Global Ambulance and Emergency equipment market: Overview
Ambulance and emergency equipment refers to medical equipment which aids patients in case of emergencies such as accidents and surgeries and curtails personal injuries. Ambulance serves multiple functions and services like pre-hospital patient care, rescue services, emergency services, injured or serious patient treatment services. Increasing incidences of accidents and rise in geriatric population drive the growth of the global ambulance and emergency equipment market. Advanced life support and basic life services are the crucial emergency equipment.
Global Ambulance and Emergency equipment market: Growth Factors
Rise in a geriatric population prone to cardiovascular diseases, booming medical tourism, favorable reimbursement policies and technological advancements are expected to be the major driving forces in the global ambulance and emergency equipment market over the forecast period. Burgeoning need for emergency medical services, government initiatives, dynamic lifestyle and rising cases of emergency medical hospitalization are anticipated to be an important driver in the growth of ambulance and emergency equipment market during the forecast period. However, high cost associated with emergency care services and a dearth of skilled professionals is the major restraining factors in the global ambulance and emergency equipment market. Market trends incorporate recurrent mergers & acquisitions, collaborations & partnership, and new product launches.
Global Ambulance and Emergency equipment market: Segmentation
The global ambulance and emergency equipment market is segmented on the basis of medical services, mode of transport and on the basis of emergency equipment used. Based on medical services; global ambulance and emergency equipment market is segmented into transportation equipment, burn care equipment, diagnostics and infection control equipment, blood and hemorrhage control devices and respiratory, hypothermia & cardiac equipment. Based on the mode of transport; the market is classified as- ground ambulance service, air ambulance service, and water ambulance service. On the basis of emergency equipment global ambulance and emergency equipment market is categorized into; advanced life support (ALS) and basic life support (BLS).
Global Ambulance and Emergency equipment market: Regional Analysis
North America is the leading market leader for an ambulance and emergency equipment market across the globe due to its technological advancements, increasing prevalence of chronic disorders, the rise in healthcare expenditure and advanced healthcare infrastructure in the region. Europe represents the growing market for Ambulance and Emergency equipment followed by North America. Asia is anticipated to display high growth rate in the global ambulance and emergency equipment market over the forecast period owing to the developing healthcare infrastructure, the pervasiveness of accidents, the rise in disposable income, growing incidence of numerous diseases and disorders. Increase in geriatric population and rise in awareness regarding emergency equipment accessible in this region. Booming economies such as China and India are expected to fuel the extension of the ambulance and emergency equipment market in Asia.
Global Ambulance and Emergency equipment market: Competitive Players
Some of the key players in the global ambulance and emergency equipment market are 3M Co., BLS Systems Ltd., Covidine, GE Healthcare, Stryker, Allied Healthcare, Drager Medical Inc., Tree Medical, Mckesson Corp., and First Care Products Ltd.
Global Ambulance and Emergency equipment market: Regional Segment Analysis
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