Transparency Market Research is publishing a new report titled, “Ambulatory Care Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the ambulatory care market. The new report anticipates that the increase in adoption and demand for minimally invasive surgery coupled with technological advancements, and surge in demand to reduce hospital stay and overall health care cost will boost the ambulatory care market during the forecast period i.e, 2018-2026. Other factors driving the market for ambulatory care market include rise in government and medical professional bodies’ initiatives to promote ambulatory care services.
The report has segregated the global ambulatory care market based on type of services, application, and region. Based on type of services, the market is split into primary care, emergency, surgical/specialty, and others. The primary care segment is expected to account for larger market share owing to increase in patient preference and less waiting time.
In terms of application, the global ambulatory care market is categorized into general practice, gastroenterology surgery, ophthalmology surgery, orthopedic surgery, spinal surgery, plastic surgery, and others. The general practice segment is likely to account for significant market share due to increase in number of ambulatory and emergency care centers, technological advancements, and high quality, cost-effective, and time saving approach.
On the basis of geographical perspective, the TMR report has split the global ambulatory care market into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, North America was a significant market for ambulatory care in 2017 and the trend is expected to continue during the forecast period, as per the report. North America’s dominance is attributed to aging population and increase in number of surgeries performed at ambulatory surgery centers.
According to the American Hospital Association, 66% of the all surgeries at community hospitals in the U.S. was performed in ambulatory surgery settings in 2014 as compared to 57% in 1994. Europe was also a significant market for ambulatory care in 2017, due to increasing advancements in technologies that enable health care professionals to perform multiple minimally invasive surgical procedures in a single day.
Increase in demand to cut down health care cost, aging population, surge in demand for minimally invasive surgery, and rise in health care expenditure are projected to boost the growth of the ambulatory care market in Asia Pacific during the forecast period. Major players operating in the global ambulatory care market are included in this report to give a better competitive analysis and these are AmSurg Corp., IntegraMed America, Inc., Aspen Healthcare, Healthway Medical Group, Surgery Partners, and Medical Facilities Corporation.
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