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Rising Medical Tourism to Drive the Demand for Ambulance Cots in India – Fact.MR Study

250 Pages Ambulance Cots Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Ambulance Cots to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Ambulance Cots market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Ambulance Cots Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Ambulance Cots market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Ambulance Cots market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Ambulance Cots

The report offers actionable and valuable market insights of Ambulance Cots. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Ambulance Cots Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Ambulance Cots, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Ambulance Cots Market.

Key Segments of the Ambulance cots Market

Fact.MR’s study on the ambulance cots market offers information divided into four important segments—product, technology, end user, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Product
  • Emergency Cots
  • Transport Cots
Technology
  • Manual Cots
  • Pneumatic Cots
  • Electric Cots
End User
  • EMS Service Providers
  • Hospitals
  • Ambulatory Service Centers
  • Other Facilities
Region
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Ambulance Cots Market – Scope of the Report

Fact.MR recently published a market study on the global market for ambulance cots. The study provides detailed assessment on the key market dynamics, including the drivers, trends, opportunities restraints, and detailed information about the ambulance cots market structure. The market study presents exclusive information about how the ambulance cot market will grow during the forecast period of 2019-2029.

Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, and Compounded Annual Growth Rate (CAGR) are explained in Fact.MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the ambulance cots market during the forecast period.

The study is relevant for stakeholders in the Ambulance cots market, including ambulance cots manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the ambulance cots market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in Fact.MR’s study.

The study also includes statistics as well as facts related to the macro as well as microeconomic factors that are impacting developments in the market. It also offers actionable insights based on the future trends in the ambulance cots market. Furthermore, small businesses and new entrants in the ambulance cots market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Rising Installed Base of Ambulances offer Significant Growth Opportunities

 

According to the WHO and several scientists, the minimum number of ambulances required is estimated to be one in 50,000 population across the world. Some countries exceed the number of minimum ambulance requirement norms. To meet the rising incidence of emergencies across the globe and to reduce the duration of response, more ambulances are required. Most countries, such as the U.S., the U.K., and Germany, have ambulances more than the required norms and yet are facing several conditions, such as delay in response, unequal distribution of ambulances in urban and rural areas, and increasing emergencies.

This results in an increased demand for ambulance services in these regions that influence the growth of the ambulance cots market. Some countries, such as Singapore and Burma (Myanmar), have ambulances below the required norms. The number of ambulances needed in Burma is around 1149. However, the country recently launched its first ambulance service in 2015 and has only 230 ambulances in its fleet. Other countries, such as Indonesia, have slightly more ambulances than the required norms, and still faces similar problems as those with insufficient ambulances. Thus rising number of ambulances in both the developed and developing nations drive the growth of the ambulance cots market.

 

Rising Number of Accidents Increasing the Usage of Ambulances – A Key Influencer

 

According to the World Bank data, 1.3 million people are killed in road accidents every year. Furthermore, there are about 30 million people that are seriously impacted by injuries caused by road traffic. Number of people injured, along with the number of deaths due to road accidents, are factors that are used to assess the number of road accidents.

This excludes suicide involving the use of road motor vehicles. In 2014, it was assessed that 22% of GDP per capita in Thailand was associated with deaths and injuries due to the road traffic. India and China also estimated that 14% and 15% respectively of the GDP per capita was associated with road accidents. According to a survey in India, in 2016, a total of 480,652 road accidents occurred that resulted in the death of 150,785 and 494,624 people with serious injuries. The rising proportion of vehicles and accidents are leading to the increasing use of emergency services, such as ambulance, which is expected to drive the growth of the ambulance cots market.

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Report Benefits & Key Questions Answered

  • Ambulance Cots Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Ambulance Cots Historical volume analysis: The report provides a comparison of Ambulance Cots’s historical sales and projected sales performance for 2021-2031.
  • Ambulance Cots Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Ambulance Cots market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Ambulance Cots Consumption by demographics: The report investigates consumer behavior affecting Ambulance Cots demand outlook for the assessment period. Effect of their keenness for digital trends on Ambulance Cots market is carefully analyzed
  • Post COVID consumer spending on Ambulance Cots: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Ambulance Cots market growth.

More Valuable Insights on Ambulance Cots Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Ambulance Cots, Sales and Demand of Ambulance Cots, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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