This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The healthcare transportation service market size has grown strongly in recent years. It will grow from $103.25 billion in 2024 to $109.57 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to economic factors and insurance coverage, emphasis on patient experience and comfort, shift towards value-based care models, rise in chronic diseases, urbanization and population density.
The healthcare transportation service market size is expected to see strong growth in the next few years. It will grow to $142.36 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to demand for specialized vehicles, expansion of telehealth services, personalized patient-centric services, rise in chronic conditions, focus on environmental sustainability. Major trends in the forecast period include adaptation to demographic changes, integration of value-based care, diversification of service offerings, community health initiatives, environmental sustainability initiatives.
The rise in accidents is expected to drive the growth of the healthcare transportation service market in the future. An accident refers to an unforeseen and unintended event that results in harm, damage, injury, or loss of life. Healthcare transportation is essential in accidents by providing timely and specialized services to address the medical needs of accident victims. For example, in August 2022, the National Highway Traffic Safety Administration, a US-based federal agency for transportation safety, reported that in the first quarter of 2022, there were about 9,560 fatalities due to motor vehicle crashes in the United States, marking a 7% increase compared to the estimated 8,935 deaths in the first quarter of 2021. Additionally, the fatality rate for the first quarter of 2022 rose to 1.27 fatalities per 100 million vehicle miles traveled, compared to the projected rate of 1.25 fatalities per 100 million vehicle miles in the first quarter of 2021. As a result, the increase in accidents will propel the growth of the healthcare transportation service market.
The growing number of medical appointments is expected to drive the growth of the healthcare transportation service market in the future. Medical appointments refer to scheduled visits between patients and healthcare providers for medical care, treatment, diagnosis, or consultation. These appointments are crucial for healthcare transportation, as they are the primary reason for many patient trips, ensuring that individuals can reach their appointments on time for necessary healthcare services. For example, in February 2023, the National Library of Medicine, a US-based medical library, reported that in 2022, 37.7% of all general practice appointments were scheduled, up from just 10% of consultations scheduled in early 2020. As a result, the increasing number of medical appointments is driving the growth of the healthcare transportation service market.
Major companies in the healthcare transportation service market are adopting innovative strategies, such as the development of AI-powered applications such as DocGo On-Demand. These applications leverage artificial intelligence to enhance efficiency, safety, and the overall patient experience. DocGo Inc. launched DocGo On-Demand in November 2022, offering on-demand medical care to patients in their homes using AI-powered technology. This application, part of the Ambulnz by DocGo Web Requestor platform, enables users to book urgent care house calls, providing convenient and high-quality healthcare services.
In May 2023, CVS Health Corporation, a US-based healthcare company, acquired Oak Street Health for approximately $10.6 billion. This acquisition is part of CVS's strategy to strengthen its primary care capabilities and expand its value-based care offerings, especially for older adults. By incorporating Oak Street Health’s innovative care model into its existing services, CVS aims to enhance healthcare access and delivery. Oak Street Health operates as a network of value-based primary care clinics that primarily serve Medicare patients. Oak Street Health LLC is a US-based healthcare company specializing in providing healthcare transportation services.
Major companies operating in the healthcare transportation service market report are Centene Corporation, Molina Healthcare Inc., DHL International GmbH, ARAMARK Holdings Corp., Lyft Healthcare Inc., ModivCare Solutions LLC, Piedmont Healthcare Inc., Air Methods Corporation, FirstGroup PLC, Blue Star Ltd., Air Medical Group Holdings Inc., Crothall Healthcare Inc., Medical Transportation Management Inc., ProHealth Care Inc., Superior Air-Ground Ambulance Service Inc., ProTransport-1, ATS Healthcare Ltd., Patriot Transportation Holding Inc., Medspeed LLC, SCR Medical Transportation Inc., Acadian Ambulance Service Inc., Ziqitza Healthcare Limited, Medi-Trans Inc., Watts Healthcare Corporation, Midwest Medical Transport Company Llc, Veyo LLC, Ride RoundTrip Inc., Goodfaith Medical Transportation Company Inc., Hope Medical Transport and Training LLC., WellMed Medical Management Inc.
North America was the largest region in the healthcare transportation service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare transportation service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the healthcare transportation service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare transportation service market includes revenues earned by entities by providing services such as stretcher transportation, wheelchair transportation, ambulance transportation, and long-distance healthcare transportation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Healthcare transportation services encompass specialized transportation designed to assist individuals in accessing necessary medical care when conventional transportation is not feasible. These services offer patients various benefits, including affordable emergency transportation, access to crucial medical equipment, enhanced accessibility and convenience, and a high level of safety. These services are particularly tailored to provide greater safety for patients, especially those who are elderly or disabled.
The primary types of healthcare transportation services include medical product transport, patient transport, incubator transport, mobile treatment facilities, and non-medical transport. Medical product transport involves the movement of items, substances, or devices specifically designed for medical diagnosis, treatment, or prevention of diseases and medical conditions. Various modes of transportation, including air transport, water transport, and ground transport, cater to end-users such as hospitals, private paying customers, nursing care facilities, and medical centers.
