According to a recent market study published by Growth Market Reports, titled, “Mobile Health Vehicle Market by Product, by Application, and by Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at US$ 217.8 Million in 2021 and is expected to expand at a growth rate of 5.9% by 2030.

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Mobile health vehicles refer to those vehicles, which are customized with medical equipment to provide health services in various communities. Mobile medical vehicles facilitate access to public healthcare, particularly for people living in remote, difficult, under-served, and unreachable areas. These vehicles are staffed with health professionals to enforce disease prevention, as well as improve access to healthcare at reduced costs. These vehicles act as an alternative to providing adequate medical services.

The Mobile Health Vehicle market has been fragmented based on product application, and region. By product, the Global Mobile Health Vehicle Market is categorized as van, truck, car, and others. By application, the market is segmented as Mobile Clinics, Mobile Hospital Facilities, Mobile Blood Bank, Mobile Patient Ward Facilities, Mobile Pharmacy Facilities, Others. Considering regions, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges. However, the COVID-19 outbreak has severe negative impact on the Mobile Health Vehicle, due to the lack of a defined line of production chain during the pandemic. The pandemic disrupted various businesses and supply chains. The production chain for these health vehicles was somewhat reduced. Manufacturing units were not even operating at 50% capacity, owing to COVID-19 restrictions.

As per Growth Market Reports industry analyst, Ruchika Sharma, “The expanding healthcare and initiatives by the government to develop a strong healthcare system in underdeveloped areas are expected to contribute to the growth of the Global Mobile Health Vehicle Market. Increasing investments from key market players due to rising focus on product innovations are expected to trigger the demand for Mobile Health Vehicle in the coming years. Demand for Mobile Health Vehicle is projected to grow in the coming years, due to rising number of patients suffering from various diseases in the rural areas.”

A supply chain is a network between manufacturers and suppliers to produce and distribute a specific product to the final buyers. This network includes different people, regulatory bodies, entities, information, and resources. Entities in the supply chain include raw material suppliers, manufacturers, logistics, warehouses, pharmacies, finance, distributors, and customers. Supply chain management is an essential part of any business. If the supply chain of Mobile Health Vehicle is hampered, the patients suffering from chronic ailments are not treated on time in the underdeveloped regions, which is a result of poor healthcare system.

Key Takeaways from the Study

  • Players in the Global Mobile Health Vehicle Market include LDV, Matthews Specialty Vehicles, Magnum Mobile Speciality Vehicles, ADI Mobile Health, Mobile Healthcare Facilities LLC, Odulair LLC, Legacy Transportation Services, Craftsmen Industries, Inc, Toutenkamion Group, Medical Coachesheld, Mobile Specialty Vehicles, Neat Vehicles Ltd, Imagi-Motive held a major market share of the Mobile Health Vehicle market in 2021.
  • Rising number of road accidents and patients suffering from diseases are contributing to the growth of the Global Mobile Health Vehicle Market.
  • In terms of product, the Global Mobile Health Vehicle Market is categorized as van, truck, car, and others. The van segment is projected to expand at a significant CAGR during the forecast period, as Mobile health vans operate as independent entities providing primary or preventative care.
  • Based on application, the Global Mobile Health Vehicle Market is categorized as Mobile Clinics, Mobile Hospital Facilities, Mobile Blood Bank, Mobile Patient Ward Facilities, Mobile Pharmacy Facilities, and Others. The mobile clinics segment is projected to hold a significant share of the market during the forecast period, as Mobile clinics offer flexible and viable options for treating isolated and vulnerable groups as well as newly displaced populations.
  • In terms of regions, the Global Mobile Health Vehicle Market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America is projected to account for a significant share of the Mobile Health Vehicle market during the forecast period, owing to the growing healthcare industry and rising government initiatives to make healthcare accessible, thus increasing the demand for mobile clinics in the region. Key market players are focused on boosting the production of medical vehicles, which is propelling the market in North America.

Report Scope

Report Metric

Details

Market Value in 2021

US$ 217.8 Million

Market Growth Rate (from 2022 to 2030)

5.9 %

Historical Data

2015 & 2020

Base Year

2021

Forecast Period

2022 – 2030

Units Considered

Value (US$ Million)

Market Segments

By product, By Application, and by region

Key Companies Profiled

LDV, Matthews Specialty Vehicles, Magnum Mobile Speciality Vehicles, ADI Mobile Health, Mobile Healthcare Facilities LLC, Odulair LLC, Legacy Transportation Services, Craftsmen Industries, Inc, Toutenkamion Group, Medical Coachesheld, Mobile Specialty Vehicles, Neat Vehicles Ltd, Imagi-Motive

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet research requirements

Target Audience

  • Supply-side: Manufacturers and distributors
  • Demand Side: Healthcare industry and pharmaceutical industry
  • Regulatory Side: Concerned government authorities and other approved regulatory bodies