Ambulance Equipment Market Equipments Details by Clinical Experts 2018-2026 With Key Players 3M, BLS Systems, Ltd., Medtronic Plc, GE Healthcare, Stryker Corporation, Allied healthcare products, Inc., Dragerwerk AG & Co. KGaA

Ambulance equipment is one of the major contributors to the hospital revenue and to the performance of the healthcare system. Ambulatory care equipment provide diagnosis, observation, and intervention services to patient with advanced medical treatments. Rising number of ambulance services is the major factor augmenting growth of the ambulance equipment market. As ambulances equipped with advanced medical facilities, including devices used in emergencies, provide immediate medical care to the patient until he/she reaches the nearest hospital. Moreover, ambulances have trained medical crew onboard to treat patients in emergency situations en route to the hospital.

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Market Dynamics

Commercialization of ambulatory drones that may require the use of ambulance equipment such as oxygen concentrators to provide essential oxygen supply to the people on the spot to remote locations and also transportation of defibrillator to a patient within 12 sq. km. zone within a minute is expected to spur growth of the market over the forecast period. Drones are already operating in countries such as the U.S., Haiti, and some parts of Europe. Emerging economies are yet to commercialize the technology. Effective implementation of the technology is expected to propel growth of the ambulance equipment market.

Moreover, increasing government investments in ambulance services and equipment also expected to have meteoric growth on the market. For instance, in March 2013, Essentia Health, an integrated health system serving patients in Minnesota, Wisconsin, North Dakota, and Idaho invested over US$ 500,000 in new ambulance equipment, which enables paramedics to easily supply monitors and defibrillators to patients.

Ambulance equipment is a type of equipment used to aid patients at the time of medical emergencies, including accidents and surgeries, thus helping minimize personal injuries and preventing loss of life. Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to rampant growth of efficient and on-the-time delivery of treatment through ambulance equipment and services.

Increasing number of ambulance services, which can availed by patients directly or by hospitals and other organizations is directly boosting growth of the ambulance equipment market. According to an article published in daily newspaper of the U.S., around 17.3 million emergency patient transports occurred in 2012 across the world. Hence, rising number of emergency cases is a major factor that is expected to augment growth of the ambulance equipment market during the forecast period.

Competitive Analysis

Key players operating in the ambulance equipment market include 3M, BLS Systems, Ltd., Medtronic Plc, GE Healthcare, Stryker Corporation, Allied healthcare products, Inc., Dragerwerk AG & Co. KGaA., Ambu A/S, Emergency Medical International, First Care Products, Ltd., and Emergency Medical Products, Inc. Manufacturers are focusing on providing innovative products and value through proactive servicing, responsiveness, agility, improved equipment availability, economical service, and life cycle savings. For example, GE Healthcare offers AirStrip ONE mobile platform, which provides an integrated view of patient information from multiple data sources into a single user interface on iOS and Android platforms, thus enables clinicians to receive a complete picture of a patient’s health at the moment of care, from anywhere. Utilization of such kind of devices in ambulances may help to rescue people during medical emergencies and in turn, boost market growth.

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Increasing number of accidents and growing geriatric population are expected to drive growth of the ambulance equipment market

Increasing cases of bone fractures, trauma due to fall, and others, are increasing the demand for medical intervention (orthopedics), thus, augmenting the need for ambulance equipment products. In 2012, according to the National Institute of Health, knee is the most commonly injured joint by adolescent athletes with an estimated 2.5 million sports-related injuries presenting to emergency departments, annually in the U.S. This number is expected to increase significantly over the forecast period.

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