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Emergency Medical Service Product Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Healthcare and Pharmaceuticals | Published at : April-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Emergency Medical Service (EMS) Products Market Size accounted for USD 26.8 Billion in 2022 and is projected to achieve a market size of USD 48.4 Billion by 2032 growing at a CAGR of 6.2% from 2023 to 2032.

Emergency Medical Service Product Market Key Highlights

  • Global emergency medical service product market revenue is expected to increase by USD 48.4 Billion by 2032, with a 6.2% CAGR from 2023 to 2032
  • North America region led with more than 42% of EMS products market share in 2022
  • Asia-Pacific EMS products market growth will record a CAGR of over 7% from 2023 to 2032
  • According to the American Heart Association, the use of defibrillators and CPR can increase survival rates by up to 50%
  • According to a National Highway Traffic Safety Administration report, emergency medical services responded to an estimated 28.6 million calls in the United States in 2018
  • The cardiac care segment of the EMS products market is projected to grow at a CAGR of 7.4% from 2023 to 2032
  • The hospitals and trauma centers segment of the EMS products market is projected to grow at a CAGR of 6.5% from 2023 to 2032
  • Increasing awareness about the importance of timely and effective emergency care, drives the EMS products market value

Global Emergency Medical Service Product Market Trends

Emergency Medical Service (EMS) products are a crucial part of the healthcare industry, aimed at providing rapid medical assistance and care to patients in emergency situations. EMS products range from medical equipment such as defibrillators, oxygen tanks, and stretchers to medical supplies like bandages, gloves, and syringes. The EMS industry also includes software and communication devices that allow for real-time communication between emergency responders, hospitals, and other healthcare facilities. EMS products are used by emergency medical technicians (EMTs), paramedics, firefighters, and other first responders to provide life-saving care to patients in emergency situations.

The EMS product market has seen significant growth in recent years, driven by an increase in demand for emergency medical services and advancements in technology. The COVID-19 pandemic has also contributed to the growth of the EMS product market, as healthcare providers and emergency responders have had to rapidly adapt to changing circumstances and adopt new technologies to provide care to patients. The increasing demand for EMS products has led to the development of new and innovative products and services in the market. For instance, some companies are developing autonomous drones that can deliver medical supplies and equipment to remote areas, that traditional ambulance services may not be able to reach. The growing focus on improving the quality of emergency medical services and increasing access to care is expected to continue driving the growth of the EMS product market in the coming years.

Emergency Medical Service Product Market Dynamics

Global Emergency Medical Service Product Market Trends

Market Drivers

  • Rising incidence of chronic diseases and injuries
  • Increasing awareness about the importance of timely and effective emergency care
  • Technological advancements in emergency medical products and services
  • Government initiatives and funding to support the development of emergency medical services

Market Restraints

  • High cost of emergency medical equipment and services
  • Limited access to emergency medical services in remote and underdeveloped areas

Market Opportunities

  • Growing adoption of telemedicine and digital health technologies in emergency care
  • Development of autonomous vehicles and drones for emergency medical services

Emergency Medical Service Product Market Report Coverage

Market Emergency Medical Service Product Market
Emergency Medical Service Product Market Size 2022 USD 26.8 Billion
Emergency Medical Service Product Market Forecast 2032 USD 48.4 Billion
Emergency Medical Service Product Market CAGR During 2023 - 2032 6.2%
Emergency Medical Service Product Market Analysis Period 2020 - 2032
Emergency Medical Service Product Market Base Year 2022
Emergency Medical Service Product Market Forecast Data 2023 - 2032
Segments Covered By Type, By Application, By End Users, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Stryker Corporation, Medtronic plc, Philips Healthcare, GE Healthcare, Johnson & Johnson, Becton, Dickinson and Company, 3M, Smiths Medical, Bound Tree Medical, Laerdal Medical, Physio-Control, and ZOLL Medical Corporation.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis
Emergency Medical Service Product Market Dynamics

Emergency medical service (EMS) refers to the ambulance services and other medical transportation services provided by healthcare facilities in case of an emergency. Various factors which are driving the growth of the EMS products market include growing demand for emergency care and increasing incidence of trauma and accident cases. In addition, increasing government support for the development of emergency care centers is boosting the growth of the EMS products market revenue.

The market for EMS products would continue to rise immensely with the aging population worldwide. With the rising geriatric population, there are various chronic diseases that require emergency healthcare services, thus affecting the growth of the global market. Until now, a major portion of the global population does not have access to emergency medical services. Government organizations including the World Health Organization (WHO) are working to improve or establish EMS systems in major developing countries, where efficient prehospital care could reduce death rates. Factors such as the high cost of emergency healthcare products and equipment might restrain the growth of the EMS products market value.

Emergency Medical Service Product Market Segmentation

The global EMS products market segmentation is based on type, application, end users, and geography.

