Outpatient Care - Americas

Americas

In the Americas, the Outpatient Care market is anticipated to witness a significant growth in revenue, with projections estimating it to reach a staggering US$0.81tn by the year 2024.
It is expected that this sector will continue to experience a steady annual growth rate (CAGR 2024-2029) of 4.51%, leading to a substantial expansion in market volume, estimated to reach US$1.01tn by 2029.
When compared to other countries globally, in the United States is expected to generate the highest revenue in the Outpatient Care market, amounting to US$744.80bn in 2024.
In the Americas, the market for Outpatient Care is experiencing a surge in demand due to the increasing prevalence of chronic diseases.

Key regions: France, Germany, United Kingdom, Canada, United States

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Region comparison

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Analyst Opinion

The Outpatient Care market in Americas is a rapidly growing industry that provides medical care to patients who do not require an overnight stay in a hospital. This market is driven by various factors such as increasing healthcare costs, rising demand for minimally invasive surgeries, and the growing prevalence of chronic diseases.

Customer preferences: Patients in Americas are increasingly opting for outpatient care services due to the convenience and cost-effectiveness of these services. Outpatient care facilities offer a wide range of medical services, including diagnostic tests, minor surgeries, and rehabilitation services. Patients can receive these services in a comfortable environment and return home on the same day, which reduces the need for hospitalization and lowers healthcare costs.

Trends in the market: The Outpatient Care market in Americas is witnessing several trends that are shaping the industry. One of the key trends is the increasing demand for minimally invasive surgeries. These procedures are less invasive, require smaller incisions, and have a shorter recovery time compared to traditional surgeries. This trend is driving the growth of outpatient surgery centers in the region.Another trend in the market is the growing prevalence of chronic diseases such as diabetes, cancer, and cardiovascular diseases. These diseases require long-term management and monitoring, which can be provided through outpatient care services. The rising incidence of chronic diseases is driving the demand for outpatient care services in the region.

Local special circumstances: The Outpatient Care market in Americas is characterized by significant regional variations. For instance, the market in the United States is the largest in the region, driven by the high healthcare spending and the presence of a large number of outpatient care providers. In contrast, the market in Latin America is relatively underdeveloped due to the lack of infrastructure and limited access to healthcare services.

Underlying macroeconomic factors: The Outpatient Care market in Americas is influenced by various macroeconomic factors such as healthcare policies, government regulations, and economic growth. The healthcare policies and regulations in each country impact the availability and accessibility of outpatient care services. For example, the Affordable Care Act in the United States has increased the demand for outpatient care services by expanding insurance coverage to more Americans.In conclusion, the Outpatient Care market in Americas is a growing industry that is driven by various factors such as customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The industry is expected to continue growing in the coming years, driven by the increasing demand for cost-effective and convenient healthcare services.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.