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DUBLIN , Aug. 12, 2022 /PRNewswire/ -- The "North America Ambulance Services Market Size, Share & Trends Analysis Report by Transport Vehicle (Ground Ambulance), by Emergency Services, by Equipment, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The North America ambulance services market size is expected to reach USD 40.64 billion by 2030. The market is expected to expand at a CAGR of 10.08% from 2022 to 2030. Rising incidence of chronic ailments such as cardiovascular disorders, diabetes, and cancer is a key factor expected to drive ambulance services market growth.
For instance, according to the American Heart Association, in January 2019 , stroke is the leading cause of death in the U.S. approximately 2.7 million people in the country living with atrial fibrillation, and approximately 800,000 people experience a stroke each year due to a blockage in the blood vessel that supplies blood to the brain. Moreover, CDC states that 34.2 million people of all ages, or 10.5% of the US population had diabetes in 2018.
Furthermore, growth in the geriatric population and a surge in traumatic accidents are further driving the market growth. Additionally, there has been a constant increase in the number of traumatic accidents in this region. For instance, according to the National Highway Traffic Safety Administration estimates, in 2021, about 42,915 people died in motor vehicle traffic crashes, a 10.5% surge from the 38,824 fatalities in 2020. The industry is expanding due to favorable reimbursement regulations in developed countries.
In the U.S., Medicare covers both emergency and non-emergency ambulance services for medically necessary emergencies, provided the supplier satisfies certain criteria. In some circumstances, Medicare also covers unplanned and irregular non-emergency visits. Medicare pays approximately 80.0 percent of the cost of emergency services, with the remaining 20% paid by the patient's insurance coverage.
North America Ambulance Services Market Report Highlights
Chapter 3 North America Ambulance Services Market Variables, Trends & Scope
Chapter 4 North America Ambulance Services Market: Segment Analysis, By Transport Vehicle, 2018-2030 (USD Million)
Chapter 5 North America Ambulance Services Market: Segment Analysis, By Emergency Service, 2018-2030 (USD Million)
Chapter 6 North America Ambulance Services Market: Segment Analysis, By Equipment, 2018-2030 (USD Million)
Chapter 7 North America Ambulance Services Market: Regional Market Analysis, By Transport Vehicle, By Emergency Services, By Equipment, 2018-2030 (USD Million)
Chapter 8 North America Ambulance Services Market-Competitive Analysis
For more information about this report visit https://www.researchandmarkets.com/r/oh1xth
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