Emergency Medical Service (EMS) Product Market Analysis – Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

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 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 EMS products market.

Market Dynamics

The market for EMS products would continue to rise immensely with the aging population worldwide. With rising geriatric population, there are various chronic diseases which require emergency healthcare services, thus affecting the growth of the global market. Until now, major portion of the global population do 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 high cost of emergency healthcare products and equipment might restrain the growth of EMS product market.

Market Classification and Overview

The EMS product market is segmented on the basis of product type, end-user and geography. Based on product type, the market is segmented into infection control products, patient monitoring equipment, wound care products, life support and emergency resuscitation equipment, patient handling equipment, and others. The life support and emergency resuscitation equipment market is anticipated to grow swiftly during the forecast period owing to the increasing medical emergency visits in hospitals and increasing applications of life-saving and life-support equipment.

Based on end-user, the global market has been bifurcated into hospitals, trauma centers, ambulatory care centers, and others. Factors such as growing incidence of trauma cases, and accidents along with increased support from the government for the establishment of trauma care centers is dominating the growth of trauma care centers market segment.

 

Regional Overview

Regionally, the market for EMS product is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America is dominating the global market owing to the presence of highly advanced emergency care equipment, and effective reimbursement norms and policies. However, Asia-Pacific is expected to grow at the fastest CAGR due to growing demand for quality medical care, increasing healthcare spending, and beneficial government initiatives.

Report Coverage

Market	Emergency Medical Service (EMS) Product Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	Product Type, End-user, Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Smiths Medical, GE Healthcare, B. Braun Melsungen AG, Johnson & Johnson, Stryker, Medtronic, Asahi Kasei, Cardinal Health, Philips Healthcare, Smith & Nephew, 3M, Becton Dickinson, and C. R. Bard are the key players in the EMS product market. These players have undertaken mergers and acquisitions as one of their key strategies in order to maximize their share in the global market.

Market Segmentation

Market By Product Type

·         Infection Control Products

·         Patient Monitoring Equipment

·         Wound Care Products

·         Life Support And Emergency Resuscitation Equipment

·         Patient Handling Equipment

·         Others

Market By End-user

·         Hospitals

·         Trauma Centers

·         Ambulatory Care Centers

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA