Two-wheeler EMS Vehicles and Self-driven EMS Vehicles Trending the Global Automotive Market
Vehicles catering to emergency medical services (EMS) are finding widespread adoption across the global healthcare sector. Innovations and technological advancements are redefining the paradigms of EMS vehicles deployment for critical care functions. A new trend governing the global EMS market is the introduction of bike ambulances – basically two-wheeler EMS vehicles that ply on roads with congested traffic. Especially in countries like India, the increased vehicle population on roads warrants the use of two-wheeled EMS vehicles to address emergency medical issues with speed and efficiency.
Another trend in the global market for EMS vehicles pertains to the launch of driverless automobiles. The global automotive industry has witnessed the introduction of autonomous vehicles and this concept has proliferated the EMS vehicles market as well. The increasing demand for EMS vehicles across various regional healthcare markets – in both developed as well as emerging economies – has created the need to deploy autonomous EMS vehicles in the healthcare industry across the globe. By going driverless, EMS vehicles can free up the paramedical staff to focus on administering critical care without loss of time, thereby increasing the chances of survival of victims and patients. The use of drones to transport medical equipment is also seen as a revolution in the global EMS vehicles market, thereby boosting the growth in adoption and subsequently revenue share of EMS vehicles in the global market.
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. Institutions like the World Bank are extending the necessary financial support for emergency medical services across certain regions. This growing leverage on emergency medical services to facilitate critical care is driving revenue growth of the global EMS vehicles market.
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.
Then again, the deployment of advanced technology in the automotive sector potentially impacts the pricing structure of automobiles and vehicles such as EMS vehicles. State-of-the-art medical equipment installed in EMS vehicles boosts up costs and with healthcare institutions focusing on customization of their EMS vehicles, the price per EMS vehicle is likely to remain Northward in the coming years.
Regulatory compliance is yet another price driver. Manufacturers of EMS vehicles are mandated to cater to the norms and standards prescribed by national traffic authorities as well as the international acts governing motor vehicle safety. These stringent regulations force manufacturers to keep the pricing structure of EMS vehicles at a high market level.
Growing Instances of Strokes and Ever-increasing Road Accidents to Drive EMS Vehicles Revenue Growth Across Key Regional Pockets
Over the years, the instances of strokes and cardiovascular emergencies have increased in developed economies such as North America and Japan. This presents potential growth opportunities to manufacturers of EMS vehicles in these regions. The deployment of EMS vehicles and subsequent provision of prompt medical aid has successfully reduced the instances of strokes and other emergency medical issues. This has not only augmented the growth trajectory of the EMS vehicles market in North America, but has also boosted manufacturer initiatives in facilitating innovations in the technology underpinning the production of EMS vehicles.
The growing number of road accidents across the world is another factor driving the increased plying of EMS vehicles on roads. Governments across developing regions such as Asia Pacific are enhancing the local emergency medical services scenario and this has led to an increasing demand for EMS vehicles across several countries in the APAC region. Also, a rapidly expanding geriatric population across the globe is leading to rising incidence of cardiovascular diseases and other age-related disorders. EMS vehicles find increasing adoption to address the medical needs of the elderly population – one of the key demographic indicators of growth in revenue of the global market for EMS vehicles.
Opportunity Analysis of the EMS Vehicles Market Highlights Lucrative Business Propositions for Key Players
The global emergency medical services (EMS) vehicles market is expected to witness the emergence of several trends that will likely shape the demand and supply scenario of EMS vehicles across the globe. A new and interesting study by Fact.MR throws light on some of the trends that are anticipated to shape the future of the global EMS vehicles market, thereby throwing enormous growth opportunities in the way of manufacturers of EMS vehicles.
The EMS vehicles market report is a coherent market intelligence on the key revenue growth drivers, industry opportunities, industry trends, and challenges that will eventually impact the growth trajectory of the global EMS vehicles market. An overview of the global EMS vehicles market – in the light of the current global healthcare and automotive industry scenario – reveals interesting facets pertaining to the adoption of EMS vehicles across key regional markets. An assessment of some of the EMS vehicles market indicators provides detailed insights derived from the global EMS vehicles supply chain analysis, value chain analysis, and the business performance of EMS vehicles across the various regional EMS vehicles markets. A list of the top companies currently engaged in the global EMS vehicles market adds more credibility to this extensive market study.
