Ambulance Equipment Market size is projected to experience significant growth from 2020 to 2026. Ambulance equipment are emergency equipment carried in ambulance vehicles for rehabilitation and emergency transportation of patients. The standard ambulance equipment carried by ambulance vans include automated external defibrillators, oxygen supply equipment, blood pressure gauges, infusion pumps, stethoscopes and first aid kits among several others.
Various countries across the world have separate set of well-defined standards for type of ambulances and equipment to be carried with them. With increasing cases of road accidents, cardiovascular emergencies, trauma incidents and expanding geriatric pool, the adoption of ambulance equipment will increase in the forecast period.
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Rising road accidents will expand ambulance equipment market size in future. According to the Association for Safe International Road Travel, around 20 to 50 million people are either disabled or injured worldwide due to road accidents per year. Victims of road accidents require instant rescue and rehabilitation. Proper ambulance management at appropriate time assist patients in trauma management. Thus, with growing cases of accidents across the globe, the demand for ambulance equipment will expand in the forthcoming years.
Improving operating model for ambulances will stimulate the demand for ambulance equipment in the upcoming years. Ambulance services are expanding in emerging economies due to increasing traffic-related traumas. In developed countries, ambulance vans are being upgraded to provide better and fast patient support. With advancing services and growing inclination towards providing sustainable patient care, ambulance equipment market will foresee lucrative growth in the foreseeable future.
On the basis of product type, the market is classified as blood and hemorrhage control devices, burn care equipment, diagnostics and infection control equipment, respiratory and hypothermia, cardiac equipment, transportation equipment and other equipment. Cardiac equipment segment will witness robust growth in the coming years due to rising incidence of cardiac arrest and stroke among the population. Cardiovascular diseases (CVDs) need immediate triage due to high mortality associated with CVDs. Thus, with increasing geriatric population prone to CVDs and increasing adoption of lifestyle habits that increase their risk, the segment will proceed at significant rate.
On the basis of ambulance service, ambulance equipment market is segmented as air ambulance service, ground ambulance service and water ambulance service. Air ambulance service segment will propel the demand for ambulance equipment in future. This is owing to increasing need for emergency medical care by the patients. Moreover, air ambulance service is provided by the leading hospitals to cater to the needs of those patients that require emergency medical assistance and reside in remote locations. Thus, the aforementioned factors will be conducive to segmental growth.
By ambulance type, the market is segmented into basic life support ambulance, advanced life support ambulance and patient transport vehicle. The advanced life support ambulance segment is expected to show significant growth across the forecast timeframe. High growth is attributed to rising demand for pre-hospital emergency services. Also, major market players are focusing on increasing the number of advanced life support ambulance, that will drive the industry growth.
North America will dominate the global ambulance equipment industry during the analysis period. This is due to cost-saving options offered by the ambulance services. Growing need for emergency care before hospitalization will significantly drive the industry growth. Also, rising number of emergency cases and increasing number of players offering the ambulance services will be the major factors propelling the ambulance equipment market.
3M, Allied Healthcare Products, Ambu A/S, BLS Systems, Draeger Medical, Hersill Medical devices, McKesson Corporation, Medtronic plc, ROYAX Medical Solution and Stryker are few of the key market players operating in the global ambulance equipment market share. These players are undertaking various initiatives to increase their market share.
Ambulance Equipment Market, By Product Type, 2015-2026 (USD Million)
By Ambulance Service, 2015-2026 (USD Million)
By Ambulance Type, 2015-2026 (USD Million)
The above information is provided for the following regions and countries: