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Emergency Medical Service Products Market Investigation Reveals Enhanced Growth during the forecast Period, 2017 to 2026 | Key Players are C. R. Bard Inc., Cardinal Health, GE Healthcare, etc.

08-28-2019 12:23 PM CET | Health & Medicine

Press release from: Fact.MR

Emergency Medical Service Products Market Investigation

As per the current market trends and the promising nature of the emergency medical service products market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACT.MR would be publishing a resourceful analysis that will enclose knowledge about the emergency medical service products market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2017-2026, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.

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As technology evolves, majority of the healthcare professionals have been addressing emergency medical services as more integrated rapid and mobile response branch of the overall healthcare system, rather than a separate emergency response. According to most of the patients receiving EMS, it is witnessing a rapid integration into the overall healthcare system, indicating that “mobile integrated healthcare” is a better term describing the profession as compared to “emergency medical services”. Extricating, moving and lifting patients are considered to be major aspect among responsibilities of EMS. Access to high quality data regarding these patients is influencing the decision making in patient care. With electronic patient care records closing in on maturity, pre-hospital medical professionals and paramedics are gaining access to the overall scenario of the patients’ medical history. This helps medical professionals in ensuring that all patients get the right attention, and are admitted to right hospitals for receiving the accurate treatment, thereby creating demand for emergency medical service products.

In terms of volume, the global market for emergency medical service products is slated to record a CAGR of over 6% throughout the forecast period (2017-2026), according to FactMR. Revenues from worldwide sales of emergency medical service products are estimated to reach nearly US$ 34,000 Mn by 2026-end. In terms of revenues, emergency medical service products are poised to witness the largest application in cardiac care and trauma injuries, mainly because of growing prevalence of cardiovascular disorders and the surge in geriatric population globally. Oncology will also prevail as a major application of emergency medical service products.

Governments across the globe have been increasingly providing investments, funds & grants for developing the hospital infrastructure and facilities. In addition, surging prevalence of trauma injuries and chronic conditions have led to a rise in hospital admissions worldwide. Hospitals therefore require large number of medical devices and equipment to cater mounting number of patients, and emergency medical service products are no exception. Hospitals will continue to be the leading revenue contributor to the global emergency medical service products, based on end-users.

In terms of volume, disinfectant and cleaning agents will continue to be the top-selling product in the market. However, in terms of revenues, ECG monitors will remain the dominant product in the market, followed by EEG monitors. North America will continue to be the most remunerative region for growth of the emergency medical service products market, both in terms of value as well as volume. Europe and Asia-Pacific excluding Japan (APEJ) will also remain lucrative markets for emergency medical service products, with revenues collectively estimated to reach approximately US$ 15,000 Mn by 2026-end.

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The global market for EMS products is highly fragmented and is characterized on the basis of clinical results of products and new product launches. Leading manufacturers of EMS products are therefore adhering to strategies such as clinical trials, research & development, acquisitions, partnerships, joint ventures for increasing their market footprint. Key players tracked by the report, which are contributing significantly to the market expansion, include 3M, Asahi Kasei Corporation, C. R. Bard, Inc., Cardinal Health, GE Healthcare, Medtronic, and Philips Healthcare.

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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