Press release
Instantaneous healthcare backed by 5G to drive the Non-Emergency Medical Transportation Market at a CAGR of 9%
As of the current year, 2022, the non-emergency medical transportation market share is estimated at US$ 9438.17 Mn. With the growing use of renewable energy, the demand for non-emergency medical transportation is likely to flourish, garnering US$ 22343.58 Mn and exhibiting a 9% CAGR from 2022-2032.Beneficiaries of NEMT services include the elderly, the license-less, the car-less, and the disabled. The rise in individuals aged 65 or over in countries such as Japan and Italy is one of the primary causes for the expansion of the global non-emergency medical transportation market. Perhaps most surprisingly, NEMT is paid for by the U.S. government through the Medicaid program. Medicaid recipients are entitled to one-way and round-trip rides. Having a well-organized NEMT is expected to assist people in getting to their medical appointments on time, reduce the amount of money they must spend on emergency transportation, and prevent them from missing any of their appointments.
Chronic diseases are one of the leading causes of death worldwide, responsible for more fatalities than wars and other causes combined. According to the Centers for Disease Control and Prevention (CDC), an estimated 60% of Americans suffer from at least one chronic illness such as high blood pressure, high cholesterol, diabetes or cancer. Moreover, approximately 38% of all deaths in the US can be attributed to chronic conditions such as heart disease and cancer.
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The World Health Organization estimates that cardiovascular diseases remain the top cause of death globally, with over 17 million deaths reported in 2019 alone. Other common chronic illnesses include stroke, Alzheimer's disease, arthritis and various respiratory conditions such as asthma and COPD. The prevalence of chronic diseases is particularly concerning given their long-term effects on overall health and well-being; these illnesses can impair a person's quality of life for many years before resulting in premature mortality.
Furthermore, certain lifestyle factors have been found to increase an individual's risk for developing a chronic condition. Poor dietary choices, lack of physical activity, smoking and excessive alcohol consumption can all increase a person's chances of developing a chronic illness over time. Fortunately, there are also many preventative measures that can be taken to reduce the risk; eating a balanced diet rich in fruits and vegetables plus getting enough exercise each day can go a long way towards decreasing one's chances of developing a serious or life-threatening chronic condition later on in life.
Companies
ABC Non-Emergency Medical Transportation, LLC
MTM, Inc.
AMR
Xpress Transportation
Southeastrans
ModivCare
Crothall Healthcare Inc.
Elite Medical Transport
Acadian Ambulance Service
Ers Transition Limited
Global Rescue LLC
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Key Segments Covered in the Non-Emergency Medical Transportation Industry Report
Non-Emergency Medical Transportation Industry by Service Type
Private Pay Patient Transportation
Insurance Backed Patient Transportation
Courier Services
Other Services
Non-Emergency Medical Transportation Industry by Application
Dialysis
Routine Doctor Visits
Mental Health Related Appointments
Rehabilitation
Others
Non-Emergency Medical Transportation Industry by Region
North America Market
Europe Market
Asia-Pacific Market
Middle East & Africa Market
South America Market
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