The global Ambulance Stretchers market size was valued at $794.12 million in 2023 and is projected to reach $1,040.09 million by 2029, growing at a CAGR of 4.6% during the forecast period.
• The ambulance stretchers market growth is primarily driven by factors such as the increasing geriatric population, increased government expenditure on healthcare, rising medical tourism, and rising awareness among the general public about emergency services.
• Furthermore, factors such as increasing numbers of road accidents in rural and densely populated regions along with the increasing prevalence of cardiovascular diseases are likely to bolster the ambulance stretchers market growth to a greater demand over the forthcoming years.
• However, the high cost of ambulance services and lack of skilled professionals in emergency services are the factors hampering the market growth.
Ambulance stretchers are collapsible wheeled stretches that are used to carry patients while transportation; either for emergency or non-emergency transport. These stretchers are also known as ambulance trolleys; they are in various forms such as manual, pneumatic, or electric in nature. Thus, stretchers used in ambulances need to be light, compatible, and strong to assist employees in carefully handling patients.
By Product Type, the Transport Stretchers Segment Holds the Dominant Position in the Market Revenue
The transport stretchers segment holds the Dominant Position in the ambulance stretchers market and is expected to witness significant growth in the upcoming years as well; this is mainly due to the increased cardiovascular and metabolic diseases & geriatric population. Hence, an increase in chronic conditions such as heart stroke, kidney disease, obstructive pulmonary disease, and others in the aged population requires more care. There has been the introduction of new transport ambulances to increase accessibility. Therefore, initiatives are taken by key companies to initiate technologically sophisticated products such as hydraulic transport stretchers and pneumatic stretchers. The rising geriatric population along with growing chronic conditions and the increase in ambulance services are expected to rise in the demand for transport stretchers, resulting in a higher market share.
By Geography, North America Region is Projected to Strong Presence in the Global Market
North America region dominates the market for ambulance stretchers market due to the presence of several key players, well-established healthcare infrastructure, increasing demand for high-quality healthcare services, regulatory reforms in the healthcare sector. In addition, approving reimbursement policies in the North American region covering emergency and non-emergency ambulance services are likely to contribute to the ambulance stretchers market. Furthermore, an increase in chronic diseases among the geriatric population in the region is expected to contribute to the ambulance stretchers market.
List of the Key Players Profiled in the Market Include:
• Medline Industries, Inc.
• Stryker Corporation
• Hill-Rom Services Inc.
• Fu Shun Hsing Technology Co. Ltd
• Ferno-Washington Inc.
• Dragon Industry (ZJG) Co. Ltd
• Narang Medical Limited
• ROYAX
• Arjo
• GF Health Product Inc.
• Jiangsu Rixin Medical Equipment Co. Ltd
• Jiangsu Saikang Medical Equipment Co. Ltd.
• Zhangjiagang New Fellow Med Co., Ltd.
• Omega Surgical Industries
What Can be Explored with this Research Report:
Understand the key trends that will drive the market, challenges it faces in the current market scenario.
Identify growth opportunities.
Porter’s five force analysis.
In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
Historical and forecast size of the market in terms of revenue (USD Million).
Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Ambulance Stretchers Market by, Product Type
• Emergency Stretchers
• Transport Stretchers
Global Ambulance Stretchers Market by, Technology
• Manual Stretchers
• Electric Powered Stretchers
• Pneumatic Stretchers
Global Ambulance Stretchers Market by, End-User
• Hospitals
• EMS Service Providers
• Ambulatory Service Centers
• Other End Users
Global Ambulance Stretchers Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Growing geriatric population
4.1.2 Increasing numbers of road accidents in rural and densely populated regions
4.1.3 Rising government expenditure on healthcare
4.2 Market Restraints
4.2.1 High cost of ambulance services
4.2.2 Lack of skilled professionals in the emergency services
4.3 Impact of COVID-19 on Ambulance Stretchers Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Ambulance Stretchers Market by, Product Type
6.1 Overview
6.2 Emergency Stretchers
6.3 Transport Stretchers
7 Global Ambulance Stretchers Market by, Technology
7.1 Overview
7.2 Manual Stretchers
7.3 Electric Powered Stretchers
7.4 Pneumatic Stretchers
8 Global Ambulance Stretchers Market by, End User
8.1 Overview
8.2 Hospitals
8.3 EMS Service Providers
8.4 Ambulatory Service Centers
8.5 Other End Users
9 Global Ambulance Stretchers Market by, Geography
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Medline Industries, Inc.
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Stryker Corporation
11.3 Hill-Rom Services Inc.
11.4 Fu Shun Hsing Technology Co. Ltd
11.5 Ferno-Washington Inc.
11.6 Dragon Industry (ZJG) Co. Ltd
11.7 Narang Medical Limited
11.8 ROYAX
11.9 Arjo
11.10 GF Health Product Inc.
11.11 Jiangsu Rixin Medical Equipment Co. Ltd
11.12 Jiangsu Saikang Medical Equipment Co. Ltd.
11.13 Zhangjiagang New Fellow Med Co., Ltd.
11.14 Omega Surgical Industries
Report Details
SKU Code | : DI2005 |
Industry | : Healthcare |
Region | : Global |
Tables | : 108 |
Format | : Electronic PDF |
Published | : 2023 |
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