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The new report by Expert Market Research titled, 'Global Emergency Medical Services Products Market Report and Forecast 2021-2026', gives an in-depth analysis of the global emergency medical services products market , assessing the market based on its segments like product, and major regions such as Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 21.5 Billion
- Forecast CAGR (2021-2026): 6.9%
- Forecast Market Size (2026): USD 32.1 Billion
The growth of global market for emergency medical services products is being driven by the escalating demand for emergency care, the rising frequency of trauma, and the growing spending on health care across the world. Moreover, infrastructural development in hospitals all over the world, and a rise in their funding are some of the other significant drivers of the market. Nevertheless, the growing expenditure on healthcare and the growing number of hospitals provide abundant opportunities.
Industry Definition and Major Segments
Emergency Medical Services (EMS) products are a range of products used to provide medical assistance in case of emergencies like road accidents, fire, and explosion incidents. The services include paramedics, ambulatory services and associated products, equipment, or supplies. In most cases, these products are used for pre-hospital treatment, stabilization, and ease of transportation.
The emergency medical services products industry can be divided on the basis of its product into:
- Life Support and Emergency Resuscitation
- Patient Monitoring Systems
- Wound Care Consumables
- Patient Handling Equipment
- Infection Control Supplies
The regional markets for emergency medical services products include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Market Trends
The Asia Pacific is likely to witness the fastest growth during the forecast period owing to the rising living standards, increased demand for medical care quality, and the growing share of healthcare in an individual's income. With improved healthcare infrastructure and high focus of healthcare providers on emergency services, North America is expected to maintain its dominance in the market in coming years. By product type, life support and emergency resuscitation directed the largest share of the market attributing to the requirement of adequate equipment and healthcare experts in case of any life-threatening emergencies.
Key Market Players
The major players in the market are Medtronic plc, Johnson & Johnson, Smiths Group plc, Stryker Corporation, and Cardinal Health, Inc. among few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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Informes de Expertos ( ), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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