Ambulance Equipment Market to Surpass US$ 6,533.4 Mn by 2030

Global Ambulance Equipment Market, by Equipment Type (Transportation Equipment, Burn Care Equipment, Diagnostic and Infection Control Equipment, Blood and Hemorrhage Control Equipment, Respiratory, Hypothermia, and Cardiac Equipment), by End User (Air Ambulance, Water Ambulance, and Ground Ambulance), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 5,031.7 Million in 2022 and is expected to exhibit a CAGR of 3.3% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.

Numerous ambulance service providers are also focusing on adopting technically advanced ambulance equipment products from the key players, which is expected to drive market growth over the forecast period. For instance, in March 2017, The Ambulance Service of Manchester and Aetna Ambulance installed 50 Stryker Power Pro XT Model 6506 Stretchers, which are battery-powered hydraulic to ensure the comfort and safety for both crews and patients alike.

Global Ambulance Equipment Market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.

However, the COVID-19 pandemic had a positive impact on the global ambulance equipment market, owing to its increasing demand for the ambulance services during the Covid-19 period. For instance, in April 2020, according to data published by the National Center for Biotechnology Information, in emergencies, such as the COVID-19 pandemic, there is an increased need for contact with emergency medical services (EMS), and call volume might surpass capacity. The Copenhagen emergency medical services (EMS) operates two telephone line the 1-1-2 emergency number and the 1813 medical helpline in the U.S. A separate coronavirus support track was implemented on the 1813 medical helpline and a web-based self-triage (web triage) system was created to reduce non-emergency call volume. The Denmark-based emergency medical services (EMS) system is organized into five regions with similar structures serving ambulances, physician staff vehicles and emergency medical dispatch centers (EMDC). The Capital Region of Denmark, Copenhagen, has 1.8 million inhabitants served by the Copenhagen emergency medical services (EMS). The Copenhagen emergency medical services (EMS) is an integrated health care service comprised of an emergency medical dispatch call center, ambulance service and physician- and paramedic-staffed mobile critical care units.

Global Ambulance Equipment Market: Key Developments

In June 2022, Emergency Preservation and Resuscitation (EPR), rapid profound hypothermia, is being pursued in clinical trials, as a revolutionary approach to be the next standard of emergency care to save countless lives when cardiopulmonary resuscitation (CPR) fails. According to National Center for Biotechnology Information, approximately 2,000 people die per day in the U.S. from traumatic exsanguination (bleeding out) resulting from shootings, vehicular accidents, or other serious traumatic injuries, and from other causes of cardiac arrest despite receiving CPR. These numbers are alarming and cardiopulmonary resuscitation appears to be ineffective in most cases.  This innovative technology is fasten towards providing service for survival.  The U.S. Food and Drug Administration-approved EPR feasibility clinical trial is being performed at Maryland Shock Trauma Center in the U.S. Initially, the technology was developed to help save the lives of fatally injured soldiers on the battlefield. The Army Medical Research and Materiel Command invested $17.5 Million in cooperation with the Safar Center for Resuscitation, University of Pittsburgh, to develop the Emergency Preservation and Resuscitation procedure. 

Browse 23 Market Data Tables and 19 Figures spread through 158 Pages and in-depth TOC on “Global Ambulance Equipment Market”-  Forecast to 2030, Global Ambulance Equipment Market, by Equipment Type (Transportation Equipment, Burn Care Equipment, Diagnostic and Infection Control Equipment, Blood and Hemorrhage Control Equipment, Respiratory, Hypothermia, and Cardiac Equipment), by End User (Air Ambulance, Water Ambulance, and Ground Ambulance)and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights related to ambulance equipment market, click the link below:

https://www.coherentmarketinsights.com/market-insight/ambulance-equipment-market-1979

Key Takeaways of the Global Ambulance Equipment Market:

• Global ambulance equipment market is expected to exhibit a CAGR of 3.3% during the forecast period due to increasing launches of new smart ambulance services by hospitals. For instance, in April 2022, QRG Super Specialty Hospital had launched a smart ambulance service in India to provide timely medical care to patients in the emergency period during brain stroke, heart attack and trauma cases. The patient’s family would also be able to easily track the location of the ambulance through the live link shared by the hospital with this facility. This advanced life support ambulance is fully equipped with modern medical equipment such as ventilators, oxygen cylinders, electrocardiogram, stretchers, spine boards, head immobilizers, eco-air splints, roller splints, suction pumps, syringe pumps, wheelchairs, intubation kits, and emergency kits.
• Among End User, the air ambulance segment is expected to witness highest growth during the forecast period, owing to rapidly growing medical tourism in emerging economies such as Brazil and India, and its ability to reach faster compared to road ambulance and onboard medical assistance. For instance, in January 2022, Everdrone’s Emergency Medical Aerial Delivery (EMADE) service was designed to deliver help rapidly. It allows emergency dispatchers to send a drone carrying the device to a caller’s home, the lifesaving process before the ambulance arrives at their home. In particular patient’s case, it took three minutes for the services to deliver the defibrillator to his home. In a four-month pilot study testing the Ever drone’s Emergency Medical Aerial Delivery (EMADE) program, the service got 14 cardiac arrest alerts that would be eligible for drones. Drones took off in 12 of those cases, and 11 successfully delivered the defibrillators. Seven of those defibrillators were delivered before the ambulance arrived. In Europe, about 275,000 patients suffer from cardiac arrest annually with approximately 70 percent of those arrests occurring in a private home without a defibrillator on site, according to Everdrone. The survival rate is around 10 percent.
• Major players operating in the global ambulance equipment market include 3M, BLS Systems, Ltd., Medtronic Plc., GE Healthcare, Stryker Corporation, Allied healthcare products, Inc., Dragerwerk AG & Co. KGaA., Ambu A/S, Emergency Medical International, First Care Products, Ltd., and Emergency Medical Products, Inc.