Ambulatory Health Care Services Market Valuation Expected To Reach $5.18 Billion By 2029, Growing At A Rate Of 7.8%
Discover trends, market shifts, and competitive outlooks for the ambulatory health care services industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Projected Market Size and Growth Rates for the Ambulatory Health Care Services Market From 2025 To 2029?
The market size for ambulatory health care services has seen significant growth in the past few years. It is expected to expand from $3.6 billion in 2024 to $3.84 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.7%. Factors such as changing demographics, alterations in healthcare policies, consumer inclinations, cost containment, and collaborative care models have contributed to the growth during the historic period.
The market size for ambulatory health care services is projected to experience substantial growth in the coming years, reaching $5.18 billion in 2029 with a compound annual growth rate (CAGR) of 7.8%. The escalation predicted for the forecast period is due to the transition to value-based care, the increasing use of artificial intelligence (AI) in healthcare, the expansion of telehealth, patient engagement, and management of population health. The forecast period is set to see an increase in trends such as data analytics and health information technology, value-based care, growth of outpatient procedures, remote monitoring and wearable technology, all centred around patient-centric care delivery.
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Which Factors and External Forces Are Driving Demand in the Ambulatory Health Care Services Market?
The global rise in both communicable and non-communicable diseases is projected to expedite the growth of the ambulatory healthcare service market. These diseases, which spread from individual to individual, are often the result of unhealthy lifestyles and behaviors. In need of immediate treatment, patients with these diseases contribute to growing demand in the ambulatory healthcare service market. For example, the World Health Organization, based in Switzerland, reported in September 2022 that 41 million people die from non-communicable diseases each year, which is 74% of all global deaths. Additionally, in July 2022, the Centers for Disease Control and Prevention, a U.S. government agency, noted that communicable diseases like Hepatitis B impact about 296 million people, leading to more than 6 million cases and 820,000 deaths annually. The increased prevalence of these diseases, therefore, acts as a driving force for growth in the ambulatory healthcare service market.
Which Segments in the Ambulatory Health Care Services Offer the Most Growth?
The ambulatory health care services market covered in this report is segmented –
1) By Type: Primary Care Offices, Emergency Departments, Surgical Specialty, Diagnosis, Observation, Consultation, Treatment, Intervention, Rehabilitation Services, Medical Specialty
2) By Application: Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management, Spinal Injections, Other Applications
Subsegments:
1) By Primary Care Offices: Family Medicine, Internal Medicine, Pediatrics
2) By Emergency Departments: Urgent Care Centers, Freestanding Emergency Rooms
3) By Surgical Specialty: Outpatient Surgical Centers, Specialty Clinics
4) By Diagnosis: Imaging Centers, Laboratory Services
5) By Observation: Short-Stay Observation Units, Monitoring Services
6) By Consultation: Specialist Consultations, Telehealth Consultations
7) By Treatment: Infusion Therapy, Pain Management Clinics
8) By Intervention: Minimally Invasive Procedures, Interventional Radiology
9) By Rehabilitation Services: Physical Therapy, Occupational Therapy, Speech Therapy
10) By Medical Specialty: Cardiology, Dermatology, Endocrinology, Neurology
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What Are the Fastest-Growing Geographies in the Ambulatory Health Care Services Market?
North America was the largest region in the ambulatory healthcare services market in 2024. The regions covered in the ambulatory health care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which Cutting-Edge Market Trends Are Expected to Drive theAmbulatory Health Care Services Market’s Growth?
In an effort to increase diagnostic accuracy and improve real-time patient monitoring, leading firms in the ambulatory healthcare services industry are creating sophisticated technologies such as arrhythmia detection algorithms. These specific software tools are utilized to detect irregular heart rhythms, or arrhythmias, in patients. In May 2024, for example, Vivalink, an American digital healthcare solutions company, unveiled the Turnkey Ambulatory Cardiac Monitoring Solution. This comprehensive package was engineered to support Mobile Cardiac Telemetry (MCT) and Holter monitoring. The system uses state-of-the-art algorithms which can identify over 15 common arrhythmias and ectopic beats, offering crucial insights for healthcare professionals. The package also includes a reusable ECG patch with a 14-day rechargeable battery and 30-day data storage capacity. A provisioned mobile gateway working synchronously with a patient app is also included, offering uninterrupted data transfer and enhancing patient engagement. A clinician portal for over-reads and annotations is featured as well, furnishing clinicians with significant insights for well-informed decision-making.
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What Are the Key Elements That Define the Ambulatory Health Care Services Market?
Ambulatory healthcare services refer to an outpatient medical procedure carried outside the hospital or other facility by healthcare professionals. They are used for providing prevention services and basic medical procedures.
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