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Emergency Medical Supplies Market Analysis

Report ID: GMI4612
Published Date: Feb 2023
Report Format: PDF

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Emergency Medical Supplies Market Analysis

Based on type, the emergency medical supplies market share from infection control products segment held a valuation of over USD 38 billion in 2022. Fueled by growing healthcare investments and infrastructure development efforts across developing economies, the segment is slated to witness stable growth through 2032. Back in June 2021, the Government of India signed a USD 32 million Mizoram Health Systems Strengthening Project, with a specific focus on infection prevention to control the spread of future pandemic.

Based on distribution channel, emergency medical supplies market size from retail pharmacy segment was valued at over USD 52 billion in 2022, driven by a small increase in the number of retail pharmacies, and the ease of accessibility retail pharmacies offer to patients. Retail stores also deliver affordable and high-quality customer services, which further promotes more customer footfall. Additionally, pharmacists often offer personalized suggestions to patients tailored to their health status and requirements, proving highly beneficial for their recovery. Furthermore, the better availability of medicines, credit, and cheaper products makes these stores the go to solution for consumers.

Global Emergency Medical Supplies Market Size By Region

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On a regional spectrum, North America emergency medical supplies market held over 42.5% of the revenue share in 2022. Driven by the rising government focus on infection control initiatives, the market is likely to foresee steady growth through 2032. Back in September 2021, the US government unveiled an investment of USD 2.1 billion on infection prevention and control projects. The news bodes well for the region, which has been experiencing a worrying trend of rising nosocomial infection cases. The US CDC estimates that approximately 1.7 million hospitalized patients acquire such infections, leading to more than 98,000 fatalities annually.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

In 2022, the global market for emergency medical supplies recorded a valuation of over USD 157.5 billion and is anticipated to observe a -0.3% CAGR from 2023 to 2032, driven by the return back to normalcy from the COVID-19 pandemic.

Infection control products segment held a valuation of over USD 38 billion by 2022, fueled by growing investments towards healthcare infrastructure development efforts across developing economies.

North America emergency medical supplies market held over 42.5% of the revenue share in 2022, driven by the rising government focus on infection control initiatives, the market is likely to foresee steady growth through 2032.

Some of the major market players include names such as Stryker, Asahi Kasei Corporation, GE Healthcare, Cardinal Health, Medtronic plc, Koninklijke Phillips N.V., and Smith & Nephew, among others.