Mobile Health Vehicle Market

Mobile Health Vehicle Market

  • HC-5317
  • 4.2 Rating
  • 284 Pages
  • 22-04-2023
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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

Mobile Health Vehicle Market Outlook

The global mobile health vehicle market size was estimated at USD 217.8 Million in 2021 and is anticipated to reach USD 365.8 Million by 2030, expanding at a CAGR of 5.9% during the forecast period, 2022-2030.

Mobile health vehicles are longstanding community-based service delivery models that fill gaps in healthcare delivery and reach under-resourced populations in both urban and rural areas. Mobile healthcare reduces appointment times and enables quick medical attention on-site for the elderly and other emergency patients.

Mobile Health Vehicle Market Market Outlook

MHV aims to provide a range of preventive, promotive, and curative services. The governments of underdeveloped countries have sanctioned the deployment of mobile medical vehicles (MMV) to provide better healthcare to rural and underserved areas.

Mobile Health Vehicle Market Macro-economic Factors

Growing demand for Mobile Health Vehicle

Mobile health vehicles are growing in demand, as they provide service in remote areas and are cost-effective service. The inequalities and social barriers to the delivery of healthcare in many countries and regions are other factors driving the demand for mobile health vehicles.

In the next five to ten years, the need for manufacturing high-performance mobile clinics due to the growing prevalence of chronic diseases is expected to create high demand for mobile health vehicles.

R&D Activities

Increasing investments from key market players for R&D activities and a rising focus on product innovations are expected to drive the mobile health vehicle market in the coming years. Key market players majorly focus on mobile clinic vehicles to meet the demand for healthcare services, such as dental, ophthalmic, mammography, and other services. Companies are focusing on research and development to develop a technologically advanced vehicle to gain a competitive edge.

Mobile Health Vehicle Market Dynamics

Major Drivers

Rising Burden of Chronic Diseases and Emergency Cases

The top conditions contributing to mortality and morbidity in high-income countries (HIC) include ischemic heart disease (IHD), stroke, lung cancer, depression, diabetes, and back and neck pain. The increasing burden of chronic diseases has made their prevention and management a global priority.

Thus, constantly rising incidences of chronic diseases is anticipated to boost the global mobile health vehicle market. Moreover, increasing number of emergency cases is expected to fuel the market in coming years.

Cost-effective Services

Mobile health vehicles provide health services for the people at risk, enforce disease prevention, and improve access to chronic health management at reduced costs. The cost per patient visit for all mobile vehicle clinic service types ranges from USD 65 to USD 530 and it appears to be considerably less than those reported for fixed clinic services. Mobile health vehicles are effective in providing the same healthcare services provided in stationary healthcare facilities.

Existing Restraints

The expansion for the mobile health vehicles market is restrained by a limited patient catering capacity. Mobile clinics mostly accommodate a limited range of patients, tools, and therapeutic choices. Mobile clinics are unable to meet the needs for a sizable population.

Additionally, only a limited number of equipment and treatment choices are available at these clinics, and they are unable to handle a wide spectrum of medical conditions. In the coming years, these limitations are projected to limit the expansion of the global market.

Emerging Opportunities

Autonomous mobile clinics are self-driving vehicles with telemedicine capabilities, medical diagnostic equipment, and artificial intelligence (AI) software can carry out some of the duties of medical professionals, such as disease screening and fundamental diagnostics. Thus, vehicle advancements in mobile clinics are expected to create opportunities during the forecast period.

Scope of Mobile Health Vehicle Market Report  

The report on the Global Mobile Health Vehicle Market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Mobile Health Vehicle Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2015–2020

Forecast Period

2022–2030

Segmentation

Product (Van, Truck, Car, and Others), Application (Mobile Clinics, Mobile Hospital Facilities, Mobile Blood Bank, Mobile Patient Ward Facilities, Mobile Pharmacy Facilities, Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

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

Mobile Health Vehicle Market Segment Insights

Product Segment Analysis

Based on Product, the Mobile Health Vehicle market is segmented into Van, Truck, Car, and Others. The truck segment accounted for a significant market share during the forecast period. Mobile health truck is a widely used vehicle for providing various kinds of health services. Many trucks are customized for particular services, such as dentistry, ophthalmic care, surgery, or imaging.

A mobile clinic is built on a 30-foot truck chassis (the base frame of the truck) with two examination rooms, a reception room, and a bathroom. It has two-wheel or six-wheel drive, depending on whether it is driven on unpaved roads or to rural locations. Mobile health trucks have become reliable tools for health systems to cater to a large proportion of the population. These are major factors that are projected to boost the segment during the forecast period.

Mobile Health Vehicle Market Product

Application Segment Analysis

Based on application, the Mobile Health Vehicle market is categorized Mobile Clinics, Mobile Hospital Facilities, Mobile Blood Bank, Mobile Patient Ward Facilities, Mobile Pharmacy Facilities, Others. The mobile clinics segment is projected to hold a large market share.

Mobile clinics are engaged in the prevention, treatment, and management of chronic illnesses and these clinics are widely used across various regions. Mobile clinics provide return on investment through avoidance of emergency rooms, reduced length of stay in hospitals, and improved management of chronic diseases.

Mobile Health Vehicle Market Application

Regional Analysis

The market is divided into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The market in North America is projected to expand at a significant CAGR during the forecast period. North America is estimated to maintain its dominance in the market during the forecast period, due to increasing demand for Mobile Health Vehicle from underdeveloped areas in the region.

Europe is expected to hold a substantial market share during the forecast period, owing to the increasing applications of mobile medical vehicles, such as ophthalmic services, dental treatment, and diagnosis.

The market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period, due to the rising demand for mobile health vehicles in the healthcare industry. China, India, and Japan hold a significant share of the market in the region.

Mobile Health Vehicle Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Mobile Health Vehicle Market
  • Historical, Current, and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints, and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Mobile Health Vehicle Market Performance

Segments

Product

  • Van
  • Truck
  • Car
  • Others

Application

  • Mobile Clinics
  • Mobile Hospital Facilities
  • Mobile Blood Bank
  • Mobile Patient Ward Facilities
  • Mobile Pharmacy Facilities
  • Others

Region

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

Key Market Players Profiled in the Report

  • 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

Competitive Landscape

Key players in the 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.

Market players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion, which is creating opportunities in the Mobile Health Vehicle market.

Mobile Health Vehicle Market Key Players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Health Vehicle Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Mobile Health Vehicle Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Mobile Health Vehicle Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Mobile Health Vehicle Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Mobile Health Vehicle Market Size & Forecast, 2015-2030
      4.5.1 Mobile Health Vehicle Market Size and Y-o-Y Growth
      4.5.2 Mobile Health Vehicle Market Absolute $ Opportunity
   4.6 Technology Outlook
   4.7 Current & Future Trends
   4.8 Global Medical Car Market Overview
   4.9 Demographic Analysis for Diseases- By Country
   4.10 Regulatory Parameters for Mobile Health Vehicles- By Country
   4.11 Recent Government Initiatives for Mobile Health Vehicles- By Country
   4.12 List of Private & Public Investments for Mobile Health- By Region
Chapter 5 Global Mobile Health Vehicle Market Analysis and Forecast By Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product
      5.1.2 Basis Point Share (BPS) Analysis By Product
      5.1.3 Absolute $ Opportunity Assessment By Product
   5.2 Mobile Health Vehicle Market Size Forecast By Product
      5.2.1 Van
      5.2.2 Truck
      5.2.3 Car
      5.2.4 Others
   5.3 Market Attractiveness Analysis By Product
Chapter 6 Global Mobile Health Vehicle Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Mobile Health Vehicle Market Size Forecast By Application
      6.2.1 Mobile Clinics
      6.2.2 Mobile Hospital Facilities
      6.2.3 Mobile Blood Bank
      6.2.4 Mobile Patient Ward Facilities
      6.2.5 Mobile Pharmacy Facilities
      6.2.6 Others
   6.3 Market Attractiveness Analysis By Application

