Medical Transport Services Market Dynamics & Strategic Pathways

Medical Transport Services Market Growth, Innovation & Investment Trends

The medical transport services market is projected to reach USD 107.93 billion by 2034, expanding from USD 53.81 billion in 2025, at an annual growth rate of 8.04% during the forecast period from 2025 to 2034.

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Introduction

The medical transport services market is a crucial branch of the healthcare industry. This industry deals in providing emergency medical transport services to people around the world. There are several types of services provided by this sector consisting of medical products, incubator transport, mobile treatment, patient transport and some others. These services are operated using numerous modes of transportation comprising of air transport, water transport and ground transport. It finds various application in hospitals, private paying customers, nursing care facilities and medical centers. The growing incidences of cancer and CVDs in different parts of the world has contributed to the industrial expansion. This market is expected to grow significantly with the rise in the automotive sector across the globe.

• According to the American Cancer Society, in 2024, there were around 1029080 cases of cancer among male and 972060 cases among female in the U.S.

Highlights of the Medical Transport Services Market

• North America held the dominant share of the medical transport services market due to the rise in number of private hospitals in this region.
• Asia Pacific is expected to grow with a significant CAGR due to the increasing prevalence of chronic diseases in this region.
• The medical products segment dominated the market due to the growing demand for medical products across the world.
• The hospitals segment led the market due to the rising investment by government for developing the hospital infrastructure.

Medical Transport Services: Figures and Stats

• According to the NHS Providers Organization, there were around 413200 ambulance handovers during November 2024.
• According to the China Vehicle Organization, around 5287 ambulances were sold in China during the first 7 months of 2024.
• According to the ST. John Ambulance Organization, there were around 769 ambulances operating in Australia during 2023-24.
• According to the American Action Forum, about 550,000 patients use air ambulance services every year in the United States.

Industry Leader Announcement

In November 2024, Prabhdeep Singh, the Founder and CEO, Red.Health announced that,” Salus EMS is our answer to the inefficiencies we’ve seen in emergency medical transport, We are making sure that every second during patient transport is optimized to save lives. With AI to simplify communication, automate care records, and enable real-time video consultations, we are setting a new standard for emergency care in India. With the introduction of Salus EMS, we remain at the forefront of healthcare innovation. It represents patient-centered, AI-driven emergency care of the future, as the need for more dependable, real-time solutions increases over time.”

Regional Insights

North America dominated the medical transport services market. The growing incidences of chronic diseases has boosted the market growth in this region. Also, the presence of several ambulance providers along with large network of private hospitals is contributing significantly to the overall industrial expansion.

In North America, the U.S. and Canada are the major contributors of this industry. In U.S., the market is driven by the rising adoption of EVs in this country. In Canada, the market is driven by the increased consumer preference for residential EV chargers.

Competitive Landscape

The medical transport services market is a highly competitive industry with the presence of various dominant players. Some of the prominent companies of this industry comprises of Global Medical Response, Envision Healthcare, Acadian Ambulance Service, Falck Denmark A/S, Air Medical Group Holdings Inc, London Ambulance Service NHS Trust,  American Medical Response (AMR) and some others. These market players are constantly engaged in providing superior transportation services for healthcare sector and adopting several strategies to sustain their dominant position in this industry.

• According to the annual report of Falck, the revenue of the company in 2023 was 11913 DKK million in 2023 that increased to 12134 DKK million in 2024.

Market Segmentations

By Type

• Medical Products
• Incubator Transport
• Mobile Treatment
• Patient Transport

By Application

• Hospitals Private
• Paying Customers
• Nursing Care Facilities
• Medical Centers

By Mode of Transportation

• Air Transport
• Water Transport
• Ground Transport

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa