Global Emergency Medical Supplies Market is anticipated to rise at a value CAGR of -17.3 % over 2019-2028. According to a study published by Insure Insights on the Global Emergency Medical Supplies Market. Emergency Medical Supplies are those kits used in patient care and management in emergency situations like physical injuries, respiratory & cardiac disorders, etc. They include ventilators PPE kits etc. The technological advancements in emergency medical supplies have fostered the market growth

Top Driver: The upsurge in the number of Coronavirus cases have boosted the market of Emergency Medical Supplies

The outbreak of COVID-19 has drastically improved the market of emergency medical supplies; the increasing number of cases have further boosted the market growth.  The rise in the demand for Medical kits for immediate and effective management in case emergencies. Coronavirus is leading to a high number of deaths, and thus, patient care has become necessary. Moreover, the mounting growth in the number of Chronic disorders, like cardia arrest, respiratory is anticipated to uplift the overall market in the forecast period.

Diagnostics and Monitoring Equipment uplifts the overall Global Emergency Medical Supplies Market

Based on the Product, Diagnostics and Monitoring Equipment segment have dominated the segmental growth due rise in the awareness among people about diagnostic procedures. The rise in the chronic disorder and infectious diseases worldwide have attributed to segmental growth.   Furthermore, the growth in the geriatric pool and the outbreak of COVID-19 have further boosted the overall segment.

In terms of the Application, Respiratory care segment has obtained the most significant growth due to the rise in the incidences of chronic respiratory disorders such as asthma, lung cancer, pneumonia, COPD, etc. and. The rise in the number of smokers worldwide has further promoted the segmental growth. The Coronavirus outbreak have positively contributed to the segmental growth Based on the End User, hospitals segment have obtained lucrative growth in the market due to the enhanced healthcare infrastructure, availability of advanced medical devices, and equipment, and also  increase in  hospital admissions owing to the growing incidence of COVID-19 have boosted the emergency medical supplies in the hospitals

The Covid-19 Outbreak has dominated the market in Europe significantly.     

The coronavirus has widely affected European countries like Italy, Spain, and France, and thus, in turn, has increased the demand for emergency medical supplies in the region. Moreover, the rise in inpatient admissions, especially in intensive care units, has boosted further market growth in the region. The surge in the technical advancements, product, and government funding for healthcare activities coupled with rising healthcare expenditure has provided immense growth to the regional market.

 Product Launches, and Acquisition, are the major strategies of the competitors

The Players of the Global Emergency Medical Supplies Market is fragmented. The key competitors of the Global Emergency Medical Supplies Market are Stryker, Medtronic, Inc., Phillips, GE Healthcare Smith & Nephew, 3M Company, Becton & Dickinson Company, Johnson & Johnson, Abbott Laboratories, and Bayer Corporation.

Abbott Laboratories: Abbott Laboratories is one of the major competitors of the Global Emergency Medical Supplies Market. In January 2017, Abbott Laboratories had announced the acquisition of St. Jude Medical, Inc.; they are a medical device company. The acquisition was made by Abbott Laboratories to expand its product portfolio with devices, diagnostics, nutritionals and branded generic pharmaceuticals.

Smith & Nephew: Smith & Nephew is a popular competitor in the Global Emergency Medical Supplies Market. In April 2019, Smith & Nephew had announced the agreement to Maryland-based regenerative medicine specialist Osiris Therapeutics; the deal was made for USD 660 million. They manufacture regenerative medicine products, including skin, bone graft, and articular cartilage substitute. The acquisition was made by Smith & Nephew to strengthen the advanced Wound Management franchise.

Scope of the Report

By Product

• Diagnostics and Monitoring Equipment
• Infection Control Products
• Therapeutic Respiratory Devices

By Application

• Cardiac Care
• Trauma
• Respiratory Care
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Others

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.