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
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
The global ambulance equipment market is expected to register a growth rate of 3.2% during 2023-2032 driven by advancements in technology, along with the increased focus on enhancing patient care.
According to a report by National Library of Medicine in 2022, the above 50 years aged population is set to double in those with one chronic disease, reaching 142.66 million by 2050. Simultaneously, multimorbidity will rise by 91.16% to 14.968 million. Urgent healthcare measures are essential to manage the escalating burden of chronic conditions in the elderly. The increasing prevalence of chronic diseases and emergencies necessitating swift medical attention is propelling the demand for well-equipped ambulances. Furthermore, the growing awareness about the importance of pre-hospital care and the need for well-equipped ambulances is driving governments and healthcare organizations to invest in advanced ambulance equipment.
The ambulance equipment market is classified based on equipment type, mode of transport, and region.
The diagnostic and infection control equipment segment is expected to witness a demand surge through 2032 driven by the increasing emphasis on infection control and prevention measures, particularly in the wake of global health crises. Manufacturers are innovating with portable diagnostic devices and infection control equipment to ensure the safety of both patients and healthcare providers. Moreover, the demand for real-time diagnostic capabilities and stringent infection control protocols in emergency medical settings will favor segment growth.
The air ambulance segment is set for decent growth during the study period driven by the demand for rapid and efficient patient transport in critical situations. The integration of state-of-the-art medical equipment, including advanced life support systems, in air ambulances is enhancing their capabilities to handle complex medical emergencies during transit. Moreover, the air ambulances are witnessing increased investments to improve infrastructure, ensure safety compliance, and expand service reach.
Asia Pacific ambulance equipment industry is poised for a speedy growth through 2032 driven by an increasing population, coupled with rising urbanization, and awareness about emergency medical services. Governments in countries like China, India, and Japan are investing in healthcare infrastructure. Moreover, growing number of partnerships, mergers, and acquisitions among key players, is further fostering market growth.