Emergency Medical Services Products Market (By Type: Life Support & Emergency Resuscitation Systems, Patient Monitoring Systems, Wound Care Consumables, Patient Handling Equipment, Infection Control Product & Others; By Application: Hospitals & Trauma Centers, Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033


Emergency Medical Services Products Market Size and Growth 2024 to 2033

The global emergency medical services products market size was valued at USD 28.92 billion in 2023 and is anticipated to reach around USD 53.37 billion by 2033, growing at a CAGR of 6.32% from 2024 to 2033. Continuous advancements in medical technology result in the creation of increasingly sophisticated emergency medical supplies (EMS), including portable defibrillators, sophisticated life support systems, and telemedicine options, which improve patient outcomes.

Emergency Medical Services Products Market Size 2024 to 2033

To Access our Exclusive Data Intelligence Tool with 15000+ Database, Visit: Precedence Statistics

Emergency Medical Services Products Market Key Takeaway

  • North America held the largest share of the emergency medical services products market in 2023.
  • Asia Pacific is expected to be the fastest-growing market during the forecast period.
  • By type, the life support & emergency resuscitation systems segment dominated the market in 2023.
  • By type, the wound care consumables segment is expected to show the fastest growth in the market during the forecast period.
  • By application, the hospitals & trauma centers segment led the market in 2023.
  • By application, the ambulatory surgical centers segment is expected to grow rapidly in the market in the upcoming years.

Emergency Medical Services Products Market Overview

The segment of the healthcare business that is dedicated to offering medical supplies, equipment, and services in an emergency is known as the emergency medical services products market. This market includes a broad spectrum of goods intended to support patient transportation, emergency response, and pre-hospital care. This covers gadgets like infusion pumps, ventilators, heart monitors, and defibrillators, among others. Point-of-care testing devices, blood glucose monitors, and portable ultrasound machines are examples of instruments used for quick assessment and diagnosis in emergency situations. Supplies such as tourniquets, bandages, splints, and immobilization devices are necessary for treating trauma situations.

Devices such as oxygen delivery systems, manual and automated external defibrillators (AEDs), and airway management equipment are used to support cardiopulmonary resuscitation (CPR). Stretchers, ambulance cots, and patient transfer boards are examples of equipment made to safely move patients from an emergency scene to a medical facility. Systems such as radios, mobile data terminals, and computerized patient care reporting systems are used to facilitate communication between hospitals, dispatch centers, and emergency medical services (EMS). The growing frequency of emergencies and accidents, improvements in medical technology, and rising investments in healthcare infrastructure are some of the reasons driving the market for EMS products. It is essential to providing prompt and efficient emergency medical care, which eventually leads to better patient outcomes and survival rates.

Emergency Medical Services Products Market Growth Factors

  • As a result of ongoing developments in medical technology, cutting-edge EMS devices with improved features, portability, and connectivity have been created. The market is growing as a result of these technological developments that enhance patient care outcomes and operational efficiency.
  • To improve emergency response capabilities, numerous governments across the globe are augmenting their investments in emergency medical services and hospital infrastructure. Government programs targeted at enhancing emergency medical services and pre-hospital care also propel industry expansion.
  • The emergency medical services products market is expanding as a result of rising healthcare costs, particularly in emerging economies. Increased spending on healthcare makes it possible for improved EMS services and products to be adopted, which accelerates market expansion.
  • The need for emergency medical services products market services, including trauma care devices, first aid kits, and emergency transportation equipment, is fueled by growing public and healthcare professional awareness of the need for quick medical assistance in emergencies and by training initiatives.
  • Situations like the COVID-19 pandemic serve as a reminder of the value of strong emergency medical services and the necessity of having a sufficient supply of EMS supplies, such as ventilators, monitoring equipment, and personal protective equipment (PPE). Investments in emergency response and preparedness systems have increased as a result of the pandemic, propelling the emergency medical services products market expansion.
  • The market for EMS products is growing as a result of the penetration of air medical services, such as fixed-wing and helicopter ambulance services, into underserved and remote locations. The need for the emergency medical services products market is fueled by the need for specialized equipment and medical supplies for these services.

