Market Overview:
The most important market driving factor for the global ambulatory services market growth is government initiatives to integrate acute and primary healthcare. The acceptance of ambulatory services is being seen as a positive change in the healthcare sector due to its capability to provide improved diagnosis, prognosis, and patient/individual treatment processes. The value for money and continuously aging population also boost market growth. Other factors speeding up the market growth include changing dynamics of the legal as well as regulatory framework, cost-effective nature, convenient facility for the patient, and intense competitive rivalry among an excess of public companies.
Ambulatory services are defined as medical care procedures or tests carried out in a healthcare facility without an overnight stay for the patient. A new report on the global Ambulatory Services Market published by Market Research Future (MRFR), analyzes that this market could clutch to growth at 5.1% Compound Annual Growth Rate (CAGR) between 2019 and 2025. In terms of money value, the market can be worth USD 3906.8 Mn by the end of the forecast period.
Key Players
• AmSurg Corp
• HCA Holdings Inc
• Healthway Medical Group
• Surgical Care Affiliates
• SurgCenter
• Surgery Partners
• Trillium Health Partners
Market Segmentation
• The global ambulatory services market has been segmented on the basis of type. MRFR’s take on the market surveys various facets of the market in-depth.
• By type, the market has been segmented into ambulatory surgery, emergency departments, medical specialty, outpatient departments (OPDs), and primary care offices.
Regional Segmentation
A geographical outlining of the global ambulatory services market covers the Americas (North America & Latin America), Asia Pacific, Europe, and the Middle East & Africa (MEA).
During the forecast period, the Americas region is estimated to dominate global market holding 32% of the market share due to the well-developed technology, high disposable income of patients, rising healthcare expenditure, and the presence of the leading players in the market. Due to technological advancements and availability of advanced medical facilities, North America is a bigger regional market segment, compared to South America. North America alone holds the ability to be a strong regional market due to advanced medical sector and high research & development (R&D) in the medical sector in the United States of America (USA). After USA, Canada contributes maximum revenue to the North American market. In South America, the strongest economies are Argentina and Brazil that can be important markets in the future.
Europe is the second-largest regional market due to rising investment in R&D, increasing healthcare funds, and well-developed healthcare infrastructure. Due to the reasons that are same as in the Americas, Western Europe is a bigger regional market than Eastern Europe. The most powerful country-specific markets in Europe are France, Germany, Italy, Spain, and the UK. An inspection of the remaining countries in Western Europe featured in this report speculate the huge contribution to market revenue from some other countries in this region with a sizable revenue from Eastern Europe too.
During the forecast period, the Asia Pacific region can be the fastest growing regional market due to the increasing healthcare expenditure, rising economic growth, improving healthcare facilities, rising aging population, and rapidly changing healthcare sector. The vibrant country-specific markets in this region are Australia, China, India, Japan, and South Korea. An analysis of the remaining countries in the Asia Pacific region featured in this report estimates the huge contribution to market revenue from some other countries.