GITNUX MARKETDATA REPORT 2024

Ambulatory Services Industry Statistics

Ambulatory services industry statistics provide valuable insights into trends, patient demographics, and utilization patterns for outpatient medical care services.

Highlights: Ambulatory Services Industry Statistics

  • Ambulatory healthcare services in the US has an annual revenue of $1.69 trillion.
  • The industry employs around 8.8 million people in the United States.
  • The ambulatory services industry contributes approximately 6.4% to the total Health care and social assistance GDP in the US.
  • There were more than 636,000 outpatient centers in the U.S. in 2019.
  • The number of Americans using ambulatory services is forecasted to increase to over 1.38 billion by 2024.
  • The net profit margin of the ambulatory health care services industry was around 10.75%.
  • The ambulatory services industry holds about 36% of the global healthcare market.
  • In 2020, 45.6% of ambulatory services were specialized (except psychiatry and substance abuse).
  • There were more than 694,000 firms offering ambulatory health care services in 2019 globally.
  • The industry is projected to reach $3.7 trillion by 2028.
  • The average revenue ofHealthcare establishments in the Ambulatory category ranges between $905K to $955K.
  • The number of outpatient visits in U.S. hospitals increased from about 372.8 million in 1995 to 880.5 million in 2017.
  • The ambulatory services industry's year-over-year growth was 5.9% in Q4 2020.
  • The industry accounted for a whopping 35.9% of overall healthcare spending in the United States.
  • The telemedicine in outpatient care is expected to experience a CAGR of 15.1% from 2021 to 2028.
  • The global ambulatory services market was valued at $7.7 trillion in 2019.
  • U.S. ambulatory health care services industry's growth rate was approximately 16% between 2018 and 2021.
  • Ambulatory surgery accounts for 50% of all surgical procedures.
  • The number of operating rooms for outpatient procedures increased up to 51.8%.

Table of Contents

In today’s fast-paced world, ambulatory services play a crucial role in providing accessible and efficient healthcare to individuals across the globe. As we delve into the statistics of the ambulatory services industry, we uncover insights into the growing demand for outpatient care, the evolving trends in healthcare delivery, and the impact of technological advancements on patient outcomes. Join us as we explore the latest data and trends shaping the world of ambulatory services.

The Latest Ambulatory Services Industry Statistics Explained

Ambulatory healthcare services in the US has an annual revenue of $1.69 trillion.

The statistic that Ambulatory healthcare services in the US have an annual revenue of $1.69 trillion indicates the substantial economic impact of outpatient medical care in the United States. Ambulatory healthcare services encompass a wide range of healthcare providers such as physician offices, outpatient care centers, and diagnostic laboratories, among others. This revenue figure highlights the significant contribution of ambulatory services to the overall healthcare industry, underlining the importance of these services in providing accessible and efficient care to patients outside of traditional hospital settings. The statistic serves as evidence of the large scale and financial significance of ambulatory healthcare services in the US healthcare system.

The industry employs around 8.8 million people in the United States.

The statistic indicates that approximately 8.8 million individuals are employed within a particular industry in the United States. This figure represents the total number of people working in various roles and positions within that specific sector. The size of the workforce reflects the industry’s significant contribution to the nation’s economy and job market, providing employment opportunities to a large number of individuals. Understanding the number of people employed in the industry can also offer insights into its overall economic impact, growth trends, and potential for future development. The statistic serves as a key indicator of the industry’s importance and contribution to the labor market in the United States.

The ambulatory services industry contributes approximately 6.4% to the total Health care and social assistance GDP in the US.

The statistic stating that the ambulatory services industry contributes approximately 6.4% to the total Health care and social assistance gross domestic product (GDP) in the US signifies the significant economic impact of this sector within the broader healthcare and social assistance landscape. Ambulatory services encompass a range of healthcare services provided on an outpatient basis, such as doctor’s offices, clinics, and diagnostic centers, which are crucial components of the healthcare system. This statistic highlights the substantial financial contribution and overall importance of ambulatory care providers in driving economic growth and sustaining the broader healthcare industry in the United States. Understanding the proportion of the GDP attributed to ambulatory services aids policymakers, stakeholders, and healthcare professionals in assessing the industry’s economic significance and potential areas for investment and growth.

There were more than 636,000 outpatient centers in the U.S. in 2019.

The statistic that there were more than 636,000 outpatient centers in the U.S. in 2019 highlights the widespread availability and utilization of these healthcare facilities in the country. Outpatient centers offer a range of services including diagnostic tests, minor surgeries, and preventive care, allowing patients to receive treatment without the need for overnight stays in a hospital. The high number of outpatient centers indicates that they play a crucial role in the healthcare system, providing accessible and convenient care to millions of Americans across the nation. This statistic underscores the emphasis on outpatient services as a way to improve healthcare efficiency, reduce overall costs, and meet the diverse needs of patients.

