Global Ambulance Stretchers Market - Analysis and Forecast (2021-2027)

Industry Insights by Product Type (Emergency Stretcher, Transportable Stretcher), by Technology (Manual, Electric Powered, Pneumatic), by End User (Hospital & Clinic, Ambulatory Surgical Centers, Emergency Service Provider), and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

Industry Overview

The Global Ambulance Stretchers Market was valued at USD 680.0 million in 2020 and is expected to grow at a CAGR of 6.1% during the forecast period (2021–2027). The global ambulance stretchers market is growing at a significant rate, due to increasing accidental cases, mounting prevalence of cardiovascular diseases, and surge healthcare expenditure. Different types such as into emergency stretchers and transportable stretchers contributed to the ambulance stretchers market size. The market has witnessed a high demand for transportable stretchers in the coming years due to schemes undertaken by major players for the introduction of technologically advanced products.

Market Segmentation

Insight by Product Type

On the basis of product type, the market is subdivided into emergency stretchers and transportable stretchers. Of all product types, the emergency stretcher segment is expected to grow at a faster rate in the market, owing to the escalating number of road accidents. 

In addition, the transportable stretchers segment accounted for the larger share in the market, owing to the mounting prevalence of cardiovascular diseases, escalating bariatric and geriatric population, and surge in medical tourism. Moreover, the segment is expected to perceive substantial growth owing to the launch of technologically advanced products such as pneumatic stretchers and hydraulic transport stretchers.

Insight by Technology

On the basis of technology, the market is subdivided into pneumatic, manual, and electric powered. Of all the technologies, the manual accounted for a foremost share in the ambulance stretchers market, owing to the existence of various products offered by the major players in the market and the characteristics of the stretchers such as lightweight and easy to carry in the remote location.

Moreover, of all technologies, the electrical segment is expected to grow at the fastest rate in the market, owing to mounting investment by major players in the innovation and launch of technologically advanced products.

Insight by End User

On the basis of end-user, the market is subdivided into hospitals and clinics, ambulatory surgical centers and emergency service providers. Of all the end-users, the hospitals and clinics accounted for a foremost share in the ambulance stretchers market, owing to the surge in the number of bariatric population, escalating prevalence of the cardiovascular disorder, and surge in patient volume in hospitals.

Industry Dynamics

Growth Drivers

The increasing trauma and accidental cases, escalating geriatric population, a surge in medical tourism, increasing healthcare expenditure, a surge in alertness among the general public about emergency services, and improving healthcare infrastructure in developing countries are the primary growth drivers for the ambulance stretchers market. 

An upsurge in sports injury, surge government schemes to enhance healthcare infrastructure, promising reimbursement scenario, and an upsurge in injury at the workplace is also facilitating the growth for the ambulance stretchers market. Mounting prevalence of cardiovascular diseases and the bariatric population is propelling the growth of the ambulance stretchers market. For instance, according to WHO in 2016 approximately 17.9 million people died from cardiovascular diseases, globally.

Restraints

Lack of skilled professionals and elevated cost of ambulance services are the major restraints for the growth of the global ambulance stretchers market.

Opportunities

The technological advancement in new transportable stretchers is the opportunity for the global ambulance stretchers market.

Geographic Overview

Geographically, North America is the largest ambulance stretcher market as in the region, owing to the presence of a large number of key players, promising reimbursement scenario, and escalating geriatric population. In addition, a surge in the prevalence of cardiovascular diseases and a mounting need for high-quality healthcare services are also up surging the growth of the North American ambulance stretchers market.

Asia-Pacific is observed to witness the fastest growth in the market, due to the surge in medical tourism, a surge in road traffic accidents, and increasing healthcare expenditure. In addition, a surge in the geriatric population and improving healthcare infrastructure are also creating a positive impact on the ambulance stretchers market growth in the region. 

Competitive Insight

Key players in the ambulance stretchers market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In November 2018, Ontario signed an agreement with HeliMod, for the equipment of an improved stretcher system in the Ornge fleet of AW139 helicopters. Hill-Rom Holdings, Inc., Getting Group, Stryker Corporation, Omega Surgical Industries, Dragon Industry (ZJG) Co., Ltd., Medline Medical Equipment, Inc., Fu Shun Hsing Technology Co., Ltd., Zhangjiagang New Fellow Med Co., Ltd., and Ferno-Washington, Inc. are the key players offering ambulance stretchers.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from the industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end-user surveys comprising of consumers are also conducted to understand consumer behavior.

