Global Ambulance Stretchers Market Size, Trends, and Growth Opportunity, By Product (Transport Stretchers and Emergency Stretchers), By Technology (Manual Stretchers, Electric Powered Stretchers, Pneumatic Stretchers, and Other Technologies), and By End User (Clinics & Hospitals, Ambulatory Surgical Centers, and Other) By Region and Forecast to 2030.
Report ID : IR1002396 | Industries : Healthcare | Published On :July 2024 | Page Count : 254
Global Ambulance Stretchers Market Size, Trends, and Growth Opportunity, By Product (Transport Stretchers and Emergency Stretchers), By Technology (Manual Stretchers, Electric Powered Stretchers, Pneumatic Stretchers, and Other Technologies), and By End User (Clinics & Hospitals, Ambulatory Surgical Centers, and Other) By Region and Forecast to 2030.
Global Ambulance Stretchers Market
The Global Ambulance Stretchers Market was valued at USD 788.07 million in 2022 and is expected to reach USD 1189.39 million by 2030, at a CAGR 4.53% during the forecast period 2023- 2030.
Patients are transported in an ambulance using stretchers, commonly referred to as ambulance trolleys, for either non-emergency or emergency transportation. Stretchers can be purchased on the market in electric, manual, or pneumatic versions. A manual stretcher, which includes mechanical auto-loading stretchers that are not powered, must be operated and managed by a paramedic, sometimes referred to as a hydraulic stretcher or pneumatic stretcher. The stretchers' mobility is managed by a hydraulic system. It is therefore in high demand and has a high market value
Market Drivers
The market for ambulance stretchers is expected to rise as a result of an increase in traffic accidents, an increase in the older population—who often have a lower immune level and are more prone to cardiac issues, spinal injuries, cancer, and neurological diseases—and other factors.
Additionally, the market for ambulance stretchers is anticipated to benefit from favorable reimbursement rules, a rise in medical tourism, greater public awareness of emergency services, and increased government spending on healthcare.
Market Restraints
The scarcity of qualified personnel in emergency services and the high cost of ambulance services impede the expansion of the ambulance stretcher market.
The potential of adverse events connected with adverse occurrences is anticipated to hamper the market growth during the forecast period.
COVID 19 Impact
The COVID-19 pandemic did not affect the demand for ambulance stretchers. Healthcare resources were redirected toward emergency cases due to the global uptick in COVID-19 cases. The need for ambulance services to transport COVID-19 patients in an emergency grew as a result of this. According to guidelines on the operationalization of COVID care services published by the Indian Ministry of Health and Family Welfare in June 2021, a basic life support ambulance should be outfitted with the essential tools and medications, including a stretcher trolley with IV stands for the transfer of suspected and affected COVID-19 patients. During the epidemic, there was a high demand for ambulance services, which made stretchers readily available.
Market Segmentation
The Global Ambulance Stretchers Market is segmented into Product, Technology, and End User.
Based on Product, the market is divided into Transport Stretchers and Emergency Stretchers.
Based on Technology, the market is classified into Manual Stretchers, Electric Powered Stretchers, Pneumatic Stretchers, and Other Technologies.
Based on End User, the market is bifurcated into Clinics & Hospitals, Ambulatory Surgical Centers, and Other.
Regional Analysis
The Global Ambulance Stretchers Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America is anticipated to account for the largest market share during the forecast period. This can be linked to rising disposable income, rising general health consciousness, and rising demand for improved healthcare. Another significant reason is the expansion of the healthcare sector as a result of greater government spending. Significant growth is predicted for the Asia Pacific region. This is a result of the region's countries experiencing economic growth.
Key Development
In May 2022, Sprint unveiled the Sprint 200, a new premium emergency and transportation stretcher, as a member of the next generation of stretchers that it is using to advance patient care and transportation.
In March 2022, the Power-PRO 2 powered ambulance cot, which offers greater maneuverability, increased safety, and connectivity features to help optimize time and budget, was introduced by Stryker Corporation.
Key Players
Various key players are discussed in the Global Ambulance Stretchers Market Report including: Stryker Corporation, Hill-Rom Services Inc., Fu Shun Hsing Technology Co. Ltd., Ferno-Washington Inc., Dragon Industry (ZJC) Co. Ltd, Narang Medical Limited, ROYAX, Arjo, and GF Health Product Inc.
Market Taxonomy
By Product
• Transport Stretchers
• Emergency Stretchers
By Technology
• Manual Stretchers
• Electric Powered Stretchers
• Pneumatic Stretchers
• Other Technologies
By End User
• Clinics & Hospitals
• Ambulatory Surgical Centers
• Other
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Ambulance Stretchers Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Ambulance Stretchers Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Ambulance Stretchers Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Ambulance Stretchers Market Share Analysis, By Product
5.3 Global Ambulance Stretchers Market Size and Forecast, By Product
5.3.1 Transport Stretchers
5.3.2 Emergency Stretchers
6 Global Ambulance Stretchers Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Ambulance Stretchers Market Share Analysis, By Technology
6.3 Global Ambulance Stretchers Market Size and Forecast, By Technology
6.3.1 Manual Stretchers
6.3.2 Electric Powered Stretchers
6.3.3 Pneumatic Stretchers
6.3.4 Other Technologies
7 Global Ambulance Stretchers Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Ambulance Stretchers Market Share Analysis, By End User
7.3 Global Ambulance Stretchers Market Size and Forecast, By End User
7.3.1 Clinics & Hospitals
7.3.2 Ambulatory Surgical Centers
7.3.3 Other
8 Global Ambulance Stretchers Market, By Region
8.1 Global Ambulance Stretchers Market Share Analysis, By Region
8.2 Global Ambulance Stretchers Market Size and Forecast, By Region
9 North America Ambulance Stretchers Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Ambulance Stretchers Market Share Analysis, By Product
9.3 North America Ambulance Stretchers Market Size and Forecast, By Technology
9.4 North America Ambulance Stretchers Market Size and Forecast, By End User
9.5 North America Ambulance Stretchers Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Ambulance Stretchers Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Ambulance Stretchers Market Share Analysis, By Product
10.3 Europe Ambulance Stretchers Market Size and Forecast, By Technology
10.4 Europe Ambulance Stretchers Market Size and Forecast, By End User
10.5 Europe Ambulance Stretchers Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Ambulance Stretchers Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Ambulance Stretchers Market Share Analysis, By Product
11.3 Asia Pacific Ambulance Stretchers Market Size and Forecast, By Technology
11.4 Asia Pacific Ambulance Stretchers Market Size and Forecast, By End User
11.5 Asia Pacific Ambulance Stretchers Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Ambulance Stretchers Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Ambulance Stretchers Market Share Analysis, By Product
12.3 Latin America Ambulance Stretchers Market Size and Forecast, By Technology
12.4 Latin America Ambulance Stretchers Market Size and Forecast, By End User
12.5 Latin America Ambulance Stretchers Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Ambulance Stretchers Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Ambulance Stretchers Market Share Analysis, By Product
13.3 Middle East Ambulance Stretchers Market Size and Forecast, By Technology
13.4 Middle East Ambulance Stretchers Market Size and Forecast, By End User
13.5 Middle East Ambulance Stretchers Market Size and Forecast, By Country
13.6.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Stryker Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Hill-Rom Services Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Fu Shun Hsing Technology Co. Ltd.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Ferno-Washington Inc.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Dragon Industry (ZJC) Co. Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Narang Medical Limited
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ROYAX
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Arjo
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 GF Health Product Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies