Ambulance Equipment Market, by Equipment Type (Transportation Equipment, Burn Care Equipment, Diagnostic and Infection Control Equipment, Blood and Hemorrhage Control Equipment, Respiratory, Hypothermia, and Cardiac Equipment), by End User (Air Ambulance, Water Ambulance, and Ground Ambulance), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Nov 2022

Code : CMI1979

Pages :158

Formats :

Excel and PDF

Industry : Medical Devices

Ambulance Equipment MarketSize and Trends

The global ambulance equipment market is estimated to be valued at US$ 5,031.7 million by 2022 and is expected to exhibit a CAGR of 3.3% during the forecast period (2022-2030).

Figure 1. Global Ambulance Equipment Market Share (%), by End User, 2022

Increasing number of accidents and serious injuries is expected to drive the growth of the global ambulance equipment market

The Increasing number of accidents is expected to drive the market growth over the forecast period. Increasing cases of bone fractures, trauma due to fall, and others are propelling the demand for medical intervention (orthopedics), thus augmenting the need for ambulance equipment products. For instance, in November 2019, according to Stanford Children's Health, in the U.S., about 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries occur each year which require immediate health care service such as ambulance to hospitalize the injured patient. More than 3.5 million children ages 14 and younger get hurt annually playing sports or participating in recreational activities. Although death from a sports injury is rare, the leading cause of death from a sports-related injury is a brain injury. Almost 50% of head injuries sustained in sports or recreational activities occur during bicycling, skateboarding, or skating incidents. Most of the injuries occurred as a result of falls, being struck by an object, collisions, and overexertion during unorganized or informal sports activities. Thus, the rising number of severe injuries during sports and other activities is driving the demand for healthcare services such as ambulance.