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 
        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Product Type
                1.2.2.    By Technology
                1.2.3.    By End User
                1.2.4.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Size Estimations and Forecast
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit
2.    Executive Summary
3.    Market Definition
        3.1.    By Product Type
                3.1.1.    Emergency Stretcher 
                3.1.2.    Transportable Stretcher
        3.2.    By Technology
                3.2.1.    Manual
                3.2.2.    Electric Powered
                3.2.3.    Pneumatic
        3.3.    By End User
                3.3.1.    Hospital & Clinic
                3.3.2.    Ambulatory Surgical Centers
                3.3.3.    Emergency Service Provider
4.    Industry Overview
        4.1.    Industry Dynamics
                4.1.1.    Market Growth Drivers
                4.1.2.    Market Growth Restraints
                4.1.3.    Key Market Trends
                4.1.4.    Major Opportunities
        4.2.    Industry Ecosystem
                4.2.1.    Porter’s Five Forces Analysis
                4.2.2.    Recent Development Analysis
                4.2.3.    Value Chain Analysis
        4.3.    Competitive Insight
                4.3.1.    Competitive Position of Industry Players
                4.3.2.    Market Attractive Analysis
                4.3.3.    Market Share Analysis
5.    Global Market Estimate and Forecast
        5.1.    By Product Type
        5.2.    By Technology
        5.3.    By End User
        5.4.    By Region
6.    North America Market Estimate and Forecast
        6.1.    By Product Type
        6.2.    By Technology
        6.3.    By End User
        6.4.    By Country
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast
7.    Europe Market Estimate and Forecast
        7.1.    By Product Type
        7.2.    By Technology
        7.3.    By End User
        7.4.    By Country
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    France Market Estimate and Forecast
                7.4.3.    U.K. Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Spain Market Estimate and Forecast
                7.4.6.    Rest of Europe Market Estimate and Forecast
8.    Asia-Pacific Market Estimate and Forecast
        8.1.    By Product Type
        8.2.    By Technology
        8.3.    By End User
        8.4.    By Country 
                8.4.1.    China Market Estimate and Forecast
                8.4.2.    Japan Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Australia Market Estimate and Forecast
                8.4.6.    Rest of Asia-Pacific Market Estimate and Forecast
9.    Rest of the World (RoW) Market Estimate and Forecast
        9.1.    By Product Type
        9.2.    By Technology
         9.3.    By End User
        9.4.    By Country
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    Saudi Arabia Market Estimate and Forecast
                9.4.3.    South Africa Market Estimate and Forecast
                9.4.4.    Other Countries Market Estimate and Forecast
10.    Company Profiles
        10.1.    Hill-Rom Holdings, Inc.
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Getting Group
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Stryker Corporation
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Omega Surgical Industries
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Dragon Industry (ZJG) Co., Ltd.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Medline Medical Equipment, Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Fu Shun Hsing Technology Co., Ltd.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Zhangjiagang New Fellow Med Co., Ltd.
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Ferno-Washington, Inc.
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
11.    Appendix
        11.1.    Exchange Rates
        11.2.    Abbreviations
Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Ambulance Stretchers Market Size, by Product Type, 2015–2020 (USD Million)
Table 5 Global Ambulance Stretchers Market Size, by Product Type, 2021–2027 (USD Million)
Table 6 Global Ambulance Stretchers Market Size, by Technology, 2015–2020 (USD Million)
Table 7 Global Ambulance Stretchers Market Size, by Technology, 2021–2027 (USD Million)
Table 8 Global Ambulance Stretchers Market Size, by End User, 2015–2020 (USD Million)
Table 9 Global Ambulance Stretchers Market Size, by End User, 2021–2027 (USD Million)
Table 10 Global Ambulance Stretchers Market Size, by Region, 2015–2020 (USD Million)
Table 11 Global Ambulance Stretchers Market Size, by Region, 2021–2027 (USD Million)
Table 12 North America Ambulance Stretchers Market Size, by Product Type, 2015–2020 (USD Million)
Table 13 North America Ambulance Stretchers Market Size, by Product Type, 2021–2027 (USD Million)
Table 14 North America Ambulance Stretchers Market Size, by Technology, 2015–2020 (USD Million)
Table 15 North America Ambulance Stretchers Market Size, by Technology, 2021–2027 (USD Million)
Table 16 North America Ambulance Stretchers Market Size, by End User, 2015–2020 (USD Million)
Table 17 North America Ambulance Stretchers Market Size, by End User, 2021–2027 (USD Million)
Table 18 North America Ambulance Stretchers Market Size, by Country, 2015–2020 (USD Million)
Table 19 North America Ambulance Stretchers Market Size, by Country, 2021–2027 (USD Million)
Table 20 Europe Ambulance Stretchers Market Size, by Product Type, 2015–2020 (USD Million)
Table 21 Europe Ambulance Stretchers Market Size, by Product Type, 2021–2027 (USD Million)
Table 22 Europe Ambulance Stretchers Market Size, by Technology, 2015–2020 (USD Million)
Table 23 Europe Ambulance Stretchers Market Size, by Technology, 2021–2027 (USD Million)
Table 24 Europe Ambulance Stretchers Market Size, by End User, 2015–2020 (USD Million)
Table 25 Europe Ambulance Stretchers Market Size, by End User, 2021–2027 (USD Million)
Table 26 Europe Ambulance Stretchers Market Size, by Country, 2015–2020 (USD Million)
Table 27 Europe Ambulance Stretchers Market Size, by Country, 2021–2027 (USD Million)
Table 28 Asia-Pacific Ambulance Stretchers Market Size, by Product Type, 2015–2020 (USD Million)
Table 29 Asia-Pacific Ambulance Stretchers Market Size, by Product Type, 2021–2027 (USD Million)
Table 30 Asia-Pacific Ambulance Stretchers Market Size, by Technology, 2015–2020 (USD Million)
Table 31 Asia-Pacific Ambulance Stretchers Market Size, by Technology, 2021–2027 (USD Million)
Table 32 sia-Pacific Ambulance Stretchers Market Size, by End User, 2015–2020 (USD Million)
Table 33 Asia-Pacific Ambulance Stretchers Market Size, by End User, 2021–2027 (USD Million)
Table 34 Asia-Pacific Ambulance Stretchers Market Size, by Country, 2015–2020 (USD Million)
Table 35 Asia-Pacific Ambulance Stretchers Market Size, by Country, 2021–2027 (USD Million)
Table 36 RoW Ambulance Stretchers Market Size, by Product Type, 2015–2020 (USD Million)
Table 37 RoW Ambulance Stretchers Market Size, by Product Type, 2021–2027 (USD Million)
Table 38 RoW Ambulance Stretchers Market Size, by Technology, 2015–2020 (USD Million)
Table 39 RoW Ambulance Stretchers Market Size, by Technology, 2021–2027 (USD Million)
Table 40 RoW Ambulance Stretchers Market Size, by End User, 2015–2020 (USD Million)
Table 41 RoW Ambulance Stretchers Market Size, by End User, 2021–2027 (USD Million)
Table 42 RoW Ambulance Stretchers Market Size, by Country, 2015–2020 (USD Million)
Table 43 RoW Ambulance Stretchers Market Size, by Country, 2021–2027 (USD Million)
Table 44 Snapshot – Hill-Rom Holdings, Inc.
Table 45 Snapshot – Getting Group
Table 46 Snapshot – Stryker Corporation
Table 47 Snapshot – Omega Surgical Industries
Table 48 Snapshot – Dragon Industry (ZJG) Co., Ltd.
Table 49 Snapshot – Medline Medical Equipment, Inc.
Table 50 Snapshot – Fu Shun Hsing Technology Co., Ltd.
Table 51 Snapshot – Zhangjiagang New Fellow Med Co., Ltd.
Table 52 Snapshot – Ferno-Washington, Inc.

