Emergency Medical Service Products Market Top Growth Factors and Future Trends 2022
Factors driving the growth of this Emergency Medical Service Products Market
include high demand for emergency care, increasing incidence of trauma
injuries, and growing investments by government bodies on healthcare
infrastructure development (including the establishment of and
improvements in emergency care infrastructure.
According to
market research report Emergency Medical Service Products Market is
expected to reach USD 25.56 Billion by 2022 from USD 19.01 Billion in
2017, at a CAGR of 6.1%.
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Key
players in the Emergency Medical Service Products Market include
Stryker (US), Medtronic (Ireland), Asahi Kasei (Japan), Cardinal Health
(US), Philips (Netherlands), GE Healthcare (US), Smith & Nephew
(UK), 3M (US), Smiths Medical (UK), Becton, Dickinson (US), Johnson
& Johnson (US), B. Braun (US), and C. R. Bard (US).
The cardiac care application segment is expected to hold the largest share of the market in 2017
By
application, the market is segmented into cardiac care, trauma
injuries, respiratory care, oncology, and other applications. The
cardiac care segment is anticipated to account for the largest share of
the global EMS products market in 2017. The increasing prevalence of
cardiovascular disorders and the rising geriatric population are the
major factors driving the growth of this market segment.
Life Support and Emergency Resuscitation Equipment are estimated to account for the largest market share in 2017
By
type, the Emergency Medical Service Products Market is classified into
life support and emergency resuscitation equipment, patient monitoring
systems, wound care consumables, patient handling equipment, infection
control supplies, personal protection equipment, and other EMS products.
The life support and emergency resuscitation equipment segment is
expected to hold the largest share of the global EMS products market in
2017. The rising number of emergency visits and the growing requirement
of life-support equipment (especially to prevent respiratory or heart
failure in critically ill patients) are the major factors supporting the
growth of this market segment.
Hospitals & trauma centers are expected to dominate the market during the forecast period.
On
the basis of end users, the Emergency Medical Service Products Market
is segmented into hospitals & trauma centers, ambulatory surgical
centers, and other end users. In 2017, the hospitals & trauma
centers segment is estimated to account for the largest share of the
global EMS products market. This segment is also expected to grow at the
highest CAGR during the forecast period. The rising incidence of
chronic conditions and trauma injuries and growth in investments, funds,
and grants by government bodies worldwide for hospital infrastructure
development are the two major factors driving the growth of this market
segment.
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North America is estimated to command the largest share of the market in 2017
Based
on region, the Emergency Medical Service Products Market is segmented
into North America, Europe, Asia, and the Rest of the World (RoW). North
America is estimated to dominate the EMS products market in 2017. The
large share of this regional segment can primarily be attributed to the
rising number of emergency visits, rising geriatric population,
increasing healthcare expenditure, improving hospital infrastructure,
technological advancements, and the strong presence of major players in
the region.
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