Outpatient Care - North America | Statista Market Forecast

In North America, specifically United States, the Outpatient Care market is anticipated to achieve a substantial revenue of US$773.00bn by the year 2024.
This projection indicates an annual growth rate (CAGR 2024-2029) of 4.38%, ultimately leading to a market volume of US$957.90bn by 2029.
It is noteworthy that, in a global context, United States is expected to generate the highest revenue, amounting to US$744.80bn in 2024.
In North America, the trend in outpatient care is a shift towards telemedicine and virtual visits, particularly in the United States.

Definition:
Outpatient Care refers to medical and surgical services that are provided to patients who do not require an overnight stay in a hospital. It covers a wide range of services, including diagnostic tests, procedures, and treatments that are performed on an outpatient basis (e.g., doctor consultations, diagnostic services, and laboratory tests). Hospital outpatient care is designed to provide convenient, efficient, and cost-effective medical care to patients, allowing them to receive medical attention without having to spend the night in a hospital. This reduces the overall cost of healthcare and increases accessibility to medical services.

Additional information:
The Outpatient Care market comprises revenues and average revenue per capita. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Ambulatory care by hospitals
Minor surgical procedures
Clinic visits by patients
Checkups
Emergency department visits

Inpatient care
Day care
Long-term care
Home-based care

The Outpatient Care market in North America has been steadily growing in recent years.

Customer preferences: Customers in North America have shown a preference for outpatient care due to its convenience and cost-effectiveness. Outpatient care allows patients to receive medical treatment without having to stay overnight in a hospital, which can be both expensive and time-consuming. Additionally, outpatient care centers often offer a wider range of services than traditional hospitals, including specialized treatments and procedures.

Trends in the market: One trend that has been observed in the North American Outpatient Care market is the increasing use of technology. Many outpatient care centers are adopting new technologies to improve patient care and streamline operations. For example, some centers are using telemedicine to provide remote consultations and follow-up care, while others are implementing electronic health records to improve communication and coordination between healthcare providers.Another trend in the North American Outpatient Care market is the growing demand for specialized services. As healthcare becomes more personalized, patients are seeking out specialized treatments and procedures that are tailored to their specific needs. This has led to the emergence of specialized outpatient care centers that focus on areas such as cancer treatment, orthopedics, and women's health.

Local special circumstances: There are several local special circumstances that are driving the growth of the North American Outpatient Care market. One of these is the aging population. As the baby boomer generation continues to age, there is an increasing demand for healthcare services, including outpatient care. Additionally, the rising prevalence of chronic diseases such as diabetes and heart disease is driving demand for outpatient care services.Another local circumstance is the increasing emphasis on preventive care. Many healthcare providers in North America are shifting their focus from treating illnesses to preventing them. This has led to the development of outpatient care services that focus on preventive care, such as wellness programs and health screenings.

Underlying macroeconomic factors: Several macroeconomic factors are driving the growth of the North American Outpatient Care market. One of these is the increasing cost of healthcare. As healthcare costs continue to rise, many patients are seeking out more affordable alternatives to traditional hospital care. Outpatient care centers are often less expensive than hospitals, making them an attractive option for cost-conscious patients.Another macroeconomic factor is the increasing focus on value-based care. In recent years, there has been a shift towards paying healthcare providers based on the quality of care they provide, rather than the quantity of services they deliver. This has led to the development of outpatient care services that focus on delivering high-quality, cost-effective care to patients.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

In recent years, a clear shift from inpatient to outpatient care has changed the face of healthcare, impacting operations, business models, staffing, and capital. Ambulatory centers carry out increasing numbers of medical procedures following advancements in healthcare technologies, cost management incentives, and consumer-focused services. There is a significant rise in the utilization of non-traditional sites of service such as ambulatory surgery centers, community health centers, primary care clinics, and telehealth. Employment in U.S. Ambulatory health care services has considerably grown over the years. Since 2007, according to the number of ambulatory care establishments in the U.S., nearly a hundred thousand ambulatory care establishments have opened across the country.