The global emergency medical service products Market is likely to exceed revenue of $24.3 billion by 2026, according to a study produced by Acumen Research and Consulting, The industry also reflects the CAGR of 6.7% during 2019-2026. The report provides analysis of global Emergency Medical Services Products market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Also regarded as vital government service and Emergency Medical Service (EMS). The first few hours after starting the medical issue are emergency medical treatment. EMS is a comprehensive system of trauma services, trauma systems and organisations and hospitals; communications networks and transport networks.
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Recognized also as the vital government service known as emergency medical service (EMS). Medical emergency care is the care given in the first few hours after a medical issue has started. EMS is component of a complicated scheme of trauma services and transportation and organisations and agencies, as well as of hospitals, communication networks and rehabilitation centers.
There is tremendous growth in the market for Emergency Medical Service (EMS) products. According to the Emergency Medicine Society, for example, India (SEMI), over 100,000 deaths linked to road transport, 98.5% of ambulances carrying dead bodies, 90% of ambulances without equipment / oxygen, and 95% of ambulances carrying inexperienced workers have been reported.
During the past decade, huge technological progress has been made in the field of emergency medical services, such as, the compact Wireless Biometrics package (containing all the leads, ECGs and sensor features and a backup screen), which is based in Bavaria, GS Elektromed Corpuls 3, is patient-friendly but can be redocked with a defibrillator and large screen if needed.
The main driving forces behind the emergency-medical services (EMS) industry are increased demand for emergency care, increased trauma and growing health care expenditure worldwide. Acute care of the patients includes emergency medical services. Patients with medical, obstetrical and surgical emergencies are managed in the EMS Department. The department is also fitted to treat acute pregnancy, accidents, diseases and heart attacks. For example, in the United States there are both hospital and non-hospital emergency services. CMS has divided emergency services into two segments Type A and Type B.
The EMS product market should prevail over the forecast period in North America. Improved health infrastructure and increased emphasis on emergency care by healthcare suppliers are some of the driving factors of the regional economy. In order to increase product demand over the prediction period, excellent reimbursement coverage and the accessibility of qualified experts are expected. Asia Pacific is projected to be the fastest growing country in the forecast period, led by developing countries like India, China and Japan. More spending on health care in these nations is projected to encourage many significant businesses to enter untapped regions.
Key Players & Strategies
Bound Tree Medical; Strips, Inc., Smeraldia, Inc., McKesson Medical-Surgical, Inc., Henry Scheine, Inc., Medline Industries Inc., and Life-Assist. Prominent main businesses in this market. These firms undertook a number of approaches to enhance their place in the worldwide economy, including merger and acquisitions, contracts and alliances.
Smiths Medical Inc., for example, signed a distribution contract in September 2017 with Sommetrics that will distribute its aerFree Airway Management System on the U.S. EMS product market. The FDA510(k) clearance for its ambulatory infusion pump CADD-Solis was obtained by Smiths Medical Inc. in August 2017. A wireless communication function is provided for the pump.
The DisImpactor Fecal Impaction Deletion System is offered to DisImpactor Medicines for hospice patient care in July 2017. Centurion’s Hospice DisImpactor can alleviate patients’ suffering and prevent unnecessary entry to emergency services owing to serious fecal impactions.
Dakota Nitinol Stone Retrieval Device with OpenSure Handle in South Africa was announced in November 2016 by Boston Scientific Corporation in the U.S. and Europe. This kidney stone recovery device has been intended to permit physicians to release and capture multi-size kidney stones, from 10 millimeter complicated stones to 1 millimeter tiny fragments.
Market Segment Analysis:
Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.
Market, By Product
- Patient Handling Equipment
- Infection Control Supplies
- Life Support & Emergency Resuscitation
- Patient Monitoring Systems
- Wound Care Consumables
Market, By Geography
- North America.
- Latin America
- Middle East and Africa (MEA)
The market research study on “Emergency Medical Services Products Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers detailed insights on global Emergency Medical Services Products market segments with market dynamics and their impact. The report also covers basic technology development policies.
This study offers an assessment of recent sector trends in each sub-segment between 2015 and 2026, forecasting sales development at worldwide, regional and nation levels. For this research, ARC segmented a product-and region-based worldwide market report on emergency medical services:
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
– What is the overall structure of the market?
– What was the historical value and what is the forecasted value of the market?
– What are the key product level trends in the market?
– What are the market level trends in the market?
– Which of the market players are leading and what are their key differential strategies to retain their stronghold?
– Which are the most lucrative regions in the market space?
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About Acumen Research and Consulting:
Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.