Ambulatory Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Ambulatory Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global ambulatory services market size reached US$ 3.5 Trillion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Trillion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

Ambulatory services comprise medical care performed on an outpatient basis, without admission to a hospital or other facility. They are usually provided in settings, such as offices of physicians and other healthcare professionals, hospital outpatient departments, ambulatory surgical centers, specialty clinics or centers for dialysis or infusion, and urgent care clinics. They help provide personalized care to patients, reduce the need for hospital stays, save time for both patients and healthcare professionals, and lower medical bills. Nowadays, ambulatory care services include emergency visits, rehabilitation visits, and telephone consultations.

Ambulatory Services Market Trends:
Due to rising costs of inpatient hospital stays, ambulatory services are gaining traction as an alternative site to traditional healthcare facilities to provide necessary procedures at a lower price in reduced time. These services include medical treatments for acute and chronic illnesses, preventive healthcare, such as minor surgical procedures and diagnostic modalities like blood tests, X-rays, endoscopy, and biopsy procedures of superficial organs. This, in confluence with a significant rise in the prevalence of chronic diseases requiring medical intervention, is acting as another major factor bolstering the market growth. Apart from this, the increasing focus of health firms on making healthcare services more accessible and affordable to patients is contributing to the market growth. Moreover, various non-medical settings, including schools, prisons, and mass childhood immunization campaign centers, can be used to deliver ambulatory care simultaneously, thereby expanding the reach of ambulatory services to remote areas. Besides this, market players are providing resources and tools to improve the safety and quality of ambulatory care and enhance the reliability of laboratory testing in medical offices, which is positively influencing the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ambulatory services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service type and department.

Breakup by Service Type:

Diagnosis
Observation and Consultation
Treatment
Wellness
Rehabilitation

Breakup by Department:

Primary Care Offices
Outpatient Departments
Emergency Departments
Surgical Specialty
Medical Specialty

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Envision Healthcare, HCA Healthcare, Healthway Medical Corporation Limited, Medical Facilities Corporation, Nueterra Capital, Surgery Partners, Surgical Care Affiliates Inc. (UnitedHealth Group Incorporated), Tenet Healthcare Corporation, Terveystalo Oyj and Universal Health Services Inc.

Key Questions Answered in This Report

1. What was the size of the global ambulatory services market in 2022?
2. What is the expected growth rate of the global ambulatory services market during 2023-2028?
3. What has been the impact of COVID-19 on the global ambulatory services market?
4. What are the key factors driving the global ambulatory services market?
5. What is the breakup of the global ambulatory services market based on the service type?
6. What is the breakup of the global ambulatory services market based on the department?
7. What are the key regions in the global ambulatory services market?
8. Who are the key players/companies in the global ambulatory services market?