Ambulatory Healthcare Service Market - Forecast(2024 - 2030)

Report Code: HCR 21518 Report Format: PDF + Excel

Ambulatory Healthcare Service Market Overview

Ambulatory Healthcare Service Market Size is estimated to reach $4.8 billion by 2027. Furthermore, it is poised to grow at a CAGR of 5.6% over the forecast period of 2022-2027. Ambulatory care applies to outpatient medical specialty services offered without admission to a hospital or other facility (MedPAC). Ophthalmology, orthopedics, gastroenterology, plastic surgery, pain management, and gynecology are the applications of Ambulatory healthcare services. It helps providers such as hospitals, healthcare systems, medical specialty, and doctors to treat chronic conditions more proactively avoid dangerous diseases and improve the overall health of the population. Primary care, ambulatory surgery, emergency care, and others are included in ambulatory care. Outpatients are provided with surgical and emergency care facilities by ambulatory surgery and emergency departments and do not require hospitalization. These centers have grown into an outstanding choice for minor and serious surgeries for the public and, thus, insurance firms expect to capitalize on the growth of this market. These centers provide specialized facilities that assist in the provision of services such as cataracts and arthroscopic surgery. The increasing preference for outpatient treatment is likely to be the main factor driving the demand, as it is cost-effective and does not entail a hospital stay. Sedentary lifestyles increase the prevalence of obesity as well as the occurrence of different diseases. In 2020, the prevalence of chronic diseases is projected to increase by 57%, according to the World Health Organization (WHO). Government policies and the availability of support for outpatient health facilities are also anticipated to drive market growth. The demand is further driven by shortened hospital stays and reduced healthcare spending owing to a strong preference for minimally invasive surgery and technological advances. The advancement of laparoscopy and endoscopy, for example, has further lowered the need for longer hospital stays. 

Ambulatory Healthcare Service Market Report Coverage

The report: “Ambulatory Healthcare Service Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Ambulatory Healthcare Service Market.

By Type: Primary Care Offices, Emergency Departments, Medical Specialty and Surgical Specialty and Others.
By Application: Plastic Surgery, Pain Management, Orthopedics, Ophthalmology, Gastroenterology, Spinal Injections, and Others.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

  • Geographically, North America held a dominant market share in the year 2021, owing to the high incidences of chronic diseases in this region.
  • The rise in sluggish lifestyle adoption is increasing the number of patients with digestive problems. One of the primary factors driving the market's growth is the increased frequency of gastrointestinal illnesses. However, major regulatory concerns are restraining the growth of the ambulatory healthcare service market.
  • Detailed analysis on the Strength, Weaknesses and Opportunities of the prominent players operating in the market is provided in the Ambulatory Healthcare Service Market.

Ambulatory Healthcare Service Market: Market Share (%) by Region, 2021 

Ambulatory Healthcare Service Market

For more details on this report - Request for Sample

Ambulatory Healthcare Service Market Segmentation Analysis- By Type

Ambulatory Healthcare Service Market based on type can be further segmented into Primary Care Offices, Emergency Departments, Medical Specialty, and Surgical Specialty. The primary Care Offices segment held a dominant market share in the year 2021, owing to increased quality of care and the adoption of emerging technology such as computerized prescription systems and electronic health records (EHRs) is anticipated to favorably impact the segment growth. In rural areas, EHR implementation and drug procurement have enhanced primary and follow-up care, thereby reducing manual errors. Collaborations between major public and private entities to provide low-cost access to different treatments are projected to improve the segment of outpatient services. 

However, the Surgical Specialty segment is expected to grow at the quickest rate between 2022 and 2027, with a CAGR of 6.3%, which is attributable to easy reimbursement policies, demand for minimally invasive procedures, and increased M&A activities among key businesses. Surgery partner strategic partnership with Privia Health in the state of Montana in February 2022. This relationship has helped to build a state-wide network of physicians with high surgical capabilities. 

Ambulatory Healthcare Service Market Segmentation Analysis - By Application

Ambulatory Healthcare Service Market based on the application can be further segmented into Plastic Surgery, Pain Management, Orthopedics, Ophthalmology, Gastroenterology, Spinal Injections, and Others. The gastroenterology segment held a dominant market share in the year 2021, owing to the growing prevalence of gastric diseases. According to the research paper published in gastroenterology, more than 40% of persons worldwide have FGIDs, which affect the quality of life and health care use. According to its organization, Irritable bowel syndrome (IBS) is the most prevalent gastrointestinal (GI) condition, with incidence rates ranging from 10% to 15% worldwide. And also, in the United States alone, there are between 2.4 and 3.5 million annual medical consultations for IBS in 2020.

