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Global Ambulance Cots Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
Ambulance cots are the devices used for patient handling during the emergency. They help to reduce stress and strain from a patient. These cots are available in almost every type of ambulance. There are two types of cots available in an ambulance which include manual cots and powered cots. Manual cots require paramedic for handling and operation purposes whereas, powered cots are electrically operated. Due to growing technology and modernization, these powered cots are more preferred by the patients. They provide better comfort as compared to conventional cots. In addition to this, ambulance cots are also used during emergency treatment or emergency cases. Rural areas of the countries where proper healthcare service is not available, in such conditions these cots play an important role. According to World Health Organization, most of the deaths in the world are caused due to cardiovascular diseases. Taking around 17.9 million lives every year which is an estimated 31.00% of all deaths worldwide. Owing to this growing rate of diseases and emergencies, Governments across the world are providing free on-demand emergency ambulance services and these cots play a vital role in it. Global ambulance cots market accounted 234.7 USD million in 2020 and is expected to reach 327.9 USD million by 2030 growing with a CAGR of 3.4% during the forecast period.
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Market Dynamics and Factors:
Growth in the aging population and growing healthcare sector across the world are some of the major factors driving the market. Lack of availability of healthcare services in rural areas will increase the demand of the ambulance cots which will boost the market. Moreover, provision of free on-demand ambulance service across the country such as India’s 108 ambulance service. All of these factors will fuel the market. Rising awareness about health-consciousness is a supporting factor of this market. However, the high cost of equipment and its maintenance limits the growth of the ambulance cots market.
Market Segmentation:
Global Ambulance Cots Market – By Type
Manual
Powered
Global Ambulance Cots Market – By End-User
Fire Ambulance
Disaster Ambulance
Hospital Ambulance
Global Ambulance Cots Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America has dominated the global ambulance cots market and expected to continue its supremacy in the upcoming years. Due to growth in the demand of powered cots owing to the requirement of comfort and safety during emergency conditions in the populace. In addition to this growing technological advancement and development in the US and Canada. Asia Pacific is also expected to witness rapid growth in the upcoming years. Owing to the rapidly growing population, increase in demand for safety and comfort, government initialization in providing free healthcare and ambulance services in a rural region, and change in lifestyle of populace leads to an increase in disposable income. Europe is also expected to grow with a significant growth rate due to the growing healthcare sector.
Competitive Scenario:
Ambulance Cots Market Key Players are The Stryker, Ferno EMS, Spencer India Technologies Pvt Ltd, Amico, Hausted Patient Handling Solutions, Hill-Rom, Pedigo.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Ambulance Cots industry, although key threats, opportunities and disruptive technologies that could shape the Global Ambulance Cots Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Ambulance Cots Market most.
The data analysis present in the Global Ambulance Cots Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Ambulance Cots Market business.
The 2021 Annual Global Ambulance Cots Market offers:
100+ charts exploring and analysing the Global Ambulance Cots Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Ambulance Cots Market type.
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