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The global ambulance services market size is anticipated to reach USD 48.9 billion by 2025, at a CAGR of 9.1% 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.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.
