Emergency Medical Supplies Market size to surpass $127.7 Bn by 2032

Emergency Medical Supplies Market size is anticipated to cross USD 127.7 billion by 2032, according to a new research report by Global Market Insights Inc.
 

Rising occurrence of chronic ailments across the globe is a key driver behind market growth. Increasing cases of medical ailments such as kidney disorders, cancer, high blood pressure, diabetes, and others, as well as their associated prolonged hospitalization, have bolstered the demand for emergency medical supplies.
 

More than 805,000 cases of heart attack are reported annually in the US alone, making ready access and availability of emergency medical supplies critical for healthcare facilities. People with chronic ailments are also more prone to opportunistic pathogenic infections, which elevates the value for such supplies.  
 

Rising occurrence of respiratory disorders to bolster respiratory care application segment gains

The respiratory care segment accounted for more than 30% of the emergency medical supplies market in 2022, with a majority of the outlook driven by the increasing occurrence of respiratory disorders such as chronic obstructive pulmonary disorder (COPD), fibrosis, asthma, and pulmonary hypertension among others.
 

Nearly 25 million people have asthma in the US alone, which translates to 1 in every 13 people. With such high numbers there has been an increasing trend of innovations in the respiratory care segment, which is expected to further augment industry size.
 

 Growing ambulatory surgical centers to foster end-use segment expansion

Emergency medical supplies industry valuation from ambulatory surgical centers (ASCs) segment is poised to grow beyond USD 26 billion by 2032, driven by the high frequency of emergency patient footfall and surgeries in these facilities. Today, ASCs have emerged as the default choice for patients that require surgery. The facilities are considered highly efficient for surgical management, specifically for medical problems such as spinal conditions.
 

Many ASCs and healthcare units are being constructed in recent years to offer better diagnostic treatment and care to infected patients, proliferating segment outlook further.
 

Browse key industry insights spread across 210 pages with 393 market data tables & 19 figures & charts from the report, “Emergency Medical Supplies Market Size By Type (Infection Control Products {Hand and Arm Protection Equipment, Eye and Face Protection Equipment, Head Protection Equipment}, Diagnostics and Monitoring Equipment {ECG Monitors, Blood Pressure Monitors, Blood Glucose Monitors, Blood Gas and Electrolyte Analyzers, Pulse Oximetry}, Therapeutic Respiratory Devices {Tubes, Ventilators, Inhalers}, Cardiac Equipment {Defibrillation Supplies, Pacemaker}, Wound Care Supplies {Dressings and Bandages, Sutures and Staples}, Patient Handling Equipment {Patient Lifting Equipment, Medical Beds, Wheelchairs and Scooters}), By Application (Cardiac Care, Respiratory Care, Trauma), By Distribution Channel (Retail Pharmacy, E-commerce), By End-use (Hospitals, Trauma Centers, Ambulatory Surgical Centers, Specialty Clinics), Regional Outlook, Industry Analysis Report, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/emergency-medical-supplies-market
 

Increasing R&D initiatives to strengthen Europe emergency medical supplies market

Europe emergency medical supplies sector size is slated to reach a valuation of more than USD 28.8 billion by 2032, fueled by the growing R&D activities for the creation of innovative medical products. Back in March 2022, the UK government invested over £260 million (USD 314 million) to support R&D, device, diagnostics, and drug manufacturing projects in the country. 
 

Strong regional product demand can also be attributed to the notable presence of major market contenders such as Braun Melsungen AG, and Smith & Nephew in the region. Which is ideal as the region is also witnessing a growing patient pool suffering from chronic ailments. As per WHO, there are nearly 60 million diabetic people in Europe. 
 

Innovations to define the competitive landscape for emergency medical supplies industry

The major emergency medical supplies market players include Koninklijke Phillips N.V., GE Healthcare, Cardinal Health, Asahi Kasei Corporation, Smith & Nephew, and Becton & Dickinson Company, among others.