Emergency Medical Services Products Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 6.32%
Emergency Medical Services Products Market Size in 2023 USD 28.92 Billion
Emergency Medical Services Products Market Size in 2024 USD 30.75 Billion
Emergency Medical Services Products Market Size by 2033 USD 53.37 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered Type, Application, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Emergency Medical Services Products Market Dynamics

Driver: Rise in accidents and natural disasters

There is probably going to be more demand for the products of the emergency medical services products market, including ambulances, first aid kits, and emergency response equipment, when there are more accidents and natural catastrophes. Companies in this industry may see a rise in sales and revenue as a result of this surge in demand. The procurement of raw materials, production capacity, and distribution logistics may provide difficulties for manufacturers, which could result in shortages and delays in the release of products.

An increase in demand can draw new competitors to the emergency medical services products market, escalating rivalry between already-existing and emerging vendors. In this competitive atmosphere, businesses can win market share by differentiating themselves through product quality, price tactics, customer service, and innovation.

Restraint: Competition and consolidation

Product characteristics, dependability, and quality are major points of contention for EMS product manufacturers. Whether it's medical supplies, defibrillators, or sophisticated life support equipment, every business strives to set itself apart from the competition. Another important consideration is price, particularly in marketplaces with several providers selling comparable goods. Because the emergency medical services products market can be cost-effective, businesses may participate in price wars or provide discounts in order to draw clients. Through shared resources, streamlined operations, and bulk purchasing, consolidation can result in economies of scale for businesses. Larger businesses may become more robust and competitive as a result of the marketplace. In order to achieve vertical integration, some businesses can choose to buy distributors or suppliers further along the supply chain.

Opportunity: Data management and integration

The emergency medical services products market must effectively handle patient data, which includes prescriptions, vital signs, medical history, and allergies. Healthcare practitioners can readily access, securely store, and properly gather this information thanks to data management solutions. Data integration lowers errors and enhances continuity of treatment by ensuring seamless information transfer between EMS devices, hospital electronic health records (EHRs), and other healthcare systems.

Companies in the emergency medical services products market can monitor key performance indicators (KPIs) like response times, patient outcomes, and protocol adherence with the use of data management systems. By analyzing this data, one may improve overall service quality, find areas for improvement, and modify methods. Strong data security measures are essential in EMS goods since patient information is sensitive.

Type Insights

The life support & emergency resuscitation systems segment dominated the emergency medical services products market in 2023. Within the emergency medical services (EMS) industry, the life support and emergency resuscitation systems market includes a broad spectrum of goods and innovations intended to keep patients alive and stabilize them in critical situations. In emergency response scenarios, ambulance services, and pre-hospital treatment, these products are indispensable.

For individuals who are unable to breathe on their own, devices, including supraglottic airway devices, laryngeal masks, and endotracheal tubes, are used to open and keep the airway open. Till the patient is able to receive life-saving medical attention, these products aid in managing traumatic injuries and stopping bleeding. It is possible to identify changes in a patient's condition early and take immediate action when vital signs and heart rhythms are continuously monitored.

Tthe wound care consumables segment is expected to show the fastest growth in the emergency medical services products market during the forecast period. The area of the larger medical supply market that is dedicated to offering products for treating wounds in emergencies is known as the wound care consumables market for emergency medical services (EMS) products. This includes a broad spectrum of items made to treat different kinds of wounds, from little cuts and scrapes to more serious trauma that has to be treated right once.

These serve to absorb blood and other fluids, cover and shield wounds, and encourage healing. They are available in a variety of forms, including non-adherent dressings, adhesive tapes, adhesive bandages, and gauze pads. These are used to seal wounds where greater closure is required, including in deep cuts or surgical wounds, or if adhesive bandages are unable to seal the wound.

Application Insights

The hospitals & trauma centers segment led the emergency medical services products market in 2023. An essential part of the market for emergency medical services (EMS) products is the hospitals and trauma centers segment. In order to properly handle emergencies and give patients the essential care they need, hospitals and trauma centers in this industry need a vast range of specialized supplies and equipment. In order to diagnose and treat patients in an emergency, hospitals and trauma centers need a variety of medical devices and equipment.

This covers ventilators, cardiac monitors, IV pumps, defibrillators, and other life-saving equipment. An accurate diagnosis made quickly is crucial in emergency care. For prompt assessment and treatment, hospitals and trauma centers depend on diagnostic instruments like laboratory equipment, point-of-care testing devices (such as glucose monitors and blood gas analyzers), and imaging technology (such as MRIs, CT scans, and X-rays).

