Healthcare Transportation Services Market: Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Healthcare Transportation Services Market: By Type (Medical Products, Patient Transport, Incubator Transport, Mobile Treatment Facilities, Non-medical Transport), By End-Use (Medical Centers, Private Paying Customers, Hospitals, Nursing Care Facilities, Airport Shuttle, Others), and Geography

 

 

 

 

 

 

 

 

 

 

 

 

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Report

Description

Healthcare Transportation Services Market size is estimated to be valued at USD 82,541.4 Million in 2021 and is poised to grow at a significant CAGR of 4.5% over 2022-2028. Healthcare facilities are in huge demand of reliable, coordinated, and easy transportation of their patients. The healthcare transportation services provide rides across the facilities, patient homes, and anywhere between. Some healthcare transportation service providers also have online and mobile tools that make booking patient rides easy. Based on the end user the market is segmented into medical centers, private paying customers, hospitals, nursing care facilities, airport shuttle, others. The hospital segment anticipated to grow in the forecasting period owing to rising cardiovascular drugs diseases (CVDs) such as cardiac arrest, congestive heart failure, stroke, and coronary artery disease require immediate medical treatment and emergency medical assistance. According to WHO, CVDs are the leading cause of mortality globally, accounting for 31% of all deaths in 2015. Stroke caused 6.7 million deaths, whereas coronary heart disease caused 7.4 million. According to the Centers for Disease Control and Prevention (CDC), around 735,000 heart attacks occur annually in the United States. Heart attacks cause about 200,000 hospital visits every year, or one every three minutes, according to the British Heart Foundation which anticipates to growth of hospital segment in the forecasting market. Increasing geriatric population, rising incidences of chronic diseases, and a rapid increase in awareness regarding transportation services in healthcare are anticipated to propel the growth of market over the forecast years. Moreover, The rising focus on healthcare over the globe is likely to anticipate create healthcare transportation service market opportunities in the coming years.

Key Developments:

In March 2020, Ride-hailing titans Uber and Lyft each launched a suite of new services to address social determinants of health (SDOH).

Healthcare Transportation Services Market

MARKET SUMMARY
-
4.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.5%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Healthcare Transportation Services Market

  • The healthcare transportation services market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The healthcare transportation services market is segmented based on type, end-use and geography.
Key Players
  • Logisticare Solutions LLC
  • ProHealth Care Inc.
  • Mercy Health Medical Transportation LLC
  • Molina Healthcare Inc.
  • Express Medical Transporters Inc.
Healthcare Transportation Services Market Dynamics

The increasing incidence of chronic diseases and the growing elderly population have been the driving force behind the global development and expansion of healthcare transportation services. Rapid research and development capabilities to improve the technology involved in healthcare transportation services also benefit the market. Rising healthcare infrastructure spending has broadened the possibilities of growth for the healthcare transportation services industry. Increased demand to enhance the value chain in the healthcare sector has also emerged as a significant growth factor. Moreover, factors such as expensive emergency care and maintenance costs, a scarcity of experienced healthcare personnel, and a lack of financing and knowledge about these services, particularly in some developing countries, are likely to impede overall market growth between 2022 and 2028.


North America Got Significant Share

Healthcare Transportation Services Market

The Healthcare Transportation Services market in North America is likely to hold the highest revenue share of in 2021 and the same trend is expected over the forecast period due to the presence of a growing population in need of medical support and the availability of high-quality healthcare provisions. Asia-Pacific would outperform in growth rate throughout the projection period due to increased government expenditure on healthcare transportation services, particularly in developing nations.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Healthcare Transportation Services Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The healthcare transportation services market is projected to expand at a CAGR of 16.9% during the forecast period

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.e Care Group Inc.

