09 August 2017
Effective performance from those involved in a military operation requires all to be in good health. In parallel, casualties always arise in the theatre of operations. Responding to these scenarios is a case of life and death in many instances. Having a range of high quality, reliable and cost effective solutions to battlefield injuries is of key interest to militaries and governments around the globe. Similarly, with trends towards casualty aversion continuing to rise, governments are growing increasingly risk averse.
The visiongain report analyst commented “Combat medical equipment Market Report is of the highest importance to militaries globally. The well-equipped medical component to any armed service serves as a permissive factor for effective military action. However, competition at certain levels within this market, notably the distributor level, is relatively strong. At the more technical level, companies are making themselves stand out from the competition in the most fundamental way possible, and that is by offering products and services their competitors cannot.”
Leading companies featured in the report who are involved in combat medicine & battlefield healthcare include Philips, Zoll, 3M, Cardinal Health, Becton, Dickinson and Company, AutoMedx, CAE Inc., Chinook Medical Gear Inc., Combat Medical Systems, Composite Resources Inc. and others.
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Big spenders on defence devote approximately or more than 2 percent of their GDP to defence, a substantial amount. It is projected that various factors will play a vital role in the purchase of command and control equipment moving ahead of COVID-19 especially for emerging economies as these countries would need to prioritize on defence expenditure.
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The growth of this market can be attributed to growing need for surveillance capabilities across remote areas, persistent surveillance for a longer duration and testing of Aerostat systems in various military applications.
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The growth of this market can be attributed to the increasing need for enhanced protection of military personnel, and advancement in lightweight and stronger materials for combat helmets.
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The market is driven by factors such as growing conflicts among nations. Further, stockpiling of Weapons of Mass Destruction (WMD) by countries and threats from terrorist groups are the factors that are expected to fuel the market.