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Europe Ambulatory Surgical & Emergency Center Services Market to grow at an impressive CAGR of 13% from 2014 to 2020
A new market report published by Transparency Market Research is Europe Ambulatory Surgical & Emergency Center Services Market
Published 21 September 2015
The Europe ambulatory surgical and emergency center services marketforecasts the market to grow at an impressive CAGR of 13% from 2014 to 2020. TMR, a market intelligence company based in the U.S., states that the Europe ambulatory surgical and emergency center services market is poised to grow from US$18.5 billion in 2013 to US$42.8 billion in 2020. The report, titled “Europe Ambulatory Surgical & Emergency Center Services Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on the company website.
The TMR study states that ambulatory surgical services are increasingly being adopted in Europe owing to their safe, cost-effective, high-quality, and time-saving approach for surgical procedures. The increasing aging populace in Europe, which is estimated to account for 29.9% of the total European population by 2050, will need frequent medical interventions for cataract, hernia, and other age-related disorders. This factor is expected to drive the Europe ambulatory surgical and emergency center services market significantly.Additionally, new technologies foraying into the market with focus on the increased preference for minimally invasive procedures enable healthcare professionals to perform multiple surgeries in a day, which is further driving market growth, as pointed out by TMR analysts.
As per the report analysis, the upsurge in the market has led to important advancements in surgical equipment and procedural techniques for complex procedures such as pars plana vitrectomy, disc operation, retinal detachment, and others to be carried out on an ambulatory basis, which is further giving impetus to the market. However, inadequate ambulatory facilities and favorable reimbursement schemes for inpatient procedures as compared to outpatient procedures are factors expected to impede the Europe ambulatory surgical and emergency center services market, as per the TMR research report.The TMR study segments the Europe ambulatory surgical and emergency services market on the basis of type of procedures and country. In 2013, orthopedic surgeries held the largest market share owing to high cost of the procedure combined with rising incidence of arthroscopic surgeries.
The orthopedic surgeries segment also accounted for the second highest number of procedures carried out among ambulatory surgical and emergency services in Europe in 2013, due to the ever-increasing geriatric population in Europe and preference for minimally invasive surgeries, which enables a large number of orthopedic procedures to be carried on ambulatory basis.Also, rising number of ophthalmology procedures and the increasing incidence of diabetic retinopathy, cataract, and other ophthalmology procedures will lead the ophthalmology surgeries segment to register the highest growth between 2014 and 2020, as per the study findings.
Browse the full Europe Ambulatory Surgical & Emergency Center Services Market: (Pain Management, Ophthalmology, Gastrointestinal, Pulmonary, Dermatology, Vascular, Urology, ENT, Orthopedics, Obstetrics and General Surgery) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/europe-ambulatory-surgical-emergency-center-services-market.html
As examined by TMR analysts, country-wise, the U.K. led the Europe ambulatory surgical and emergency center services market in 2013. This was on account of escalated initiatives by government agencies and medical bodies to assist ambulatory services in the country.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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