The global emergency medical equipment market is estimated to be valued at USD 28.37 Bn in 2025 and is expected to reach USD 44.99 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2025 to 2032.
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The rising incidences of road accidents and trauma injuries, growing aging population, and increasing number of chronic diseases are some of the key factors driving the growth of the emergency medical equipment market. The increasing demand for advanced emergency care and improved emergency facilities worldwide are creating the need for more equipped ambulances and emergency centers. With growing medical infrastructure and availability of insurance coverage for emergencies, the demand for quality emergency equipment is expected to rise substantially in the coming years. However, high costs of emergency care equipment and lack of skilled professionals in some developing nations may restraint the market growth to some extent over the years to come.
Increasing Product Launches by Key Market Players
Market players are involved in launching new drugs, and this is expected to drive the growth of the global emergency medical equipment market over the forecast period. For instance, in March, 2021, HealthTrust Europe, a healthcare company, launched the new safe patient moving and handling equipment framework to support and facilitate the appropriate movement of patients in the hospital, residential, or patient home environments. It is designed to equip health and social care providers with the latest tools to enhance the safety of patient handling.
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