Ambulatory Services Market Tendencies, Revenue Forecast and Interesting Opportunities from 2020 to 2027
Ambulatory Services Market Overview
Ambulatory
service or ambulatory care is a broad term used to describe medical care
performed at the OPDs or on an outpatient basis, without admission to a
hospital or other facility. Ambulatory
Care Services Centers only treat patients with chronic or non-severe acute
conditions providing dialysis clinics, capital
region ambulatory surgery center, hospital
outpatient departments, and others.
Many
medical procedures and surgeries once provided in hospitals have shifted to
ambulatory services thanks to technology advancements. Ambulatory services
executives coordinate all aspects of outpatient care instead of Doctors and
Nurses, making sure the ASC has the strong clinical, financial, and operational
footing needed to deliver top-notch patient services.
Besides,
rapidly undergoing through transformations, advancements in genetics,
biomedical, and information technology; Healthcare sector is ushering towards
effective personalized treatments for the patients. Simultaneously, accepting
the customer-centric approach HC sector today strives to create positive
consumer experiences. And to suffice this, the sector prompts extensive demand
& wide uptake of Ambulatory Services. Resultantly, the market is increasing
pervasively.
Acknowledging
the exponential growth, the market is observing currently; Market Research
Future (MRFR) in its recently published study report asserts that the global Ambulatory
Services market is forecasted to reach over 3350 Bn. USD by
2022 growing at a CAGR of 5.1 % from 2017 to 2022.
Ambulatory Services Market Regional Analysis
North America region accounts for the leading
market for Ambulatory Services, acquiring the largest as in, 41.2% of the
market share in the global market in the year 2016. The market in the region is
further expected to grow at 4.8% CAGR during the forecast period.
Various factors substantiating the market
growth include the availability of specialized technique, the presence of large
number of ambulatory centers, solid support from the government and various
organizations, high patient fulfillment with high quality and low-cost services
in the region
Europe & Asia Pacific region accounts for
the second & third largest market respectively in the global Ambulatory
Services market. The Ambulatory Services market in Europe is expected to grow
at a CAGR of 5.3% over the assessment period (2017 to 2022).
Whereas, the increasing patient pool coupled
with the demand for more Ambulatory Services Centers drive the market growth in
the APAC region. Owing to the rising funding and proliferating infrastructures
for healthcare, mainly in countries like China and India the Asia Pacific market
is emerging as one of the lucrative markets, globally. The Ambulatory Services market in the APAC is
projected to grow at 5.5% CAGR over the review period.
The MEA Region (the Middle East & Africa)
will perceive a steady growth during the forecast period.
Ambulatory Services Market Segmentation
The ambulatory services market has been
segmented into type.
Based on type, the market has been segmented
into primary care offices, medical specialty, ambulatory surgery, outpatient
departments (OPDS), and emergency departments.
Ambulatory Services Market Players
·
Globus
Medical, Inc. (U.S.)
·
Depuy
Synthes Inc. (Johnson & Johnson) (U.S.)
·
Smith
& Nephew plc. (UK)
·
NuVasive,
Inc. (U.S.)
·
Stryker
Corporation (U.S.)
·
Integra
LifeSciences Holdings Corporation (U.S.)
·
Zimmer
Biomet Holdings, Inc. (U.S.)
·
Medtronic,
plc (Ireland)
·
Wright
Medical Group N.V. (Netherlands)
·
The
Orthopedic Implant Company (U.S.)
·
Aesculap
Implant Systems (U.S.)
·
Conmed
Corporation (U.S.)
·
BioTek
Instruments, Inc. (U.S.)
·
Arthrocare
Corporation (U.S.)
among others are some key companies in the
global Ambulatory Services that are listed by MRFR for market research.
About
Market Research Future:
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