Pune, India -- (SBWIRE) -- 08/11/2017 -- Market Highlights:
The global ambulatory services market is a continuously growing market and will grow at similar rate in coming future. The global ambulatory services market is expected to reach USD 3365.2 billion by 2022 from USD 2345.7 billion in 2016 with a CAGR of 5.1% for the forecasted period. Ambulatory services provide convenient and cost-effective services to the patient. It is also called as outpatient care which provides the various medical facilities like diagnosis, counseling, observation and also treatment. Ambulatory services market is driven by various factors like continuously ameliorating aging population, easy in-access, cost-effective and by various government initiatives and funding. Increase in life expectancy is a crucial reason to provide the services for disable and frailties ultimately led to increasing growth in this market.
It is the cost-effective and convenient facility for the patient. Ambulatory care is known as outpatient care providing the facilities like diagnosis, observation, treatment, consultation and reduces the chance of hospitalization. This market is driven by easy in-access, flexible timing, government initiatives to integrate acute and primary healthcare, value for money and continuously aging population. Increase in life expectancy have force the healthcare to provide the services for disable and frailties. Immerging of this services also reduce the waiting time in hospital.
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Global Ambulatory services Competitive Analysis:
- AmSurg Corp
- Surgical Care Affiliates
- Surgery Partners
- HCA Holdings, Inc
- Healthway Medical Group
- SurgCenter
- Trillium Health Partners and others
Key Findings
- North America accounted for the largest market share with 41.2% of the global Ambulatory Services market in the year 2016.
- Primary care offices market holds the largest market share by service type.
- Ambulatory surgeries are the fastest growing segment at CAGR of 5.5% from 2017 to 2022.
- Asia-Pacific pacific projected to be the fastest growing region with a growth rate of 5.5% for the forecasted period.
Test the market data and market information presented in more than 36 market data tables and 27 figures spread over 67 pages of the project report. Go through the in-depth table of content (TOC) & market synopsis on "Global Ambulatory Services Market Research Report -Forecast till 2022."
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Regional analysis
at the CAGR of 4.8%. The largest market share of ambulatory services is attributed due to various factors including specialized technique available for the patients, presence of large number of ambulatory centers, solid support from the government and various organizations, high patient fulfillment with high quality and low cost services. Moreover with the presence of well-established players like AMSURG, Surgical Care Affiliates, Surgery Partners, HCA Holdings, Inc. in United Sates is boosting the market. These players are expanding their network with other healthcare providers and physicians to enhance their presence and further enhancing the market.
Europe is the second largest market for ambulatory services which is expected to grow at a CAGR of 5.3%.
Globally Asia-Pacific market is expected to be the fastest growing market. This high growth is mainly attributed due to increasing funding and growing infrastructure by the developing countries like China and India for the development of healthcare sector.
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Segmentation
Global Ambulatory Services market has been segmented on the basis of service type which comprises of primary care offices, medical speciality, ambulatory surgery, outpatient departments (OPDs) and emergency departments.
Primary care office segment holds the largest market share for global ambulatory services by service type for the forecasted period from 2016 lasting till 2022. In the primary care setting, general practitioners and paramedics have a tendency to embrace regulation functions, specifically by going about as gatekeepers and holding medical records. European countries the providers of primary care represent about 20 and 30% total healthcare expenditure. Moreover according to the National Ambulatory Medical Care Survey in 2013 it has been found that about 53.2% of patients that visit physician office visit primary care physician.
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