Emergency Medical Equipment Market
The global emergency medical equipment market is estimated to be valued at USD 26.56 Bn in 2024 and is expected to exhibit a CAGR of 6.6% during the forecast period (2024-2031). The global emergency medical equipment market has been witnessing significant growth in the recent years. Emergency medical equipment refers to the medical devices and supplies used in emergency medical settings to treat injured or ill patients. Some of the common emergency medical equipment includes emergency respirators, trauma equipment such as neck braces and backboards, patient monitoring devices, defibrillators, medical imaging equipment, and stretchers or medical beds. Growth in aging population, rising prevalence of chronic diseases and increasing number of accidents and injuries has been fueling the demand for emergency medical equipment. Technological advancements in emergency care devices and growing investments by both public and private organizations to strengthen emergency medical infrastructure are some of the key factors expected to continue driving market growth going forward.
Market Dynamics:
The key drivers propelling the global emergency medical equipment market include growing prevalence of cardiovascular and respiratory diseases globally, rising road accident fatalities, augmenting number of trauma cases, and overall increasing health expenditure. Furthermore, the rapidly expanding geriatric population susceptible to medical exigencies along with various government initiatives to strengthen emergency care infrastructure across nations has massively fueled market growth. However, compliance with stringent regulatory frameworks and quality standards for medical devices poses a major challenge. Moreover, high costs associated with innovative healthcare technologies remains a barrier, especially in low-income countries. On the positive side, ongoing technological innovations delivering improved therapeutic outcomes, mobility and ease-of-use is creating new opportunities.
Key Features of the Study:
Detailed Segmentation-
Company Profiles:
Table of Contents
*Browse 32 market data tables and 29 figures on "Emergency Medical Equipment Market” - Global forecast to 2031
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