Ambulatory Services cccounted approximate USD 3 trillion in 2020 and it is expected to reach approximate USD 5 trillion by 2030 with a CAGR of 8.10% during forecast period.Ambulatory services refer to medical services performed on outpatient basis, without admission to hospital or other facility. Moreover, these services provided in settings such as dialysis clinics, ambulatory surgical centers, outpatient departments and offices of other health professionals. Additionally, ambulatory services provide services including diagnosis, observation, consultation, treatment, intervention, and rehabilitation services.

Market Segmentation:

On the basis of service type it is segmented into emergency departments, surgical specialty, primary care offices, medical specialty, outpatient department, and others. Based on the application it is classified into ophthalmology, gastroenterology, orthopedics, pain management, and others.  Based on region it is segmented into North America, Asia Pacific, Europe, and RoW.

Market Dynamics and Factors:

Increasing prevalence for outpatient care, as it is cost-effective and does not require hospital stay is the key factor driving the market. Moreover, lowered healthcare expenditure due to high preference for minimally invasive surgeries, rise in aging population and technological advancements will drive the market. Additionally, ease in access, flexible timings and high cost of other alternative treatments are driven the market. Furthermore, as these services are aimed at providing same-day healthcare services are boosting the market growth. Furthermore, recent advancement in ambulatory services such as medical procedures that can be provided without vising the hospital to provide convenient and economic healthcare facilities are anticipated to provide opportunities for market expansion. However, factors such as high cost of treatment and lack of reimbursements are likely to restrain the ambulatory services market.

Geographic Analysis:

North America is dominating the global ambulatory services market and is anticipated to maintain same trend during the forecast period. Well developed technology, rising healthcare expenditure, presence of leading players in the region are driving the market. According to research report, North America holds approximate 32.5% market share in terms of sales. The region is anticipated to grow with approximate CAGR of 4.8% during forecast period. Europe is the second largest market followed by North America. Increasing geriatric population in the region is driving the market. The region is expected to grow with approximate CAGR of 4.3% during forecast period. The Asia pacific region is anticipated to be the fastest growing ambulatory services market and is expected to grow with approximate CAGR of 5.9% during forecast period. Rising awareness and continuous development such as setting up new institutions and developing infrastructure in the region is driving the market.

Competitive Scenario:

Some of the key players in global ambulatory services market are AmSurg Corp., Symbion Inc., IntergraMed America Inc., Nueterra Capital, Healthway medical corporation ltd., Medical facilities Corp., surgical care affiliates Inc., Aspen Healthcare (private), Conccordia Care Inc., and Crothhall Healthcare Inc.

Ambulatory Services Market Report Scope