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Ambulance Stretchers Market is Anticipated to Expand upto $2.84 Billion in 2029
Ambulance Stretchers
What Is the Forecasted Market Growth Rate of the Ambulance Stretchers Industry?
In recent times, the ambulance stretcher market has significantly enlarged. The potential for growth remains high as it is projected to expand from $2.07 billion in 2024 to $2.21 billion the following year, with an impressive compound annual growth rate (CAGR) of 6.9%. The historic surge in this sector is linked to several factors such as the increased demand for patient comfort and safety, heightened consciousness over pre-hospital critical care, growth in urbanization and traffic congestion. Other contributing factors include the rising occurrence of natural calamities and mass casualties events, along with the inflated expenditure in healthcare.
How Will the Ambulance Stretchers Market Size Evolve From 2025 to 2029?
In the coming years, a robust growth is anticipated for the ambulance stretcher market which is projected to reach $2.84 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 6.5%. Factors attributing to this projected growth during the forecast period may include an increased demand in emergency medical services, an aging population, a surge in chronic illness cases, an expansion in the number of ambulance fleets, and enhanced investment in healthcare infrastructure. Key trends predicted for the forecast period comprise advancements in stretcher technology, the integration of electronic lifting mechanisms, progress in lightweight composite materials, innovation in foldable and space-saving stretcher systems, and the advent of technology-driven remote patient monitoring features.
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What Are the Main Growth Drivers in the Ambulance Stretchers Market Today?
The ambulance stretchers market is predicted to expand due to the escalating number of road accidents. These accidents are unexpected occurrences or collisions on streets or highways that involve one or several vehicles, often leading to injuries, fatalities, or damage to property. The surge in road accidents can be attributed to the increasing problem of distracted driving due to mobile phone usage, which distracts drivers and heightens the possibility of crashes. Ambulance stretchers play a crucial role during road accidents by enabling safe and efficient transportation of the injured from the incident location to healthcare establishments, thus avoiding further injury and facilitating immediate medical care. For instance, the Transport Accident Commission, a government entity based in Australia, reported in June 2024 that there were 289 fatalities on Victorian roads, which was an 8.6% rise with an additional 23 deaths compared to the same timeframe the preceding year. Hence, the growing frequency of road accidents is fuelling the expansion of the ambulance stretchers market.
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Which Ambulance Stretchers Market Segment Is Expected to Lead Through 2029?
The ambulance stretchers market covered in this report is segmented -
1) By Type: Manual Stretchers, Electric Stretchers, Foldable Stretchers, Stretcher Chairs
2) By Technology: Non-Motorized, Motorized
3) By Material: Aluminum, Steel, Plastic, Composite Materials
4) By End Users: Emergency Medical Service Providers, Hospitals, Ambulatory Service Centers, Other End-Users
Subsegments:
1) By Manual Stretchers: Wheeled Stretchers, Non-wheeled Stretchers, Scoop Stretchers, Basket Stretchers
2) By Electric Stretchers: Hydraulic Electric Stretchers, Battery-powered Electric Stretchers, Adjustable Height Electric Stretchers, Self-loading Electric Stretchers
3) By Foldable Stretchers: Canvas Foldable Stretchers, Aluminum Foldable Stretchers, Pole-Type Foldable Stretchers, Spinal Board Foldable Stretchers
4) By Stretcher Chairs: Convertible Stretcher Chairs, Stair Climbing Stretcher Chairs, Foldable Stretcher Chairs, Transport Wheelchair Stretchers
Which Market Trends Are Expected to Dominate Ambulance Stretchers Industry Growth?
Leading companies in the ambulance stretcher market are prioritizing the creation of innovative products like self-loading electric stretchers to increase patient safety, decrease physical labour for emergency workers, and boost efficiency in patient conveyance. The self-loading electric stretcher, a motorized transportation device for patients with an automatic loading and unloading system, can lift and load itself into an ambulance without requiring healthcare staff to manually lift it. For example, KARTSANA, S.L., a manufacturer based in Spain, introduced the superbrava electric stretcher in December 2023, aiming to boost efficiency and safety in patient transport. The stretcher, equipped with a hydraulic lifting system that can support up to 320 kg and adjustable handrails in multiple positions, ensures patient comfort and security while providing maximum strength, safety, and maneuverability. It is crafted to allow safe and straightforward transport of patients, lessening the burden on emergency medical technicians in stressful circumstances.
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Which Companies Hold the Largest Market Share in the Ambulance Stretchers Sector?
Major companies operating in the ambulance stretchers market are Medline Industries LP, Stryker Corporation, Baxter International Inc., Hill-Rom Holdings Inc., Hebei Pukang Medical Instruments Co. Ltd., Ferno-Washington Inc., Spencer Italia S.r.l., Narang Medical Limited, Advin Health Care, Kartsana Medical GmbH, IndoSurgicals Private Limited, Frima Concept SARL, Dragon Industry Co. Ltd., PVS S.p.A., Desco Medical India, Fu Shun Hsing Technology Co. Ltd., Besco Medical Limited, Red Leaf Medical Inc., Sarvottam Appliances Private Limited, EMS Mobil Sistemler A.S
Where Is the Ambulance Stretchers Market Experiencing the Highest Growth?
North America was the largest region in the ambulance stretchers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulance stretchers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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