Ambulatory Services Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
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Ambulatory Services Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
" The global ambulatory services market size was expected to grow at a moderate pace, Asia-Pacific is the fastest growing market and this trend is expected to continue upto 2024."
The global ambulatory services market is projected to expand at a moderate CAGR of nearly 6 % over the forecast period( 2016 to 2024). The industry was valued approximately USD 2200 billion in 2014. High government expenditure on ambulatory care services plays a vital role in driving market dem and.
Implementation of government initiatives that support team-based primary care could positively impact the market in the years to come. Popularity of day surgery centers attributes to technological advancements and reduced hospital stays. Ambulatory services lead to cost savings due to lower hospital stay costs. Unlike conventional surgeries that require long hospital stays, non-surgical methods facilitate day surgeries. This attributes to the availability of resourceful recovery procedures.
The worldwide ambulatory services industry is categorized on the basis of types and regions. As per types, the divisions are primary care offices, outpatient departments, emergency departments, surgical specialty, medical specialty, and others. With revenues surpassing USD 400 billion, primary care offices led the overall market in 2014. Being the initial point of care, primary care has been obtaining strong government support. With substantial financial impetus, governments in a number of regions have successfully es tablished community care centers.
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