Global Ambulatory Services Market Report and Forecast 2024-2032

Global Ambulatory Services Market Outlook

The global ambulatory services market size attained a value of USD 3.61 trillion in 2023 driven by an increasing preference for outpatient care, which is cost-effective and does not need a hospital stay. The market is anticipated to grow at a CAGR of 6.1% during the forecast period of 2024-2032 to attain a value of USD 6.15 trillion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rapid Growth of Primary Care Offices to Augment the Ambulatory Services Industry Growth

Based on type, the primary care offices segment is expected to grow at a rapid pace over the forecast period because of better treatment quality and the use of modern technology like computerised prescription systems and electronic health records (EHRs). The use of electronic health records in rural regions as well as drug procurement has enhanced primary and follow-up treatment. Moreover, the segment is projected to grow because of collaborations between major government and private organisations to give low-cost access to various therapies.

The Asia Pacific to Provide Enhanced Growth Opportunities to the Ambulatory Services Industry

Region-wise, the Asia Pacific is expected to witness a significant growth over the forecast period and hold a significant share of the market by 2026. The expansion of outpatient clinics, which is projected to fuel the region's growth, has been aided by the growing healthcare expenditures. The increasing incidences of chronic illnesses and cases of hospital re-admissions in the region are aiding the industry growth. Moreover, the governments in emerging economies such as China support the use of mobile applications to reduce lengthy queues at outpatient facilities by providing the option for online appointments and payments through the apps.

Ambulatory Services: Market Segmentation

Ambulatory care, also known as outpatient care, refers to medical services that are delivered outside of a hospital setting, such as diagnosis, observation, consultation, treatment, intervention, and rehabilitation. Even when given outside of hospitals, this care might incorporate modern medical technology and procedures.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By type, the market is divided into:

• Primary Care Offices
• Emergency Departments
• Surgical Speciality
• Medical Speciality

Among these, the surgical speciality segment can be further divided into ophthalmology, orthopaedics, gastroenterology, pain management, plastic surgery, and others.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Demand for Outpatient Care to Bolster the Growth of the Ambulatory Services Industry

The market is being driven by an increasing preference for outpatient care, which is cost-effective and does not need a hospital stay. Moreover, government efforts and financing for ambulatory healthcare facilities are driving the market expansion. Furthermore, the market is growing due to the high demand for minimally invasive surgeries and technological advancements. The development of laparoscopy and endoscopy, for example, has decreased the need for lengthier hospital stays.

Over the forecast period, the various business strategies used by the established firms are expected to boost the market growth. Geographic growth, mergers and acquisitions, and product launches are some of the examples of these strategies.

Key Industry Players in the Global Ambulatory Services Market

The report gives a detailed analysis of the following key players in the global ambulatory services market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Envision Healthcare Holdings, Inc.
• Surgery Partners, Inc.
• HCA Management Services, L.P.
• Terveystalo Healthcare Oy
• Aspen Healthcare Limited
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report