Exhaustive Research on the Global EMS Vehicles Market Using Proven and Tested Analyses and Assessments
This comprehensive research publication on the global EMS vehicles market is underpinned by certain proven and robust research methodologies and assessment factors. The analysts at Fact.MR have leveraged key EMS vehicles market indicators and studied the intricate aspects of the global EMS vehicles market to provide in-depth insights on the performance of the global market for EMS vehicles during the period of forecast. An investment feasibility matrix provides vital information to manufacturers of EMS vehicles regarding which key regional markets they need to put their money in. Porter’s Five Forces Analysis has been deployed to study the competitive forces impacting the growth in revenue of the global EMS vehicles market; while the PESTLE analysis studies the external factors influencing the global EMS vehicles market.
This report on the EMS vehicles market also provides detailed information on the different forecast factors impacting demand, adoption, and revenue growth of EMS vehicles across the globe. A technology roadmap has been included for the benefit of the readers, to help them understand the technological advances in the automotive sector that are expected to trigger the adoption of EMS vehicles across the healthcare industry. Any market study would be incomplete without a detailed cost structure analysis and this report on the EMS vehicles market analyzes the cost structure of EMS vehicles across the important regional markets.
The analysts have also carried out a detailed forecast of the global EMS vehicles market scenario and have categorized their forecasts on the basis of an optimistic scenario, a likely scenario, and a conservative scenario of EMS vehicles production and sales during the period of study. Price point analysis and assessment by region and by the different types of EMS vehicles along with details of the factors influencing pricing is also highlighted in this report on the global EMS vehicles market for more clarity.
An Extensive Analysis of the Global EMS Vehicles Market with Insights on Y-o-Y Growth
The current and future outlook of the EMS vehicles market comprising the current and projected market value, volume forecast and analysis, price index, and assessment of the regional demand for EMS vehicles has been extensively covered in a dedicated section of this report on the global EMS vehicles market. The valuation of the global as well as regional markets for EMS vehicles is captured in US$ Million and the volume data is captured in terms of the number of EMS vehicles produced and sold in the global market. A year-on-year growth comparison based on the design of EMS vehicles along with a market attractiveness analysis quantifies the insights presented in the report. Besides vehicle design, the aforementioned metrics have also been tracked on the basis of the type of EMS vehicles, service providers of EMS vehicles, and application of EMS vehicles.
Regional EMS Vehicles Markets Studied in Detail to Present a Clear Picture of the Global Market
The report on the global EMS vehicles market includes detailed sections that present the forecast for the various regional markets for EMS vehicles. These sections throw light on the regional macros (political, economic, and business environment outlook) that will definitely impact the growth in sales of EMS vehicles. Market valuation, volume forecast and analysis, price index and price point assessment, impact assessment of EMS vehicles market factors, and a country wise assessment of the demand for EMS vehicles have been tracked for each regional EMS vehicles market. Besides this, the Y-o-Y growth projections by EMS vehicles type, design, service provider, and application for all the regional markets for EMS vehicles are included in this study.
Competitive Assessment of Key Players Provides a 3600 View of the Global EMS Vehicles Market Structure
This Fact.MR report on the global EMS vehicles market features a section on the companies currently operating in the market for EMS vehicles across the world. A dashboard view of competition includes important information on the Tier 1 players engaged in the manufacturing and distribution of EMS vehicles across key regional markets. Market share analysis of these top players presents the readers with useful insights on which company is currently dominating the global EMS vehicles market. Top company profiles are also included in this section with details such as EMS vehicles production facilities along with a detailed SWOT analysis. A market intensity mapping of key participants in the global EMS market provides useful information for EMS vehicles market players to understand the current EMS vehicles market structure as well as the various forces determining competition levels in the global EMS vehicles market.
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