However, the Orthopaedic segment is anticipated to grow with the fastest CAGR of 6.7% during the forecast period 2022-2027, owing to the increased focus of the vendors on offering greater rebates thus enhancing the segment demand. As per the WHO report musculoskeletal conditions affect 1.71 billion people worldwide and low back pain cause highest-burden with a prevalence of 568 million people. Such increasing orthopedic diseases around the world are growing the Ambulatory Healthcare Service Market. 

Ambulatory Healthcare Service Market Segmentation Analysis - By Geography

The Ambulatory Healthcare Service Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 35% in the year 2021. This is majorly attributed to the rise in consumer health awareness, shift of the aging population to outpatient care, and expansion of the network with physicians and healthcare providers. Ambulatory health care service is trending in the healthcare sector of North America attributed to convenient service at the comfort of home offered by such centers with a low risk of infection. Also new innovations and technology in ambulatory healthcare service including new developments in anesthesia and pain control, as well as minimally invasive surgical procedures ambulatory driving North America Ambulatory Healthcare Service Market. 

Furthermore, Europe is estimated to grow with the fastest CAGR over the forecast period 2022-2027, owing to the increasing aging population and rising prevalence of chronic diseases and cases of hospital readmissions have encouraged the expansion of outpatient centers, which is anticipated to drive the region’s growth. 

Ambulatory Healthcare Service Market Drivers

Growing Demand for Non-Invasive Cost-Effective Surgeries is aiding in Market Growth.

The demand for minimally invasive procedures, quicker patient recovery with shorter healing time, cheap surgical charges, and well-equipped outpatient service centers drive the market growth. Ambulatory surgeries performed in the U.S. are reaching 19.2 million surgeries in 2019, according to the Centres for Medicare and Medicaid Programs, with 15 million surgeries conducted in outpatient surgery centers (ASCs). Females had a greater rate of major ambulatory surgery contacts than males in 2019 (39.7 vs. 32.3 per 1,000 population). The factors driving the growth of outpatient services include increasing government support for team-based primary care, cost-saving hospital surgery, and government investment in outpatient care facilities show a significant impact on the demand for the Ambulatory Healthcare Service Market.

Growing Prevalence of Chronic Diseases is Driving the Ambulatory Healthcare Service Market.

The prevalence of chronic diseases is increasing owing to the increasingly aging population and the greater longevity of people with chronic conditions. The prevalence of multi-morbidity, i.e. the occurrence of multiple diseases in the same person, is growing alongside an increase in the number of patients with specific illnesses. By 2020, chronic diseases are anticipated to account for almost three-quarters of all deaths worldwide, according to research undertaken by the WHO. Studies have also reported that 71% of deaths in developing countries could be caused by ischaemic heart disease (IHD), 75% by stroke, and 70% by diabetes to drive the growth of the Ambulatory Healthcare Service Market.

Ambulatory Healthcare Service Market Challenges

Major Regulatory Concerns are Restraining the Growth of the Ambulatory Healthcare Service Market.

Regulatory concerns regarding the usage of Ambulatory Healthcare Service Analysis and growing stringent government policy and regulation towards the quantity of service being used in the application are restraining the growth of the market. According to American Hospital Association, administrative activities linked to regulatory compliance cost health systems, hospitals, and PAC providers over $39 billion each year. When a patient is admitted to a hospital, the regulatory burden costs $1,200. Also, operational uncertainties and data security concerns set to restrain the market growth.

