Ambulatory Services Industry Overview, Trends and Market Growth Analysis Research Report 2022

Global Ambulatory Services Market – Business Insights

The Global Ambulatory Service Market has undergone significant changes over the last two decades. Improvements have been made in terms of facilities, delivery of the services, reimbursements, and others. The market has been on the rise and is expected to grow at a fast pace in the coming years and reach USD 3365.2 billion by 2022 from USD 2345.7 billion in 2016. Market Research Future (MRFR) has revealed in its latest market research report that the Global Ambulatory Services Market is set to capture a CAGR of 5.1% during the forecast period 2016- 2022.

Various factors drive the ambulatory services market such as high level of professionalism, quality and safety offered by them, easy access to healthcare facilities, convenient scheduling and reliable services. Growing incidences of chronic diseases is also a key factor that is driving the market. Additionally, the rise in geriatric population is also inciting the market.

Ambulatory services are well equipped and technologically advanced and provide minimally invasive surgeries and other services at a much lower cost. Government initiatives and funding to develop primary care facilities is also aiding to the growth of the market. However, factors such as delayed or missed diagnosis and adverse drug events are likely to restrict the growth of the market.

Global Ambulatory Services Market – Competitive Landscape

The market of Ambulatory Services is fragmented and fiercely competitive with the presence of several big & small players forming a competitive edge. These players try to gain competitive advantage through acquisition, strategic partnership, collaboration, expansion, and product & technology launch. To achieve their goals, they invest heavily in the development of facilities.

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Key Players:

Some of the Major players of this market are those that holds the largest market share

• Ambulatory services market:
• AmSurg Corp
• Surgical Care Affiliates
• Surgery Partners
• HCA Holdings, Inc.
• Healthway Medical Group
• SurgCenter
• Trillium Health Partners and others

Global Ambulatory Services Market – Segmentation

Global Ambulatory Services market has been segmented on the basis of service type which comprises of primary care offices, medical speciality, ambulatory surgery, outpatient departments (OPDs) and emergency departments.

Industry/Innovation/Related News:

September 4, 2018 – HCA Healthcare Inc. (US), a large operator of healthcare facilities ‘for-profit’ announced the acquisition of North Cypress Medical Center (Houston Area). The deal including four freestanding emergency centers in Barker Cypress, Spring Cypress, Fairfield, and Texas, signifies the expansion of HCA’ care in northwest Houston. Although the deal has no significance to make a large acquisition in order to expand its ambulatory surgery center business, HCA states that it has been selectively adding to the number of ASCs it operates.

Global Ambulatory Services Market – Key Findings

• 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.

Global Ambulatory Services Market – Regional Analysis

As per Market Research Future analysis, the global ambulatory services market has grown tremendously in Asia-Pacific. Geographically, North America holds the largest share of more than 41.2% of ambulatory services market and is expected to be the leading market during 2016-2022. 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.

After North America region, Europe market is the second largest market in the global ambulatory services market. Whereas Asia Pacific region is expected to be the fastest growing market due to increasing R&D funding by the developing countries like China and India for the development of ambulatory services.

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