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 (EMS) Market Overview:

Emergency medical services, which are also called "ambulatory services," are ways to get medical care in a hurry. Emergency medical services are mostly for injuries and sudden illnesses like a stroke or a heart attack. Services that are needed during natural disasters are also part of emergency medical services. As more heart attacks and accidents happen around the world, more emergency medical services are needed. Software helps emergency medical services keep up with changes in technology. This lets them do things like predict future health risks, make it easier for people to talk to each other during an emergency, and give advice in real time.

The global market for emergency services is growing because more people are getting hurt and more people want better systems for dealing with disasters. Along with this, 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 the preparedness of the healthcare workforce are expected to increase demand for the global emergency medical services market during the forecast period. The World Health Organization (WHO) says that about 265,000 people die every year from fires alone, and that most of these deaths happen at work. But some things are slowing the growth of the global market for emergency medical services. Some developing countries, for example, don't have enough doctors or medical equipment.

Market Dynamics

Drivers:

Accidents on the rise

The need for immediate response and emergency medical care is growing all over the world because of things like more car accidents, heart attacks, suicide attempts, workplace accidents, and more. The market for emergency medical services (EMS) will also have more room to grow if healthcare providers take more steps to improve the systems for managing patient care.

Rising development and advancements

As the healthcare industry grows and expands, especially in countries like India, China, and others with developing economies, modern and advanced healthcare technologies are being used more and more. This has made quick response systems much better in a huge way. Another step in this direction is giving the patients food through a special helpline. All of these things have made more people need emergency medical services (EMS).

Geriatric population

As a person gets older, he or she is more likely to get sick. Cardiovascular diseases and disorders are the ones that affect older people the most. This means that people in this age range may need medical help at any time and on any day. This gives the emergency medical services (EMS) market good chances to grow.

The emergency medical services (EMS) market will also benefit from people having more money to spend and more mergers and acquisitions happening.

Opportunities

Also, market players will have more chances to make money between 2022 and 2029 because the government will do more to help build emergency care centers. In the future, the growth rate of the emergency medical services (EMS) market will be helped by the fact that healthcare suppliers are putting more focus on emergency care fuel and the government is putting in place more policies that are good for worker safety and health.

Restraints/Challenges

On the other hand, a lack of skilled workers in underdeveloped and backward economies, an increase in the number of product recalls, and high costs for research and development are likely to slow market growth. Also, the emergency medical services (EMS) market is likely to have problems between 2022 and 2029 due to a lack of awareness and the necessary infrastructure in underdeveloped and backward regions, as well as more patents expiring.

This emergency medical services (EMS) market report gives details about new developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, and product launches. Get an Analyst Brief from Data Bridge Market Research to learn more about the market for emergency medical services (EMS). Our team will help you decide how to grow the market in a smart way.

Market Segmentation

There are different groups in the global emergency medical services (EMS) market based on the type of product, how it is used, and who buys it. Based on the type of product, the market is split into life support and emergency resuscitation systems, patient monitoring systems, wound care consumables, patient handling equipment, infection control supplies, personal protection equipment, and other EMS products. Based on how they are used, the market can be divided into cardiac care, trauma injuries, respiratory care, oncology, and other uses. The different market segments are hospitals and trauma centres, ambulatory surgical centres, and other end users.

Regional Analysis

The global market for emergency medical services has been split into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe are expected to have the biggest share of the global emergency medical services market in 2018. This is because there are more emergencies, more accidents, more sports injuries, more work injuries, and more people using emergency medical services. In addition to these things, the growth of the global emergency medical services market is due to a well-developed transportation infrastructure, better communication channels, strong software solutions, and more training and education for the healthcare workforce. In developing countries in Asia and the Pacific, like China and India, more people are getting sick with things like strokes and cardiac arrests. This is expected to push the global emergency medical services market forward.
During the forecast period, ambulance services are expected to hold a large share of the global emergency medical services market by service type. This is because the number of injuries and accidents is rising.

Scope Analysis

Competitive Analysis

The competitive landscape of the emergency medical services (EMS) market shows information about each competitor. Details like company overview, financials, revenue, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and depth, and application dominance are all included. Only information about the companies' focus on the emergency medical services (EMS) market was given above.

Some of the most important companies in the market for emergency medical services (EMS) are Falck Denmark A/S, Acadian Ambulance Service, Apollo Hospitals Enterprise Ltd, Allied Medical, Smiths Medical, London Ambulance Service, AirMed International, and others.

Recent Development

• 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 formalized its commitment to contribute to a 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.

Market Segmentation

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

By Companies

• Falck Denmark A/S
• Acadian Ambulance Service
• Apollo Hospitals Enterprise Ltd
• Allied Medical
• Smiths Medical
• London Ambulance Service
• AirMed International