Ambulatory Healthcare Service Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Ambulatory Healthcare Service Market. The top 10- Ambulatory Healthcare Service Market companies are-

  1. Healthway Medical Corporation Limited
  2. Nueterra Capital
  3. Terveystalo Healthcare Oy
  4. Surgical Care Affiliates
  5. Surgery Partners
  6. Symbion Inc.
  7. IntergraMed America Inc.
  8. AmSurg Corp
  9. Aspen Healthcare 
  10. Medical Facilities Corporation

Recent Developments

  • In June 2021, Terveystalo Healthcare Oy has acquired 72.14 % of the stakes which is 76681134 shares in Feelgood Svenska AB. The acquisition of shares is done under a share transfer agreement. This major holding of shares in Feelgood Svenska AB makes Terveystalo Healthcare a major authority in Feelgood Svenska AB company. 
  • In June 2021, Surgery Partners (USPI) and AdventHealth have announced Tampa Outpatient Surgical Center through a newly established joint venture. Tampa offers surgical services in many specialties including orthopedics, gastroenterology, otolaryngology, general surgery, pain management, spine, and ophthalmology. Tampa also offers surgical services in urology as well as plastic surgery, and cosmetic care.
  • In June 2019, Nueterra Capital partnered with the Kansas City Economic Development Corporation (EDCKC) and the Downtown Council of Kansas City (DTCKC) on Launch Health Accelerator, Launch KC's newest accelerator. It aims to find, assess and fund early-stage companies with the potential to enhance the delivery of health care. Nueterra Capital received a minimum equity contribution of $50,000 from companies accepted into the Launch Health Accelerator, along with software development work, healthcare, and company legal advice, accounting, marketing, and business mentoring from LaunchKC partners.

