A market research study recently published by Transparency Market Research (TMR) states that the Europe ambulatory surgical and emergency center services market in Europe will expand at an impressive CAGR of 13% between 2014 and 2020. The report is titled “Europe Ambulatory Surgical & Emergency Center Services Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, and is available on the company’s website for sale.
The report states that the market, with a valuation of US$18.5 bn in 2013, will reach US$42.8 bn by 2020. The report states that the rate of adoption of ambulatory surgical services has significantly increased over the years owing to the cost-effective and safe, time-saving attribute of these services, and the high-quality approach they offer. The rising population of geriatrics in Europe, which is expected to account for nearly 30% of Europe’s total population by 2050, will present the need for frequent medical interventions for a number of age-related diseases, hernia, cataract, etc. This will further propel the growth prospects of the market for ambulatory services and emergency center services in Europe.
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Additionally, the emergence of several new technologies that focus on the rising preference for minimally invasive procedures is expected to enable healthcare providers to undertake many surgeries in a day, further driving the market.The report states that the continuous growth of the market for ambulatory services and emergency center services in Europe over the past few years has led to substantial advancements in procedural techniques and surgical equipments, which has further given impetus to the market. However, the market’s overall growth is restrained to a certain extent by factors such as lack of favorable reimbursement schemes for outpatient procedures and inadequate ambulatory facilities.
The report segments the market for ambulatory surgical and emergency services in Europe on the basis of type of procedure and geography.On the basis of type of procedure, the market is segmented into ear, nose, and throat (ENT), orthopedics, ophthalmology, gastrointestinal, obstetrics, urology, vascular, dermatology, general surgery, pain management, and pulmonary. Of these, the market segment of ophthalmology surgeries held the largest share of the market in 2013 owing to the rising number of patients with cataract, diabetic retinopathy, and other eye conditions. The market segment is also expected to expand at the highest pace compared to other market segment over the report’s forecast period, and constitute the highest share of the overall ambulatory surgeries in future years.
The market segment of orthopedic surgeries accounted for the second largest number of ambulatory surgeries in 2013 owing to the rising geriatric population and rising preference for minimally invasive surgeries.On the basis of geography, the market is segmented into seven regions, namely the U.K., Belgium, Spain, France, Italy, Germany, and Rest of Europe (RoE). Of these, the U.K. held the largest share of the market in 2013 owing majorly due to the increased initiatives by government agencies and medical bodies for assisting ambulatory services in the country.
Some of the key vendors operating in the Europe market for ambulatory surgical and emergency center services are IntegraMed America, Inc., Community Health Systems, Inc., Symbion, Inc., Terveystalo Healthcare Oyj, AmSurg Corporation, and Nueterra Healthcare.
The global Ambulatory Surgical and Emergency Center Services Market in Europe is segmented as:
Ambulatory Surgical and Emergency Center Services Market in Europe
- Pain Management
- General Surgery
Europe Ambulatory Surgical & Emergency Center Services Market, by Country
- Rest of Europe
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