The healthcare transportation service market research report is one of a series of new reports that provides healthcare transportation service market statistics, including healthcare transportation service industry global market size, regional shares, competitors with a healthcare transportation service market share, detailed healthcare transportation service market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare transportation service industry. This healthcare transportation service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The healthcare transportation service market size has grown strongly in recent years. It will grow from $103.25 billion in 2024 to $109.57 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to economic factors and insurance coverage, emphasis on patient experience and comfort, shift towards value-based care models, rise in chronic diseases, urbanization and population density.
The healthcare transportation service market size is expected to see strong growth in the next few years. It will grow to $142.36 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to demand for specialized vehicles, expansion of telehealth services, personalized patient-centric services, rise in chronic conditions, focus on environmental sustainability. Major trends in the forecast period include adaptation to demographic changes, integration of value-based care, diversification of service offerings, community health initiatives, environmental sustainability initiatives.
The rise in accidents is expected to drive the growth of the healthcare transportation service market in the future. An accident refers to an unforeseen and unintended event that results in harm, damage, injury, or loss of life. Healthcare transportation is essential in accidents by providing timely and specialized services to address the medical needs of accident victims. For example, in August 2022, the National Highway Traffic Safety Administration, a US-based federal agency for transportation safety, reported that in the first quarter of 2022, there were about 9,560 fatalities due to motor vehicle crashes in the United States, marking a 7% increase compared to the estimated 8,935 deaths in the first quarter of 2021. Additionally, the fatality rate for the first quarter of 2022 rose to 1.27 fatalities per 100 million vehicle miles traveled, compared to the projected rate of 1.25 fatalities per 100 million vehicle miles in the first quarter of 2021. As a result, the increase in accidents will propel the growth of the healthcare transportation service market.
The growing number of medical appointments is expected to drive the growth of the healthcare transportation service market in the future. Medical appointments refer to scheduled visits between patients and healthcare providers for medical care, treatment, diagnosis, or consultation. These appointments are crucial for healthcare transportation, as they are the primary reason for many patient trips, ensuring that individuals can reach their appointments on time for necessary healthcare services. For example, in February 2023, the National Library of Medicine, a US-based medical library, reported that in 2022, 37.7% of all general practice appointments were scheduled, up from just 10% of consultations scheduled in early 2020. As a result, the increasing number of medical appointments is driving the growth of the healthcare transportation service market.
Major companies in the healthcare transportation service market are adopting innovative strategies, such as the development of AI-powered applications such as DocGo On-Demand. These applications leverage artificial intelligence to enhance efficiency, safety, and the overall patient experience. DocGo Inc. launched DocGo On-Demand in November 2022, offering on-demand medical care to patients in their homes using AI-powered technology. This application, part of the Ambulnz by DocGo Web Requestor platform, enables users to book urgent care house calls, providing convenient and high-quality healthcare services.
In May 2023, CVS Health Corporation, a US-based healthcare company, acquired Oak Street Health for approximately $10.6 billion. This acquisition is part of CVS's strategy to strengthen its primary care capabilities and expand its value-based care offerings, especially for older adults. By incorporating Oak Street Health’s innovative care model into its existing services, CVS aims to enhance healthcare access and delivery. Oak Street Health operates as a network of value-based primary care clinics that primarily serve Medicare patients. Oak Street Health LLC is a US-based healthcare company specializing in providing healthcare transportation services.
Major companies operating in the healthcare transportation service market report are Centene Corporation, Molina Healthcare Inc., DHL International GmbH, ARAMARK Holdings Corp., Lyft Healthcare Inc., ModivCare Solutions LLC, Piedmont Healthcare Inc., Air Methods Corporation, FirstGroup PLC, Blue Star Ltd., Air Medical Group Holdings Inc., Crothall Healthcare Inc., Medical Transportation Management Inc., ProHealth Care Inc., Superior Air-Ground Ambulance Service Inc., ProTransport-1, ATS Healthcare Ltd., Patriot Transportation Holding Inc., Medspeed LLC, SCR Medical Transportation Inc., Acadian Ambulance Service Inc., Ziqitza Healthcare Limited, Medi-Trans Inc., Watts Healthcare Corporation, Midwest Medical Transport Company Llc, Veyo LLC, Ride RoundTrip Inc., Goodfaith Medical Transportation Company Inc., Hope Medical Transport and Training LLC., WellMed Medical Management Inc.
North America was the largest region in the healthcare transportation service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare transportation service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the healthcare transportation service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare transportation service market includes revenues earned by entities by providing services such as stretcher transportation, wheelchair transportation, ambulance transportation, and long-distance healthcare transportation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Healthcare transportation services encompass specialized transportation designed to assist individuals in accessing necessary medical care when conventional transportation is not feasible. These services offer patients various benefits, including affordable emergency transportation, access to crucial medical equipment, enhanced accessibility and convenience, and a high level of safety. These services are particularly tailored to provide greater safety for patients, especially those who are elderly or disabled.
