Emergency Medical Equipment Market, by Product Type (Diagnostic Medical Equipment, Emergency Resuscitation Equipment, Personal Protective Equipment, Patient Handling Equipment, Other Equipment), by Application (Cardiac Care, Cancer Care, Respiratory Care, Trauma, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Emergency Medical Services (EMS) require specialized equipment to aid in the provision of emergency care. The rapid development of medical technology has transformed the international EMS systems with introduction of multifunctional compact monitoring systems. These equipment are making the task of monitoring patients manageable in an uncontrolled environment of pre-hospital settings.
Market Dynamics
Increasing geriatric population prone to various medical emergencies such as cardiac arrest, respiratory disorders, and other medical urgency and rising incidences of natural calamities require advanced emergency medical care. According to World Health Organisation (WHO) report, cardiovascular disease is the leading cause of death globally, the anticipated 17.9 million deaths in 2019 accounted for 32% of all fatalities worldwide, 85% of heart attacks and strokes were the main cause of the deaths.
According to GRID-Arendal, an official United Nations Environment Programme (UNEP) 2018, with the growing population and infrastructure, the world’s exposure to natural hazards is increasing inevitably. Therefore, all these factors are collectively driving demand for emergency medical services eventually driving the emergency medical equipment market revenue.emerg
Despite the increasing demand, the emergency medical services vary drastically from developed to emerging economics. Low and middle-income countries lack comprehensive EMS that can be accessed throughout the country which can be a restraining factor for emergency medical equipment market growth. However, some of these countries are involving international industry players to explore untapped opportunities in emerging economies. For instance, according to the Journal of Emergency Medical Services, in 2019, India had hosted the Asian Conference on Emergency Medicine, which was expected to be attended by major industry players, and India was a good entry point for the entire subcontinent.
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