Global Smart Ambulance Market Size & Share to 2027
Global Smart Ambulance Market Size, Trends & Growth Opportunity, By Type (Van Ambulance, Car Ambulance, and Others) By Component (Ambulance GPS tracking System, Ambulance Real-Time Diagnosis System, Intelligent Traffic Controlling System, GSM System, Buzzer System, Micro controller, ADC, and Amplifier), By Service Type By Region and Forecast till 2027
Global Smart Ambulance Market
Smart ambulance is IoT based technology which includes intelligent traffic control system, mobile communication technology, GSM system, microcontroller, amplifier,and 4G/ 5G network connectivity. Smart ambulance is able to track and send data of location of the vehicle to the hospital control room, for constant doctor-paramedic contact to share the patient’s health condition by using 5G technology/ GSM system and cloud server for data storage.
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Market Drivers
Increase in adoption of smart technology such as IoT (Internet of Things), AI (Artificial Intelligence), and Machine Learning in healthcare industry which is expected to boost the global smart ambulance market growth. Furthermore, increase in partnerships, mergers & acquisitions by key players will positively contribute the market growth. For instance, in March 2020, O&H Technology announced their partnership with Excelerate Technology for development and launch of UK’s first fully integrated smart ambulance with unique features such as mobile communication technology, optimized 4G and satellite technology and services. Furthermore, increase in number of acute to severe road accidents will raise the need of access of immediate advanced treatment and shifting focus of emergency medical services from manual to automatic system which is expected to propel the smart ambulance market growth. Moreover, rise in incidences of life threatening that require emergency medical response is expected to drive the market growth during this forecast period.
Market Restraints
However, lack of awareness regarding smart ambulance in underdeveloped nations is the major challenging factor which is expected to hinder the global smart ambulance market growth. Also, requirement of huge investment is another challenging factor for market which is expected to hamper the market growth during this analysis period.
Market Segmentation
Global Smart Ambulance Market is segmented into type such as Van Ambulance, Car Ambulance, and Others, by component such as Ambulance GPS tracking System, Ambulance Real-Time Diagnosis System, Intelligent Traffic Controlling System, GSM System, Buzzer System, Micro controller, ADC, and Amplifier, by service type such as Basic Life Support Ambulance Services, and Advanced Life Support Ambulance Services. Further, market is segmented into application such as Transportation System, Burn Care Equipment, Diagnostic and Infection Control Equipment, Blood and Haemorrhage Control Equipment, Cardiac Equipment, Respiratory and Hypothermia Equipment, and others, by end user such as Hospitals, Emergency Care Centers, and Others.
Also, Global Smart Ambulance Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market key Players
Major key players are involved in supporting the global smart ambulance market such as Robert Bosch GmbH, Google Inc., Huawei Technologies, IBM Corporation, Koninklijke Philips NV, Honeywell International, AT&T, O&H Technology, Excelerate Technology, and Softec Technology
Market Taxonomy
By Type
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