The emergency medical services (EMS) market is witnessing remarkable innovations and advancements reshaping how healthcare is delivered. Cutting-edge technologies, such as telemedicine and mobile apps, are improving response times and patient care. Integrating AI and IoT devices enhances data collection and transmission, enabling more informed decision-making in real-time emergencies. Additionally, electric and hybrid ambulances reduce emissions, contributing to environmental sustainability. These developments are elevating the quality, efficiency, and accessibility of EMS, ultimately saving lives.
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Data Bridge Market Research analyses that the Canada Emergency Medical Services Market was valued at USD 523.47 million in 2021 and is expected to reach the value of USD 853.42 million by 2029, at a CAGR of 6.3% during the forecast period of 2022-2029. A growing demand for emergency medical services (EMS) is propelled by rising healthcare needs, emergencies, and unexpected medical situations that require swift and professional response to deliver timely and critical medical assistance.
Key Findings of the Study
Aging population is expected to drive the market's growth rate
The increasing elderly population necessitates a greater focus on emergency medical services (EMS). Older individuals often have complex healthcare needs and may experience acute medical conditions that demand prompt attention. EMS is vital in providing urgent care to this demographic, ensuring timely and appropriate interventions. As the elderly demographic expands, the demand for responsive and specialized EMS tailored to their unique medical requirements becomes increasingly critical.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Service (Cardiac Care, Respiratory Care, and Traumatic Injuries), Logistics (Ground Transport and Air Transport), Service Type (Basic Life Support, Advance Life Support, Patient Transfer Services, Rescue and Evacuation Services, Mortuary Services and Other Services), Provider (Hospital-Based Ems, Private Ambulance Service, Government Ems, Fire-Department-Based Ems, and Others), End User (Hospital and Trauma Centers, Ambulatory Surgical Centers, Government Agencies, Mining, Oil and Gas industry and Others)
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Countries Covered
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Canada
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Market Players Covered
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Stryker (U.S.), Medtronic (Ireland), Asahi Kasei Corporation (Japan), Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.), Demers Ambulances (Canada), Allied Medical Limited (New Zealand), Medline Industries (U.S.), Nonin (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The Canada emergency medical services market is segmented into service, logistics, service type, provider, and end user.
- On the basis of services, the Canada emergency medical services market is into cardiac care, respiratory care, traumatic injuries, infection control supplies, and others.
- On the basis of logistics, the Canada emergency medical services market is segmented into ground transport and air transport.
- On the basis of services type, the Canada emergency medical services market is segmented into basic life support, advance life support, mortuary services, patient transfer services, rescue and evacuation services, and other services.
- On the basis of provider, the Canada emergency medical services market is segmented into fire-department-based EMS, government EMS, hospital-based EMS, private ambulance service, and others.
- On the basis of end user, the Canada emergency medical services market is segmented into hospitals and trauma centers, ambulatory surgical centers, government agencies mining, oil and gas industry, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the Canada emergency medical services market players in Canada emergency medical services market are Stryker (U.S.), Medtronic (Ireland), Asahi Kasei Corporation (Japan), Koninklijke Philips N.V. (Netherlands), General Electric Company (U.S.).
Market Developments
- In September 2022, Medtronic achieved a significant milestone as its LINQ II insertable cardiac monitor obtained 510(k) clearance from the U.S. Food and Drug Administration (FDA) for use in pediatric patients with heart rhythm abnormalities necessitating extended monitoring. This regulatory approval signifies a critical advancement in pediatric cardiac care and expanded Medtronic's market share and sales by offering a tailored and innovative solution for pediatric patients requiring continuous heart rhythm monitoring.
- In March 2022, Stryker introduced the industry's inaugural connected ambulance cot, the Power-PRO 2. This powered ambulance cot offers enhanced mobility, safety, and connectivity features that streamline operations. The innovation is poised to optimize time and budget for healthcare organizations, ultimately leading to increased efficiency and, in turn, higher revenue generation through improved patient transport capabilities and advanced technology integration.
- In October 2020, Advatech Healthcare Europe unveiled HIPPO Mobility, a pioneering and cost-effective transportation service in the UK. This innovative service is driven by technology and primarily caters to elderly, disabled, and non-emergency patients. HIPPO Mobility addresses the critical need for efficient, accessible, and tailored transportation for these individuals, enhancing their mobility, independence, and overall quality of life.
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