The "Ambulatory Healthcare Service Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The major factors for the growth of the ambulatory healthcare service market are the increasing geriatric population and rising prevalence of chronic diseases, rising demand for minimally-invasive surgeries, and technological advancements.
The prevalence of chronic diseases is increasing across the world, due to the rapidly aging population and greater longevity of people with chronic conditions. Along with an increase in the number of patients with specific diseases, the prevalence of multi-morbidity, i.e., the presence of multiple diseases in the same individual, is rising. The sedentary lifestyles are boosting obesity rates, as well as the incidence of various diseases.
Key Market Trends
Gastroenterology Segment, under Application, is Expected to Hold Largest Market Share during the Forecast Period
The rising prevalence of gastric diseases is one of the major factors driving the growth of the market. According to the . The rising adoption of sedentary lifestyle is boosting the number of patients suffering from digestive diseases. Rising cases of digestive diseases, over the forecast period, are expected to create a huge demand for ambulatory healthcare services. As per the data of Medicare, in 2018, around 21% of ambulatory surgical centres billed of gastroenterology in the United States. Thus, owing to the rising prevalence of digestive diseases, there may be a huge demand for emergency care and ambulatory services over the forecast period.
North America Accounted for the Largest Share in the Global Market
North America held a major share for the ambulatory healthcare service market, and is expected to show a similar trend over the forecast period, without significant fluctuations. The ambulatory health care industry includes outpatient services, such as offices of physicians and dentists, home health care, and medical laboratories. However, it does not include inpatient care, such as hospitals and nursing facilities, or social assistance. According to the Medicare, the country spent around 4.9 billion USD in 2018 on the ambulatory surgical centres.
Furthermore, in the United States, the Agency for Healthcare Research and Quality (AHRQ) committed to improving the safety and quality of ambulatory care. The rising prevalence of chronic diseases and presence of better healthcare infrastructure are the major factors driving the growth of the market, in the United States.
The market studied is fragmented, owing to the presence of various players in the market. Most of the market players are focusing on partnership activities, in order to acquire the maximum market share. For instance, recently, in August 2018, HPI Holdings LLC, INTEGRIS, and United Surgical Partners International (USPI), a leading provider of ambulatory services in the United States, entered into an agreement to form a joint venture.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Geriatric Population and Rising Prevalence of Chronic Diseases
4.2.2 Rising Demand for Minimally-invasive Surgeries
4.2.3 Technological Advancements
4.3 Market Restraints
4.3.1 Regulatory and Operational Uncertainties
4.4 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Primary Care Office
5.1.2 Surgical Specialty Office
5.1.3 Emergency Department
5.1.4 Medical Specialty Office
5.1.5 Other Types
5.2 By Application
5.2.4 Pain Management
5.2.5 Other Applications
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Aspen Healthcare
6.1.2 Healthway Medical Group
6.1.3 Medical Facilities Corporation
6.1.5 SHERIDAN HEALTHCARE
6.1.6 Surgery Partners
6.1.7 Surgical Care Affiliates
6.1.8 Terveystalo Healthcare
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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