Emergency Medical Service Products Market To Reach A Market Valuation Of US$ 50 Billion By 2032

The global market for emergency medical service products is expected to grow at a 6.3% CAGR and reach a market valuation of US$ 50 billion by 2032.
The emergency medical service products market was worth US$ 25 billion in 2021, and it is expected to grow at an 8% year-on-year rate in 2022, reaching US$ 27 billion.

Increased need for emergency treatment, an increase in the frequency of trauma, and rising healthcare spending globally are the primary driving forces for the emergency medical services (EMS) products market.

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Key Segments Covered in the Emergency Medical Service Products Industry Report

• Emergency Medical Service Products by Product Type :
o ECG Monitors
o Pulse Oximeter
o EEG Monitors
o Temperature Monitors
o Intracranial Pressure Monitors
o Transcranial Dopplers
o Disinfectant and Cleaning Agents
o Other Product Types
• Emergency Medical Service Products by End User :
o Hospitals
o Clinics
o Ambulatory Surgical Centers
o Other End Users
• Emergency Medical Service Products by Application :
o Cardiac Care
o Trauma Injuries
o Respiratory Care
o Oncology
o Other Applications

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• Emergency Medical Service Products by Region :
o North America Emergency Medical Service Products Market
o Latin America Emergency Medical Service Products Market
o Europe Emergency Medical Service Products Market
o Japan Emergency Medical Service Products Market
o APEJ Emergency Medical Service Products Market
o Middle East & Africa Emergency Medical Service Products Market

Key Emergency Medical Service Products Service Providers

• 3M
• Asahi Kasei Corporation
• C. R. Bard, Inc.
• Cardinal Health
• GE Healthcare
• Medtronic
• Philips Healthcare

Country-wise Insights

What is the outlook for the growth of emergency medical service products in the United States?
According to Fact.MR, North America is expected to lead the EMS product market during the forecast period, with a 6.1% CAGR. Improvements in healthcare infrastructure and a greater emphasis on emergency treatment by healthcare providers are two factors driving the regional market. Furthermore, the availability of experienced personnel and high reimbursement coverage are expected to drive product demand throughout the projection period.

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Category-wise Insights

Which EMS Application has the Highest Market Demand?
In the coming years, rising rates of cardiovascular disease will be the primary growth driver.
According to Fact.MR, due to the increasing incidence of cardiovascular problems and the global elderly population, emergency medical service products are expected to have the highest market share in cardiac care and trauma injuries. Oncology will also see a significant use of emergency medical service products.
Governments all over the world have increased their cash and grant investments in the development of hospital infrastructure and amenities. Furthermore, the rising prevalence of trauma injuries and chronic diseases has led to an increase in hospital admissions worldwide. According to Fact. MR, cardiac care, and trauma injuries will jointly contribute 50% revenue.

The report covers following insights and assessment that are helpful for all participants involved in the Emergency Medical Service Products Market:

• Data on recently introduced regulations and their impact on key industries and on demand in the Emergency Medical Service Products Market
• Key trends and changing consumer preferences in major industries
• Changing demand and consumption of diverse products
• Major trends underlining funding by key investors in numerous countries
• New investment opportunities in diverse technology and product or service types
• Comprehensive data of major players

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This release was published on openPR.