Press release
Ambulance Equipment Market 2020-2025 | to Witness Excellent Long-Term Growth Outlook
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.
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Coronavirus (COVID-19) Impact Analysis:
The report includes the latest coverage of the impact of COVID-19 on the Ambulance equipment industry. The incidence has affected nearly every aspect of the business domain. The outbreak has drastically affected the current business landscape and, subsequently, manufacturers and buyers. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
Ambulance Equipment Market- Competitive Landscape
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.
Moreover, adoption of organic and inorganic growth strategies by various manufacturers is also propelling growth of the ambulance equipment market. For instance, in 2016, Stryker Corporation is planning to acquire Physio-Control International, a maker of vital-sign monitors and defibrillators, for US$ 1.28 billion.
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