Global Non-Emergency Medical Transportation Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Spread the love

Non-emergency medical transportation (NEMT) refers to transportation services provided to individuals who are not in an emergency but require assistance in getting to their medical appointments, pharmacies, or other healthcare services. Non-emergency medical transportation is critical in solving transportation issues experienced by people with medical requirements, providing them with a secure, cost-effective and dependable way to obtain necessary healthcare services.

Sizing and Forecast
The non-emergency medical transportation market size has grown strongly in recent years. It will grow from $8.86 billion in 2023 to $9.72 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%.  The  growth in the historic period can be attributed to aging population, government-funded healthcare programs, private pay patient transportation, focus on patient-centric care, telehealth adoption.

The non-emergency medical transportation market size is expected to see strong growth in the next few years. It will grow to $13.31 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%.  The growth in the forecast period can be attributed to regulatory changes, advancements in medical treatments, rural healthcare access, transportation infrastructure development, community health initiatives. Major trends in the forecast period include technology integration, patient-centric solutions, collaboration with ride-sharing platforms, predictive analytics for demand planning, flexible payment models.

Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/non-emergency-medical-transportation-global-market-report

Segmentation & Regional Insights
The non-emergency medical transportation market covered in this report is segmented –
1) By Type: Courier Services, Insurance Backed Patient Transportation, Private Pay Patient Transportation
2) By Product Type:  Ambulatory Vans, Minivans, Wheelchair-Lift-Equipped Vehicles, Stretcher Vans
3) By Application: Dialysis, Routine Doctor Visits, Mental Health Related Appointments, Rehabilitation, Other Applications
4) By End User: Airport Shuttle, Hospital Medical Laboratories, Nursing Care Facilities

North America was the largest region in the non-emergency medical transportation market in 2023. The regions covered in the non-emergency medical transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13715&type=smp

Major Driver Impacting Market Growth
The rising incidence of chronic diseases is expected to propel the growth of the non-emergency medical transportation market going forward. Chronic diseases are problems that persist for a year or longer and need continuing medical treatment, impede everyday activities, or both. Non-emergency medical transportation for individuals with chronic diseases enables continuous access to medical visits, treatments, and support services, supporting consistent medical care management and enhancing overall health outcomes. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based international resource for the scientific research community, the number of people aged 50 and up with one or more chronic illnesses is expected to increase by 99.5% by 2050, reaching 142.66 million, up from 71.522 million in 2020 in the United States. Therefore, the rising incidence of chronic diseases is driving the non-emergency medical transportation market.

Key Industry Players
Major companies operating in the non-emergency medical transportation market report are Transdev, FirstGroup plc, Lyft Inc., ModivCare Inc, Falck A/S, LogistiCare Solutions LLC, Kinetik, American Medical Response Inc., MTM Inc., Global Medical Response Inc, Crothall Healthcare Inc., Southeastrans Inc, Secure Transportation Company Inc. , Acadian Ambulance Service Inc, Express Medical Transporters Inc., ERS Transition Ltd, Veyo LLC, Medicaid Answering Service LLC, ATS Healthcare Solutions, Ride Health

The non-emergency medical transportation market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →