South & Central America Non-Emergency Medical Transportation Market Forecast to 2028 - Regional Analysis - by Service Type (Private Pay Patient Transportation, Insurance Backed Patient Transportation, Courier Services, and Other Services) and Application (Dialysis, Routine Doctor Visits, Mental Health Related Appointments, Rehabilitation, and Others)
The South & Central America non-emergency medical transportation market is expected to grow from US$ 221.54 million in 2022 to US$ 329.42 million by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.
Growing Role of Technology in Non-Emergency Medical Transportations Fuels South & Central America Non-Emergency Medical Transportation MarketManaged care organizations (MCOs) are currently focusing on digitizing their operations to enhance patient care. Service providers and users are likely to benefit from the technologically-advanced NEMT solutions in the coming years. States, brokers, MCOs, providers, drivers, and beneficiaries can use many technologies, including GPS tracking and electronic scheduling software, in NEMT, which can strengthen program integrity and improve on-time performance along with customer satisfaction. With new standards in healthcare consumer transportation, NEMT and medical transportation would have real-time GPS tracking. GPS data, usually collected through a smartphone or tablet in vehicles, document the date, time, and location for each pickup and drop-off to determine the genuineness and authorization of trips. They are also used to track real-time performance. Moreover, advanced GPS technology (e.g., real-time location monitoring) can allow brokers to track drivers who are likely to arrive late at the commuter’s location and assign new ones without a delay to ensure that the appointments are not missed. When coupled with a beneficiary-facing application, GPS capability can also provide real-time information to riders about estimated pickup times. Furthermore, the NEMT dispatch software package solution focuses on all levels of operational care and provides reliable transportation services. NEMT Cloud Dispatch, TripSpark Technologies, Tobi Cloud, and many companies provide the NEMT dispatch software package solution.
Technology innovation is also encouraging transparent and dependable practices in NEMT, which is likely to boost the NEMT services without compromising the newest standards. Therefore, the growing use of technology in NEMT is expected to become key trend in the South & Central America non-emergency medical transportation market during the forecast period.
South & Central America Non-Emergency Medical Transportation Market OverviewThe South & Central America non-emergency medical transportation market includes Brazil, Argentina, and the Rest of South & Central America. South and Central America non-emergency medical transportation market and is expected to register grow with steady growth rate over the forecast period. Brazil is expected to have the adequate market share in this region. The market exhibits growth opportunities with growing developments of healthcare systems which is directly influencing the market’s growth in this region.
South & Central America Non-Emergency Medical Transportation Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Non-Emergency Medical Transportation Market SegmentationThe South & Central America non-emergency medical transportation market is segmented into service type, application, and country.
Based on service type, the South & Central America non-emergency medical transportation market is divided into private pay patient transportation, insurance backed patient transportation, courier services, and other services. The private pay patient transportation segment accounted the largest share of the South & Central America non-emergency medical transportation market in 2022.
Based on application, the South & Central America 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 share of the South & Central America non-emergency medical transportation market in 2022.
Based on country, the South & Central America non-emergency medical transportation market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the share of the South & Central America non-emergency medical transportation market in 2022.
Air Ambulance, On Call International, Horizon Air Ambulance, and AirCARE1 are the leading companies operating in the South & Central America non-emergency medical transportation market.
Reasons to BuySave and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America non-emergency medical transportation market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in South & Central America non-emergency medical transportation market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.