAGR of around 4.23% between 2018 and 2026. Transportation services in the healthcare sector act as an aid to ensure the safe and timely transfer of patients, medicines, medical equipment, and test specimens from one location to another.