>
>
Ambulance Equipment Market - By Equipment Type (Transportation, Burn Care, Diagnostic and Infection Control, Blood and Hemorrhage Control, Cardiac, & Respiratory Equipment), By Mode of Transportation (Ground, Air, Water) – Global Forecast, 2023-2032
Download Free PDF

Ambulance Equipment Market
Get a free sample of this reportGet a free sample of this report Ambulance Equipment Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2022
Companies covered: 15
Tables & Figures: 168
Countries covered: 25
Pages: 106
Download Free PDF
Ambulance Equipment Market Size
Ambulance Equipment Market size was valued at USD 4.8 billion in 2022 and is anticipated to register at a CAGR of over 3.2% between 2023 and 2032. Ambulance equipment refers to a set of specialized medical devices and tools that are essential for emergency medical services (EMS) and patient transportation in ambulances. Increasing road traffic accidents is a significant driving factor for the market expansion.
For instance, according to the World Health Organization (WHO), approximately 1.3 million people die annually from road traffic crashes, with predictions indicating it will become the seventh leading cause of death by 2030. Therefore, a rise in global road accidents fuels demand for well-equipped ambulances, thereby accelerating the market development.
Furthermore, technological advancements in ambulance equipment, including advanced monitoring, telemedicine, which is estimated to reach USD 244.2 billion by 2032, and diagnostic tools, have significantly improved patient care. Thus, the integration of modern technologies ensures enhanced communication, faster diagnosis, and more accurate treatment, stimulating the overall growth of the market.
COVID-19 Impact
The COVID-19 pandemic drove a resurgence in the ambulance equipment market, resulting in increased investment in critical care devices specifically designed for transporting COVID-19 patients. This surge in demand accelerated innovations, incorporating real-time communication, telemedicine, and advanced diagnostics into ambulances.
Ambulance Equipment Market Trends
The global increase in cardiovascular diseases has led to a higher demand for ambulance services equipped with specialized cardiac care equipment. For instance, worldwide, cardiovascular diseases (CVDs) claim 17.9 million lives annually, ranking as the leading global cause of death as per the World Health Organization (WHO). Additionally, in 2021, heart disease claimed about 695,000 lives in the U.S., representing 1 in 5 fatalities. Thus, as heart-related emergencies become more common, there is a need for ambulances to be equipped with defibrillators, cardiac monitors, and other life-saving devices.
Ambulance Equipment Market Analysis
The market by equipment type is categorized into transportation equipment, burn care equipment, diagnostic and infection control equipment, blood and hemorrhage control equipment, cardiac equipment, respiratory equipment, and other equipment types. The respiratory equipment segment garnered USD 1.1 billion revenue size in the year 2022.
Therefore, with a focus on immediate and effective respiratory support in pre-hospital care, the segment is poised to maintain its leading position in the market.
Based on mode of transportation, the ambulance equipment market is segmented into ground ambulance, air ambulance and water ambulance. The ground ambulance segment garnered USD 3.1 billion revenue size in the year 2022.
U.S. ambulance equipment market accounted for USD 1.8 billion revenue size in 2022 and is predicted to witness substantial market progress.
Ambulance Equipment Market Share
The ambulance equipment industry is consolidated, with key players including Stryker Corporation and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, in November 2020, Stryker's acquisition of Wright Medical Group bolstered its global standing in trauma and extremities, fuelled innovation, and expanded patient reach. This strategic move underscored Stryker's commitment to advancing comprehensive healthcare solutions in extremity care and biologics, highlighting its dedication to enhancing capabilities in critical medical fields.
Some of the eminent market participants operating in the ambulance equipment industry include:
Ambulance Equipment Industry News:
Ambulance equipment market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:
Click here to Buy Section of this Report
By Equipment Type, 2018 – 2032 (USD Million)
By Mode of Transportation, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries: