- Report ID: BMRC 1354 | Number of pages: 200 | Publish Date: Jan 2021
Status: Published | Category: Medical Device | Delivery Timeline:
Emergency Medical Service (EMS) Products Market is valued at USD 21.10 Billion in 2020 and expected to reach USD 32.68 Billion by 2027 with the CAGR of 6.45% over the forecast period.
Emergency Medical Service (EMS) Products Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- The increasing incidences of trauma injuries, high demand for emergency care are some of the major factors driving the growth of Global Emergency Medical Service (EMS) Products Market.
Emergency Medical Service (EMS) is an essential public service. It is a part of an intricate system of an organizations and agencies, trauma systems, as well as hospitals, communications and transportation networks; specialty care centers and rehabilitation facilities. It is most easily recognized when emergency vehicles or helicopters are seen responding to emergency incidents. It is much more than a ride to the hospital. It is a system of coordinated response and emergency medical care, involving multiple people and agencies.
Emergency Medical Service (EMS) Products market report is segmented on the basis of product type, application and by regional & country level. Based upon location, emergency medical service (EMS) products market is classified into patient monitoring systems, wound care consumables, infection control supplies, patient handling equipment and personal protection equipment. Based upon application, emergency medical service (EMS) products market is classified into hospitals and trauma centers, ambulatory surgical centers and other.
The regions covered in this Emergency Medical Service (EMS) Products market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Emergency Medical Service (EMS) Products is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Emergency Medical Service (EMS) Products market report covers prominent players are Cardinal Health, Medtronic, Johnson & Johnson, Stryker Corporation, GE Healthcare, Asahi Kasei, 3M, BD, Philips Healthcare, Smiths Medical, Smith & Nephew, C. R. Bard, Inc., B. Braun and Others.
Philips Launched Pre-Hospital Wireless Monitoring Solution for Emergency Medical Response in U.S.
July 29th, 2020; Royal Philips announced the launch of its remote monitoring and defibrillator solution (Tempus ALS) for pre-hospital settings in the U.S. The solution is a complete end-to-end system that combines innovative hardware and advanced software to expand the pre-hospital scope of care for first responders. The professional defibrillator (Tempus LS-Manual) is the final element of the overall solution to receive 510(k) clearance from the U.S. Food and Drug Administration (FDA) and is now available for sale in the U.S. market. As a unique modular platform, the remote monitoring and defibrillator solution (Tempus ALS) consists of a remote portable vital signs patient monitor (Tempus Pro), and remote professional defibrillator (Tempus LS-Manual). While the monitor and defibrillator can be used separately, the devices also connect wirelessly to share data and transfer vitals, waveforms and images into Philips web-based software platform (IntelliSpace Corsium). The software platform provides robust, real-time transfer of clinical data and events, interactive ECG measurement, two-way communication and more, enabling rapid clinical and transport decision support and seamless electronic patient care recording (ePCR) integration outside the hospital in emergency settings.
The increasing geriatric population and growing prevalence of various chronic diseases which require emergency healthcare services are some of the major factors driving the growth of global emergency medical service (EMS) products market. According to the World Health Organization (WHO), the second-leading cause of death around the world is cancer, which was responsible for 9.6 million deaths in 2018. Globally, about 1 in 6 deaths are due to cancer and approximately 70% of deaths from cancer occur in low- and middle-income countries. However, high price for emergency equipment and product recollect due to irregular functioning might restrain the growth of EMS product market. In spite of that, growing healthcare expenditure and amount of hospitals provides ample of opportunities for the further growth of the market.
Global Emergency Medical Service (EMS) Products Market Regional Analysis –
North America is expected to dominate the global emergency medical service (EMS) products market with the potential rate due to rising incidences of road accidents and rising prevalence of cardiovascular and other such diseases in this region. The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to the rising demand for quality medical care, increasing healthcare spending, and beneficial government initiatives. According to WHO, in high income Asia-Pacific countries, the share of population aged over 65 years is expected to double to reach on average 27.6% in 2050, whereas the share of population aged over 80 years is expected to triple between 2015-2050 to reach 10.2%.
By Regional & Country Analysis:
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Emergency Medical Service (EMS) Products Market Size By Product( Patient Monitoring Systems, Wound Care Consumables, Infection Control Supplies, Patient Handling Equipment, Personal Protection Equipment), By Application ( Hospitals and Trauma Centers, Ambulatory Surgical Centers, Other) Forecast Report 2021 to 2027