Ambulatory care is health care given on an outpatient basis, which includes diagnosis, consultation, observation, treatment, and therapy. This care may include many advanced procedures and specialized medical technologies when offered outside of major hospitals. These settings include medical offices and clinics, ambulatory surgery centers, hospital outpatient departments, and dialysis centers. Some people may opt to leave their medical jobs to focus on providing quality ambulatory care to patients.
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Major players in the market are focused on adopting partnership strategies to expand their ambulatory surgery network. For instance, in 2015, Tenet Healthcare Corporation partnered with Welsh, Carson, Anderson & Stowe under which Tenet and United Surgical Partners International will combine their short-stay surgery and imaging center assets into a new joint venture.
Global Ambulatory Services Market: Drivers
Increasing adoption of ambulatory surgery centers is expected to propel growth of the global ambulatory services market over the forecast period. For instance, in 2016, around 35 million ambulatory surgical visits were recorded and 20 million surgical procedures were performed in hospital outpatient departments (HOPDs), with 15 million surgeries performed in ambulatory surgery centers, according to the Centers for Medicare and Medicaid Services.
Moreover, high prevalence of chronic diseases is also expected to aid in growth of the market. For instance, according to the study, ‘Cancer statistics for adults aged 85 years and older, 2019’, published in ACS CA: A Cancer Journal for Clinicians, in August 2019, in 2019, the projected number of cancer cases and deaths was 140,690 and 103,250 respectively, among adults aged 85 years and older in the U.S.
North America is expected to witness significant growth in the global ambulatory services market, owing to increasing adoption of ASCs. For instance, according to the Centers for Medicare and Medicaid Services, Medicare payments to ASCs have increased from US$ 2.9 billion in 2007 to US$ 3.6 billion in 2012, recording a 24% increase. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, According to the U.S. Census Bureau, geriatric population in the U.S. is expected to reach 77 million by 2035.
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Increasing number of outpatient surgery visits is expected to propel growth of the global ambulatory services market. For instance, the number of outpatient surgery visits in the U.S. increased from 20.8 million in 2006 to 34.7 million visits in 2016, according to the National Center for Health Statistics Estimates in 2017.
Global Ambulatory Services Market: Restraints
Delayed diagnosis, ineffective communication, and incidence of adverse drug events are dome factors limiting growth of the global ambulatory services market.
Global Ambulatory Services Market: Competitive Landscape
Major players operating the global ambulatory services market include, AmSurg Corp., DaVita HealthCare. IntergraMed America Inc., and Symbion, Terveystalo Healthcare.
Major players in the market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in 2015, Sheridan, the Physician Services division of AmSurg Corp., acquired Premier Emergency Medical Specialists.
Global Ambulatory Services Market: Segmentation
- Single Specialty Center
- Primary Care Offices
- Outpatient Departments
- Emergency Departments
- Multi-Specialty Center
- Freestanding Ambulatory Surgical Centers
- Hospital-Based Ambulatory Surgical Centers
- Diagnostic Services
- Surgical Services
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Ambulatory Services Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Ambulatory Services Industry Impact
Chapter 2 Global Ambulatory Services Competition by Types, Applications, and Top Regions and Countries
2.1 Global Ambulatory Services (Volume and Value) by Type
2.3 Global Ambulatory Services (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Ambulatory Services Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Ambulatory Services Market Analysis
Chapter 6 East Asia Ambulatory Services Market Analysis
Chapter 7 Europe Ambulatory Services Market Analysis
Chapter 8 South Asia Ambulatory Services Market Analysis
Chapter 9 Southeast Asia Ambulatory Services Market Analysis
Chapter 10 Middle East Ambulatory Services Market Analysis
Chapter 11 Africa Ambulatory Services Market Analysis
Chapter 12 Oceania Ambulatory Services Market Analysis
Chapter 13 South America Ambulatory Services Market Analysis
Chapter 14 Company Profiles and Key Figures in Ambulatory Services Business
Chapter 15 Global Ambulatory Services Market Forecast (2021-2027)
Chapter 16 Conclusions
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