Ambulance Stretchers Market size is expected to reach USD 361.36 Million by 2027 | CAGR 4.52%

22 Jun 2021

The global Ambulance Stretchers market is valued at USD 253.32 Million in 2020 and is expected to reach USD 361.36 Million in 2027, growing at a CAGR of 4.52% from 2021 to 2027

Increasing number of road accidents and  high number of emergency care admissions are anticipated to drive the growth of Global Ambulance Stretchers Market.

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Market Analysis of Ambulance Stretchers -
Stretchers are primarily used in emergency medical services, acute out-of-hospital care situations, military and search and rescue personnel. Ambulance Stretchers are mainly used in ambulances to transport the patient in various health condition requirements. These stretchers are mobile, thickly padded, and narrowly shaped to fit inside an ambulance with first responders around them. In addition, these types of stretchers can be collapsible and transformable. Modern stretchers are battery-powered hydraulics to raise and collapse the legs automatically. It makes  the workload on EMS personnel more easy as statistically they are at high risk of back injury from repetitive raising and lowering of patients. Now a days, specialized bariatric stretchers are also available with a wider frame and higher weight capacity for heavier patients. Some of the recent Ambulance Stretchers are with scoop capabilities that can be unlocked into two sections, positioned under a patient and locked again for transport mode. A good Ambulance Stretchers must have lightweight frame, transforming traits, bariatric features, MRI compatibility, power assist and other Ambulance Stretchers accessories.

Global Ambulance Stretchers Market report is segmented on the basis of product type, technology, end-user and region & country level. Based upon product type, global Ambulance Stretchers market is classified into emergency stretchers and transport stretchers. Based upon technology, the market is divided into manual stretchers, electric powered stretchers and pneumatic stretchers. Based on end-user, the Ambulance Stretchers market is classified into hospitals, EMS service providers, ambulatory service centers and others.

The regions covered in this Global Ambulance Stretchers Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Ambulance Stretchers is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players -
Some major key players for Global Ambulance Stretchers Market are Stryker Corporation,  Jiangsu Saikang Medical Equipment Co. Ltd., Zhangjiagang New Fellow Med Co.,Ltd., Dragon Industry(ZJG) Co., Ltd, Narang Medical Limited, Jiangsu Rixin Medical Equipment Co., Ltd., Ferno-Washington Inc., Omega Surgical and others.

Increasing Number of Road Accidents and  High Number of Emergency Care Admissions are the Major Factors Driving the Growth of Global Ambulance Stretchers Market.-

Apart from emergency care, ambulance provides a significant level of non-emergency transport as well such as transport for scheduled health services and for patients travelling between facilities. Thus, increasing demand of ambulance care is one of the keys factors driving the market growth. The other major factors driving the growth of global Ambulance Stretchers market is increasing geriatric population coupled with the increasing prevalence of  organ failure, such as heart or liver failure. In addition, high number of accidents, sports injuries and growing geriatric population are also supplementing the market growth. For example; In 2018, there were around 25,100 fatalities in road accidents in the EU 28. In United States, where 41,100 people died in road-related incidents in 2017, according to Federal Highway Administration statistics. Furthermore, increasing number of hospitals, emergency centers and increasing medical tourism are also supplementing the growth of global Ambulance Stretchers market. However, lack of skilled professionals in the emergency services and high cost of Ambulance Stretchers may hamper the market growth.

North America is Expected to Dominate the Global Ambulance Stretchers Market-

The global Ambulance Stretchers market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global Ambulance Stretchers market within the forecast period attributed to  the highly developed healthcare infrastructure and high investment on research and development in this region.

Asia Pacific is anticipated to witness a lucrative  growth with a highest CAGR in global Ambulance Stretchers market owing to the presence of large number of manufacturers in this region. In addition, increasing number of hospitals, high number of hospital admissions, increasing aging population and improving healthcare infrastructure are also fostering the market growth in this region. As per India Brand Equity Foundation (IBEF); India is expected to rank amongst the top three healthcare markets in terms of incremental growth by 2020. Indian healthcare sector is one of the fastest growing industries and anticipated to grow with a CAGR of 22.87% during from 2015 to 2020 to reach USD 280 billion by 2020. There is a tremendous scope for enhancing healthcare services penetration in India, thus presenting ample opportunity for the development of the healthcare industry.

Key Benefits Market Report–

Global Ambulance Stretchers Market report covers in-depth historical and forecast analysis.
Global Ambulance Stretchers Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Ambulance Stretchers Market report helps to identify opportunities in marketplace.
Global Ambulance Stretchers Market report covers extensive analysis of emerging trends and competitive landscape.

Market Segmentation:-

By Product Type:

Emergency Stretchers
Transport Stretchers

By Technology:

Manual Stretchers
Electric Powered Stretchers
Pneumatic Stretchers

By End-User:

Hospitals
EMS Service Providers
Ambulatory Service Centers
Others

By Regional & Country Level:

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa

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