Global Ambulance Stretchers Market - Analysis and Forecast To 2024, Getting Group, Stryker Corporation, Omega Surgical Industries, Dragon Industry (ZJG) Co., Ltd., Medline Medical Equipment

Industry Overview
The global ambulance stretchers market was valued at USD 640.0 million in 2018. The global ambulance stretchers market is growing at a significant rate, due to increasing accidental cases, mounting prevalence of cardiovascular diseases, and surge healthcare expenditure. Different types such as into emergency stretchers and transportable stretchers contributed to the ambulance stretchers market size. The market has witnessed a high demand for transportable stretchers in the coming years due to schemes undertaken by major players for the introduction of technologically advanced products.

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Growth Drivers
The increasing trauma and accidental cases, escalating geriatric population, a surge in medical tourism, increasing healthcare expenditure, a surge in alertness among the general public about emergency services, and improving healthcare infrastructure in developing countries are the primary growth drivers for the ambulance stretchers market.

An upsurge in sports injury, surge government schemes to enhance healthcare infrastructure, promising reimbursement scenario, and an upsurge in injury at the workplace is also facilitating the growth for the ambulance stretchers market. Mounting prevalence of cardiovascular diseases and the bariatric population is propelling the growth of the ambulance stretchers market. For instance, according to WHO in 2016 approximately 17.9 million people died from cardiovascular diseases, globally.

Geographic Overview
Geographically, North America is the largest ambulance stretcher market as in the region, owing to the presence of a large number of key players, promising reimbursement scenario, and escalating geriatric population. In addition, a surge in the prevalence of cardiovascular diseases and a mounting need for high-quality healthcare services are also up surging the growth of the North American ambulance stretchers market.

Asia-Pacific is observed to witness the fastest growth in the market, due to the surge in medical tourism, a surge in road traffic accidents, and increasing healthcare expenditure. In addition, a surge in the geriatric population and improving healthcare infrastructure are also creating a positive impact on the ambulance stretchers market growth in the region.

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Competitive Insight
Key players in the ambulance stretchers market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In November 2018, Ontario signed an agreement with HeliMod, for the equipment of an improved stretcher system in the Ornge fleet of AW139 helicopters. Hill-Rom Holdings, Inc., Getting Group, Stryker Corporation, Omega Surgical Industries, Dragon Industry (ZJG) Co., Ltd., Medline Medical Equipment, Inc., Fu Shun Hsing Technology Co., Ltd., Zhangjiagang New Fellow Med Co., Ltd., and Ferno-Washington, Inc. are the key players offering ambulance stretchers.

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