Emergency Stretchers Product Type to Continue its Dominance in the Global Ambulance Stretchers Market During 2018-2026
Date : Jul 23, 2018 Author : PMR Editorial Staff Category : Lifestyle
Global Ambulance Stretchers Market Revenue Growth Expected to be Driven by an Increase of Air Ambulances Worldwide During 2018–2026
A stretcher is utilized to convey patients at the time of transportation. The ambulance stretchers types are transport stretcher otherwise emergency stretcher. These stretchers are utilized as a part of an emergency vehicle for the transportation of a patient; either for non-emergency or emergency transport. These are additionally called ambulance trolleys; the technology utilized in these stretchers might be electric powered, pneumatic or manual in nature. The manual stretcher requires a paramedic to deal with and manage. These incorporate the mechanical auto loading stretchers that are not controlled. Pneumatic stretchers are otherwise called hydraulic stretchers. The motility of these stretchers is operated by a hydraulic instrument appended to it. These stretchers might likewise be hybrid type which has a hydraulic instrument that is battery fuelled. The electric stretchers require battery control for the working of the mechanics of the stretcher. These stretchers are widely utilized by ambulatory service centers, hospitals, EMS providers and other facilities.
As per the recently published market report by Persistence Market Research, the global market for ambulance stretchers is likely to increase at a 2.2% CAGR all through the assessment period 2018–2026. PMR projects that the worldwide market is estimated to be evaluated at about US$ 223.1 Million during 2018 and is likely to increase at 2.1% CAGR during 2018–2026, to touch close to US$ 264.8 Million towards 2026 end. The emergency stretchers product type category has lead the worldwide market, with more than 59.0% of market value share during 2017. This category is anticipated to expand at a CAGR of 2.0% all through the set time period. Region-wise, North America is likely to keep up its dominance in the overall market owing to a huge number of private ambulance services which provide low rate ambulance rides.
The overall market growth is projected to be mainly driven by expanding medical tourism, rising government expenditure on healthcare, growing aging population and increasing awareness amid general public regarding emergency services. The increasing number of road mishaps, particularly in the APAC region, together with the growing worldwide occurrence of cardiovascular diseases is projected to boost the implementation of emergency services. In the majority of the regions all over the globe, the figure of ambulances on an average is more than the minimum needed, but the allocation of ambulances region-wise is greatly uneven. This is the prominent aspect fuelling the requirement for ambulance services in densely and rural populated regions that consecutively are driving the expansion of the worldwide market for ambulance stretchers. In addition, aspects, for instance, the high price of ambulance services, as well as lack of trained professionals in the emergency services, are anticipated to impede the expansion of the worldwide market for ambulance stretchers.