Press release
Global Patient Transport Services Market Projected to Surpass $67.64 Billion by 2029 with 11% Annual Growth
Patient Transport Services Market Size
The escalating number of road mishaps is anticipated to stimulate the expansion of the patient transport services market in the future. Road mishaps are defined as an event that involves at least one automobile on a public route leading to at least one individual being injured or killed. Such incidents necessitate emergency medical conveyance for non-critical injuries or health conditions that require immediate medical response in a healthcare facility. Moreover, medical transit is essential for individuals needing continuous care or rehabilitation due to injuries from the mishap. For example, in May 2023, per the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts- a department of the Australian Federal Government based in Australia, there were 1,194 fatalities from road accidents in 2022, indicating a 5.8% hike since 2021. Consequently, the increasing number of road mishaps is fueling the expansion of the patient transport services market.
Get Your Patient Transport Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/patient-transport-services-global-market-report
What is the future CAGR of the patient transport services market, and how will it impact industry expansion?
In recent times, there has been robust growth in the size of the patient transport services market. The market, which is slated to increase from $40.33 billion in 2024 to $44.22 billion in 2025, will witness a compound annual growth rate (CAGR) of 9.7%. Factors such as demographic shifts, hurdles in healthcare accessibility, integration of emergency medical services (EMS), government policies related to healthcare, and collaborations with healthcare providers have all contributed to the growth in the past.
Anticipated swift expansion in the coming years is set to elevate the patient transport services market size to an estimated "$67.64 billion by 2029, with a compound annual growth rate (CAGR) of 11.2%. The surge in this predicted timeframe can be linked to telehealth and remote tracking, management of population health, bespoke transport options, home-oriented care, and readiness for worldwide health occurrences. Key tendencies during the forecast period encompass integration of telemedicine, modernization of fleets, community-focused services, patient-centric care, and logistics steered by data.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10214&type=smp
What are the most significant trends transforming the patient transport services market today?
The trend of product innovation is picking up traction in the patient transport services market. Predominant companies in this market are focusing on fabricating innovative products to maintain their market standing. For instance, in June 2022, Technimount Medical, an EMS company based in Canada, unveiled its new Technimount's THS product line which includes the Techni-Track and Techni-Clamp. The Techni-Track utilizes Descending technology which facilitates adjustments and interchanging of accessories for more simple height alteration and IV bag placement and removal. The Techni-Clamp provides a swift installation process for pumps and various medical devices.
Which key market segments comprise the patient transport services market and drive its revenue growth?
The patient transport services market covered in this report is segmented -
1) By Transport Vehicle: Ground Ambulance, Air Ambulance, Water Ambulance
2) By Equipment Type: Advanced Life Support (ALS) Patient Transport Service, Basic Life Support (ALS) Patient Transport Service
3) By Application: Emergency, Non-Emergency
4) By End-Users: Hospitals, Medical Centers, Retirement Communities, Hospice Care Facilities, Private Paying Customers, Nursing Care Facilities
Subsegments:
1) By Ground Ambulance: Basic Life Support (BLS) Ambulance, Advanced Life Support (ALS) Ambulance, Non-Emergency Medical Transport (NEMT)
2) By Air Ambulance: Helicopter Ambulance, Fixed-Wing Air Ambulance
3) By Water Ambulance: Coastal Water Ambulance, Inland Water Ambulance
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10214
What regions are at the forefront of patient transport services market expansion?
North America was the largest region in the patient transport services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient transport services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the patient transport services market?
