Emergency Medical Services Market Trends, Share, Size, Growth, Opportunity and Forecast 2025
Research Reports
Jan 27, 2021
Emergency Medical Services (EMS) is an exclusive component of healthcare in the pre-hospital setting. The EMS represents a unique source of epidemiological and healthcare information for public health monitoring. The growth of the global emergency medical services market is driven by various factors such as an increasing global geriatric population, rising prevalence of chronic diseases, and numerous cases of accidents and lifestyle changes leading to poor fitness levels.
The report on the market for global emergency medical services is revealing opportunities that can take the market beyond an expected valuation of USD 32.95 billion by 2025 by noting a 6.9% CAGR over the forecast period encompassing 2019 to 2025.
However, the emergency medical services market could suffer from product recalls, stringent government regulations, and a lack of trained professionals to handle various critical situations.
Regional Landscape:
The Americas has the lead in the global market, and it is getting backed by superior infrastructure and better investment opportunities. Both private and government investments are expected to drive the regional market forward. Also, better reimbursement facilities are expected to help in market expansion.
Europe is following the same trend. In Asia Pacific, the regional market is benefiting from structural overhauling, and it is helping a lot of players to increase their investment in this sector. Such initiatives are getting amply bolstered by governments.
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Segmentation:
MRFR’s market report of the emergency medical services can be segmented by products and services, applications, and end users. This would ensure a better grip over various dynamics that can change the course of the market in the coming days.
By products and services, the market can be segmented into products and services. The products segment includes emergency revival equipment, wound care consumables, and patient monitoring systems. Emergency revival equipment is the largest segment. By services, the market includes land ambulance and air ambulance.
By application, the global report on the emergency medical services market can be segmented into respiratory care, cardiac care, and trauma injuries. The cardiac care segment is the largest segment, whereas respiratory care is the fastest-growing one.
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Competitive Analysis:
Smiths Medical (UK), B. Braun (US), Asahi Kasei (Japan), Medtronic (Ireland), Philips (Netherlands), Stryker (US), Smith & Nephew (UK), Johnson & Johnson (US), GE Healthcare (US), 3M (US), Cardinal Health (US), Becton, Dickinson (US), and C. R. Bard (US), MRFR’s profiling of these companies in their market report shows an attempt to get familiarized with latest developments in the market to facilitate further strategic moves and increase the profit margin.
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