EMS Products Market Current Trends and Future Opportunities
According to the new market research report EMS 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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The
market growth is primarily driven by increasing incidence of trauma
injuries; the high demand for emergency care; and growing investments by
government bodies on healthcare infrastructure development.
Life Support and Emergency Resuscitation Equipment are estimated to account for the largest market share in 2017
By
type, the EMS 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.
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
Hospitals & trauma centers are expected to dominate the market during the forecast period.
On
the basis of end users, the EMS 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.
North America is estimated to command the largest share of the market in 2017
Based
on region, the EMS 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 increasing
healthcare expenditure, rising number of emergency visits, rising
geriatric population, improving hospital infrastructure, technological
advancements, and the strong presence of major players in the region.
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Key
players in the EMS products market include Stryker (US), Medtronic
(Ireland), Asahi Kasei (Japan), GE Healthcare (US), Cardinal Health
(US), 3M (US), Smiths Medical (UK), Becton, Dickinson (US), Philips
(Netherlands), Smith & Nephew (UK), Johnson & Johnson (US), B.
Braun (US), and C. R. Bard (US).
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