Major companies operating in the patient transport services market include Envision Healthcare, Acadian Ambulance Service, Falck A/S, Air Methods Corporation, American Ambulance Service Inc., Air Medical Group, First Ambulance, National Patient Transport pty. Ltd., Express Medical Transporters, North West Ambulance Service, RNR Patient Transfer Services Inc., South Central Ambulance Service, Medivic Pharmaceutical Pvt. Ltd., London Ambulance Service, America Patient Transport Services Inc., ATS Healthcare Solutions, Xpress Non-Emergency Medical Transportation, PHI Air Medical, Babcock Scandinavian Air Ambulance, Lifeguard Air Ambulance, Air Ambulance Worldwide, REVA Air Ambulance, Jet Rescue Air Ambulance, AeroCare Medical Transport System, AirCARE1 International, AirMed International, Angel MedFlight Worldwide Air Ambulance, Global Air Ambulance, IAS Medical Limited, Medical Air Service, Native Air
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10214&type=smp
What Is Covered In The Patient Transport Services Global Market Report?
• Market Size Forecast: Examine the patient transport services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the patient transport services market for a structured understanding.
• Key Players Overview: Analyze major players in the patient transport services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the patient transport services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the patient transport services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the patient transport services market.
• Industry Challenges: Identify potential risks and obstacles affecting the patient transport services market.
• Competitive Landscape: Review strategic developments in the patient transport services market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Patient Transport Services Market Projected to Surpass $67.64 Billion by 2029 with 11% Annual Growth here
News-ID: 3893793 • Views: …
More Releases from The Business Research Company
Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Diamond Market Through 2025?
In the past few years, there has been a stable expansion in the diamond market size. The prediction is it will increase from $1.33 billion in 2024 to $1.39 billion in 2025, boasting a compound annual growth rate…
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Dri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Nonmetallic Minerals Mining Support Activities Industry Market Size Be by 2025?
In the past few years, there has been a robust expansion in the size of the nonmetallic minerals mining support activities market. It is projected to escalate from $34.04 billion in 2024 to $36.55 billion…
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.1 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Professional Street Sweeper Market Size By 2025?
The market size of professional street sweepers has seen significant expansion in the past few years. The market, predicted to rise from $2.37 billion in 2024 to $2.5 billion in 2025, boasts a compound annual growth rate (CAGR)…
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtrati …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Industrial Wet Dust Collector Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a robust growth in the size of the industrial wet dust collector market. It is expected to swell from $1.89 billion in 2024 to $2 billion by 2025, showing a…
More Releases for Ambulance
Ambulance Services Market to See Strong Investment Opportunity| BVG India, Lifeg …
Advance Market Analytics published a new research publication on "Ambulance Services Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Ambulance Services market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Air Ambulance Market 2023 Growth Analysis and Industry Segmentation - Acadian Am …
Fior Markets has just released a new market research study named Global Air Ambulance Market 2023 that incorporates an outline and profound investigation of variables that are considered to have a more noteworthy impact over the future course of the market from 2023 to 2032. The report contains a comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are…
Air Ambulance Services Market Growth Accelerated by Healthy CAGR, Upcoming Trend …
Air ambulance services denote the rescue or transportation facilities at the incident scene, hospital, or home provided to patients in emergency situations. Air ambulances are well fitted with creative and specialized medical facilities, which include equipment and instruments used in serious situations to provide the patient with urgent clinical care before they enter the nearest hospital.
Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-61798?utm_source=openPR/Radhika
Company profiled in this report based on Business…
Air Ambulance Services Market Comprehensive Study and Growth Analysis by 2028 | …
The research study presented in this report provides a comprehensive and insightful overview of the market, segmentation, dynamics and geographic development of the Global Air Ambulance Services Market. The research study is designed using in-depth qualitative and quantitative analysis of the global market for Air Ambulance Services.
Click here to get sample of the premium report: https://www.quincemarketinsights.com/request-sample-61798?utm_source=hp&utm_medium=openPR&utm_campaign=hp
The air ambulance services market report presents an in-depth assessment of the offering of…
Air Ambulance Services Market to 2025 -IAS Medical, Express Aviation Services, L …
The Insight Partners syndicated research service provides complete solution to the client requirements through their experienced analyst team. Air Ambulance Services Market Research report provides in-depth analysis on the topic and discuss drivers, restraints and opportunities available in the market. The service is designed to help our clients in their decision support system. The analysis also cover the complete spectrum of the research topic to help our clients meeting their…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
