Rising Investments in Global Emergency Medical Services to Boost Revenue Growth of the EMS Vehicles

Published: Tue Feb 26 2019


Emergency medical services are the lifeline of any economy and the provision of prompt and timely medical care is the foundation of global healthcare services. An integral part of medical care are EMS vehicles that provide emergency medical aid to people in need by transporting patients to hospitals in advanced vehicles fitted with the basic medical equipment. Over the years, EMS vehicles have witnessed a surge of technological advancements that have brought in more sophistication in emergency critical care.

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Rising Investments in Global Emergency Medical Services to Boost Revenue Growth of the EMS Vehicles Market

Across the world, healthcare and medical regulatory bodies are beefing up investments in structured emergency medical services to provide prompt medical aid to patients. With patient convenience and speedy and timely services being the paramount objective behind emergency medical services, healthcare organizations are deploying the necessary services and tools to cater to the needs of patients more efficiently. One of the critical components of emergency medical services are EMS vehicles, which are finding increasing use across hospitals and medical facilities worldwide.

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Pricing Analysis of EMS Vehicles Reveals the Influence of Cost, Customization, and Compliance over Vehicle Pricing

While EMS vehicles are being manufactured in large numbers to cater to the rising demands from the global healthcare industry, the pricing structure of EMS vehicles is driven by several key factors. Cost is paramount here prices of various components and raw materials used in the automotive sector are increasing by the day. Producer price indices for core raw materials such as plastic, aluminum, rolled steel, and resins have skyrocketed in the last 10 years, and this is anticipated to have a cascading effect on the pricing structure of EMS vehicles.

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EMS vehicles are no longer mere ambulances with blaring sirens that rush to the assistance of patients in need. EMS vehicles are used in road accident rescue operations; to facilitate home births; and to transport stroke and heart attack patients to hospitals quickly. EMS vehicles also facilitate advanced critical life support and are used in mobile blood donation units. The use of EMS vehicles as advanced critical life support ambulances is witnessing rising adoption across the global healthcare industry. A recent study on the EMS vehicles market by Fact .MR reveals the steadily rising demand for EMS vehicles in advanced critical life support as evinced by a robust growth rate of 7.2% in terms of value during the period 2018 2028.
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