Global Emergency Medical Services (EMS) Products Market Size Booming to Touch USD 33.54 Billion by 2029

Published | 03 July 2023

Global emergency medical services (EMS) products market is gaining traction because of the increasing prevalence of chronic diseases, aging population, and technological advancements in the healthcare industry.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global emergency medical services (EMS) products market size at USD 22.36 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global emergency medical services (EMS) products market size to grow at a CAGR of 6.89% reaching a value of USD 33.54 billion by 2029. An increasing demand for emergency treatment, the prevalence of trauma, and rising healthcare expenses internationally are three major growth reasons for the global market for emergency medical services (EMS) products.

Global Emergency Medical Services (EMS) Products Market – Overview

The EMS services products include first aid and trauma care products, such as dressings & bandages, medical beds, wheelchairs & scooters, defibrillators, and personal protection equipment. The emergency medical service (EMS) provides people with illnesses and injuries they believe to be medical emergencies with out-of-hospital acute medical care and/or transfer to definitive care.

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Global Emergency Medical Services (EMS) Products Market – By Application

Based on application, the global emergency medical services (EMS) market is segmented into cardiac care, trauma injuries, oncology, and others. The cardiac care segment holds the largest share of the global emergency medical services (EMS) products market. According to a report published on BioMed Central in the year 2020, out-of-hospital cardiac arrest (OHCA) is a significant public health issue with an average global incidence of adults of 55 OHCAs per 100,000 person-years. Most out-of-hospital cardiac arrests occur at home, where they occur in a percentage of 75–80%, which is resulting in a significant spike in the demand for emergency medical services (EMS) products.

Impact of COVID-19 on the Global Emergency Medical Services (EMS) Products Market

The COVID-19 outbreak significantly proliferated the growth of the global emergency medical services (EMS) products market. Although during the initial outbreak, the industry faced huge challenges due to the increasing pressure on the emergency care system and the lack of resources to meet the high demand. Therefore, the government as well as the private players increased their funding and investment and established emergency care facilities to boost the accessibility to these emergency medical services (EMS) products, propelling the overall market growth.

Competitive Landscape

Major players operating in the global emergency medical services (EMS) products market include Cardinal Health, Medtronic, Johnson & Johnson, Stryker Corporation, GE Healthcare, Asahi Kasei Corporation, 3M, BD, Philips Healthcare, Smiths Medical, C. R. Bard, Inc., and B. Braun.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Emergency Medical Services (EMS) Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Emergency Medical Services (EMS) Products Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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