North America is the fastest-growing region for healthcare transportation services market


Report

Table Of Content

1. Executive Summary
2. Global Healthcare Transportation Services Market Introduction
2.1. Global Healthcare Transportation Services Market – Taxonomy
2.2. Global Healthcare Transportation Services Market –Definitions
2.2.1. By Type
2.2.2. By End-Use
2.2.3. Region
3. Global Healthcare Transportation Services Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Healthcare Transportation Services Market Dynamic Factors – Impact Analysis
3.6. Global Healthcare Transportation Services Market – Competition Landscape
4. Global Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Healthcare Transportation Services Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Medical Products
5.1.1. Pharmaceuticals
5.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Over the Counter Products
5.1.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. Cosmetics
5.1.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.2. Patient Transport
5.2.1. Emergency
5.2.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.1.3. Market Opportunity Analysis
5.2.2. Non-emergency
5.2.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.2.3. Market Opportunity Analysis
5.2.3. Mental Health Transport
5.2.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3.3. Market Opportunity Analysis
5.2.4. Intensive Care Patient Transport
5.2.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.4.3. Market Opportunity Analysis
5.3. Incubator Transport
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Mobile Treatment Facilities
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Non-medical Transport
5.5.1. Mailroom Services
5.5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.1.3. Market Opportunity Analysis
5.5.2. Event Covers
5.5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.2.3. Market Opportunity Analysis
5.5.3. Medical Repatriation Services
5.5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3.3. Market Opportunity Analysis
5.5.4. Courier Services
5.5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.4.3. Market Opportunity Analysis
6. Global Healthcare Transportation Services Market Forecast, By End-Use Channel, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Medical Centers
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Private Paying Customers
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Hospitals
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Nursing Care Facilities
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Airport Shuttle
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Healthcare Transportation Services Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Region, 2022 – 2028
8. North America Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Medical Products
8.1.1.1. Pharmaceuticals
8.1.1.2. Over the Counter Products
8.1.1.3. Cosmetics
8.1.2. Patient Transport
8.1.2.1. Emergency
8.1.2.2. Non-emergency
8.1.2.3. Mental Health Transport
8.1.2.4. Intensive Care Patient Transport
8.1.3. Incubator Transport
8.1.4. Mobile Treatment Facilities
8.1.5. Non-medical Transport
8.1.5.1. Mailroom Services
8.1.5.2. Event Covers
8.1.5.3. Medical Repatriation Services
8.1.5.4. Courier Services
8.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Medical Centers
8.2.2. Private Paying Customers
8.2.3. Hospitals
8.2.4. Nursing Care Facilities
8.2.5. Airport Shuttle
8.2.6. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Country, 2022 – 2028
8.5. North America Healthcare Transportation Services Market Dynamics – Trends
9. Europe Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Medical Products
9.1.1.1. Pharmaceuticals
9.1.1.2. Over the Counter Products
9.1.1.3. Cosmetics
9.1.2. Patient Transport
9.1.2.1. Emergency
9.1.2.2. Non-emergency
9.1.2.3. Mental Health Transport
9.1.2.4. Intensive Care Patient Transport
9.1.3. Incubator Transport
9.1.4. Mobile Treatment Facilities
9.1.5. Non-medical Transport
9.1.5.1. Mailroom Services
9.1.5.2. Event Covers
9.1.5.3. Medical Repatriation Services
9.1.5.4. Courier Services
9.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Medical Centers
9.2.2. Private Paying Customers
9.2.3. Hospitals
9.2.4. Nursing Care Facilities
9.2.5. Airport Shuttle
9.2.6. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Country, 2022 – 2028
9.5. Europe Healthcare Transportation Services Market Dynamics – Trends
10. Asia-Pacific Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Medical Products
10.1.1.1. Pharmaceuticals
10.1.1.2. Over the Counter Products
10.1.1.3. Cosmetics
10.1.2. Patient Transport
10.1.2.1. Emergency
10.1.2.2. Non-emergency
10.1.2.3. Mental Health Transport
10.1.2.4. Intensive Care Patient Transport
10.1.3. Incubator Transport
10.1.4. Mobile Treatment Facilities
10.1.5. Non-medical Transport
10.1.5.1. Mailroom Services
10.1.5.2. Event Covers
10.1.5.3. Medical Repatriation Services
10.1.5.4. Courier Services
10.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Medical Centers
10.2.2. Private Paying Customers
10.2.3. Hospitals
10.2.4. Nursing Care Facilities
10.2.5. Airport Shuttle
10.2.6. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Country, 2022 – 2028
10.5. Asia-Pacific Healthcare Transportation Services Market Dynamics – Trends
11. Latin America Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Medical Products
11.1.1.1. Pharmaceuticals
11.1.1.2. Over the Counter Products
11.1.1.3. Cosmetics
11.1.2. Patient Transport
11.1.2.1. Emergency
11.1.2.2. Non-emergency
11.1.2.3. Mental Health Transport
11.1.2.4. Intensive Care Patient Transport
11.1.3. Incubator Transport
11.1.4. Mobile Treatment Facilities
11.1.5. Non-medical Transport
11.1.5.1. Mailroom Services
11.1.5.2. Event Covers
11.1.5.3. Medical Repatriation Services
11.1.5.4. Courier Services
11.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Medical Centers
11.2.2. Private Paying Customers
11.2.3. Hospitals
11.2.4. Nursing Care Facilities
11.2.5. Airport Shuttle
11.2.6. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Country, 2022 – 2028
11.5. Latin America Healthcare Transportation Services Market Dynamics – Trends
12. Middle East and Africa Healthcare Transportation Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Medical Products
12.1.1.1. Pharmaceuticals
12.1.1.2. Over the Counter Products
12.1.1.3. Cosmetics
12.1.2. Patient Transport
12.1.2.1. Emergency
12.1.2.2. Non-emergency
12.1.2.3. Mental Health Transport
12.1.2.4. Intensive Care Patient Transport
12.1.3. Incubator Transport
12.1.4. Mobile Treatment Facilities
12.1.5. Non-medical Transport
12.1.5.1. Mailroom Services
12.1.5.2. Event Covers
12.1.5.3. Medical Repatriation Services
12.1.5.4. Courier Services
12.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Medical Centers
12.2.2. Private Paying Customers
12.2.3. Hospitals
12.2.4. Nursing Care Facilities
12.2.5. Airport Shuttle
12.2.6. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Healthcare Transportation Services Market – Opportunity Analysis Index, By Type, By End-Use, and Country, 2022 – 2028
12.5. MEA Healthcare Transportation Services Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, By End-Use & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Logisticare Solutions LLC
13.2.2. ProHealth Care Inc.
13.2.3. Mercy Health Medical Transportation LLC
13.2.4. Molina Healthcare Inc.
13.2.5. Express Medical Transporters Inc.
13.2.6. Aramark Healthcare Technologies LLC
13.2.7. Crothall Healthcare Inc.
13.2.8. MTM Inc.
13.2.9. Acadian Ambulance Service Inc.
13.2.10. Mobile Care Group Inc.
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • 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.e Care Group Inc.

