Global Ambulatory Healthcare Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 2,867.56 Million |
Market Size (Forecast Year) |
USD 4,817.57 Million |
CAGR |
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Major Markets Players |
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Global Ambulatory Healthcare Information Technology (IT) Market, By Type (Ambulatory Services, Primary Care Offices, Outpatient Departments, Emergency Departments, Surgical Specialty, Medical Specialty, Others), Modality (Hospital-affiliated, Freestanding), Surgery Type (Ophthalmology, Orthopaedics, Gastroenterology, Pain Management, Others), Application (Laceration Treatment, Bone Fracture Treatment, Emergency Care Service, Trauma Treatment) – Industry Trends and Forecast to 2030.
Ambulatory Healthcare Information Technology (IT) Market Analysis and Size
Chronic disease prevalence is increasing worldwide as a result of an aging population and the increased longevity of people with chronic conditions. With an increase in the number of patients suffering from chronic diseases comes an increase in the prevalence of multi-morbidity, or the presence of multiple diseases in the same person. Obesity rates and the prevalence of various diseases are rising as a result of sedentary lifestyles. As a result of the rising prevalence of chronic diseases, the ambulatory healthcare service market is expected to expand.
Data Bridge Market Research analyzes that the ambulatory healthcare information technology (IT) market was valued at USD 2867.56 million in 2022 and is expected to reach the value of USD 4817.57 million by the year 2030, at a CAGR of 6.70% during the forecast period. The increased demand for and adoption of preventive care is fuelling the growth of the ambulatory healthcare IT market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Ambulatory Services, Primary Care Offices, Outpatient Departments, Emergency Departments, Surgical Specialty, Medical Specialty, Others), Modality (Hospital-affiliated and Freestanding), Surgery Type (Ophthalmology, Orthopaedics, Gastroenterology, Pain Management, Others), Application (Laceration Treatment, Bone Fracture Treatment, Emergency Care Service, Trauma Treatment) |
Countries Covered |
U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America |
Market Players Covered |
Medtronic (Ireland), Koninklijke Philips N.V. (Netherlands), General electric (U.S.), Bayer AG (Germany), Stryker (U.S.), B.D. (U.S.), Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Panasonic Holdings Corporation (Japan), Siemens Healthcare GmbH (Germany), B. Braun Melsungen AG (Germany), Sonova. (Switzerland) |
Market Opportunities |
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Market Definition
Ambulatory care, also known as outpatient care, is outpatient medical care that includes observation, consultation, diagnosis, rehabilitation, intervention, and treatment. Primary care, ambulatory surgery, emergency care, and other services are examples of ambulatory care. Ambulatory surgery is defined as surgical and diagnostic procedures that do not necessitate an overnight hospital stay. Ambulatory surgery and emergency centres provide outpatient surgical and emergency medical services that do not necessitate hospitalization.
Global Ambulatory Healthcare Information Technology (IT) Market Dynamics
Drivers
- The rise in the utilization of big data
Government mandates and support for healthcare IT solutions are increasing. Furthermore, the increased use of big data and high returns on investment for healthcare IT solutions are expected to propel the ambulatory healthcare IT market forward.
- The increase in the use of HealthCare IT solutions
The growing need to contain rising healthcare costs is expected to support the growth of the ambulatory healthcare IT market. The increased use of Healthcare IT solutions in outpatient care facilities will provide additional opportunities for the ambulatory healthcare IT market to grow in the coming years.
- Regulatory Compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.
- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the ambulatory healthcare information technology (IT) market.
Opportunities
- Telehealth expansion
The continued expansion of telehealth services presents opportunities for IT solutions that support remote patient monitoring, virtual consultations, and telemedicine.
- Interoperability solutions
There's a growing need for interoperability solutions that enable seamless data exchange among different healthcare systems, improving care coordination.
- Patient engagement tools
The development and adoption of patient engagement tools, such as mobile apps and patient portals, provide opportunities for enhancing communication and involvement.
Restraint/Challenge
- Lack of IT infrastructure in developing countries
On the other hand, limitations in IT infrastructure in developing countries are expected to impede the growth of the ambulatory healthcare IT market over the forecast period. Concerns about security may impede the growth of the ambulatory healthcare IT market in the coming years.
This ambulatory healthcare information technology (IT) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ambulatory healthcare information technology (IT) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Recent Developments
- In December 2020, Surgical Care Affiliates announced a partnership with Advocate Health Care to open two new surgery centres. This collaboration strengthened and broadened the company's position in the Chicago market
- In January 2019, Surgical Care Affiliates announced a partnership with Optum, a leading health services company and a subsidiary of UnitedHealth Group, to acquire SCA's outstanding common stock for $57.00 per share
Global Ambulatory Healthcare Information Technology (IT) Market Scope
The ambulatory healthcare information technology (IT) market is segmented on the basis of type, modality, surgery type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Ambulatory services
- Primary care offices
- Outpatient departments
- Emergency departments
- Surgical Speciality
- Medical Speciality
- Others
Modality
- Hospital Affiliated
- Freestanding
Surgery type
- Cloud-based
- On-premise
Application
- Laceration treatment
- Bone fracture treatment
- Emergency care service
- Trauma treatment
Ambulatory Healthcare Information Technology (IT) Market Regional Analysis/Insights
The ambulatory healthcare information technology (IT) market is analysed and market size insights and trends are provided by country, type, modality, surgery type, and application as referenced above.
The countries covered in the ambulatory healthcare information technology (IT) market report are U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
North America is expected to dominate the market due to healthcare providers' increased acceptance and implementation of IT services and solutions. Furthermore, the presence of major manufacturing hubs and an increase in the number of hospitals, advanced research centres, and universities will drive the growth of the region's ambulatory healthcare IT market during the forecast period.
Asia-Pacific is expected to see significant growth in the market due to the rising prevalence of chronic diseases. Furthermore, the growing demand for better healthcare services is expected to drive the growth of the region's ambulatory healthcare IT market in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the Market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ambulatory Healthcare Information Technology (IT) Market Share Analysis
The ambulatory healthcare information technology (IT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ambulatory healthcare information technology (IT) market.
Some of the major players operating in the ambulatory healthcare information technology (IT) market are
- Medtronic (Ireland)
- Koninklijke Philips N.V. (Netherlands)
- General electric (U.S.)
- Bayer AG (Germany)
- Stryker (U.S.)
- B.D. (U.S.)
- Abbott (U.S.)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Panasonic Holdings Corporation (Japan)
- Siemens Healthcare GmbH (Germany)
- B. Braun Melsungen AG (Germany)
- Sonova. (Switzerland)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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