Emerging Patient Transport Services Market Trends: Product Innovation Drives Patient Transport Services Market Shaping the Future of the Industry

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Patient Transport Services Market Size Growth Forecast: What to Expect by 2025?
The size of the market for patient transport services has noticeably expanded over the past few years. This market is set to expand from $40.33 billion in 2024 to $44.22 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this growth in the previous span include demographic shifts, challenges in accessing healthcare, integration of emergency medical services (EMS), governmental policies related to healthcare, and collaborations with healthcare providers.

How Will the Patient Transport Services Market Size Evolve and Grow by 2029?
In the coming years, the market size for patient transport services is anticipated to expand significantly, reaching "$67.64 billion by 2029 with a compound annual growth rate (CAGR) of 11.2%. The boom in the market during the forecast period will be driven by factors such as the advent of telehealth and remote monitoring, management of population health, personalized transport services, home-care services, and readiness for worldwide health events. Key trends that will shape the forecast period include the incorporation of telemedicine, fleet upgrading, community-oriented services, individualized patient care and logistics based on data.

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What Drivers Are Propelling the Growth of Patient Transport Services Market Forward?
The growth of the patient transport services market is anticipated to be driven by the increasing number of road accidents. A road accident is an incident that occurs on a public road involving at least one vehicle, resulting in injury or death to at least one individual. These accidents often necessitate emergency medical transport to hospitals for immediate attention to non-critical conditions or injuries. Furthermore, continuous medical transport is required for individuals needing prolonged care or rehabilitation due to accident-related injuries. For example, the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, an Australia-based branch of the Australian Federal Government, reported that in 2022 there were 1,194 fatalities resulting from road crashes, reflecting a 5.8% increase from the previous year. As a result, the surge in road mishaps contributes to the expansion of the patient transport services market.

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Which Emerging Trends Are Transforming the Patient Transport Services Market in 2025?
Product innovation is a rising trend in the patient transport services market. In June 2022, Canada-based Technimount Medical introduced the Techni-Track and Techni-Clamp as part of its THS product line. These solutions support easier height adjustments and IV bag handling, while enabling rapid installation of pumps and other medical equipment to enhance EMS efficiency.

What Are the Key Segments in the Patient Transport Services Market?
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

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Who Are the Key Players Shaping the Patient Transport Services Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth in the Patient Transport Services Market?
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

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