NEWARK, Del, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The demand for emergency medical services market in EMEA size is likely to attain a valuation of US$ 11.69 Billion by 2034. and is anticipated to exhibit a CAGR of 2.7% over the forecast period.
With the help of AI, which can instantly provide information on the patient's health as well as make suggestions to help in diagnosis, the standard of professional medical care is rising. Technological advancements like robot-assisted surgeries, medical apps, and artificial intelligence in healthcare data management are rapidly being adopted by healthcare facilities in emerging countries.
Accessing a patient's medical history with electronic healthcare records (EHR) is another key tool, making it easier for patients to access medical aid. Additionally, healthcare organizations and facilities are also offering comprehensive medical tourism packages, which take care of all travel-related services ranging from ticket booking to accommodation and medical insurance. Medical tourism is especially emerging as a key trend in developing countries, where the availability of top-notch medical care at comparatively lower prices creates significant industry opportunities.
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The use of mobile health apps and telemedicine in emergency medical service (EMS) is a current trend allowing remote patient assessment and management. Advanced technology and specialized care teams improve the quality of prehospital care. EMS is adapting to national and international crises by addressing emerging problems in public safety and healthcare delivery.
“There has been an increase in the geriatric population and chronic diseases in the EMEA. Moreover, programs in community paramedical care on managing chronic diseases and maximized use of data-driven decision-making may create profitable opportunities for players,” Says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)
Key Takeaways from the Study
- By service, the advanced life support segment is expected to hold over 59.0% of the industry share by the end of 2023. Advanced life support is also expected to display a CAGR of 1.7% over the forecast period.
- By provider, the fire-department-based EMS and hospital-based EMS segments together hold the highest industry share of 44.1% in 2023.
- By fleet, ground transport holds the highest industry share of 82.6% in 2023. Ground transport is projected to have a CAGR of 2.3% over the forecast period.
- Italy is one of the promising countries in Europe for EMS. For the forecast period, the industry is expected to register a CAGR of 2.1% in the country.
- France is another European country that holds potential. EMS demand is anticipated to register a CAGR of 1.6% over the forecast period in the country.
Competitive Landscape
Industry leaders employ key strategies to enhance industry share and competitiveness in the future, primarily through company expansion and brand acquisitions. Companies in the EMS landscape also seek technological advancements in ambulances and medical equipment. Some key companies in the EMS landscape are AirAmbulance1, Premier Healthcare Germany, and Air Ambulance Worldwide.
Top 10 Key Players in the Emergency Medical Services in EMEA
- AirAmbulance1
- Premier Healthcare Germany
- Air Ambulance Worldwide
- MedE Emergency Medical Service (Fakeeh Care Group)
- European Air Ambulance (EAA)
- Livonta Global Pvt
- Airbus
- Falck A/S
- Medi 4 Ambulance Service Ltd
- Doctor Valley
Recent Developments
- In October 2023, Response Plus Medical (RPM), an Abu Dhabi-based emergency medical service provider, introduced a new generation of advanced 5G-connected ambulances.
- In October 2023, the Regional Emergency Medical Services (EMS) Expo was held in the United Arab Emirates.
- In April 2023, the Indian player RED.Health expanded into EMEA by providing air ambulance services for prominent cities in the Middle East.
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EMEA Emergency Medical Service by Category
By Service:
- Basic Life Support
- Advance Life Support
- Patient Transfer Service
By Provider:
- Fire - Department based EMS
- Government EMS
- Hospital-Based EMS
- Private Ambulance Service
- Other EMS Agencies
By Fleet:
- Ground Transport
- Air Transport
By Region:
- Europe
- The Middle East & Africa
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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