Chapter 7 Global Mobile Health Vehicle Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Mobile Health Vehicle Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Mobile Health Vehicle Analysis and Forecast
   9.1 Introduction
   9.2 North America Mobile Health Vehicle Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Mobile Health Vehicle Market Size Forecast By Product
      9.6.1 Van
      9.6.2 Truck
      9.6.3 Car
      9.6.4 Others
   9.7 Basis Point Share (BPS) Analysis By Product
   9.8 Absolute $ Opportunity Assessment By Product
   9.9 Market Attractiveness Analysis By Product
   9.10 North America Mobile Health Vehicle Market Size Forecast By Application
      9.10.1 Mobile Clinics
      9.10.2 Mobile Hospital Facilities
      9.10.3 Mobile Blood Bank
      9.10.4 Mobile Patient Ward Facilities
      9.10.5 Mobile Pharmacy Facilities
      9.10.6 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Mobile Health Vehicle Analysis and Forecast
   10.1 Introduction
   10.2 Europe Mobile Health Vehicle Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Mobile Health Vehicle Market Size Forecast By Product
      10.6.1 Van
      10.6.2 Truck
      10.6.3 Car
      10.6.4 Others
   10.7 Basis Point Share (BPS) Analysis By Product
   10.8 Absolute $ Opportunity Assessment By Product
   10.9 Market Attractiveness Analysis By Product
   10.10 Europe Mobile Health Vehicle Market Size Forecast By Application
      10.10.1 Mobile Clinics
      10.10.2 Mobile Hospital Facilities
      10.10.3 Mobile Blood Bank
      10.10.4 Mobile Patient Ward Facilities
      10.10.5 Mobile Pharmacy Facilities
      10.10.6 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Mobile Health Vehicle Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Mobile Health Vehicle Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Mobile Health Vehicle Market Size Forecast By Product
      11.6.1 Van
      11.6.2 Truck
      11.6.3 Car
      11.6.4 Others
   11.7 Basis Point Share (BPS) Analysis By Product
   11.8 Absolute $ Opportunity Assessment By Product
   11.9 Market Attractiveness Analysis By Product
   11.10 Asia Pacific Mobile Health Vehicle Market Size Forecast By Application
      11.10.1 Mobile Clinics
      11.10.2 Mobile Hospital Facilities
      11.10.3 Mobile Blood Bank
      11.10.4 Mobile Patient Ward Facilities
      11.10.5 Mobile Pharmacy Facilities
      11.10.6 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Mobile Health Vehicle Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Mobile Health Vehicle Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Mobile Health Vehicle Market Size Forecast By Product
      12.6.1 Van
      12.6.2 Truck
      12.6.3 Car
      12.6.4 Others
   12.7 Basis Point Share (BPS) Analysis By Product
   12.8 Absolute $ Opportunity Assessment By Product
   12.9 Market Attractiveness Analysis By Product
   12.10 Latin America Mobile Health Vehicle Market Size Forecast By Application
      12.10.1 Mobile Clinics
      12.10.2 Mobile Hospital Facilities
      12.10.3 Mobile Blood Bank
      12.10.4 Mobile Patient Ward Facilities
      12.10.5 Mobile Pharmacy Facilities
      12.10.6 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application

Chapter 13 Middle East & Africa (MEA) Mobile Health Vehicle Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Mobile Health Vehicle Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Mobile Health Vehicle Market Size Forecast By Product
      13.6.1 Van
      13.6.2 Truck
      13.6.3 Car
      13.6.4 Others
   13.7 Basis Point Share (BPS) Analysis By Product
   13.8 Absolute $ Opportunity Assessment By Product
   13.9 Market Attractiveness Analysis By Product
   13.10 Middle East & Africa (MEA) Mobile Health Vehicle Market Size Forecast By Application
      13.10.1 Mobile Clinics
      13.10.2 Mobile Hospital Facilities
      13.10.3 Mobile Blood Bank
      13.10.4 Mobile Patient Ward Facilities
      13.10.5 Mobile Pharmacy Facilities
      13.10.6 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Mobile Health Vehicle Market: Competitive Dashboard
   14.2 Global Mobile Health Vehicle Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 LDV
      14.3.2 Matthews Specialty Vehicles
      14.3.3 Magnum Mobile Speciality Vehicles
      14.3.4 ADI Mobile Health
      14.3.5 Mobile Healthcare Facilities LLC
      14.3.6 Odulair LLC
      14.3.7 Legacy Transportation Services
      14.3.8 Craftsmen Industries, Inc
      14.3.9 Toutenkamion Group
      14.3.10 Medical Coaches
      14.3.11 Mobile Specialty Vehicles 
      14.3.12 Neat Vehicles Ltd
      14.3.13 Imagi-Motive

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FAQ Section

Some frequently asked questions about this report!

The base year considered for the Global Mobile Health Vehicle Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 and 2020 are the historic years, and the forecast is provided from 2022 to 2030.

In addition to market size (in US$ Million), the company market share (in % for the base year 2021), impact of key regulations, latest trends in treatment method, overview, product innovation in Mobile Health Vehicle market, long-term market trends & opportunities, and scale of new market entrants are provided.

Demand and supply of Mobile Health Vehicle were severely negatively affected during the pandemic, due to the scarcity of treatment processes.

Major manufacturers include LDV, Matthews Specialty Vehicles, Magnum Mobile, Speciality Vehicles, ADI Mobile Health, and Mobile Healthcare Facilities LLC.

Factors such as government regulations and R&D activities are expected to act as macroeconomic factors for the market.

According to this Growth Market Reports report, the Mobile Health Vehicle market size is anticipated to register a CAGR of 5.9% during the forecast period, 2022-2030, with an anticipated valuation of USD 365.8 Million by the end of 2030.

Rising Burden of Chronic Diseases and Emergency Cases and need for cost effective services are driving the Mobile Health Vehicle market.

Factors such as competitive strength and market positioning are key areas considered while selecting companies to be profiled.

Additional company profiles are provided on request.