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Long Waiting Periods and Costly Treatments Compel Patients in Europe to Switch to Ambulatory Surgical and Emergency Center Services, finds TMR

Posted on Aug 25, 2016

With few companies presently operating and a large number of vendors expected to be enter in the next few years, the Europe ambulatory surgical and emergency center services market features a moderate level of competitive rivalry, reports a recent TMR report. The vast growth opportunities in the market can be understood from the fact that nearly 98% cataract surgeries and nearly 63% hernia repair surgeries are undertaken in ambulatory surgical units in the U.K. presently. 

Only a few companies in the market, such as Community Health Systems, Inc., Healthway Medical Group, and Medical Facilities Corporation, have operations across more than four specialty segments that come under the purview of the market. As a result, these three companies, with operations across a larger number of these specialty segments, including ophthalmology, pain management, gastrointestinal ailments, orthopedic, and dermatology, presently command leading positions in the market. Other key vendors in the market are AmSurg Corporation, Eifelhoehen-Klinik AG, NovaMed, Inc., and Symbion, Inc.

Transparency Market Research states that the Europe ambulatory surgical and emergency center services market, which had a valuation of US$23.08 bn in 2015 in terms of revenue, is expected to rise to US$42.81 bn by 2020.

Long Waiting Periods for Specialist Appointments and Reduced Treatment Costs Increase Preference to Single-day Surgeries

Long waiting periods for availing specialist appointments and undergoing complex surgeries are a key factor compelling patients to migrate from hospitals to day care centers or free standing units. Studies have indicated that across European countries such as the U.K., France, Norway, and Sweden, the issue of dearth of timely access to medical services is a key factor driving the demand for ambulatory surgical and emergency center services, which promise timely execution of surgeries. The vast reduction in costs of overall treatment possible with opting day surgery options is also a key factor driving the increased demand for ambulatory surgical centers in Europe.

Along with these factors, the vast technological advancements in the field of surgery, which have enabled the formation of smaller and fewer wound sites and faster recovery of patients, has also helped increase the number of surgeries that can be undertaken in outpatient settings. The vast rise in Europe’s geriatric population and increased life expectancy, leading to an increased number of patients with chronic health conditions, have also significantly boosted the requirement for ambulatory surgical and emergency center services in Europe.

Lack of Adequate Facilities and Reluctance to Day Surgeries to Hinder Market Growth

The lack of adequate facilities for ambulatory surgeries across a vast number of healthcare facilities in Europe is a key factor restraining the growth prospects of the Europe ambulatory surgical and emergency center services market. The presence of a large number of conventional hospital beds in countries like Austria compel patients to opt for conventional surgical procedures.

Along with this, the reluctance shown by some people for day surgeries, owing to the belief that day surgeries could be unsafe and not very effective, is also a chief factor limiting the overall growth prospects of the Europe ambulatory surgical and emergency center services market. Similarly, reluctance by primary care teams to adopt day surgeries, owing to the belief that the transition would result in an increase in their workloads, is also restraining the market’s growth to a certain extent.

Orthopedic Surgeries to Take the Lead

The segment of orthopedic surgeries is presently the leading contributor to the market’s overall revenues, having a valuation of US$11.39 bn in 2015. It is also expected to a key contributor to the market’s revenue over the forecasting horizon. In terms of geography, the U.K. emerged as the top revenue generator in the overall market, with a revenue contribution of US$6.10 bn in 2015.

This review is based on a recent market research report published by Transparency Market Research, titled “Europe Ambulatory Surgical & Emergency Center Services Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

For this study, the market has been segmented as follows 

By Types of Procedures

  • Ophthalmological Surgery
  • Gastrointestinal Surgery
  • Orthopedics Surgery
  • Dermatological Surgery
  • ENT Surgery
  • Urological Surgery
  • Obstetrics Surgery
  • Vascular Surgery
  • General Surgery
  • Pulmonary Surgery
  • Pain Management

By Regions

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Belgium
  • Rest of the Europe (RoE)

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