The global ambulatory care services market size is expected to reach USD 5.57 Billion by 2030, according to a new study by Polaris Market Research. The report “Ambulatory Care Services Market Share, Size, Trends, Industry Analysis Report, By Type (Emergency Departments, Surgical Specialty, Primary Care Offices, Medical Specialty); By Application; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising prevalence of chronic illnesses and the ageing population, as well as the increased demand for minimally invasive surgery, are the major drivers of the industry. The frequency of multi-morbidity, or the occurrence of numerous diseases in the same person, is growing along with the number of patients with particular diseases. Sedentary lifestyles are increasing the prevalence of several ailments, including obesity.
Since developing nations are expected to see the largest population growth, emerging markets may be the most severely affected. Chronic condition has led to an increase in demand on medical systems, which has become a major concern. Similar to this, it is anticipated that chronic condition would increase demand for ambulatory medical services.
WHO research estimate that by 2020, chronic illnesses would be responsible for about three-quarters of all mortality worldwide. The research also predicted that in developing nations, 70 % of mortality may be driven on by diabetes, 75% by stroke, and 71% by ischemic heart disease (IHD). As a result, the market for ambulatory healthcare services is anticipated to develop as the frequency of chronic diseases grows.
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The market for ambulatory services is being driven by reduced hospital stays, cost-effective treatment for minimally invasive surgical procedures, and technologically sophisticated processes. Growing awareness and government initiatives to support and promote ambulatory services are driving industry expansion.
The ambulatory services include treatment for a variety of ailments, such as asthma, diabetes, hypertension, ENT infections, epilepsy, the common cold, and urinary tract infections. Dermatology, diagnostic techniques, and dental treatments are examples of minor surgical operations and medical activities. Medical team accessible to help at any moment, including physicians, nurses, surgery and lab technicians, and administrative personnel.
Ambulatory Care Services Market Report Highlights
Polaris Market Research has segmented the ambulatory care services market report based on type, application, and region:
Ambulatory Care Services, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Ambulatory Care Services, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Ambulatory Care Services, Regional Outlook (Revenue - USD Billion, 2018 - 2030)