The ambulatory surgical centers segment is expected to grow rapidly in the emergency medical services products market in the upcoming years. ASCs need a wide range of medical tools and supplies to support their surgical operations. This covers everything, from disposables like gloves and gowns to surgical instruments. Companies in the EMS products sector may be able to meet the needs of ASCs by offering premium, specialized supplies and equipment.

Training is necessary for ASC employees, including surgeons, nurses, and administrative staff, to utilize EMS products in their facility safely and successfully. To guarantee that their products are used correctly in the ASC environment, businesses may provide training courses and continuing assistance. In order to guarantee prompt access to medical supplies and equipment, ASCs must practice effective supply chain management. To assist ASC operations, companies in the EMS products market may provide solutions for procurement automation, logistics optimization, and inventory management.

Regional Insights

North America held the largest share of the emergency medical services products market in 2023. North America's emergency medical services products market is a thriving industry that meets the demands of hospitals, healthcare facilities, and emergency responders. It includes a broad range of goods, such as emergency transportation vehicles, medical equipment, diagnostic tools, patient monitoring systems, and consumables.

The need for the emergency medical services products market is being driven by the increased prevalence of chronic conditions like diabetes, respiratory ailments, and cardiovascular issues. For these illnesses to be managed effectively, prompt action and specialist equipment are frequently needed. The market is expanding as a result of rising awareness of the value of early medical care and the accessibility of emergency responder training programs.

Emergency Medical Services Products Market Share, By Region, 2023 (%)

Asia Pacific is expected to be the fastest-growing emergency medical services products market during the forecast period. The region's market for emergency medical services products has been expanding significantly as a result of various factors, including an increase in accident rates, a rise in the need for advanced medical treatment, and the development of the healthcare infrastructure in many of the region's nations.

China, Japan, India, and South Korea are a few of the nations that significantly contribute to Asia Pacific's emergency medical services products market. Due to their expanding populations and increasing urbanization, these nations have been making significant investments in the development of their healthcare infrastructure, and as a result, demand for emergency medical services is rising. Furthermore, the COVID-19 epidemic has brought even more attention to how crucial EMS goods are for delivering prompt and efficient medical care in an emergency.

Emergency Medical Services Products Market Recent Developments

  • In April 2024, a Florida hospital will use drones to deliver emergency supplies to 911 callers. Drones carrying AEDs, naloxone, and tourniquets integrated into 911 will be used as part of the initiative to aid in situations involving cardiac arrests, opioid overdoses, and trauma occurrences.
  • In December 2023, Crestline Ambulances is excited to introduce its newest product, the MMC (Multiplex Modular Connected), a revolutionary electrical system that uses high performance and connection to power ambulance fleets across the U.S. market intelligently.

Emergency Medical Services Products Market Companies

  • Cerner Corporation
  • Allscripts Healthcare Solutions Inc
  • McKesson Corporation
  • Medical Information Technology Inc
  • Advanced Data Systems Corporation
  • Surgical Information Systems
  • NextGen Healthcare
  • Philips Healthcare

Segment Covered in the Report

By Type

  • Life Support & Emergency Resuscitation Systems
  • Patient Monitoring Systems
  • Wound Care Consumables
  • Patient Handling Equipment
  • Infection Control Product & Others

By Application

  • Hospitals & Trauma Centers
  • Ambulatory Surgical Centers

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

How big is the emergency medical services products industry?
The global emergency medical services products market size is expected to increase USD 53.37 billion by 2033 from USD 28.92 billion in 2023.
What is the growth rate of the emergency medical services products industry?
The global emergency medical services products market will register growth rate of 6.32% between 2024 and 2033.
Who are the prominent players operating in the emergency medical services products market?
The major players operating in the emergency medical services products market are Cerner Corporation, Allscripts Healthcare Solutions Inc, McKesson Corporation, Medical Information Technology Inc, Advanced Data Systems Corporation, Surgical Information Systems, NextGen Healthcare, Philips Healthcare, and Others.
Which are the driving factors of the emergency medical services products market?
The driving factors of the emergency medical services products market are the rise in accidents and natural disasters and growing penetration of air medical services.
Which region will lead the global emergency medical services products market?
North America region will lead the global emergency medical services products market during the forecast period 2024 to 2033.

PROCEED TO BUY :

   USD 5400
   USD 3800
   USD 2100
   USD 2100
   USD 7500

ASK FOR SAMPLE

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client

Get a Sample