Ambulatory surgery is a surgical procedure that allows patients to return home on the same day of the surgery. Such surgery centers can be either standalone units, or attached/affiliated to hospitals. Currently, with rapid technological advancements in the Indian healthcare sector, ~60% of all surgeries can be performed at short-stay surgery centers. Ambulatory care services are provided at various healthcare facilities like dialysis clinics, ambulatory surgical centers, hospital outpatient departments, and outpatient clinics, among others.
Global market overview:
As of 2018, 60% of surgeries performed globally are day care or short stay surgeries. The global ambulatory service market is expected to reach INR 242 Tn by 2024, growing at a CAGR of ~6% from INR 155 Tn in 2016.
The major factors boosting the growth of the market are increasing aging population, growing treatment costs, increasing consumer awareness, and high government expenditure on ambulatory care services, among others.
AmSurg Corp., Surgery Partners, Symbion, and IntergraMed America, Inc., among others, are some of the major players operating in the global ambulatory services market.
India market overview:
The ambulatory surgery market has immense potential for growth in India, since the country is currently burdened with more than 20% of the world