The healthcare transportation services market will grow significantly by the end of 2026
Transportation Services Market: Overview
Services for healthcare transportation are fundamentally concerned with the safe and timely transfer of patients, medical equipment, test specimens, and medicines from one location to the other. They thus contribute to the improvement of the healthcare system's efficiency.
Generally speaking, a healthcare system consists of parts that contribute to research, testing, diagnosing, and treating diseases. The healthcare industry is reliant on the transportation system. Providers of transport services must comply with regulations established by health care organizations, which include having sufficient clinical and field experience to adapt to varying levels of patient acuity and condition. Members of the transport team must work closely with members of the clinical care system and focus on evaluating risk and benefits of transfers. Health care transportation services are available for hospitals, medical centers, nursing care facilities, and airport shuttle needs.
We provide in-depth analyses of key growth dynamics, various factors boosting key segments, recent trends, and the vendor landscape of the global healthcare transportation services market. Study evaluates the impact of technology advancements and emerging deploying models and services expected to impact the market trajectory between 2018 and 2026.
The medical transportation services market has been a victim of a substantial number of patents since the last few years. This sector has a high number of patents, which illustrates the high rate of adoption of technology in this area. It remains a challenge for this market, however, to provide quality emergency services to the mushrooming geriatric population in developed regions. https://topalpha.de/ Further, a lack of investments and limited outreaches of key players may impede the growth of the healthcare transportation services market.
Regulatory bodies in the respective regions are required to periodically service and provide quality checks for ambulances and vehicles used to transport patients and other medical supplies. Routine inspections of the transportation vehicles are time-consuming processes. It will be necessary to have additional vehicles or other substitutes in order to maintain such services. The costs of maintaining the vehicles and air ambulance are also relatively high. These factors are likely to hamper the growth of the market over the forecast period.
Nonetheless, there are a few trends that are set to bode well for the emergence of the global transportation services market for healthcare. An innovative trend is underway worldwide in which drones are being designed to carry defibrillators faster than ambulances to the site of cardiac arrests. Non-medical professionals can also use an AED when carried by drone when no medical professional is available on site. The drones are able to travel to places that are difficult for humans to get to, such as tribal areas and protected areas. These could provide a substantial boost to the market for healthcare transportation services.
Regionally, healthcare transportation services market has been categorized into North America, South America, Asia Pacific, Europe, and the Middle East and Africa. As a result of government spending on healthcare facilities, the Asia Pacific market is expected to grow fastest. In the region, this is a key factor driving the demand for advanced healthcare transportation services.
As the leading market players expand their product portfolio and pursue mergers and acquisitions, they will remain competitive in the global healthcare transportation services market. According to a new partnership announced by American Medical Response and Lyft in March 2017, the two companies will provide non-emergency medical transport services for patients. In October 2016, ATS Healthcare launched coast-to-coast temperature management services with a goal of protecting pharmaceutical shipments.
There are many leading companies in the global healthcare services market, including Xpress Non-Emergency Medical Transportation, Logisticare, American Medical Response, ATS Healthcare Solutions, and DHL Healthcare.
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