The global ambulance equipment market
size is expected to reach USD 5.45 billion by 2026, expanding at a CAGR of 3.8%
over the forecast period. The rising cases of cardiovascular diseases,
increasing medical tourism, and increasing cases of road accidents globally are
the key driving factors for the ambulance equipment market.
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Cardiovascular diseases (CVDs) such as
cardiac arrest, congestive heart failure, stroke, & coronary artery
disease, require immediate medical attention and emergency medical services. In
such cases, blood & hemorrhage control equipment is very much essential to
deal with CVD patients as it provides primary care. As per the CDC in 2015,
every year, approximately 735,000 cases of heart attack are reported in the
U.S. As per the report published by the British Heart Foundation in 2018, there
are approximately 200,000 hospital visits every year due to heart attacks,
which is one visit in every three minutes. Therefore, such instances are
expected to surge the ambulance equipment market growth.
Moreover, presence of a large population
pool over 60 years, which typically has a lower immunity level and are prone to
neurological diseases, cardiac problems, cancer, and spinal injuries.Geriatric
population are highly susceptible to diseases such as arthritis, heart attacks,
stroke, osteoporosis, and obesity. For instance, as per the WHO in 2018,
globally, the number of people aged 65 or older is anticipated to grow from an
estimated 524 million in 2010 to nearly 1.5 billion in 2050. Furthermore, road
accident victims also need immediate medical attention owing to which demand
for ambulance equipment are expected to increase. Thus, such factors are
expected to positively impact the market growth.
Further
key findings from the report suggest:
• In terms of revenue, ground ambulance
segment held the largest share in 2018 owing to the rising cases of road
accidents and CVDs across the globe.
• Burn care equipment segment is
expected to witness the fastest growth rate over the forecast period owing to
the increasing incidence of burn cases across the globe.
• Asia Pacific ambulance equipment
market is expected to witness the fastest growth over the forecast period owing
to the presence of huge opportunities for key players and increase in number of
road accidents.
• Prominent players present in the wound
biologics market are Emergency Medical Products, Inc., Persys Medical,
Emergency Medical International, and Ambu A/S.
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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