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Types for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Ambulance Stretchers Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Ambulance Stretchers Market Highlight
Figure 12 Global Ambulance Stretchers Market Size, by Product Type, 2015–2027 (USD Million)
Figure 13 Global Ambulance Stretchers Market Size, by Technology, 2015–2027 (USD Million)
Figure 14 Global Ambulance Stretchers Market Size, by End User, 2015–2027 (USD Million)
Figure 15 Global Ambulance Stretchers Market Size, by Region, 2015–2027 (USD Million)
Figure 16 North America Ambulance Stretchers Market Highlight
Figure 17 North America Ambulance Stretchers Market Size, by Product Type, 2015–2027 (USD Million)
Figure 18 North America Ambulance Stretchers Market Size, by Technology, 2015–2027 (USD Million)
Figure 19 North America Ambulance Stretchers Market Size, by End User, 2015–2027 (USD Million)
Figure 20 North America Ambulance Stretchers Market Size, by Country, 2015–2027 (USD Million)
Figure 21 Europe Ambulance Stretchers Market Highlight
Figure 22 Europe Ambulance Stretchers Market Size, by Product Type, 2015–2027 (USD Million)
Figure 23 Europe Ambulance Stretchers Market Size, by Technology, 2015–2027 (USD Million)
Figure 24 Europe Ambulance Stretchers Market Size, by End User, 2015–2027 (USD Million)
Figure 25 Europe Ambulance Stretchers Market Size, by Country, 2015–2027 (USD Million)
Figure 26 Asia-Pacific Ambulance Stretchers Market Highlight
Figure 27 Asia-Pacific Ambulance Stretchers Market Size, by Product Type, 2015–2027 (USD Million)
Figure 28 Asia-Pacific Ambulance Stretchers Market Size, by Technology, 2015–2027 (USD Million)
Figure 29 Asia-Pacific Ambulance Stretchers Market Size, by End User, 2015–2027 (USD Million)
Figure 30 Asia-Pacific Ambulance Stretchers Market Size, by Country, 2015–2027 (USD Million)
Figure 31 RoW Ambulance Stretchers Market Highlight
Figure 32 RoW Ambulance Stretchers Market Size, by Product Type, 2015–2027 (USD Million)
Figure 33 RoW Ambulance Stretchers Market Size, by Technology, 2015–2027 (USD Million)
Figure 34 RoW Ambulance Stretchers Market Size, by End User, 2015–2027 (USD Million)
Figure 35 RoW Ambulance Stretchers Market Size, by Country, 2015–2027 (USD Million)