Opportunities And Various Trends in Emergency Room Equipment Market

Global emergency room equipment was valued at US$ 7,098.0 million in 2017, and is expected to register a CAGR of over 5.8%. Emergency room equipment refers to medical equipment and devices that facilitate patient care during medical emergencies.

Technological advancements in emergency room equipment such as miniaturization of imaging equipment, development and introduction of portable and wireless CT scanner machines is another factor expected to drive growth of the global emergency room equipment market significantly over the forecast period.

High cost of medical equipment is one of the primary factors expected to limit the growth of the global emergency room equipment market over the forecast period.

Technological advancements such as 3D and 4D imaging equipment and systems, development of more affordable cloud-based ECD equipment and systems, especially in emerging economies, to collect, store, secure, and manage vast volumes of sensitive data/information of patients.

The cardiac equipment segment is expected to contribute major revenue share and expected to maintain its dominance over the forecast period. Cardiac equipment witness highest CAGR of over 6.0%, as it provides a visual display of heartbeat and is highly useful in emergency rooms in the event where a patient is likely to suffer from a heart attack.

According to the European Heart Network (EHN), in Europe in 2015, around 85 million individuals were living with cardiovascular disease (CVD).
orth America market is expected to dominate the global emergency room equipment, and it accounts for largest market revenue over US$ 2,500 million in 2017 as compared to that of markets in other regions.

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In December 2016, the US Food and Drug Administration approved Clarius – a wireless, hand-held ultrasound scanner that can be connected and used though a smartphone app.

In 2017, Europe accounted for the second largest revenue share contribution to the global emergency room equipment owing to the high prevalence of cardiovascular diseases (CVDs). In February 2017, according to a report published by the European Heart Network, approximately 85 million people in Europe were living with cardio vascular diseases (CVDs) and accounted for 45% of all deaths in Europe.

In May 2015, Fujifilm Corporation acquired TeraMedica, Inc. Acquisition offers archive solutions for managing and storing a range of digitized in-hospital clinical information, including diagnostic images of Picture Archiving Communication System (PACS).

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