Description

Healthcare Transportation Services Market size is estimated to be valued at USD 82,541.4 Million in 2021 and is poised to grow at a significant CAGR of 4.5% over 2022-2028. Healthcare facilities are in huge demand of reliable, coordinated, and easy transportation of their patients. The healthcare transportation services provide rides across the facilities, patient homes, and anywhere between. Some healthcare transportation service providers also have online and mobile tools that make booking patient rides easy. Based on the end user the market is segmented into medical centers, private paying customers, hospitals, nursing care facilities, airport shuttle, others. The hospital segment anticipated to grow in the forecasting period owing to rising cardiovascular drugs diseases (CVDs) such as cardiac arrest, congestive heart failure, stroke, and coronary artery disease require immediate medical treatment and emergency medical assistance. According to WHO, CVDs are the leading cause of mortality globally, accounting for 31% of all deaths in 2015. Stroke caused 6.7 million deaths, whereas coronary heart disease caused 7.4 million. According to the Centers for Disease Control and Prevention (CDC), around 735,000 heart attacks occur annually in the United States. Heart attacks cause about 200,000 hospital visits every year, or one every three minutes, according to the British Heart Foundation which anticipates to growth of hospital segment in the forecasting market. Increasing geriatric population, rising incidences of chronic diseases, and a rapid increase in awareness regarding transportation services in healthcare are anticipated to propel the growth of market over the forecast years. Moreover, The rising focus on healthcare over the globe is likely to anticipate create healthcare transportation service market opportunities in the coming years.

Key Developments:

In March 2020, Ride-hailing titans Uber and Lyft each launched a suite of new services to address social determinants of health (SDOH).

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