Europe Ambulatory Surgical and Emergency Center Services Market to Rise at a CAGR of 13.0% 2014-2020 due to Increasing Geriatric Population
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According to the research report, the Europe ambulatory surgical and emergency center services market was valued at US$18.5 bn in 2013 and is expected to reach US$42.8 bn by the end of 2020, rising at a CAGR of 13.0% between 2014 and 2020. Researchers state that the rising demand for medical assistance for treating cataracts, hernias, and other age-related diseases is the prime factor driving the Europe ambulatory surgical and emergency center services market. This market is gaining momentum as patients are realizing the cost-efficiency of these services.
Surgical interventions or diagnostics that do not require an overnight stay in the hospital are called as ambulatory surgical and emergency center services. A huge number of patients are making use of these services due to their high quality, cost-effectiveness, time-saving approach, and reduced healing time. Furthermore, due to technological advancements, medical practitioners are able to perform surgeries in minimally invasive ways, which is providing an additional boost to the market in Europe.
The Europe ambulatory surgical and emergency center services market is segmented on the basis of procedure and region. The procedures available in this market are pain management, pulmonary surgery, general surgery, vascular surgery, obstetric surgery, urological surgery, ENT surgery, orthopedic surgery, dermatological surgery, gastrointestinal surgery, and ophthalmological surgery. Regionally, this market is divided into Germany, the U.K., France, Spain, Italy, Belgium, and Rest of the Europe.
Out of all the types of surgeries, the orthopedic surgeries segment of the Europe ambulatory surgical and emergency center services market held a dominating position due to the expensive nature of orthopedic surgeries and rising demand for arthroscopic procedures. Despite these statistics, analysts predict that the ophthalmological surgeries segment will grow at the fastest pace through 2020. The rising number of geriatrics, which is leading to a high incidence of cataracts, diabetic retinopathy, and other ophthalmologic conditions, will drive this segment.
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Some of the important players in the Europe ambulatory surgical and emergency center services market are Community Health Systems, Inc., Nueterra Healthcare, IntegraMed America, Inc., Terveystalo Healthcare Oyj, AmSurg Corporation, and Symbion, Inc. The research report profiles these players to evaluate the competitive landscape of the market. Additionally, the research report also puts forth a fair case of the research and development activities, financial overview, investment outlook, business and marketing strategies, strategic mergers and acquisitions, and expansion plans of these companies for the coming few years.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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