First Aid Kit Market Size
As per a new industry analysis by Persistence Market Research, the global First Aid Kit Market was valued at US$ 186.3 million in 2021 and is projected to exhibit a CAGR of to 5.1% over the forecast period (2023 to 2032). The market for first aid kits is expected to reach US$ 319.9 million by the end of 2032.To get more news about
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A first aid kit is a collection of medical supplies and equipment used in an emergency. First aid packs are intended to treat a wide range of injuries, including minor cuts and burns. Patients can benefit from first aid kits well before they receive complete and proper medical attention.
The industry is being driven by rising interest in customized first aid kits that include complementary new medical products and technologies. Further, the market for first aid kits is expanding due to the huge increase in the employment rate of healthcare personnel worldwide. The market is also anticipated to grow as burn incidents in kitchens rise.
Key Takeaways from Market Study
Sports first aid kits accounted for 32.2% market share in 2021 as incidence of muscle cramps and minor accidents during intense exercise, sports, and fitness activities has increased.
The household segment is set to lead in terms of application and expand at a CAGR of around 5.3%, mainly owing to the increasing fall cases in houses.
Home and offices is the leading end-user segment holding 28.2% market value in 2021.
North America accounts for 38.3% share of the global market due to an advanced medical emergency care system.
“Rising number of road accidents, increasing incidence of falls at homes and offices, and greater awareness of first aid usage around the world are driving the sales of first aid kits,” according to a researcher of Persistence Market Research.
Persistence Market Research offers a unique perspective and actionable insights on the first aid kit market in its latest study, presenting a historical demand assessment of 2012 to 2021 and projections for 2023 to 2032.
