Home > Healthcare > Medical Devices > Medical Equipment > Ambulance Equipment Market

Ambulance Equipment Market Size

Report ID: GMI4552
Published Date: Nov 2023
Report Format: PDF

Download Free Sample

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.

To get key market trends

Download Free Sample

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.

Ambulance Equipment Market Report Attributes
Report Attribute	Details
Base Year:	2022
Ambulance Equipment Market Size in 2022:	USD 4.8 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	3.2 %
2032 Value Projection:	USD 6.5 Billion
Historical Data for:	2018 to 2022
No. of Pages:	106
Tables, Charts & Figures:	168
Segments covered:	Equipment Type, Mode of Transportation, and Region
Growth Drivers:	Increasing number of road accidents Technological advancements in ambulance equipment Rising prevalence of cardiovascular diseases across the globe Surge in number of hospitals across the globe
Pitfalls & Challenges:	High cost of ambulance equipment Stringent regulatory scenario

Learn more about the key segments shaping this market

Download Free Sample

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The ambulance equipment industry was valued at USD 4.8 billion in 2022 and is estimated to reach USD 6.5 billion by 2032 due to the increasing road accidents.

The respiratory equipment segment garnered USD 1.1 billion in 2022 and will grow significantly through 2032 due to its critical role in addressing emergency situations and the escalating prevalence of respiratory conditions globally.

U.S. ambulance equipment market accounted for USD 1.8 billion in 2022 and is predicted to witness substantial growth through 2032 due to its advanced healthcare infrastructure, robust emergency medical services (EMS) systems, and high demand for cutting-edge medical technology.

Allied Healthcare Products, Inc., BLS Systems, Ltd., GE Healthcare, 3M Company, Medtronic Plc, Dragerwerk AG & Co. KGaA., Stryker Corporation, Ambu A/S, B. Braun Melsungen AG, Ferno-Washington, Inc., Zoll medical corporation (Asahi Kasei Corporation), and Smiths Medical (ICU Medical).