Ambulatory surgery is defined as surgical and diagnostic intervention that does not require overnight hospital stay. The ambulatory surgery has been increasingly adopted by patient population in Europe owing to its safe, high quality, cost-effective and time saving approach to perform surgical interventions.
Albany, NY -- (SBWIRE) -- 04/06/2016 -- Ambulatory surgery has been highly preferred by Europe's patient population, due to its high quality, time saving, and cost-effective approach for surgical interventions. This report analyzes the ambulatory surgical and emergency center services market in Europe and presents growth forecasts. This forecast is on the basis of both revenue and volume during the forecasting horizon between 2014 and 2018. Various aspects of the market, such as drivers, restraints, opportunities, and trends, and their respective impact on the market have been studied via this report.
To provide a comprehensive understanding of the ambulatory surgical and emergency center services market in Europe, analysts have provided an in-depth analysis of the value chain of the market. The competitive profiling of the prominent players in the European market, along with presenting their respective market share, is in the purview of this report. Furthermore, the top business strategies utilized by the leading players have also been discussed in this report. Additionally, to provide the readers with valuable insights on the market's dynamics, market attractiveness analysis has been covered in this study.
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Overview of the Ambulatory Surgical and Emergency Center Services Market
Ambulatory surgery can be defined as the diagnostic and surgical intervention in which overnight hospital stay is not required. Innovations in technologies that enable healthcare professionals to execute a large number of minimally invasive surgical procedures in a single day have propelled this market in Europe.
In terms of types of procedure, the ambulatory surgical and emergency center services market is segmented into gastrointestinal, ophthalmology, orthopedics, dermatology, ear, nose, and throat (ENT), urology, obstetrics, vascular, general surgery, pulmonary, and pain management. The segment of ophthalmology surgeries is predicted to expand at the highest growth rate in the forecast horizon between 2014 and 2020. Increasing number of ophthalmology procedures and rising patients with diabetic retinopathy, cataract, and other eye conditions are fuelling the growth of this segment in Europe. This segment is said to constitute the highest count of ambulatory procedures and is predicted to lead the market in the forthcoming future.
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On the other hand, in 2013, orthopedic surgeries were the second most common type of ambulatory procedure and the reason for the growth of this segment is due to the steady rise in the aging population and the expanding trend of surgeries that are minimally invasive, which facilitates a huge number of orthopedic surgeries to take place on an ambulatory basis in a relatively short time.
On the basis of geography, the European market is segmented into seven key regions, namely the U.K., France, Germany, Spain, Belgium, Italy, and Rest of Europe (RoE). In 2013, the U.K. led the ambulatory surgical and emergency center services market in Europe, due to the increasing initiatives by medical and government professional bodies for the promotion of ambulatory services in the nation. RoE represented majority of the ambulatory surgeries that took place in 2013.
Europe's increasing geriatric population is predicted to increase the demand for ambulatory surgical and emergency center services. Nonetheless, factors such as supportive reimbursement policies in inpatient surgeries in comparison to outpatient surgeries and absence of sophisticated medical facilities may restrain the growth of ambulatory surgical and emergency center services market in Europe.
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Key players in the Ambulatory Surgical and Emergency Center Services Market
Community Health Systems, Inc., IntegraMed America, Inc., Nueterra Healthcare, Terveystalo Healthcare Oyj, Symbion, Inc., AmSurg Corporation are amongst the key players in the ambulatory surgical and emergency center services market.
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