Global First Aid Kit Market, by First Aid Kit Type (Standard First Aid Kits and Sports or Health First Aid Kits, and Medical First Aid Kits), by Application (Bleeding, Burns, Animal Bite, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 21.0 million in 2019 and is expected to exhibit a CAGR of 3.4% over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights.
The global first aid kit market is expected to witness significant growth over the forecast period, owing to increasing product launches. For instance, in February 2019, a start-up Australian company Better Surf Marketplace has launched custom first aid kits for travelling surfers and outdoor people.
Furthermore, in 2018, Higher Gear Products LLC announced the launch of Higher Gear Products First Aid Kit which is available on Amazon marketplace. The higher gear product first aid kit is an essential accessory for home vehicles, outdoors, workplaces, and classrooms.
In August 2017, a start-up from New York, Mobilize Rescue System, introduced a smart first aid kit packaging which is the integration of technology and first aid accessories which prioritize medical emergencies and suggest a treatment process.
Browse 26 Market Data Tables and 27 Figures spread through 151 Pages and in-depth TOC on "Global First Aid Kit Market, by First Aid Kit Type (Standard First Aid Kits and Sports or Health First Aid kits and Medical First Aid Kits), by Application (Bleeding, Burns, Animal Bite and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"
To know the latest trends and insights related to global first aid kit market, click the link below:
https://www.coherentmarketinsights.com/market-insight/first-aid-kit-market-2534
The global first aid kit market is expected to witness significant growth over the forecast period, owing to increasing regulatory approvals. For instance, in 2017, Z-Medica, LLC, announced that QuikClot Control+ has been cleared for use by the U.S Food and Drug Administration under the de novo classification process and is designated as a class II medical device.
Key Takeaways of the Global First Aid Kit Market:
- The global first aid kit market expected to exhibit a CAGR of 3.4% over the forecast period (2019–2027), owing to increasing product launches.
- Among first aid kit type, the standard first aid kits segment is expected to account for a major revenue share by 2027. Standard first aid kits contain basic medical supplies for use at the time of injury.
- Major players operating in the global first aid kit market include 3M, Fieldtex Products, Acme United Corporation, Johnson and Johnson, Inc., Advacare Pharma, Canadian Safety Supplies, Cintas Corporation, Certified Safety Manufacturing, Cramer Products, Dynamic Safety USA, Firetex Protective Technologies, Green Guard, Hartmann, and Medline Industries.
