Ambulatory Services Market

The global ambulatory services market reached a value of US$ 3.53 Trillion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.08 Trillion by 2028, exhibiting a CAGR of 6.2% during 2023-2028. Ambulatory care or outpatient care represents medical care that is provided by healthcare professionals on an outpatient basis. This includes diagnosis, consultation, treatment, wellness, and rehabilitation services. Multiple medical investigations and treatments for acute and chronic indications and preventive healthcare can be performed on an ambulatory basis, including minor surgical and medical procedures, various types of dental services, dermatology services, and a number of diagnostic procedures (i.e., blood tests, X-rays, endoscopy, and biopsy procedures of superficial organs). Other types of ambulatory care services may also include emergency visits, rehabilitation visits, and, in certain cases, telephone consultations. The scope of ambulatory care has increased over the past decade, as the volume and complexity of interventions have expanded. Safe, effective, and high-quality ambulatory care requires complex information management and care coordination across multiple settings, particularly for patients with chronic illnesses.

Some of the key drivers of the ambulatory service market include rising prevalence of chronic and acute indications, technological advancements, lower costs, rising health consciousness, etc. As a result of sedentary lifestyles, ageing population, and poor dietary habits, there has been a significant rise in the prevalence of various acute and chronic diseases such as hypertension, diabetes, asthma, obesity, COPD, dental problems, etc. This is creating a positive impact on the market for ambulatory services. Furthermore, although hospitals continue to best serve patients who are extremely sick or require sophisticated surgeries/procedures, many patients who need to undergo an outpatient procedure may benefit from having it performed in an ambulatory surgery center, which have lower costs. These changes in the care setting have been made possible thanks to significant advancements in surgical techniques, medical technology, and pain control. Years ago, these same procedures would have required an overnight hospital stay. Additionally, procedures performed in ambulatory care reduces the probability of the patient contracting an infection from another patient as there is a significantly lower exposure to infection compared to a patient who stays overnight in the hospital. Furthermore, various non-medical settings, including schools, prisons, and mass childhood immunization campaign centers, can be used to deliver ambulatory care simultaneously, thereby expanding the reach of ambulatory services to remote areas.

Regional Insights

The report has also provided a comprehensive analysis of all the major regional markets that include the United States, Canada, Germany, France, the United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, etc. According to the report, the United States was the largest market for ambulatory care services. Some of the factors driving the United States ambulatory care services market included its ageing population, technological advancements, high healthcare expenditure, etc. Asia Pacific represented the region with the fastest growth rate. Within the Asia Pacific region, China and India offer the most significant market opportunities. For each of the countries covered, the report provides historical and current market trends, market drivers, market segmentation, key players, and market forecast.

Service Type Insights

The report has also provided a detailed breakup and analysis of the ambulatory services market based on the service type. This includes diagnosis, observation and consultation, treatment, wellness, and rehabilitation. According to the report, treatment represented the largest segment.

Department Insights

A detailed breakup and analysis of the ambulatory services market based on the department has also been provided in the report. This includes primary care offices, outpatient departments, emergency departments, surgical specialty, and medical specialty. According to the report,  primary care offices accounted for the largest market share.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global ambulatory services market. This includes market structure, market player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant. Detailed profiles of all major companies have also been provided. Some of the companies covered include Envision Healthcare, HCA Healthcare, Healthway Medical Corporation Limited, Medical Facilities Corporation, Surgical Care Affiliates Inc, etc. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report. For each of the companies covered, the report provides business overview, services offered, business strategies, financials, SWOT analysis, and major news and events.

Key Questions Answered in This Report:

• How has the global ambulatory services market performed so far and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global ambulatory services market?
• What are the key regional markets?
• Which countries represent the most attractive ambulatory services markets?
• What is the breakup of the market based on the service type?
• What is the breakup of the market based on the department?
• What is the competitive structure of the global ambulatory services market?
• What is the market positioning of various players in the global ambulatory services market? 
• What are the top winning strategies? 
• What are the strengths and weaknesses of key players?