Emergency Medical Equipment Market Report Explored in Latest Research to 2027

“Coherent Market Insights announced that it’s published an exclusive report namely Global Emergency Medical Equipment Market by Manufacturers, Regions, Type, and Application, Forecast to 2027 in its research database with report summary, table of content, research methodologies, and data sources. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the Worldwide Emergency Medical Equipment Market. This is an informative study covering the market with an in-depth analysis and portraying the current state of affairs in the industry.”

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Emergency medical equipment is an integral a part of the healthcare industry. It includes specialized products and equipment to help within the provision of emergency care. Emergency medical equipment help in monitoring patients in uncontrolled environments during a pre-hospital setting. Several medical emergencies and physical injuries like trauma are life-threatening and need quick medical attention. Thus, the increasing incidence of medical emergencies and trauma injuries create significant growth opportunities for the market. within the us , around 3 million non-fatal injuries occur annually , causing quite 150,000 deaths, consistent with the American Association for the Surgery of Trauma.

The geriatric population is more susceptible to various medical emergencies like respiratory diseases, asystole , and other medical urgency. consistent with the planet Health Organization, the world’s population aged 60 years and older is predicted to total 2 billion by 2050, up from 900 million in 2015. Today, 125 million people are aged 80 years or older. Moreover, increasing demand for emergency medical equipment and well-established healthcare facilities also are expected to drive the emergency medical equipment market growth. However, improper functioning (leads to product recall) and therefore the high cost of kit is predicted to restrain the market growth.

Based on type, the market are often classified into patient handling equipment, infection control supplies, wound care consumables, emergency resuscitation equipment, patient monitoring systems, personal protection equipment, et al. . Moreover, recent improvements in critical patient care and sudden infectious outbreaks, including COVID-19, will contribute to the tremendous demand for emergency medical equipment. As of December 23, the virus has infected quite 78 million people worldwide, and thus, the demand for emergency medical equipment from COVID-19 affected countries has increased, driving the market growth. Various efforts and initiatives are being taken by organizations and industry leaders to satisfy the unprecedented need.

Technological advancements including infrastructure development, also as increasing government funding, is additionally expected to extend the demand for such equipment. In terms of geography, the emergency medical equipment market is split into six regions, like North America, Europe, Asia Pacific, South America, the center East, and Africa. Key players active within the market are adopting various strategies (such as product launch, mergers and acquisition, etc.) to strengthen their market presence. for instance , in April 2020, Stryker launched emergency relief beds to supply efficient care solutions during the pandemic. Moreover, in June 2018, Royal Phillips acquired Remote Diagnostic Technologies to strengthen its market presence within the resuscitation and emergency care industry.

Major Players Are Operating In The Market: 3M, Abbott, Asahi Kasei Corporation, B. Braun Medical, BD, Cardinal Health, GE Healthcare, Henry Schein, Johnson & Johnson, Philips Healthcare, Smith & Nephew, and Stryker Corporation

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