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Ambulance Equipment Market Trends

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

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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.

Furthermore, the expansion of healthcare infrastructure including the establishment of new hospitals and healthcare facilities contributes to the growth of the market.
With more hospitals being set up globally, there is an increased need for well-equipped ambulances to facilitate timely patient transportation and emergency medical care.
Therefore, the demand for ambulance equipment is closely linked to the growth in the number of healthcare facilities.

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).