Ambulatory Health Care Services Market Size, Share, And Growth Rate Analysis 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s ambulatory health care services market report forecasts the ambulatory health care services market size to grow to $4.36 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.
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Ambulatory Health Care Services Market Size Forecast
The global ambulatory health care services market is expected to grow from $3.16 billion in 2022 to $3.39 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ambulatory healthcare services market size is expected to reach $4.36 billion in 2027 at a CAGR of 6.5%.
North America held the largest ambulatory health care services market share.
Key Ambulatory Health Care Services Market Driver – Increase In The Prevalence Of Communicable And Non-Communicable Diseases Across The Globe
According to the World Health Organisation (WHO), a Swiss-based organisation, noncommunicable diseases (NCDs) will kill 41 million people each year in September 2022, accounting for 74% of all deaths worldwide. Furthermore, according to the Centres for Disease Control and Prevention, a US-based government body, infectious diseases like Hepatitis B afflicted about 296 million people in July 2022, including over 6 million children, resulting in 820,000 fatalities each year. As a result, the ambulatory healthcare service market is being driven by the rising prevalence of communicable and noncommunicable disorders.
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Key Ambulatory Health Care Services Market Trend – Technological Advancement
To maintain their market position, major ambulatory healthcare service providers are providing innovative ambulatory solutions. Careport, a US-based health management business, for example, released CarePort ambulatory, a care coordination solution for ambulatory clinicians, in June 2021. This advanced solution helps ambulatory providers, patients, and home- and community-based organisations avoid gaps in care and enables them to improve collaboration with home- and community-based organisations through an electronic referral process and track patients across these settings.
Ambulatory Health Care Services Market Segment
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
Ambulatory Health Care Services Market Major Players and Strategies
Major players in the ambulatory health care services market are Amsurg, IntegraMed America, Terveystalo, Aspen Healthcare, Medical Facilities Corporation, Fresenius Kabi AG, LVL Medical, DaVita Inc., Sonic Healthcare Limited, Surgery Partners, Symbion Inc., Hospital Corporation Of America (HCA) Holding, Symbion Pty Ltd., HCA Healthcare, and Surgical Care Affiliates.
Terveystalo, a private healthcare business based in Finland, purchased Helsinki Hospital for an unknown sum in May 2021. The combined resources of Terveystalo and Helsinki are expected to boost and assist Terveystalo’s growth goal by developing therapeutic pathways aimed at improving overall health. This acquisition is expected to provide patients with comprehensive expert treatment while also improving accessibility and customer experience. Helsinki Hospital is a specialised healthcare and ambulatory services provider situated in Finland.
The Ambulatory Health Care Services Global Market Report 2023 covers regional data on ambulatory health care services market size, ambulatory health care services market trends and drivers, opportunities, strategies, and ambulatory health care services market competitor analysis. The countries covered in the ambulatory health care services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Ambulatory healthcare services are outpatient medical procedures performed by healthcare professionals outside of a hospital or other facility. They are used to provide preventative services as well as basic medical operations.
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