Ambulatory Health Care Services Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Ambulatory Health Care Services by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Ambulatory Health Care Services, The ambulatory health care services market size has grown strongly in recent years. It will grow from $3.34 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to changing demographics, healthcare policy changes, consumer preferences, cost containment, collaborative care models.

The ambulatory health care services market size is expected to see strong growth in the next few years. It will grow to $4.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to shift to value-based care, rise of artificial intelligence (ai) in healthcare, telehealth expansion, patient empowerment, population health management. Major trends in the forecast period include patient-centric care, data analytics and health information technology, value-based care, outpatient procedure growth, remote monitoring and wearable devices, patient-centric care delivery.

The increasing prevalence of communicable and non-communicable diseases across the globe is expected to propel the growth of the ambulatory healthcare service market going forward. Communicable diseases are spread from one person to another and are caused by unhealthy behaviors and lifestyles. Patients suffering from various communicable and non-communicable diseases would require emergency care for immediate treatment, thus increasing the demand for the ambulatory healthcare service market. For instance, in September 2022, according to the World Health Organization (WHO), a Switzerland-based organization, non-communicable diseases (NCDs) kill 41 million people each year, equivalent to 74% of all deaths globally. Further, in July 2022, according to the Centers for Disease Control and Prevention, a US-based government agency, communicable diseases such as Hepatitis B affected approximately 296 million people, including over 6 million, causing 820,000 deaths every year. Therefore, the increasing prevalence of communicable and non-communicable diseases drives the ambulatory healthcare service market.

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The ambulatory health care services market covered in this report is segmented –

1) By Type: Primary Care Offices, Emergency Departments, Surgical Specialty, Diagnosis, Observation, Consultation, Treatment, Intervention, Rehabilitation Services, Medical Specialty

2) By Application: Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management, Spinal Injections, Other Applications

Technological advancements are a key trend gaining popularity in ambulatory healthcare services. Major companies operating in ambulatory healthcare services are introducing advanced ambulatory solutions to sustain their position in the market. For instance, in June 2021, Careport, a US-based health management company, unveiled CarePort ambulatory, a care coordination solution for ambulatory providers. This advanced solution helps to avoid gaps in care between ambulatory providers, patients, and home- and community-based organizations and enables them to improve collaboration with home- and community-based organizations through an electronic referral process and track patients across these settings.

The ambulatory health care services market report table of contents includes: