logo
logo
Sign in

Global Mobile Health Vehicle Market Growth Accelerated by Increased Adoption for Chronic Disease Management

avatar
Sneha
Global Mobile Health Vehicle Market Growth Accelerated by Increased Adoption for Chronic Disease Management

Mobile health vehicles provide a wide range of healthcare services like chronic disease management, teleconsultation, diagnostic testing, minor surgeries, and health checkups. The growing prevalence of chronic diseases like diabetes, cardiovascular diseases, and respiratory diseases has increased the need for effective chronic disease management. Mobile health vehicles help expand access to healthcare in remote locations by bringing advanced medical facilities and care directly to the people.

The global Mobile Health Vehicle Market is estimated to be valued at US$ 244.7 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends fueling the growth of the mobile health vehicle market is increasing adoption for chronic disease management. Mobile health vehicles help improve chronic disease management for conditions like diabetes through facilities like point-of-care diagnostic testing, medication management, remote patient monitoring, and educating patients. This helps reduce complications and hospitalizations related to chronic diseases. Mobile clinics allow regular monitoring of clinical parameters and vital signs of patients with chronic conditions at their doorsteps through qualified healthcare professionals and digital health tools. This trend is expected to significantly drive the demand for mobile health vehicles for effective chronic disease care over the forecast period.

Segment Analysis

The global mobile health vehicle market is dominated by the emergency medical vehicle segment, accounting for over 50% of the market share in 2023. These types of vehicles are specifically designed for emergency medical services and are equipped with life-saving equipment to provide critical care to patients. They come with separate areas for patients, storage of medical supplies and equipment, and space for medical professionals. The growing need for quick medical assistance and ambulance services across various regions has propelled the demand for emergency medical vehicles in recent years.

Key Takeaways

The Global Mobile Health Vehicle Market Growth is expected to witness high over the forecast period of 2023 to 2030. Driven by rising healthcare spending, growing geriatric population, and increasing prevalence of chronic diseases, the market size is projected to cross US$ 400 Mn by 2030.

Regional analysis

North America dominated the global market in 2023 and is expected to maintain its leading position throughout the forecast period. This can be attributed to well-established healthcare infrastructure, availability of advanced medical facilities, and rising investments in mobile healthcare services in the region. The US accounts for the largest share in the North America region.

Key players


Key players operating in the mobile health vehicle market are Chang Chun Group, Covestro AG, Dow, Hexion, Kumho P&B Chemicals Inc., LG Chem, Lihuayi Weiyuan Chemical Co. Ltd, Merck KGaA, Mitsubishi Chemical Corporation, Mitsui Chemicals Corporation., Nan Ya Plastics Industry Co. Ltd, Nantong Stars Synthetic Material Ltd, Nippon Steel Chemical & Material Co. Ltd, PTT Phenol Company Limited, SABIC, Samyang Holdings Corporation, Shanghai Sinopec Mitsui Chemicals Co. Ltd, and Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co., Ltd.

Explore more information on this topic, Please visit - 

https://www.insightprobing.com/mobile-health-vehicle-market-growth-and-outlook-analysis/ 

collect
0
avatar
Sneha
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more