The Business Research Company’s report on the Patient Transport Services Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the patient transport services market?
The rise in road accidents is expected to propel the growth of the patient transport services market going forward. Road accidents refer to an incident involving at least one vehicle on a public road that results in at least one person being hurt or killed. Road accidents require emergency medical transport for non-life-threatening injuries or medical conditions requiring receiving prompt medical attention at a hospital. Medical transportation is also required for individuals who require ongoing care or rehabilitation due to injuries sustained in the accident. For instance, in May 2023, according to the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts, an Australia-based department of the Australian Federal Government, there were 1,194 road crash deaths in 2022, an increase of 5.8% from 2021. Therefore, the rise in road accidents is driving the growth of the patient transport services market.
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How has the patient transport services market size evolved, and what are the latest forecasts for its expansion?
The patient transport services market size has grown strongly in recent years. It will grow from$40.33 billion in 2024 to $44.22 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to increased demographic changes, healthcare access challenges, emergency medical services (EMS) integration, government healthcare policies, and partnerships with healthcare providers
The patient transport services market size is expected to see rapid growth in the next few years. It will grow to “$67.64 billion in 2029 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to telehealth and remote monitoring, population health management, customized transport solutions, home-based care, and global health events preparedness. Major trends in the forecast period include telemedicine integration, fleet modernization, community-based services, personalized patient care, and data-driven logistics.
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Which major companies dominate 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
What trends will shape the future of the passenger security market?
Product Innovation is a key trend gaining popularity in the patient transport services market. Major companies operating in patient transport services market are concentrating their efforts on creating innovative products to sustain position in the market. For Instance, in June 2022, Technimount Medical, a Canada-based emergency medical services (EMS), launched the new Technimount’s THS product line, the Techni-Track, and Techni-Clamp. The Techni-Track is designed with Descending technology that allows adjusting and interchange accessories that provide easier height adjustment and IV bag installation and removal. The Techni-Clamp allows for the quick installation of pumps and other medical devices.
Which region dominates the patient transport services market, and what factors contribute to its leadership?
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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How is the patient transport services market segmented, and which segment holds the largest share?
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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How is the patient transport services market defined?
Patient transport services refer to a type of service that transports patients between medical facilities when it’s not an emergency. Patient transportation services are used to provide secure transportation for patients between hospitals, homes, rehabilitation facilities, and nursing homes.
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