EMERGENCY BLANKETS MARKET ANALYSIS

Emergency Blankets Market, by Product Type (Aluminum, Fiberglass, Wool, and Others), by Application (First Aid, Camping, Trekking, and Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Sep 2024
Code : CMI4219
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Global Emergency Blankets Market – Dynamics

The increasing research and development for the modification of emergency blankets is expected to drive the emergency blankets market growth over the forecast period. For instance, in 2019, in the U.S., engineers at the University of California, Irvine (UCI) developed a space blanket, which mimics the adaptive skin of some cephalopods such as squids and octopuses i.e. the blanket adjusts with the temperature of the surroundings. Such material can be used for preparing tents and for manufacturing clothing line.

Moreover, increasing incidence of natural calamities over the years is expected to drive demand for emergency blankets. For instance, according to the World Health Organization, (WHO), 2019, globally, every year, around 90,000 people lose their lives due to natural calamities and around 160 million people are affected due to natural disasters such as earthquakes, tsunamis, wildfires, heat waves, droughts, and others.

The above factors are expected to spur growth of the emergency blankets market over the forecast period.

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