Market revenue in 2023 | USD 35.7 million |
Market revenue in 2030 | USD 48.3 million |
Growth rate | 4.4% (CAGR from 2023 to 2030) |
Largest segment | First aid supplies - workplace |
Fastest growing segment | Automated External Defibrillators |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 28.57% in 2023. Horizon Databook has segmented the Norway first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
The first aid market in Norway is projected to grow at a CAGR of xxx4.42% during the forecast period. Its growth can be attributed to rising geriatric population and increasing number of people suffering from several disorders, such as obesity & diabetes. According to Statistics Norway, the number of people aged above 70 years was calculated to be 670,000.
This number is estimated to grow and reach around 1.4 million by 2060. As the geriatric population is more susceptible & prevalent to wounds, the demand for first aid products in Norway is anticipated to increase over the forecast period. According to a report by the Norwegian Cardiac Arrest Registry, there was an increase in the number of OHCA patients from 2015 to 2017, with an estimated increase from 57 to 59 OHCA per 100,000 inhabitants per year.
However, there was also a surge in the survival rate from 7.3 to 7.9 per 100,000 inhabitants, indicating that the implementation of AEDs and increased bystander CPR have had a positive impact on the outcome of OHCA patients.
Horizon Databook provides a detailed overview of country-level data and insights on the Norway first aid market , including forecasts for subscribers. This country databook contains high-level insights into Norway first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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