Emergency Room Equipment Market size was estimated at $32,430.6 Million in 2019 and is expected to reach $48,442.5 Million by 2027, growing at a CAGR of 5.9% during the forecast period of 2020 to 2027.
The global emergency room equipment is essentially the equipment used in the global emergency room or department or corner in the hospital where severe injuries are treated or sudden illnesses are treated for emergency treatment. The abbreviation ER is also used for the emergency room. These equipment such as forceps, sterile towels, scissors, small bowls, needle holders as well as other orthopedic equipment are necessary for an emergency room. This equipment is mainly used in hospitals especially in emergency rooms but can also be found in ambulances and is mainly used by doctors and nurses as well as EMTs.
There has been an increase in emergency room equipment recently due to the number of accidents that require people to be rushed to emergency rooms. Also, the fact that there is an increase in coronavirus patients who attacks the respiratory system means that there is an increased number of people who struggle to breathe and require emergency services and equipment. Also due to the increase in hospitals being built means that the demand for emergency room equipment is increasing because all major hospitals have an emergency room.
The ever-rising cost of the medical equipment is one of the key factors which expected to disrupt or restrain the growth of the global emergency room equipment market over the forecasted or the anticipated period. Additionally, the availability of refurbished medical equipment is another primary factor expected to restrict the growth of the global emergency room equipment market. Advancement in technology such as three and four-dimensional imaging equipment and systems, development and devising of more low-cost cloud-based ECD equipment and machinery, especially in emerging economies, to gather, store, protect and handle a plethora of volumes of sensitive data like information pertaining to patients, which in turn is anticipated to contribute in the betterment of overall diagnosis, treatment, and outcomes, representing significant high potential opportunities for medical equipment manufacturers working in the global emergency room equipment market.
So all in all the market, for global emergency room equipment is expected to see a rise in the time to come.
Emergency Room Equipment Market Growth and Trends
Emergency medical equipment comprising specialized equipment and products to aid in the provision of emergency care are in high demand and foster steep market growth across the globe, as acute physical trauma injuries and medical emergencies like cardiac arrest are life threatening and necessitate immediate medical attention. The global emergency medical equipment market can be segmented based on type, application, end-user, and geography. The various types of segments of the global emergency medical equipment market, such as patient handling equipment, wound care consumables, infection control supplies, emergency resuscitation equipment, patient monitoring systems, personal protection equipment, and so forth. The emergency resuscitation equipment market segment will hold a significant share of the market going forward, due to remarkable increase in the frequency of emergency visits and increase in demand for emergency resuscitation equipment. The cardiac care segment will definitely witness a high share of the market because of high incidence of cardiac diseases along with increase in geriatric population prone to cardiac diseases. Based on end-user, the classification of global emergency medical equipment market into hospitals, ambulatory surgical centres, specialty clinics, and other healthcare facilities, the hospitals segment is most likely to dominate the market owing to developments in hospital infrastructure. High incidence of injuries from trauma, increase in the number of emergency visits, technological advancements, and well-established hospital infrastructure are estimated to bolster the emergency medical equipment market in North America and Europe. The expansion of the market in Asia Pacific, likely to be driven by India and China, is expected to expand at a growing pace owing to significant emergency visits by patients, rise in geriatric population prone to medical emergencies, developing hospital infrastructure, and increased government funding.
However, high price of emergency medical equipment and product recall because of malfunctioning are anticipated to deter growth of the market.
Emergency Room Equipment Market Competition
Key companies operating in this industry are Medtronic, Eithicon, GE Healthcare, Philips Healthcare and Zoll Medical.
• Emergency Room Equipment Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Emergency Room Equipment Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Trauma Equipment
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Accident Rescue
• Sudden Illness
• Obstetrics and Gynecology
Country (Revenue, USD Million, 2020 - 2027)
• United States
• South Korea
• Rest of Asia Pacific
• Rest of Europe
• Rest of South America
The Middle East and Africa
• Saudi Arabia
Emergency Room Equipment Market Companies
• GE Healthcare
• Philips Healthcare
• Zoll Medical
Please fill in the form below to Request for free Sample Report
Office Hours Mon - Sat 10:00 - 16:00
Send Us Mail firstname.lastname@example.org
© 2018 Market Decipher. All Rights Reserved