Ambulatory Services market
Ambulatory Services Market Information, by service type (primary care offices, medical specialty, ambulatory surgery, outpatient departments (OPDs), emergency departments), by region (North America, Europe, Asia Pacific, MEA) Forecast Till 2022
The global ambulatory services market is a continuously growing market and will grow at similar rate in coming future. The global ambulatory services market is expected to reach USD 3365.2 billion by 2022 from USD 2345.7 billion in 2016 with a CAGR of 5.1% for the forecasted period. Ambulatory services provide convenient and cost-effective services to the patient. It is also called as outpatient care which provides the various medical facilities like diagnosis, counselling, observation and also treatment. Ambulatory services market is driven by various factors like continuously ameliorating aging population, easy in-access, cost-effective and by various government initiatives and funding. Increase in life expectancy is a crucial reason to provide the services for disable and frailties ultimately led to increasing growth in this market.
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Key Players for Ambulatory Services Market:
Some of the key players in this market are: AmSurg Corp, Surgical Care Affiliates, Surgery Partners, HCA Holdings, Inc, Healthway Medical Group, SurgCenter, Trillium Health Partners.
Segments: Global Ambulatory Services market has been segmented on the basis of service type which comprises of primary care offices, medical specialty, ambulatory surgery, outpatient departments (OPDs) and emergency departments. On the basis of region, the market is segmented into North America, Europe, Asia Pacific and MEA.
North America accounted for the largest market share with 41.2% of the global Ambulatory Services market in the year 2016.
Primary care offices market holds the largest market share by service type.
Ambulatory surgeries is the fastest growing segment at CAGR of 5.5% from 2017 to 2022.
Asia-Pacific pacific projected to be the fastest growing region with a growth rate of 5.5% for the forecasted period.
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Regional Analysis of Ambulatory Services Market:
North America is the largest market of global ambulatory services market which is expected to grow at the CAGR of 4.8%. The largest market share of ambulatory services is attributed due to various factors including specialized technique available for the patients, presence of large number of ambulatory centers, solid support from the government and various organizations, high patient fulfilment with high quality and low cost services. Moreover with the presence of well-established players like AMSURG, Surgical Care Affiliates, Surgery Partners, HCA Holdings, Inc in United Sates is boosting the market. These players are expanding their network with other healthcare providers and physicians to enhance their presence and further enhancing the market.
Europe is the second largest market for ambulatory services which is expected to grow at a CAGR of 5.3%.
Globally Asia-Pacific market is expected to be the fastest growing market. This high growth is mainly attributed due to increasing funding and growing infrastructure by the developing countries like China and India for the development of healthcare sector.
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