Fact.MR published a report on the ambulance cots market that includes the global industry analysis 2014 – 2018 and forecast 2019 – 2029.
The ambulance cots market report projects that the ambulance cots market is expected to reach ~ US$ 223 Mn by the end of 2019 in terms of value, and is estimated to reach ~ US$ 273 Mn by the end of 2029.Launch of New Ambulance Services and New Opportunities in Developing CountriesThere are several air ambulance services and other innovative types of ambulances that are developed in the emergency medical service industry that utilize pneumatic ambulance cots or electric ambulance cots.
Thus, there is a requirement for more ambulances in the APAC region, which is an opportunity for the ambulance cots market in the region.Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=4166Rising 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.
This results in an increased demand for ambulance services in these regions that influence the growth of the ambulance cots market.
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 InfluencerAccording to the World Bank data, 1.3 million people are killed in road accidents every year.