Emergency Medical care Market to be Driven by Surged Instances of Road Accidents and Mishaps
Emergency medical care market is likely to sustain its growth stance in the forthcoming years, through the estimated growth span as need for emergency medical solutions continue to support severe and chronic health conditions such as cardiac disorders and respiratory ailments.
These market highlights are an extract from Adroit Market Research’s advanced research data to support futuristic investment discretion. The growth is also supplemented by steadily growth geriatric population who stand greater needs to rely on advanced and urgent emergency medical supplies to revive health and wellbeing.
The global emergency medical supplies market is projected to reach USD 40.11 billion by 2028, growing at a CAGR of 6.9%. Increasing incidence of trauma injuries, growing incidence of COVID-19 cases and rising healthcare expenditure across the world are some of the factors driving the growth of the global emergency medical supplies market.
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Disorders Such as Cardiac Arrest Likely to Ensure Steady Adoption for Aging Populace
Advanced statistical reviews from international institutions such as World Health Organization and American Heart Association affirm that heart ailments significant challenge and is one of the commonest reasons for fatality. Most of the times, heart attacks are unprecedented and may not display any prior signs and symptoms, making therapeutics quite challenging. In situations as such as emergency medical equipment have been rampantly adopted.
Besides cardiac emergencies, emergency medical supplies are also adopted to cater to accidents and injuries. Products such as oxygen cylinders, diagnostic kits, ventilators and the like that are witnessing ravishing adoption across hospitals and healthcare institutions are presumed to augment substantial adoption and futuristic growth.
Research suggests that improved healthcare facilities across emerging economies such as Latin America, APAC are likely to experience brisk growth tendencies as the regions are dedicating ample resources towards chronic healthcare, thus aligning with growth spurt in global emergency medical care market.
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North America dominated the market for emergency medical supplies in 2020, while Asia-Pacific is set to grow at the highest CAGR due to development centered in Japan, China, and India. Key players of the global emergency medical supplies market include Bound Tree Medical, Henry Schein, Inc., McKesson Medical-Surgical, Inc., Medline Industries, Inc., Stryker Corporation, Emergency Medical Products, Inc., Cardinal Health, Smiths Medical, Inc., Life-Assist, Medtronic plc. among others.
Key segments of the global emergency medical supplies market
Product Overview, 2018-2028 (USD Billion)
- Life support & emergency resuscitation
- Patient monitoring systems
- Wound care consumables
- Patient handling equipment
- Infection control supplies
- Other EMS products
Regional Overview, 2018-2028 (USD Billion)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa
- South Africa
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What does the report include?
- The study on the global emergency medical supplies market includes qualitative factors such as drivers, restraints and opportunities
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global emergency medical supplies market is suitable for all the players across the value chain including product manufacturing companies, suppliers/distributors, R&D labs, CROs, healthcare organizations, medical reimbursement and insurance providers
- Venture capitalists and investors looking for more information on the future outlook of the global emergency medical supplies market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global emergency medical supplies market
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