Ambulatory Health Care Services Global Market Report 2024 | Size, Share, Growth, Trends, Analysis, Forecast, Outlook, Mergers and Acquisitions, Top Major Key Players | 2033 Forecast

The ambulatory health care services market size has grown strongly in recent years. It will grow from $3.34 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to changing demographics, healthcare policy changes, consumer preferences, cost containment, collaborative care models.

The ambulatory health care services market size is expected to see strong growth in the next few years. It will grow to $4.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to shift to value-based care, rise of artificial intelligence (ai) in healthcare, telehealth expansion, patient empowerment, population health management. Major trends in the forecast period include patient-centric care, data analytics and health information technology, value-based care, outpatient procedure growth, remote monitoring and wearable devices, patient-centric care delivery.

Market Overview -
Ambulatory healthcare services refer to an outpatient medical procedure carried outside the hospital or other facility by healthcare professionals. They are used for providing prevention services and basic medical procedures.

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Rising Disease Prevalence Fuels Growth In Ambulatory Healthcare Service Market
The increasing prevalence of communicable and non-communicable diseases across the globe is expected to propel the growth of the ambulatory healthcare service market going forward. Communicable diseases are spread from one person to another and are caused by unhealthy behaviors and lifestyles. Patients suffering from various communicable and non-communicable diseases would require emergency care for immediate treatment, thus increasing the demand for the ambulatory healthcare service market. For instance, in September 2022, according to the World Health Organization (WHO), a Switzerland-based organization, non-communicable diseases (NCDs) kill 41 million people each year, equivalent to 74% of all deaths globally. Further, in July 2022, according to the Centers for Disease Control and Prevention, a US-based government agency, communicable diseases such as Hepatitis B affected approximately 296 million people, including over 6 million, causing 820,000 deaths every year. Therefore, the increasing prevalence of communicable and non-communicable diseases drives the ambulatory healthcare service market.

Competitive Landscape -
Major companies operating in the ambulatory health care services market report are Surgery Partners Inc., HCA Healthcare, Terveystalo Healthcare Oy, Aspen Healthcare Limited, AmSurg Corp., Symbion Inc., Tenet Healthcare Corporation, IntegraMed America Inc., LHC Group Inc., Universal Health Services Inc., SCA Health, SurgCenter, Healthway Medical Group, Envision Healthcare, DaVita HealthCare, Community Health Systems Inc., Ascension Health, Encompass Health Corporation, Amedisys Inc., Select Medical Holdings Corporation, United Surgical Partners International, Acadia Healthcare Company Inc., LifePoint Health Inc., Kindred Healthcare, IASIS Healthcare Corporation, Quorum Health Corporation, Covenant Surgical Partners Inc., Surgical Care Affiliates, Mednax Inc., TeamHealth Holdings Inc. .

Tech Advancements Drive Ambulatory Healthcare Service Market
Technological advancements are a key trend gaining popularity in ambulatory healthcare services. Major companies operating in ambulatory healthcare services are introducing advanced ambulatory solutions to sustain their position in the market. For instance, in June 2021, Careport, a US-based health management company, unveiled CarePort ambulatory, a care coordination solution for ambulatory providers. This advanced solution helps to avoid gaps in care between ambulatory providers, patients, and home- and community-based organizations and enables them to improve collaboration with home- and community-based organizations through an electronic referral process and track patients across these settings.

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Key Segments -
The ambulatory health care services market covered in this report is segmented -
1) By Type: Primary Care Offices, Emergency Departments, Surgical Specialty, Diagnosis, Observation, Consultation, Treatment, Intervention, Rehabilitation Services, Medical Specialty
2) By Application: Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management, Spinal Injections, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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