Report Ocean recently released a research report on the Ambulance Stretchers Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global ambulance stretchers market size was US$ 717.0 million in 2021 and is forecast to reach US$ 1297 million by 2030, registering a compound annual growth rate (CAGR) of ~6.8% during the forecast period from 2022 to 2030.
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Factors Influencing
- The growing number of trauma and accidental cases is the primary factor driving the growth of the global ambulance stretchers market.
- The increasing geriatric population is forecast to benefit the global ambulance stretchers market.
- Increasing awareness related to emergency services and growing road accidents worldwide is forecast to fuel the growth of the global ambulance stretchers market.
- Increasing investments in healthcare and government initiatives are forecast to propel the growth of the global ambulance stretchers market.
- The high cost of ambulance services may become challenging for the growth of the global ambulance stretchers market.
- Technological advancements in the industry are projected to be profitable for the market players.
Geographic Analysis
North America would emerge as the largest regional ambulance stretchers market due to the presence of a large number of prominent players, escalating geriatric population, and favorable government initiatives. Moreover, the surging cases of cardiovascular diseases are prompting the demand for high-quality healthcare services. Thus, it would benefit the market players in North America.
Asia-Pacific region is forecast to register significant CAGR in the global ambulance stretchers market. The region would grow mainly because of the growing road traffic accidents and government initiatives to enhance healthcare services. Moreover, increasing geriatric population and developing healthcare infrastructure would have positive impact on the global ambulance stretchers market.
COVID-19 Impact Analysis
The global ambulance stretchers market grew rapidly during the COVID-19 pandemic. Due to the virus spread, the healthcare sector witnessed a sudden burden. A large number of COVID-19 patients were taken to hospitals via ambulance regularly. As a result, it increased the demand for ambulance services, thereby propelling the growth of the global ambulance stretchers market.
Due to the severity of the situation, various hospitals began offering free ambulance service to the patients. Thus, it surged the demand for ambulance stretchers.
Moreover, the demand for ambulances also grew as countries were witnessing a pool of patients every day. Healthcare sectors had to exceed their services in order to cater to the demand of the public. Thus, it accelerated the growth of the global ambulance stretchers market.
In addition, the governments have begun focusing on expanding healthcare expenditure. As a result, the global ambulance stretchers market is forecast to witness favorable growth opportunities during the forecast period.
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Competitors in the Market
- Hill-Rom Holdings Inc
- Getting Group
- Stryker Corporation
- Omega Surgical Industries
- Dragon Industry (ZJG) Co.
- Medline Medical Equipment
- Fu Shun Hsing Technology Co.
- Zhangjiagang New Fellow Med Co.
- Ferno-Washington
- Other prominent players
Market Segmentation
Insight by Product Type
- Emergency Stretchers
- Transportable Stretchers
Insight by Technology
- Pneumatic
- Manual
- Electric Powered.
Insight by End User
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Emergency Service Providers
Insight by Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
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- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Ambulance Stretchers Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Ambulance Stretchers market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Ambulance Stretchers Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Ambulance Stretchers market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Ambulance Stretchers market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Ambulance Stretchers market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Ambulance Stretchers market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Ambulance Stretchers business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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