An Incisive, In-depth Analysis on the Outpatient Clinics Market
This study offers a comprehensive, 360 degree analysis on the Outpatient Clinics market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Outpatient Clinics market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The outpatient clinics has continued to play a significant role in management of the cognitive behavioral disorders. High-risk situations such as substance abuse, sexual offence, depression, obesity and obsessive-compulsive behavior is becoming a major concern in various countries. Management of high-risk situations has led to increasing number of outpatient clinics globally. Therapists in the outpatient clinics are adopting measures to prevent and identify the cognitive behavioral disorders. Growing need for relapse prevention and management is expected to contribute towards growth of the global outpatient clinics market during the forecast period.
According to Future Market Insights, the global outpatient clinics market is expected to represent a value of over US$ 39,000 Mn by the end of 2022.
Alcohol and Drug Addiction to Fuel Demand
With more number of people in grip of alcohol addiction and drugs, the need for rehab centers continue to increase. Outpatient rehabs allows the patient to live at home during the alcohol or drug rehabilitation program. In addition, treatment at the outpatient rehabs is comparatively cheaper than the inpatient and residential treatments. With the growing need for treatment of alcohol addiction problem, demand for outpatient clinics is expected to increase in the global market.
Healthcare Insurance to Impact Market Growth
Maintenance of employee health is increasingly becoming important to keep them working. Organizations are increasingly offering their employees’ health insurance benefits in order to ensure that good health of the employees while working. Provision of health insurance to the employees is further expected to impact growth of the global market during the forecast period. In addition, regulations such as Patient Care Affordable Act and the Health Care and Educational Reconciliation Act has further established exchanges that offer access to the private health insurance and provides the citizens of America with public health coverage. A recent trend witnessed among the private insurance companies is that they are focusing on negotiating with the outpatient clinics for enhanced payment and services offered.
Technological Advancements to Underscore Significant Opportunities
Advanced medical technology has also led to therapies and drugs that have enabled the procedures, medical tests and therapies without the need for lengthy stays in the night. Prevalence of chronic diseases will continue to rev up demand for immediate treatment and services. Demand for the outpatient clinic services will continue to gain momentum bound to growing need for immediate treatment and convenience to the healthcare providers and patients. Benefits such as cheaper establishment and the operational costs of the outpatient clinics is further expected to propel growth of global outpatient clinic market.
On the other hand, stringent regulatory framework and lack of doctors to treat the patients continues to remain a major factor inhibiting growth of the global market. In addition, development of the healthcare sector in various developing countries is further likely to impact demand for the outpatient clinics negatively. As the outpatient clinics do not admit the patients, the risks of getting addicted again and being exposed to drugs or alcohol continues to remain high. Access to the counselor is expected to remain limited as compared to the inpatient and residential facility.
Multi-Specialty Centers to Represent a Leading Segment
With the growing need for various treatments, demand for multi-specialty center will continue to increase. On the basis of center type, the multi-specialty center segment is expected to generate significant revenues, accounting for a value of over US$ 8,400 Mn by the end of 2022. The multi-specialty center segment is expected to register the highest CAGR throughout the forecast period.
Based on specialty type, the cardiology segment is expected to witness significant revenue growth, recording a value of over US$ 3,000 Mn by the end of 2022. The dermatology specialty areas segment is expected to register a robust CAGR during the forecast period.
Leading market players operating in the global outpatient clinics market include M D Anderson Cancer Center, Kaiser Permanente Inc., Memorial Sloan Kettering, Mayo Clinic, DaVita Inc., University of Maryland Medical Center, Johns Hopkins Medicine, Cleveland Clinic and Fresenius Medical Care.
Global Outpatient Clinics Market: Overview
The global outpatient clinic market is expected to witness a healthy growth attributed to growing need for immediate and cheaper healthcare services. Surge in advantages of providing convenience to the healthcare service providers and patients is further expected to impact growth of the global market. The outpatient services market is mainly expected to be dominated by North America globally. In addition, introduction of various advancements in the medical technology has led to improved treatment techniques and medication. Prevalence of various chronic and cardiovascular disorders will further continue to rev up demand for outpatient clinics in the global market
The report reveals in-depth insights on the crucial aspects of the global outpatient clinics market and offers information on the factors fuelling growth of the global market, competitive landscape, important segments and growth patterns.
Global Outpatient Clinics Market: Dynamics
Growth of the global outpatient clinics market is expected to be bound by various macro-economic and micro-economic factors. The report reveals that the global outpatient clinics market is mainly driven by increasing demand for convenient treatment process. As prevalence of high-risk conditions needs immediate treatment, patients prefer seeking treatment from the outpatient clinics globally. These high-risk conditions include obsessive-compulsive behavior, substance abuse, depression, sexual offending and obesity. Growing need for the high-risk conditions continues to fuel demand for outpatient clinics in the global market. Increasing demand for relapse prevention and management is further expected to contribute towards growth of the global outpatient clinics market positively.
In order to maintain good health of the employees, various organizations are offering health insurance benefits to the employees. Moreover, imposition of various stringent regulations such as the Patient Care Affordable Act and Health Care and Educational Reconciliation Act allows private healthcare insurance services and provide the citizens of U.S with the public health coverage. These factors are expected to impact the growth of the global outpatient clinics positively.
Global Outpatient Clinics Market: Segmentation
In the next section, the global outpatient clinics market is mainly segmented as center type, specialty areas and region. On the basis of center type, the global market is segmented as single specialty centers, multi-specialty centers, diagnostics and surgical. Based on specialty areas, the global market is segmented as cardiology, orthopedics, gastroenterology, dental, ophthalmology, urology, neurology, dermatology and others.
Global Outpatient Clinics Market: Competition
Key players in the global outpatient clinics market are M D Anderson Cancer Center, Mayo Clinic, Kaiser Permanente Inc., University of Maryland Medical Center, DaVita Inc., Memorial Sloan Kettering, Fresenius Medical Care, Johns Hopkins Medicine and Cleveland Clinic,.