Emergency Medical Service Product Market By Type

  • Life Support and Emergency Resuscitation Systems
    • Ventilators
    • Resuscitators
    • Endotracheal Tubes
    • Defibrillators
    • Laryngoscopes
  • Patient Monitoring Systems
    • Cardiac Monitors
      • ECG Monitors
      • Event Monitors
      • Cardiac Output Monitors
    • Hemodynamic Monitors
      • Blood Pressure Monitors
      • Multi-Parameter Monitors
      • Blood Glucose Monitors
      • Blood Gas and Electrolyte Analyzers
    • Neurological Monitors
      • EEG Monitors
      • Magnetoencephalography Monitors
      • Intracranial Pressure Monitors
      • Cerebral Oximetry Monitors
      • Transcranial Doppler
    • Respiratory Monitoring Devices
      • Pulse Oximeters
      • Capnographs
      • Spirometers
      • Anesthesia Monitors
      • Sleep Apnea Monitors
    • Temperature Monitoring Devices
    • Prenatal and Neonatal Monitors
    • Microelectromechanical Systems (MEMS)
    • Disposables
  • Personal Protection Equipment
    • Foot & Leg Protection Equipment
    • Hand & Arm Protection Equipment
    • Eye & Face Protection Equipment
    • Head Protection Equipment
    • Other Protection Equipment
  • Wound Care Consumables
    • Sutures & Staples
    • Dressings & Bandages
    • Other Wound Care Consumables
  • Infection Control Supplies
    • Medical Nonwovens
    • Disinfectants and Cleansing Agents
  • Patient Handling Equipment
    • Patient Lifting Equipment
    • Medical Beds
    • Wheelchairs and Scooters
    • Other Patient Handling Equipment
  • Other EMS Products

According to the EMS products industry analysis, the life support and emergency resuscitation systems segment accounted for the largest market share in 2022. These systems are designed to provide critical care and support to patients in emergency situations, including cardiac arrest, respiratory failure, and shock. The segment includes a range of products such as defibrillators, ventilators, and infusion pumps, which are used to stabilize patients and provide life-saving interventions. The global life support and emergency resuscitation systems segment is expected to experience strong growth in the coming years, driven by factors such as the increasing prevalence of chronic diseases, the rising geriatric population, and the growing demand for emergency medical services in both developed and developing regions. Furthermore, technological advancements and innovation in the field of life support and emergency resuscitation systems are also expected to drive the growth of this segment in the coming years.

Emergency Medical Service Product Market By Application

  • Cardiac Care
  • Oncology
  • Respiratory Care
  • Trauma Injuries
  • Others

In terms of application, the cardiac care segment is expected to witness significant growth in the coming years. This segment is driven by the increasing prevalence of cardiovascular diseases (CVDs) and rising demand for advanced cardiac care solutions. This segment includes a wide range of products and services such as defibrillators, cardiac monitors, automated external defibrillators (AEDs), and other related medical equipment designed to support the diagnosis, treatment, and management of cardiac conditions in emergency situations. Moreover, technological advancements and innovation in the field of cardiac care are also expected to drive the growth of this segment in the coming years. For instance, the development of next-generation defibrillators with advanced features such as automated CPR, wireless connectivity, and real-time monitoring is expected to increase the adoption of these products.

Emergency Medical Service Product Market By End Users

  • Hospitals and Trauma Centers
  • Ambulatory Surgical Centers
  • Other

According to the EMS products market forecast, the hospitals and trauma centers segment is expected to witness significant growth in the coming years. This segment includes a wide range of products and services such as trauma care equipment, emergency medical transport vehicles, and other related medical equipment designed to support the diagnosis, treatment, and management of critical care patients in emergency situations. Moreover, the increasing adoption of advanced medical technologies and innovation in the field of critical care is also expected to drive the growth of this segment in the coming years. For instance, the development of advanced trauma care equipment such as portable CT scanners, point-of-care diagnostic devices, and advanced surgical instruments is expected to increase the adoption of these products.

Emergency Medical Service Product Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Emergency Medical Service Product Market Drivers

Emergency Medical Service Product Market Regional Analysis

North America is the dominant region in the EMS products market, accounting for the largest share of the global market. This is primarily due to the well-established healthcare infrastructure in the region, high healthcare spending, and the presence of major EMS product manufacturers. The region also has a well-developed emergency medical services network, with a large number of hospitals, trauma centers, and emergency medical service providers. Moreover, the growing prevalence of chronic diseases, the increasing geriatric population, and the rising demand for emergency medical services are also driving the growth of the EMS products market in North America. Furthermore, the presence of key market players such as Stryker Corporation, Medtronic, and Philips Healthcare in North America is also contributing to the growth of the EMS products market in the region. These companies are investing heavily in research and development activities to develop innovative products and solutions to meet the growing demand for emergency medical services.

Emergency Medical Service Product Market Player

Some of the top emergency medical service products market companies offered in the professional report include Stryker Corporation, Medtronic plc, Philips Healthcare, GE Healthcare, Johnson & Johnson, Becton, Dickinson and Company, 3M, Smiths Medical, Bound Tree Medical, Laerdal Medical, Physio-Control, and ZOLL Medical Corporation.

Frequently Asked Questions

The market size of emergency medical service products was USD 26.8 Billion in 2022.

The CAGR of emergency medical service products is 6.2% during the analysis period of 2023 to 2032.

The key players operating in the global market are including Stryker Corporation, Medtronic plc, Philips Healthcare, GE Healthcare, Johnson & Johnson, Becton, Dickinson and Company, 3M, Smiths Medical, Bound Tree Medical, Laerdal Medical, Physio-Control, and ZOLL Medical Corporation.

North America held the dominating position in emergency medical service products industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of EMS products during the analysis period of 2023 to 2032.

The current trends and dynamics in the emergency medical service product industry include rising incidence of chronic diseases and injuries, and increasing awareness about the importance of timely and effective emergency care.

The cardiac care application held the maximum share of the EMS product industry.


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