Relevant Titles 

Report Code: HCR 0113 

Report Code: HCR 0114

Report Code: HCR 1375 

For more Lifesciences and Healthcare related reports, please click here

1. Ambulatory Healthcare Service Market – Overview
    1.1 Definitions and Scope
2. Ambulatory Healthcare Service Market - Executive Summary
3. Ambulatory Healthcare Service Market - Comparative Analysis
    3.1 Company Benchmarking - Key Companies
    3.2 Global Financial Analysis - Key Companies
    3.3 Market Share Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Ambulatory Healthcare Service Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Ambulatory Healthcare Service Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Ambulatory Healthcare Service Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Ambulatory Healthcare Service Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Ambulatory Healthcare Service Market – By Type
    8.1 Primary Care Offices
    8.2 Emergency Departments
    8.3 Medical Specialty
    8.4 Surgical Specialty
    8.5 Others
9. Ambulatory Healthcare Service Market – By Application
    9.1 Plastic Surgery
    9.2 Pain Management
    9.3 Orthopaedics
    9.4 Ophthalmology
    9.5 Gastroenterology
    9.6 Spinal Injections
    9.7 Others
10. Ambulatory Healthcare Service Market - By Geography
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Chile
        10.4.4 Colombia
        10.4.5 Rest of South America
11. Rest of the World
    11.1.1 Middle East
    11.1.2 Africa
12. Ambulatory Healthcare Service Market - Entropy
13. Ambulatory Healthcare Service Market – Industry/Segment Competition Landscape Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Ambulatory Healthcare Service Market – Key Company List by Country Premium Premium
15. Ambulatory Healthcare Service Market - Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2023-2030 ($M)
1.1 By Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Outpatient Department Market 2023-2030 ($M)
1.1.2 Primary Care Office Market 2023-2030 ($M)
1.1.3 Surgical Specialty Office Market 2023-2030 ($M)
1.1.4 Emergency Department Market 2023-2030 ($M)
1.1.5 Medical Specialty Office Market 2023-2030 ($M)
1.2 By Application Market 2023-2030 ($M) - Global Industry Research
1.2.1 Ophthalmology Market 2023-2030 ($M)
1.2.2 Orthopedics Market 2023-2030 ($M)
1.2.3 Gastroenterology Market 2023-2030 ($M)
1.2.4 Pain Management Market 2023-2030 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
3.Global MARKET SEGMENTATION Market 2023-2030 (Volume/Units)
3.1 By Type Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Outpatient Department Market 2023-2030 (Volume/Units)
3.1.2 Primary Care Office Market 2023-2030 (Volume/Units)
3.1.3 Surgical Specialty Office Market 2023-2030 (Volume/Units)
3.1.4 Emergency Department Market 2023-2030 (Volume/Units)
3.1.5 Medical Specialty Office Market 2023-2030 (Volume/Units)
3.2 By Application Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Ophthalmology Market 2023-2030 (Volume/Units)
3.2.2 Orthopedics Market 2023-2030 (Volume/Units)
3.2.3 Gastroenterology Market 2023-2030 (Volume/Units)
3.2.4 Pain Management Market 2023-2030 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2023-2030 (Volume/Units)
5.North America MARKET SEGMENTATION Market 2023-2030 ($M)
5.1 By Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Outpatient Department Market 2023-2030 ($M)
5.1.2 Primary Care Office Market 2023-2030 ($M)
5.1.3 Surgical Specialty Office Market 2023-2030 ($M)
5.1.4 Emergency Department Market 2023-2030 ($M)
5.1.5 Medical Specialty Office Market 2023-2030 ($M)
5.2 By Application Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Ophthalmology Market 2023-2030 ($M)
5.2.2 Orthopedics Market 2023-2030 ($M)
5.2.3 Gastroenterology Market 2023-2030 ($M)
5.2.4 Pain Management Market 2023-2030 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
7.South America MARKET SEGMENTATION Market 2023-2030 ($M)
7.1 By Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Outpatient Department Market 2023-2030 ($M)
7.1.2 Primary Care Office Market 2023-2030 ($M)
7.1.3 Surgical Specialty Office Market 2023-2030 ($M)
7.1.4 Emergency Department Market 2023-2030 ($M)
7.1.5 Medical Specialty Office Market 2023-2030 ($M)
7.2 By Application Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Ophthalmology Market 2023-2030 ($M)
7.2.2 Orthopedics Market 2023-2030 ($M)
7.2.3 Gastroenterology Market 2023-2030 ($M)
7.2.4 Pain Management Market 2023-2030 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
9.Europe MARKET SEGMENTATION Market 2023-2030 ($M)
9.1 By Type Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Outpatient Department Market 2023-2030 ($M)
9.1.2 Primary Care Office Market 2023-2030 ($M)
9.1.3 Surgical Specialty Office Market 2023-2030 ($M)
9.1.4 Emergency Department Market 2023-2030 ($M)
9.1.5 Medical Specialty Office Market 2023-2030 ($M)
9.2 By Application Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Ophthalmology Market 2023-2030 ($M)
9.2.2 Orthopedics Market 2023-2030 ($M)
9.2.3 Gastroenterology Market 2023-2030 ($M)
9.2.4 Pain Management Market 2023-2030 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
11.APAC MARKET SEGMENTATION Market 2023-2030 ($M)
11.1 By Type Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Outpatient Department Market 2023-2030 ($M)
11.1.2 Primary Care Office Market 2023-2030 ($M)
11.1.3 Surgical Specialty Office Market 2023-2030 ($M)
11.1.4 Emergency Department Market 2023-2030 ($M)
11.1.5 Medical Specialty Office Market 2023-2030 ($M)
11.2 By Application Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Ophthalmology Market 2023-2030 ($M)
11.2.2 Orthopedics Market 2023-2030 ($M)
11.2.3 Gastroenterology Market 2023-2030 ($M)
11.2.4 Pain Management Market 2023-2030 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
13.MENA MARKET SEGMENTATION Market 2023-2030 ($M)
13.1 By Type Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Outpatient Department Market 2023-2030 ($M)
13.1.2 Primary Care Office Market 2023-2030 ($M)
13.1.3 Surgical Specialty Office Market 2023-2030 ($M)
13.1.4 Emergency Department Market 2023-2030 ($M)
13.1.5 Medical Specialty Office Market 2023-2030 ($M)
13.2 By Application Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Ophthalmology Market 2023-2030 ($M)
13.2.2 Orthopedics Market 2023-2030 ($M)
13.2.3 Gastroenterology Market 2023-2030 ($M)
13.2.4 Pain Management Market 2023-2030 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2023-2030 ($M)

LIST OF FIGURES

1.US Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
2.Canada Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
3.Mexico Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
4.Brazil Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
5.Argentina Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
6.Peru Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
7.Colombia Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
8.Chile Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
9.Rest of South America Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
10.UK Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
11.Germany Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
12.France Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
13.Italy Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
14.Spain Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
15.Rest of Europe Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
16.China Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
17.India Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
18.Japan Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
19.South Korea Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
20.South Africa Ambulatory Healthcare Service Market Revenue, 2023-2030 ($M)
21.North America Ambulatory Healthcare Service By Application
22.South America Ambulatory Healthcare Service By Application
23.Europe Ambulatory Healthcare Service By Application
24.APAC Ambulatory Healthcare Service By Application
25.MENA Ambulatory Healthcare Service By Application