U.S. EMS Products Market to Reach USD 15.09 Billion by 2025
The U.S. emergency medical services (EMS) products market is anticipated to reach USD 15.09 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.2% during the forecast period.
(firmenpresse) - The U.S. emergency medical services (EMS) products market is anticipated to reach USD 15.09 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.2% during the forecast period. Burgeoning demand for emergency care, mounting cases of trauma, and growing healthcare spending are the key factors escalating the growth of the market.
Emergency departments manage patients with medical, obstetric, and surgical emergencies. The department is also equipped to treat injuries, infections, heart attacks, asthma, and acute pregnancy complications. The U.S. has hospital-based emergency departments as well as independent emergency departments that operate outside hospital premises. According to the Centers for Disease Control and Prevention (CDC), 141.4 million patients visited emergency rooms in the U.S. in 2014.
Surging demand in the U.S. for emergency medical services creates a favorable environment for market growth. The Centers for Medicare and Medicaid Services (CMS) has divided emergency departments in the U.S. into two segments: Type A and Type B. Type A functions 24 . As per Becker''s Hospital Review, a magazine for hospital business news, in 2016, the number of emergency department visits in the U.S. was 136.3 million. These figures indicate a strong demand for EMS products.
Moreover, in 1986, the government had introduced the Emergency Medical Treatment and Labor Act (EMTALA). As per the law, anyone going to emergency department has to be treated, regardless of their ability to pay or their insurance status. Such laws are improving the accessibility to emergency care, which in turn can propel the market.
Further Key Findings from the Study Suggest:
& emergency resuscitation products accounted for the largest share in 2016 owing to their requirement in most of the emergency medical cases.
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Unternehmensinformation / Kurzprofil:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
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Grand View Research, Inc.
Phone: 1-415-349-0058
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Datum: 30.03.2020 - 15:14 Uhr
Sprache: Deutsch
News-ID 1557228
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Date of sending: 30.03.2020
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