Industry Trends

Europe Emergency Medical Supplies Market Share was valued at USD 7.4 Billion in 2019 and is expected to witness -20.0% CAGR from 2020 to 2026.

Get more details on this report - Request Free Sample PDF

European countries including Italy, Spain and France are major COVID-19 affected regions, thereby creating high demand for emergency medical supplies manufacturing companies. Approximately 236,989 COVID-19 cases were reported in Italy and 291,008 in Spain in the first half of 2020, resulting into large number of emergency hospital admissions. Therefore, rising incidence of such infectious diseases will influence adoption of emergency medical equipment in Europe.

The European Commission introduced strategic rescEU stockpile of medical equipment that includes  intensive care medical equipment, ventilators and PPE such as masks and gloves along with several other medical supplies as shortages were reported in these countries. The European Member Countries decided to finance 90% cost required for medical supplies during COVID-19 pandemic. Such government initiatives will impel the emergency medical supplies market growth during forecast period.

Europe Market Forecast, By Type

Based on product, the segments analyzed in this report include infection control products, diagnostics and monitoring equipment, therapeutic respiratory devices, cardiac equipment, wound care supplies, patient handling equipment and others. Diagnostics and monitoring equipment product segment held around USD 1.2 billion revenue in 2019. With increasing geriatric population, the burden of chronic conditions is also rising, thereby accelerating the demand for diagnostic procedures. Furthermore, adoption of blood glucose and blood pressure monitors will augment the segmental growth in the forthcoming period.

Europe Market Trends, By Application

Get more details on this report - Request Free Sample PDF

Based on application, the emergency medical supplies market is bifurcated into cardiac care, respiratory care, trauma and others. Trauma care segment accounted for 20.0% market share in 2019 and will witness significant growth during projection period. Unintentional injuries and violence lead to death and disabilities and account for significant number of mortalities in the region. Thus, the segment will foresee lucrative growth owing to the accelerating demand for emergency medical supplies for the treatment of trauma and realted injuries.  

Europe Market Growth, By Distribution Channel

Based on distribution channel, the segments analyzed in this report include retail stores, e-commerce and others. E-commerce distribution channel segment valued over USD 2.2 billion in 2019. Several developed countries in the region prefer purchase through online supplier/manufacturer websites. Favorable returns and reimbursement policies with variety of products will offer immense growth potential to e-commerce platforms in the upcoming period.

Europe Market Size, By End-use

Based on end-use, the segments analyzed in this report include hospitals, trauma centers, ambulatory surgical centers, specialty clinics and others. Hospitals end-use segment constituted about 33.0% revenue share in 2019. Hopsitals have better infrastructure and equipment across wide range of specialties. Thus, patients prefer procedures in these settings. However, expanding trauma centres across emerging economies will attract patient population for emergency medical attention, thereby impelling the segment growth.

Europe Market Share, By Country

Italy emergency medical supplies market is projected to proceed at -19.5% CAGR from 2020 to 2026. Well-equipped healthcare facilities will influence the supply of emergency equipment. Several companies are focusing on increasing R&D expenditures to develop advanced medical devices that will positively impact the demand for emergency care equipment in the country during analysis timeframe. Moreover, COVID-19 pandemic will further highly impact market growth in near future.

Competitive Market Share

Some of the key market players involved in Europe Emergency Medical Supplies Market include Medtronic Plc., Koninklijke Phillips N.V., Cardinal Health, B. Braun Melsungen AG and Smith & Nephew among other market players. These major market players are adopting various business strategies such as new product development, mergers and acquistions to set their footprint in the industry.

Industry Background

Demand for urgent care grows each year and has doubled since 1960’s from 138 per 1,000 people to 267 per 1,000 in 2013. Also, calls associated with emergency ambulance services increased by 160% from 1994 and 2014 in England. Moreover, improvements in access and delivery of emergency care through policy recommendations for services changes and service level-innovations offered potential to emergency care medical supplies market over the past twenty years. With addition of advanced and improved services, demand for urgent care has also increased over period. Furthermore, pandemics including the recent COVID-19 will provide robust expansion opportunities to the market.