According to a new research published by Polaris Market Research the global ambulatory services market is anticipated to reach more than USD 3,812.7 billion by 2025.Ambulatory care denotes the medical service area provided to a patient without the need of hospitalization and other medical services. The ambulatory services include medical expert organizations, home healthcare, and medical laboratories. These services is one of the major hospital revenue provider and to the presentation of the hospital health care system. Ambulatory care provides treatment, consultation, observation, intervention, rehabilitation, and diagnosis to patient with unconventional medical treatments. In addition, telephone conferences, reintegration meetings, and emergency visits with patients is expected to appeal more patients in the direction of the ambulatory services, offering significant economic outcome.
Ambulatory services market growth is majorly driven by factor such as growing requirement of ambulatory surgical visits. According to the Centers for Medicare and Medicaid Services 2016, about 20 million surgical procedures and around 35 million ambulatory surgical visits were performed in hospital outpatient departments (HOPDs), with approximately 15 million surgeries performed in ambulatory surgery centers (ASCs). Moreover, cost-saving surgeries compared to the hospitals, government investment for ambulatory care facilities, and rising government funding offering team-based primary care are another major factor enhancing the global market growth.
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Additionally, the increasing geriatric population with rising occurrence of chronic diseases requiring medical attention, new reimbursement policies by the government offering economic advantage, and adopting advanced technology, are the factors further propelling the growth of the global market. Furthermore, the growing demand for non-invasive and minimally invasive surgeries, inexpensive surgical costs, well equipped ambulatory service centers, and faster patient recovery time is expected to drive the market during the forecast period.
The Ambulatory Services market is segmented by service type which include primary care offerings, emergency departments, outpatient departments, medical specialty, and surgical specialty. In 2017, the primary care offerings accounted for the majority share and dominated the market. This was followed by the surgical specialty segment which gained traction due to the technological advancements of the same-day surgeries for cataract and orthopedic issues.
Ambulatory services Market Size and Forecast by Service Type
Key findings
Primary Care Offerings
Global market estimates and forecasts, 2016 – 2025
Emergency Departments
Global market estimates and forecasts, 2016 – 2025
Outpatient Departments
Global market estimates and forecasts, 2016 – 2025
Medical Specialty
Global market estimates and forecasts, 2016 – 2025
Surgical Specialty
Global market estimates and forecasts, 2016 – 2025
Ambulatory services Market Size and Forecast by Regions
Key findings
North America
Ambulatory services Market by Surgery type, 2017 – 2025
U.S.
Ambulatory services Market by Surgery type, 2017 – 2025
Canada
Ambulatory services Market by Surgery type, 2017 – 2025
Europe
Ambulatory services Market by Surgery type, 2017 – 2025
Germany
Ambulatory services Market by Surgery type, 2017 – 2025
UK
Ambulatory services Market by Surgery type, 2017 – 2025
France
Ambulatory services Market by Surgery type, 2017 – 2025
Italy
Ambulatory services Market by Surgery type, 2017 – 2025
Asia Pacific
Ambulatory services Market by Surgery type, 2017 – 2025
China
Ambulatory services Market by Surgery type, 2017 – 2025
India
Ambulatory services Market by Surgery type, 2017 – 2025
Japan
Ambulatory services Market by Surgery type, 2017 – 2025
Australia
Ambulatory services Market by Surgery type, 2017 – 2025
Latin America
Ambulatory services Market by Surgery type, 2017 – 2025
Brazil
Ambulatory services Market by Surgery type, 2017 – 2025
Mexico
Ambulatory services Market by Surgery type, 2017 – 2025
Middle East & Africa
Ambulatory services Market by Surgery type, 2017 – 2025
UAE
Ambulatory services Market by Surgery type, 2017 – 2025
Saudi Arabia
Ambulatory services Market by Surgery type, 2017 – 2025
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