Ambulance Stretchers Market 2022-2027
New Study Reports “Ambulance Stretchers Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2027” has been Added on PersistenceMarketResearch.
Report Details:
The Ambulance Stretchers Market is bound to grow robustly in the years to come. With smart technology and 5G being increasingly adopted, the healthcare vertical is witnessing a paradigm shift. These technologies can thus increase the convenience quotient (CQ), as abysmal disruption happens in the patients’ lives. This convenience quotient would be the trend running in the healthcare vertical shortly.
According to the latest market report published by Persistence Market Research, titled ‘Global Ambulance Stretchers Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2027’, the Global Ambulance Stretchers market is expected to expand at a CAGR of 2.2% over the forecast period 2018–2027.
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PMR estimates that the global market for ambulance stretchers is expected to be valued at US$ 223.1 Mn in 2018 and is expected to expand at CAGR of 2.1% over 2018–2027, to reach US$ 264.8 Mn by 2027 end. Based on product type, emergency stretchers segment dominated the global ambulance stretchers market, with over 59.0% value share in 2017. The segment is expected to grow at 2.0% CAGR over the forecast period. North America is expected to maintain its dominance in the global market due to large number of private ambulance services that offer ambulance rides at low rates.
Key Players:
The report has profiled some of the important players prevalent in the global like – Stryker Corporation, Ferno-Washington Inc., Omega Surgical, Zhangjiagang New Fellow Med Co.,Ltd., Dragon Industry(ZJG) Co., Ltd, Narang Medical Limited, Jiangsu Rixin Medical Equipment Co., Ltd. and Jiangsu Saikang Medical Equipment Co. Ltd and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Ambulance Stretchers Market.
Increasing ageing population is the major factor driving the growth of the global market. Over the past few years, the market for ambulance stretchers has seen tremendous growth in the APAC region due to launch of new ambulance/emergency services and their growing fleet size. Rise in use of air ambulances in the developed regions such as the U.S. and U.K. is another factor driving the growth of the market. However, high cost of ambulance rides and lack of skilled professionals are the factors limiting the growth of the global market.
The global ambulance stretchers market has been segmented on the basis of product type, technology, end users and regions. Globally, emergency stretchers segment is expected to be the most attractive product type segment. Among the three technologies, the manual stretchers segment is estimated to contribute 36.0% share in the global market. Among all end users of ambulance stretchers, EMS Providers is expected to be the most lucrative end-use segment, as the number of private EMS providers is growing globally.
In terms of value, the global ambulance stretchers market is expected to expand at 2.2% CAGR over the forecast period. With nearly 32.9% market share, North America dominated global Ambulance Stretchers market in 2017, partly due to growing number of private and air ambulances in the region. Europe is expected to be the second large market globally, with U.K., Turkey, Russia and Germany being countries with high growth rates. APEC is expected to the third large market for ambulance stretchers, primarily due to improving healthcare and medical tourism in the region.
Key Research Findings
- Ageing population has led to increased age-related medical conditions, which increases the demand for ambulance services.
- A number of private ambulance service providers offer air ambulance services in Latin America. The trend of adoption of air ambulances in the region is expected to continue over the forecast period.
- Ambulance service in Japan is free unlike many other countries, which increases the demand for ambulance services in the region.
- Old-age homes and specialty clinics are becoming popular and are offering services including ambulance services.
- Development of low-cost advanced products is expected to drive the growth of the market for electric and pneumatic stretchers in China.
- Stretchers offered at low cost by the private players in North America is driving the growth of the ambulance stretchers market in the region.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
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Key Questions Answered in the Ambulance Stretchers Market Report
How is the Ambulance Stretchers Market expected to grow over the projected period?
What direction is the Ambulance Stretchers Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Ambulance Stretchers Market in future?
What are the key market drivers in the Ambulance Stretchers Market?
What are significant opportunities and improvement areas for Ambulance Stretchers Market manufacturers?
What are the key developments and trends taking over the Ambulance Stretchers Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Ambulance Stretchers Market?
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