The number of Americans using ambulatory services is forecasted to increase to over 1.38 billion by 2024.

The statistic that the number of Americans using ambulatory services is forecasted to increase to over 1.38 billion by 2024 indicates a growing demand for outpatient medical care in the United States. Ambulatory services encompass a wide range of medical services provided on an outpatient basis, such as doctor’s office visits, diagnostic tests, and minor surgical procedures. This forecasted increase points to several potential factors driving the growth, including an aging population, increased access to healthcare services, advances in medical technology, and changes in healthcare delivery models. As the demand for ambulatory services continues to rise, healthcare providers and policymakers may need to address challenges related to access, quality of care, and healthcare costs to effectively meet the needs of patients.

The net profit margin of the ambulatory health care services industry was around 10.75%.

The net profit margin is a financial metric that measures the percentage of revenue that remains as profit after all expenses have been deducted. In this case, a net profit margin of 10.75% in the ambulatory health care services industry indicates that for every dollar of revenue generated, the industry retained approximately $0.1075 as profit. A net profit margin of 10.75% is typically considered healthy as it suggests a relatively efficient and profitable operation within the industry. It also implies that the industry is effectively managing its costs and generating a reasonable level of profit relative to its overall revenue.

The ambulatory services industry holds about 36% of the global healthcare market.

The statistic that the ambulatory services industry holds about 36% of the global healthcare market indicates the proportion of healthcare services provided outside of traditional hospital settings, such as clinics, outpatient centers, and ambulatory care facilities. This suggests a significant shift in healthcare delivery towards more convenient and cost-effective outpatient services, reflecting a growing preference for preventive care, routine check-ups, and minor procedures that do not require hospitalization. The dominance of ambulatory services in the global healthcare market underscores the increasing importance of accessible and efficient healthcare options that cater to the evolving needs and preferences of patients worldwide.

In 2020, 45.6% of ambulatory services were specialized (except psychiatry and substance abuse).

The statistic indicates that in the year 2020, 45.6% of ambulatory services provided were specialized in certain areas excluding psychiatry and substance abuse. This suggests that a significant proportion of ambulatory care services were focused on specific medical specialties such as cardiology, dermatology, or orthopedics, among others. The exclusion of psychiatry and substance abuse might indicate that these services were separately categorized or had different utilization patterns compared to other specialized services. The statistic highlights the importance of specialized care within ambulatory settings and suggests a diverse range of medical needs being addressed through these specialized services in 2020.

There were more than 694,000 firms offering ambulatory health care services in 2019 globally.

The statistic “There were more than 694,000 firms offering ambulatory health care services in 2019 globally” indicates the significant presence and diversity of ambulatory health care providers across the world. Ambulatory health care services refer to medical services provided on an outpatient basis, outside of a hospital setting. The large number of firms offering such services suggests a widespread availability of healthcare options for individuals seeking non-emergency medical care. This statistic highlights the global demand for ambulatory care services and the importance of these firms in meeting the healthcare needs of diverse populations worldwide. Furthermore, the variation in the number of firms in different regions may reflect differences in healthcare systems, regulations, and access to medical services across countries.

The industry is projected to reach $3.7 trillion by 2028.

This statistic indicates the projected growth and expansion of the industry, estimated to reach a total market value of $3.7 trillion by the year 2028. The figure serves as a forward-looking prediction based on current trends, market conditions, and various growth factors that suggest a significant increase in the industry’s overall value over the next several years. This projected value represents both the potential for increased revenue generation within the industry and the growing demand for its products or services on a global scale, highlighting opportunities for investment, market expansion, and strategic business planning within the sector.

The average revenue ofHealthcare establishments in the Ambulatory category ranges between $905K to $955K.

The statistic stating that the average revenue of Healthcare establishments in the Ambulatory category ranges between $905K to $955K suggests that, on average, these establishments are generating annual revenues within this specified range. This information provides stakeholders, such as investors, policymakers, and healthcare administrators, with a general understanding of the financial performance of Ambulatory healthcare facilities. The range indicates the variability in revenue generation across different Ambulatory establishments, emphasizing the importance of further investigation into the factors influencing revenue levels, such as patient volumes, services offered, and operational efficiency. Understanding these revenue trends can inform decision-making processes and strategies aimed at optimizing the financial health and sustainability of Ambulatory healthcare providers.

The number of outpatient visits in U.S. hospitals increased from about 372.8 million in 1995 to 880.5 million in 2017.

The statistic provided indicates a substantial increase in the number of outpatient visits in U.S. hospitals over a 22-year period. Specifically, the number of outpatient visits surged from approximately 372.8 million in 1995 to 880.5 million in 2017. This nearly 2.4-fold expansion suggests a significant rise in the utilization of outpatient healthcare services over time, potentially reflecting various factors such as changes in healthcare delivery models, advancements in medical technology, shifts in patient preferences, and evolving healthcare policies. This statistic underscores the increasing demand for outpatient care and highlights the importance of ensuring access to efficient and high-quality outpatient services to meet the healthcare needs of the population.

