Mobile Healthcare Clinic Market: Current Analysis and Forecast (2022-2030)

Report Description

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Mobile Healthcare Clinic Market was valued at USD 1.66 Bn in year 2021 and expected to grow with a CAGR of 11.5% during the forecasted year (2022-2030). The rising incidences of chronic diseases such as orthopedic arthritis ailments are expected to boost the market growth. For instance, according to the Arthritis Society of Canada, 2023 report, 6 million people living in Canada have arthritis, this accounted for 1 in 5 people living in Canada arthritis.  Further, as per the same source, it is estimated that around, the prevalence of arthritis would increase to 9 million by 2040. Thus with high rise burden of such disease is expected to boost the demand for orthopedic emergency care in the forecasting period.

Some of the major players operating in the market include ADI Mobile Health, The Armor Group, Inc., Odulair, LLC, Matthew Speciality Vehicles, Farber Specialty Vehicles, MinFound Medical Systems Co., Ltd, PitchBook, CVR Industries USA, Inc., Kentucky Trailer, LifeLine Mobile, Inc.

Insights Presented in the Report

“Amongst service types, the dental care segment held a dominating share of the market in 2021”

By service type, the market is segmented into maternal health, emergency care, geriatric care, dental care and OPD. The dental care segment is dominating the market during the forecasting period.  This is attributed to the rising prevalence of dental diseases coupled with a lack of dental access in rural communities. For instance, according to a study conducted by Rural Information Hub, study, in March 2022, around 67% of rural America comes under Dental Health Professional Shortage Areas. Thus with increased prevalence of oral disease and the shortage of dental health professionals are augmenting the growth of the market.

 “Amongst vehicle types, the medical van held the majority share of the market in 2021”

By vehicle type, the market is segmented into mobile medical vans, mobile medical trains, mobile medical buses, and mobile medical shipping containers. Amongst these medical vans, the segment would dominate the market during the forecasting period. This is attributed to rising in the prevalence of the poor population in the rural area coupled with the lack of adequate primary healthcare facilities in this area, the government has extended its support to make sure the rural population gets the benefits of primitive healthcare. For instance, in March 2023 report, the Ministry Of Health & Family Welfare Government of India extended its support to Mobile Medical Units under the National Health Scheme, it encompassing both the National Rural Mission (NRM) & National Health Mission (NHM) a key strategy to facilitate access to public health care, particularly to people living in remote, difficult, under-served and unreached areas. Further, The objective of this strategy is to take healthcare to the doorstep of populations, particularly rural, vulnerable and under-served areas.  These factors are expected to propel the growth of the market.

“Amongst design layout types, the single exam room held the majority share of the market in 2021”

By design layout, the market is segmented into single exam rooms, double exam rooms and triple exam rooms. Amongst this, the single exam room would dominate the market in the forecasting period. owing to the increasing footfall in outpatient consulting. A single exam room allows for more personalised and effective patient examinations. Moreover, technology improvements in the field of mobile healthcare, such as wearable devices, artificial intelligence, and machine learning, are likely to drive market expansion throughout the forecast period.

 “North America dominated the mobile healthcare clinic market in 2021”

North America dominated the mobile healthcare clinic market in 2021. The significant change in preference of treatment towards mobile healthcare. This is due to high treatment costs coupled with the rising prevalence of chronic diseases. For Instance, according to Keiser Family Foundation(KFF), 2022 report, in 2021, around 64% of the US population were uninsured adults, this was due to the high cost of coverage. Many people do not have access to coverage through a job, and some people, particularly poor adults in states that did not expand Medicaid, remain ineligible for financial assistance for coverage. Additionally, undocumented immigrants are ineligible for Medicaid or Marketplace coverage. These factors are expected to fuel the market growth in this region.

Mobile Healthcare Clinic Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

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Research Methodology

Research Methodology for the Mobile Healthcare Clinic Market Analysis (2022-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global mobile healthcare clinic market were the three major steps undertaken to create and analyze the adoption of mobile healthcare clinics in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global mobile healthcare clinic market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the mobile healthcare clinic service market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the mobile healthcare clinic market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as service type, vehicle type, and design layout. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the mobile healthcare clinic market. Further, we conducted factor analysis using dependent and independent variables such as service type, vehicle type and design layout of the mobile healthcare clinic market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the mobile healthcare clinic market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global mobile healthcare clinic market, and market shares of the segments. All the required percentage shares split and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the mobile healthcare clinic service market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global mobile healthcare clinic market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global mobile healthcare clinic market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of the service type, vehicle type and design layout of the mobile healthcare clinic market. In the global mobile healthcare clinic market.

The Main Objective of the Global Mobile Healthcare Clinic Market Study

The current & future market trends of the global mobile healthcare clinic market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the mobile healthcare clinic market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of the service type, vehicle type, and design layout
• Define and analysis of the regulatory framework for the mobile healthcare clinic industry
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
• Analyze the current and forecast market size of the mobile healthcare clinic service market for the major region