Farmington, Jan. 30, 2023 (GLOBE NEWSWIRE) -- The Global Emergency Medical Services (EMS) Market is projected to grow from USD 19.41 billion in 2022 to USD 30.16 billion by 2030 at a CAGR of over 7.6% during the forecast period. Emergency medical services, often known as "ambulatory services," are ways to obtain prompt medical attention. Typically, emergency medical care is reserved for injuries and unexpected diseases, such as a heart attack or stroke. Emergency medical services also include services that are required during natural disasters. As heart attacks and accidents increase worldwide, there is a greater need for emergency medical services. The software enables emergency medical services to stay up with technological advancements.
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The global market for emergency services is expanding because more people are becoming injured and more people desire more effective disaster response systems. In addition, a rise in the need for quick responses during emergencies, a rise in the need for accurate tracking of a patient's health condition, and better and safer treatment due to a prepared healthcare workforce are expected to increase demand for emergency medical services over the forecast period.
Emergency Medical Services (EMS) Market Recent Developments:
- In April 2019, Acadian Ambulance Service opens up a service station in Youngsville, Los Angeles U.S.
- In March 2019, Falck Denmark A/S joined with UN Global Compact to formalize its commitment to contribute to socially, environmentally, and economically sustainable development.
- In April 2019, AirMed International expanded its service by the acquisition of AMR Air in Denver and Lifeguard Flying ICU in Las Vegas.
Emergency Medical Services (EMS) Market Segmentation Analysis:
The global emergency medical services (EMS) market is segmented based on the type of product, how it is used, and who purchases it. The market is divided into life support and emergency resuscitation systems, patient monitoring systems, wound care consumables, patient handling equipment, infection control supplies, personal protection equipment, and other emergency medical services (EMS) items. The market can be segmented into cardiac care, trauma injuries, respiratory care, cancer, and other applications. The various market segments consist of hospitals and trauma centers, ambulatory surgery centers, and other end-users.
Regional Outlook:
North America, Europe, Asia-Pacific, Latin America, and the Middle East, and Africa make up the global market for emergency medical services. In 2018, North America and Europe are anticipated to hold the largest market share for emergency medical services worldwide. This is because there are more medical crises, accidents, sports injuries, work-related injuries, and individuals utilizing emergency medical services. In addition to these factors, the growth of the worldwide emergency medical services market is attributable to well-developed transportation infrastructure, improved communication channels, robust software solutions, and increased healthcare worker training and education. In Asia and the Pacific's growing nations, such as China and India, more individuals are becoming ill with strokes and cardiac arrests. This is anticipated to propel the global market for emergency medical services ahead.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | 7.6% from 2023 to 2030 |
| Market Size in 2022 | USD 19.41 Billion |
| Revenue Forecast by 2030 | USD 30.16 Billion |
| By Type | Patient Monitoring Systems, Life Support and Emergency Resuscitation Equipment, Patient Handling Equipment, Personal Protection Equipment, Wound Care Consumables, Infection Control Supplies, Other |
| By Applications | Trauma Injuries, Oncology, Cardiac Care, Respiratory Care, Other |
| By End User | Ambulatory Surgical Centers, Hospitals, Other |
| By Companies | Falck Denmark A/S, Acadian Ambulance Service, Apollo Hospitals Enterprise Ltd, Allied Medical, Smiths Medical, London Ambulance Service, AirMed International, and Others |
| Base Year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast Year | 2023 to 2030 |
Market Drivers:
Globally, the need for the quick response and emergency medical care is increasing due to factors such as an increase in car accidents, heart attacks, suicide attempts, and other incidents. If healthcare providers take additional steps to strengthen patient care management systems, the market for emergency medical services (EMS) will also have greater room to develop.
Market Restraints:
On the other side, a scarcity of trained labor in underdeveloped and lagging economies, an increase in product recalls, and high research and development expenditures are anticipated to impede the market growth. In addition, the emergency medical services (EMS) industry is anticipated to experience difficulties between 2022 and 2029 due to a lack of knowledge and the required infrastructure in underdeveloped and backward regions, as well as the expiration of an increasing number of patents.
Market Opportunity:
In addition, market participants will have additional opportunities to generate money between 2022 and 2029 since the government will assist in the construction of more emergency care centers. The future growth rate of the emergency medical services (EMS) market will be aided by the fact that healthcare suppliers are placing a greater emphasis on emergency care fuel and the government is implementing more worker safety and health-promoting legislation.
Emergency Medical Services (EMS) Market Key Segments Covered:
Top Market Players:
Falck Denmark A/S, Acadian Ambulance Service, Apollo Hospitals Enterprise Ltd, Allied Medical, Smiths Medical, London Ambulance Service, AirMed International, and Others.
By Type
- Patient Monitoring Systems
- Life Support and Emergency Resuscitation Equipment
- Patient Handling Equipment
- Personal Protection Equipment
- Wound Care Consumables
- Infection Control Supplies
- Other
By Application
- Trauma Injuries
- Oncology
- Cardiac Care
- Respiratory Care
- Other
By End User
- Ambulatory Surgical Centers
- Hospitals
- Other
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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