The ambulatory services industry’s year-over-year growth was 5.9% in Q4 2020.

The statistic indicates that the ambulatory services industry experienced a 5.9% increase in revenue or operational output in the fourth quarter of 2020 compared to the same period in the previous year. This growth rate serves as a key performance indicator for the industry’s expansion and economic health, highlighting its ability to generate more revenue, serve more patients, or provide more services year over year. A 5.9% growth rate suggests a positive trend in the industry, potentially driven by factors such as increasing demand for outpatient services, advancements in technology, or changes in healthcare policies that may have boosted the industry’s financial performance during this time period.

The industry accounted for a whopping 35.9% of overall healthcare spending in the United States.

This statistic indicates that the industry sector in the United States plays a significant role in healthcare spending, contributing to nearly 36% of the total healthcare expenditures in the country. This highlights the substantial impact that industry-related activities, such as manufacturing of medical equipment and pharmaceuticals, have on healthcare costs. The high proportion of spending allocated to the industry sector underscores the importance of understanding and managing the costs associated with these activities to ensure efficient and effective use of healthcare resources in the United States.

The telemedicine in outpatient care is expected to experience a CAGR of 15.1% from 2021 to 2028.

This statistic suggests that the use of telemedicine for outpatient care is projected to grow at a compound annual growth rate (CAGR) of 15.1% from 2021 to 2028. This forecast indicates a significant increase in the adoption and utilization of telemedicine services in outpatient settings over the specified period. The CAGR helps quantify the annual growth rate of telemedicine services and provides insights into the potential expansion and impact of telemedicine on outpatient care delivery. As such, this statistic implies a positive trend towards leveraging telemedicine technologies to enhance access to healthcare services for patients in outpatient settings and may signify a shift towards more remote and virtual healthcare delivery models in the future.

The global ambulatory services market was valued at $7.7 trillion in 2019.

The statistic “The global ambulatory services market was valued at $7.7 trillion in 2019” indicates the total monetary worth of ambulatory services worldwide for that particular year. Ambulatory services refer to medical services provided on an outpatient basis, such as doctor’s visits, diagnostic tests, and minor procedures that do not require overnight hospitalization. The substantial value of $7.7 trillion suggests the significance and scale of the ambulatory services industry on a global level, highlighting the widespread demand for outpatient healthcare services as an essential component of overall healthcare delivery. This statistic captures the economic magnitude and market size of ambulatory care services in 2019, illustrating the industry’s substantial contribution to healthcare provision and economies worldwide.

U.S. ambulatory health care services industry’s growth rate was approximately 16% between 2018 and 2021.

The statistic indicates that the U.S. ambulatory health care services industry experienced a significant growth rate of approximately 16% over the 3-year period from 2018 to 2021. This growth rate suggests a substantial expansion in the industry’s size and economic activity during this timeframe. Factors such as an increasing demand for outpatient medical services, advancements in technology and healthcare delivery models, and changes in healthcare policies and regulations may have contributed to this growth. The statistic highlights the industry’s resilience and potential for continued development in the future.

Ambulatory surgery accounts for 50% of all surgical procedures.

The statistic “Ambulatory surgery accounts for 50% of all surgical procedures” indicates that half of all surgical procedures are conducted on an outpatient basis, where patients do not require overnight hospitalization and can return home the same day. This highlights a significant shift in the healthcare industry towards more efficient and cost-effective surgical practices. Ambulatory surgery centers have become increasingly popular for minor and routine procedures due to their convenience, reduced infection risks, and lower costs compared to traditional inpatient hospital settings. This statistic underscores the importance of ambulatory care in modern healthcare delivery and demonstrates its sizable contribution to overall surgical volume.

The number of operating rooms for outpatient procedures increased up to 51.8%.

The statistic “The number of operating rooms for outpatient procedures increased up to 51.8%” indicates a significant rise in the availability of operating rooms dedicated to outpatient medical procedures. This increase suggests that healthcare facilities are expanding their capacity to accommodate procedures that do not require overnight stays, reflecting a trend towards more efficient and cost-effective healthcare delivery. A 51.8% increase in the number of operating rooms for outpatient procedures is a substantial growth rate, indicating a strong focus on outpatient care and potentially leading to reduced wait times and improved access to medical services for patients seeking non-emergency treatments.

References

0. – https://www.www.prnewswire.com

1. – https://www.www.kff.org

2. – https://www.www.bea.gov

3. – https://www.www.statista.com

4. – https://www.www.cdc.gov

5. – https://www.www.grandviewresearch.com

6. – https://www.ycharts.com

7. – https://www.www.ibisworld.com

8. – https://www.www.beckersasc.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!