MarketResearchFuture.com added a cooked research report on Global Ambulatory Services Market which is expected to reach USD 3365.2 billion from USD 2345.7 billion from 2018 to 2022.
Market Scenario:
Ambulatory care is known as outpatient care providing the facilities like diagnosis, observation, treatment, consultation and reduce the chance of hospitalization.
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The global ambulatory services market is expected to reach USD 3365.2 billion by 2022 with a CAGR of 5.1 % for the forecasted period. The global ambulatory services market is driven by numerous factors like continuously growing aging population, easy in-access, flexible timing, cost-effective and government initiatives and the availability of funding for ambulatory healthcare facilities. For instance, in February 2016, reforms introduced by the National Health Service (NHS), which involved the provision of increased funding to the general physicians to ease the pressure on accident and emergency departments, fuelled the prospects of Primary Healthcare Properties (PHP).
Ambulatory services centers are owned by the physician with the fostering of innovative strategies and surgical improvements. Ambulatory services centers perform a broad range of outpatient services like cataract surgery, Upper GI endoscopy, colonoscopy and biopsy, Diagnostic colonoscopy, cataract laser surgery, Lesion removal colonoscopy, Injection spine among others. Moreover, increase in technology provides the same day surgical care with positive results.
Top Players:
AmSurg Corp. (U.S.), Envision Healthcare (U.S.), Surgical Care Affiliates (U.S.), Surgery Partners (U.S.), HCA Holdings, etc.
Global Ambulatory Services Market – Competitive Landscape
In May 2017, Surgery Partners, Inc., announced the acquisition of National Surgical Healthcare from Irving Place Capital for approximately $760 million. With this acquisition, one combined company was formed that is aimed to operate in 32 states with a network of over 5,000 physicians.
In January 2017, Envision Healthcare and AMSURG Corp. acquired the Emergency Professional Services (EPS). EPS group has 20 advanced healthcare practitioners and more than 50 emergency medicine physicians. Further, with the merger of AMSURG, Envision Healthcare Corporation’s Physician Services business includes two anesthesia groups, one emergency medical group, one radiology, and one neonatal group.
In May, 2017, HCA Holdings, Inc. announced the acquisition of two Texas hospitals from subsidiaries of Community Health Systems; Tomball Regional Medical Center (Houston) and South Texas Regional Medical Center (Texas) both of these hospitals have strong presence in the local area and will enhance the presence of HCA in the region.
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In May 2017, HCA Holdings, Inc. announced the acquisition of three Houston hospitals from Tenet (THC); Houston Northwest Medical Center, Cypress Fairbanks Medical Center Hospital, and Park Plaza Hospital. With this acquisition, HCA expanded its network in Greater Houston market.
Regional Analysis:
North America is expected to dominate the global ambulatory services market due to the increasing healthcare spending in the region. Moreover, with the presence of prominent market players like AMSURG, Surgical Care Affiliates, Surgery Partners, HCA Holdings, Inc. in the United States is boosting the market. Furthermore, factors such as specialized techniques available for patients, the presence of a large number of ambulatory centers, and strong support from the government contributes to the market growth in this region
Europe accounts for the second largest market majorly due to the increasing aging population and growing prevalence of individual with chronic conditions visiting the primary care in the region. Moreover, the funding’s from the government and various non-profit organizations are boosting the growth of the market within this region.
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