According to Stratistics MRC, the Global Emergency Medical Service (EMS) Products Market is accounted for $19.16 billion in 2017 and is expected to reach $35.95 billion by 2026 growing at a CAGR of 7.12% during the forecast period.
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Factors such as rising incidence of trauma injuries, huge demand for emergency care and increase in funds & hospital infrastructure expansion are propelling the market growth.
However, high price for emergency equipment and product recollect due to irregular functioning are hindering the growth of the market. Growing healthcare expenditure and amount of hospitals provides ample of opportunities for growth of the market.
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By type, Patient Handling Equipment segment is driven by growing geriatric population, rising technological innovations in medical field and increasing government focus on secure manual handling of patients. These are the helping devices which permit the patients in hospitals and nursing homes to transfer between beds, chairs and other places.
It is especially designed to help the patients with ability to move but who are lack the strength to manage their body movements. The segment is further divided into wheelchairs and scooters, medical beds, patient lifting equipment and other patient handling equipment.
By Application, respiratory care system segment is driven by high dominance of respiratory diseases, quick development in the aging population, increasing urbanization and pollution levels. It provides better care to patients suffering from acute and chronic respiratory diseases.
It is utilized for diagnosis, monitoring, and treatment of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma and tuberculosis.
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By Geography, Asia Pacific is the fastest growing market owing to increasing standards of living, rising demand for excellence medical care and growing healthcare expenditure.
Some of the key players in Emergency Medical Service (EMS) Products Market include Johnson & Johnson, Asahi Kasei Corporation, 3M, Becton, Dickinson and Company, Philips Healthcare, GE Healthcare, Smith & Nephew, Medtronic Plc, Stryker Corporation, Smiths Medical, B. Braun Melsungen AG, C. R. Bard, Inc.
and Cardinal Health.
Patient Monitoring Systems
Life Support and Emergency Resuscitation Equipment
Patient Handling Equipment
Personal Protection Equipment
Wound Care Consumables
Infection Control Supplies
Other EMS Products
End Users Covered:
Ambulatory Surgical Centers
Other End Users
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