Ambulatory care, also known as outpatient care, is medical care provided on an outpatient basis, including observation, consultation, diagnosis, rehabilitation, intervention, and treatment services. Ambulatory care includes primary care, ambulatory surgery, emergency care, and others. Ambulatory surgery is defined as surgical and diagnostic intervention that does not require overnight hospital stay. Ambulatory surgery and emergency centers provide surgical and emergency medical services for outpatients and do not require hospitalization. These centers have developed into an excellent option for the general public for minor and serious surgeries, and therefore, insurance companies plan to capitalize on the growth of this industry. These centers have facilities with advanced equipment that help in providing services such as cataract and arthroscopic surgeries.

The global ambulatory care market is expected to be driven by increase in adoption and demand for minimally invasive surgery, technological advancements, and surge in demand to reduce hospital stay and overall health care cost. Rise in government and medical professional bodies’ initiatives to promote ambulatory care services are some of the factors likely to drive the growth of the market in the forecast period. The aging population in developed countries is a growing burden on the healthcare infrastructure. According to the U.S. Census Bureau, 8.5% of the global population, or 617 million, was aged 65 and above in 2015 and this percentage is projected to increase to 17% (1.6 billion) by 2050. However, lack of adequate medical facilities and favorable reimbursement policies for inpatient surgeries as compared to outpatient surgeries in developing countries are expected to hamper the growth of the global ambulatory care market.

The global ambulatory care market can be segmented based on type of services, application, and region. In terms of type of services, the market can be classified 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. Based on application, the global ambulatory care market can be 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.

In terms of region, the global ambulatory care market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was a significant market for ambulatory care in 2017 and the trend is expected to continue during the forecast period. 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. For example, advent of minimally invasive surgeries such as laparoscopic procedures has permitted complex surgeries such as gallbladder and hysterectomy surgeries to be done in reduced time. 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. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), one in four people in Asia Pacific will be 60 years old or older by 2050. The region is experiencing population aging at an unprecedented pace, with the number of older persons expected to more than double, from 535 million in 2015 to 1.3 billion by 2050.

Key players operating in the global ambulatory care market are AmSurg Corp., IntegraMed America, Inc., Aspen Healthcare, Healthway Medical Group, Surgery Partners, and Medical Facilities Corporation.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Ambulatory Care Market

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