Market Trends

Ambulance Services Market Overview  Ambulance Services Market size is valued at  $ 27.4Bn by 2019 , and is anticipated to grow at a  CAGR of 12.8%  during the forecast period 2020-2025. The Ambulance Services Market growth rate can be attributed to increasing number of road accidents, growing geriatric population, rise in medical tourism and favorable reimbursement policies. Road accidents are rapidly increasing and such cases require immediate medical attention and ambulance services. According to WHO, approximately 1.35 million people die each year as a result of road traffic crashes. This requires the utmost actions to taken by the governmental bodies in a holistic manner for the involvement of sectors such as emergency health services that address the safety measures after any mishaps. Similarly, with increase in geriatric population, in U.S. Medicare covers ground ambulance transportation when an individual needs to be transported to a hospital, critical access hospital, or skill