Emergency Medical Supplies Market is estimated to demonstrate sturdy expansion through 2032 owing to the increasing number of surgical procedures taking place across the globe. Besides, constant tech innovations and the easy accessibility of non-invasive surgical options to patients will positively influence the demand for emergency medical supplies.
Overall, the emergency medical supplies industry is segmented in terms of type, application, distribution channel, end-use, and region.
Based on type, the cardiac equipment segment is anticipated to grow considerably owing to the increasing incidences of cardiovascular diseases across the globe. Excessive intake of tobacco and alcohol, high caffeine consumption, and sedentary lifestyles are estimated to increase the prevalence of cardiac disorders. As per the WHO statistics, cardiovascular disorders claim more than 17.5 million lives every year.
By application, the cardiac care segment was valued at over USD 42 billion in 2022. The segmental expansion through 2032 can be credited to the large patient pool suffering from tachycardia. Besides, the increasing number of cardiac disorders will also serve as a key factor in market expansion in the ensuing years.
Considering the distribution channel, the e-commerce segment held over 31% market share in 2022. The rising patient inclination toward buying things online, especially following the COVID-19 outbreak, has positively escalated the demand for e-commerce channels. Besides, several benefits offered by these channels, such as free home delivery and additional discounts, will favor the industry growth.
In terms of end-use, the hospitals segment will grow tremendously during the estimated timeframe. Given the excellent quality of patient care and quick results, hospitals will see an increase in patient admission and surgical procedures during the estimated timeframe. Besides, high potential during emergencies such as pandemics will enhance patient flow, expanding the adoption of infection control supplies. According to an NHS report, the UK has witnessed approximately 16 million attendances at major hospital A&E and 9 million at minor settings, over the course of 2021-2022.
Regionally, the Asia Pacific emergency medical supplies industry will showcase considerable growth through 2032. Constant investments by the countries such as Japan and Australia to enhance the healthcare infrastructure will impact the regional market growth. Increasing disposable income, population growth, and rising adoption of personal protective equipment (PPE) are also some of the key factors slated to augment the market prospects through the forecast period.