Mobile health vehicles provide healthcare facilities at the doorsteps of people living in remote areas. These vehicles are equipped with diagnostic and treatment equipment along with doctors and paramedical staff to offer a wide range of medical services. The vehicles help address public health issues by providing primary healthcare services and treatment of minor ailments in areas with limited access to hospitals and clinics. They conduct routine medical check-ups, prevention and screening for diseases, and awareness drives to encourage healthy behavior. Mobile health vehicles are also playing a critical role in vaccination drives and outbreak control of epidemics.
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 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics
The growth in demand for improved healthcare facilities is expected to drive the mobile health vehicle market during the forecast period. According to the World Health Organization, more than 800 million people lack basic healthcare services globally, majority of whom live in rural areas of developing countries. Mobile health vehicles help bridge this healthcare access gap by transporting medical equipment and personnel to remote locations, which otherwise have limited or no access to hospitals. Another factor fueling the market is the rising geriatric population worldwide which is more susceptible to health issues and would benefit greatly from on-site medical services provided via mobile health vehicles. According to the United Nations, the global population aged 60 years and above is projected to double from 12% to 22% between 2015 and 2050. Moreover, the outbreak of epidemics is also prompting governments worldwide to deploy mobile health vehicles in outbreak control through vaccination campaigns, testing, and treatment initiatives which would boost market growth over the coming years.
Segment Analysis
The global Mobile Health Vehicle Market is segmented based on type, equipment, application, and region. By type, the market is segmented into recreational vehicles (RVs) and mobile health trucks & vans. Among these, the mobile health trucks & vans segment dominates the market as they can easily maneuver through traffic and tight spaces. By equipment, the market is segmented into microscopes, exam tables, refrigerators, stretchers and medical cabinets. Here, medical cabinets dominate as they provide secured storage of medical equipment as well as patient records. By application, the market is segmented into mobile clinic and other applications. The mobile clinic segment dominates as Mobile Health Vehicles are majorly used at events, disaster sites and remote areas to provide primary medical care.
PEST Analysis
Political: Governments across countries are focusing on providing universal healthcare through campaigns like ‘Healthcare for All’ which is driving demand for mobile healthcare facilities. Some regions face issues like lack of stable infrastructure which boosts the adoption of mobile health solutions.
Economic: Rising per capita healthcare expenditure is a key driver for the market. However, high initial investment and maintenance costs of Mobile Health Vehicles pose challenges.
Social: Factors like increasing healthcare awareness, growing geriatric population susceptible to chronic diseases, and rising demand for point-of-care diagnostics support market growth.
Technological: Integration of technologies like telehealth, AI, IoT is enhancing the capabilities of Mobile Health Vehicles. However, lack of proper connectivity in remote areas limits scope.
Key Takeaways
The Global Mobile Health Vehicle Market Growth is expected to witness high over the forecast period due to rising investments by governments and healthcare providers to enhance access to medical care.
Regional Analysis: North America dominates the market currently due to presence of advanced healthcare infrastructure and high awareness. However, Asia Pacific is expected to witness fastest growth due to rising healthcare expenditure, growing medical tourism and increasing emphasis on rural healthcare in countries like India and China.
Key players operating in the mobile health vehicle market are Ecolab Inc., Novozymes A/S, Reckitt Benckiser Group PLC, Church & Dwight Co., Inc., The Clorox Company, Kikkoman Corporation, Spartan Chemical Company, Inc., Diversey, Inc., Johnson & Johnson, Danaher Corporation, Henkel AG & Co. KGaA, Procter & Gamble Co., DuPont de Nemours, Inc., Colgate-Palmolive Company, and Biokleen. These players are focusing on new product launches and partnerships with healthcare providers to gain share. For instance, Ecolab launched specialized mobile clinics and hygiene products for healthcare facilities.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it