The primary types of healthcare transportation services include medical product transport, patient transport, incubator transport, mobile treatment facilities, and non-medical transport. Medical product transport involves the movement of items, substances, or devices specifically designed for medical diagnosis, treatment, or prevention of diseases and medical conditions. Various modes of transportation, including air transport, water transport, and ground transport, cater to end-users such as hospitals, private paying customers, nursing care facilities, and medical centers.
The healthcare transportation service market research report is one of a series of new reports that provides healthcare transportation service market statistics, including healthcare transportation service industry global market size, regional shares, competitors with a healthcare transportation service market share, detailed healthcare transportation service market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare transportation service industry. This healthcare transportation service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Healthcare Transportation Service Market Characteristics3. Healthcare Transportation Service Market Trends and Strategies4. Healthcare Transportation Service Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Healthcare Transportation Service Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Healthcare Transportation Service Market34. Recent Developments in the Healthcare Transportation Service Market
5. Global Healthcare Transportation Service Growth Analysis and Strategic Analysis Framework
6. Healthcare Transportation Service Market Segmentation
7. Healthcare Transportation Service Market Regional and Country Analysis
8. Asia-Pacific Healthcare Transportation Service Market
9. China Healthcare Transportation Service Market
10. India Healthcare Transportation Service Market
11. Japan Healthcare Transportation Service Market
12. Australia Healthcare Transportation Service Market
13. Indonesia Healthcare Transportation Service Market
14. South Korea Healthcare Transportation Service Market
15. Western Europe Healthcare Transportation Service Market
16. UK Healthcare Transportation Service Market
17. Germany Healthcare Transportation Service Market
18. France Healthcare Transportation Service Market
19. Italy Healthcare Transportation Service Market
20. Spain Healthcare Transportation Service Market
21. Eastern Europe Healthcare Transportation Service Market
22. Russia Healthcare Transportation Service Market
23. North America Healthcare Transportation Service Market
24. USA Healthcare Transportation Service Market
25. Canada Healthcare Transportation Service Market
26. South America Healthcare Transportation Service Market
27. Brazil Healthcare Transportation Service Market
28. Middle East Healthcare Transportation Service Market
29. Africa Healthcare Transportation Service Market
30. Healthcare Transportation Service Market Competitive Landscape and Company Profiles
31. Healthcare Transportation Service Market Other Major and Innovative Companies
35. Healthcare Transportation Service Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Healthcare Transportation Service Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on healthcare transportation service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for healthcare transportation service? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare transportation service market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Medical Product; Patient Transport; Incubator Transport; Mobile Treatment Facilities; Non-Medical Transport2) By Mode Of Transportation: Air Transport; Water Transport; Ground Transport
3) By End User: Hospitals; Private Paying Customers; Nursing Care Facilities; Medical Centers
Subsegments:
1) By Medical Product: Transportation Of Pharmaceuticals; Transportation Of Medical Devices; Transportation Of Laboratory Specimens2) By Patient Transport: Emergency Medical Transport; Non-Emergency Patient Transport; Air Ambulance Services; Ground Ambulance Services
3) By Incubator Transport: Neonatal Transport Incubators; Pediatric Transport Incubators
4) By Mobile Treatment Facilities: Mobile Clinics; Field Hospitals; Mobile Surgical Units
5) By Non-Medical Transport: Transport Of Medical Staff; Logistics For Healthcare Facilities; Transport Of Equipment And Supplies
Key Companies Mentioned: Centene Corporation; Molina Healthcare Inc.; DHL International GmbH; ARAMARK Holdings Corp.; Lyft Healthcare Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Healthcare Transportation Service market report include:- Centene Corporation
- Molina Healthcare Inc.
- DHL International GmbH
- ARAMARK Holdings Corp.
- Lyft Healthcare Inc.
- ModivCare Solutions LLC
- Piedmont Healthcare Inc.
- Air Methods Corporation
- FirstGroup plc
- Blue Star Ltd.
- Air Medical Group Holdings Inc.
- Crothall Healthcare Inc.
- Medical Transportation Management Inc.
- ProHealth Care Inc.
- Superior Air-Ground Ambulance Service Inc.
- ProTransport-1
- ATS Healthcare Ltd.
- Patriot Transportation Holding Inc.
- Medspeed LLC
- SCR Medical Transportation Inc.
- Acadian Ambulance Service Inc.
- Ziqitza Healthcare Limited
- Medi-Trans Inc.
- Watts Healthcare Corporation
- Midwest Medical Transport Company Llc
- Veyo LLC
- Ride RoundTrip Inc.
- Goodfaith Medical Transportation Company Inc.
- Hope Medical Transport and Training LLC.
- WellMed Medical Management Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 109.57 Billion |
Forecasted Market Value ( USD | $ 142.36 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |