Ambulance Services Market Worth $48.9 Billion by 2025 | CAGR 9.1%: Grand View Research, Inc.

Ambulance Services Market Worth $48.9 Billion by 2025 | CAGR 9.1%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, January 10, 2018

SAN FRANCISCO, January 10, 2018 /PRNewswire/ --

The global ambulance services market is anticipated to reach USD 48.9 billion by 2025, according to a new report by Grand View Research, Inc. Increasing geriatric population prone to cardiovascular diseases, favorable reimbursement policies, rising medical tourism, and increasing number of road accidents are the key factors that are driving the market growth.

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The ambulance services market growth is anticipated to increase due to favorable reimbursement policies in the developed nations. In the U.S., Medicare covers both emergency and non-emergency ambulance services, if it is considered medically necessary and the supplier fulfills Medicare ambulance requirements.

However, Medicare does not pay for the ambulette services. In Victoria, Australia, patients can avail ambulance services by securing a membership with Ambulance Victoria which also protects the patient from the high cost of ambulance services. In Tasmania, the Ambulance Tasmania provides free ambulance services to Tasmanian residents within Tasmania only. All Queensland (Australia) residents are covered for the cost of emergency services across Australia, by the QLD state government. In the rest of the Australia, subscription to various ambulance services covers the emergency as well as non-emergency ambulance services. Similarly, in the UK, public healthcare system provides free emergency and non-emergency ambulance services. Thus, the favorable reimbursement policies are driving the growth of the market.

Browse full research report with TOC on "Ambulance Services Market Analysis by Transport Vehicle (Ground, Air, Water), by Emergency Services (Emergency & Non-Emergency), by Equipment (Advance & Basic Life Support (ALS & BLS)), and Segment Forecasts, 2014 - 2025" at: https://www.grandviewresearch.com/industry-analysis/ambulance-services-market

Further Key Findings From the Report Suggest: 

Browse related reports by Grand View Research: 

Grand View Research has segmented the global ambulance services market on the basis of transport vehicle, emergency services, equipment, and region: 

Read Our Blog By Grand View Research: https://www.grandviewresearch.com/blogs/healthcare

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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