
Europe Non-Emergency Medical Transportation Market
No. of Pages: 104 | Report Code: BMIRE00027676 | Category: Life Sciences
No. of Pages: 104 | Report Code: BMIRE00027676 | Category: Life Sciences
The Europe non-emergency medical transportation market is expected to grow from US$ 1,627.96 million in 2022 to US$ 2,714.95 million by 2028. It is estimated to grow at a CAGR of 8.9% from 2022 to 2028.
Rising Incidence of Chronic Diseases Fuels Non-Emergency Medical Transportation Market Growth in Europe
Apart from worrying about the recurring medical expenses of patients suffering from chronic diseases, family members also need to be proactive in arranging transportation in emergencies, as these patients require regular access to life-saving health services to remain fit. While some might need therapies on daily basis, many visit their physicians for weekly consultations. Moreover, several chronic diseases can result in temporary or permanent immobility. Arranging a separate car may not be possible, especially for families belonging to low-income groups, who do not own any vehicle. In such cases, NEMT proves to be of great help to people. One missed appointment can lead to an emergency admission to the hospital. The availability of NEMT has proven to be a boon for such patients. The easy availability of NEMT offers individuals affected by chronic conditions access to life-sustaining treatments and health care services without delay. NEMT is a reliable way to go to appointments without facing hindrances related to transportation.
Market Overview
The non-emergency medical transportation market growth in Europe is attributed to factors such as the rising prevalence of cancer and other chronic diseases; an increase in geriatric and physically challenged populations; and the rising prevalence of chronic diseases such as cardiovascular diseases, cancer, and kidney diseases. Germany has been at the forefront of the fight against mental illnesses, and it has prioritized the mental well-being of all Germans since the 1990s. The country has established ways to determine and treat mental illness in citizens. The rates of mental illness in Germany are similar to other developed nations, with ~31% of people diagnosed with at least one mental illness. Like most developed nations, depression and anxiety rank the highest among adults, but people begin developing these conditions in their young age. Surveys conducted by DAK, a German health insurance company, revealed that 24% of 800,000 tested children had some sort of psychological anomaly. However, less than 2% of those tested between the ages of 10 and 17 were diagnosed with depression. According to the German Federal Statistical Office, at the end of 2021, ~7.8 million severely disabled people were living in Germany. Therefore, the rise in the prevalence of mental and other disorders in countries such as Germany is bolstering the demand for non-emergency medical transportation services, thereby contributing to the market growth in Europe.
Europe Non-Emergency Medical Transportation Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Europe Non-Emergency Medical Transportation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Non-Emergency Medical Transportation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Non-Emergency Medical Transportation Strategic Insights
Europe Non-Emergency Medical Transportation Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,627.96 Million
Market Size by 2028
US$ 2,714.95 Million
Global CAGR (2022 - 2028)
8.9%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Service Type
By Application
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Non-Emergency Medical Transportation Regional Insights
Europe Non-Emergency Medical Transportation Market Segmentation
The Europe non-emergency medical transportation market is segmented on the basis of service type, application, and country.
Based on service type, the market is segmented into private pay patient transportation, insurance-backed patient transportation, courier services, and other services. The private pay patient transportation segment registered the largest market share in 2022.
In terms of application, the Europe non-emergency medical transportation market is segmented into dialysis, routine doctor visits, mental health-related appointments, rehabilitation, and others. The mental health-related appointments segment held the largest market share in 2022.
Based on country, the market is segmented into Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the market share in 2022.
ERS Transition Ltd; GLOBAL RESCUE LLC.; London Medical Transportation Systems; and FirstGroup plc. are the leading companies operating in the non-emergency medical transportation market in Europe.
The Europe Non-Emergency Medical Transportation Market is valued at US$ 1,627.96 Million in 2022, it is projected to reach US$ 2,714.95 Million by 2028.
As per our report Europe Non-Emergency Medical Transportation Market, the market size is valued at US$ 1,627.96 Million in 2022, projecting it to reach US$ 2,714.95 Million by 2028. This translates to a CAGR of approximately 8.9% during the forecast period.
The Europe Non-Emergency Medical Transportation Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Non-Emergency Medical Transportation Market report:
The Europe Non-Emergency Medical Transportation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Non-Emergency Medical Transportation Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Non-Emergency Medical Transportation Market value chain can benefit from the information contained in a comprehensive market report.