An emergency medical service is a system that offers the medical care that is needed at the time of the emergency. It is a proactive service provided to people experiencing any form of disease. An increase in the number of product launches with innovation and technologically advanced to meet the needs of the market is expected to foster the market’s growth. The key market players are increasingly interested in employing the new technologies to attract the end-users attention. The usage of medical devices in emergency medical service is rapidly growing and offers a tremendous opportunity in this sector. Consequentially, the growing in demand for the medical devices such as oximeter, blood pressure monitors, and hand held instruments have increased the market growth.
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Additionally, increase in healthcare expenditure by government and increase in geriatric population have propelled the demand for emergency medical services. These increase in the demand for medical devices in many emergency care has encouraged the key market players to implement newer technologies and strategies to improve products and devices in the respective categories through product launches, acquisition, strategies and agreements.
Data Bridge Market Research analyzes that the Canada emergency medical services market is expected to reach the value of USD 853.42 million by 2029, at a CAGR of 6.3% during the forecast period. Services accounts for the largest type segment in the market due to rapid demand of ambulance emergency medical services in Canada. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
The senior population group aged 65 and over can have an increased necessity of emergency medical services needs in Canada and other regions. Thus, the growing pace of the senior population demonstrates the escalation in demand for emergency medical services and solutions. Owing to this, it is estimated that the ever-increasing geriatric population is expected to drive the global bladder disorder market in the forecast period.
Canada is growing in the demand of emergency medical services after the global pandemic situation and the key market players in the largest consumer market with high GDP. As well as the growing geriatric population and increasing roads accidents requires instant medical services that rise the instant demand of emergency medical services market in Canada.
Some of the key players operating in the Canada emergency medical services market are Stryker, Medtronic, Asahi Kasei Corporation, Koninklijke Philips N.V., General Electric Company, Demers Ambulances, Allied Medical Limited, Medline Industries, and Nonin among others.
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