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Ambulatory Surgery Market in India to Expand at 15% CAGR till 2023

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Andrew Thomas
Ambulatory Surgery Market in India to Expand at 15% CAGR till 2023

Research On Global Markets has announced the addition of a market research report titled “Ambulatory Surgery Market in India (2018-2023)” to their offering. According to the report, the ambulatory surgery market in India is predicted to expand at a compound annual growth rate (CAGR) of approximately 15% during the forecasted 2018-2023 period. The last few years has witnessed a massive increase in the number of ambulatory surgery centers in the fields of ophthalmology, gastroenterology, and orthopaedics, among others. According to the report, by 2020, 75% of the surgeries performed in India will be ambulatory surgeries, as against 43% in 2016. Moreover, hospitals are allotting some of their beds to ambulatory surgery centers, for efficient asset utilization.

The research report also indicates that the ambulatory surgery market has immense growth potential in India, as the country is currently burdened with more than 20% of the world's diseases, and has only 6% of the world's hospital beds. Ambulatory surgery is expected to reduce the average cost of treatment by 70%, when compared to the cost of inpatient surgery.  The major factors contributing to 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.

However, inappropriate post-operative care, inaccurate diagnosis, and improper treatment by medical practitioners are some of the major deterrents for the Indian ambulatory surgery market. However, despite these challenges, more ambulatory surgery centres are coming up across the country to combat the ever growing medical inflation, which stood at almost 15% in 2017.

Research On Global Markets tracks the performance of the major players in the ambulatory surgery market in India including Dr. Agarwal's Eye Hospital Limited, Fortis Healthcare Limited, Apollo Health and Lifestyle Limited, CARE Hospitals Private Limited, Max Healthcare Institute Limited, Sankara Nethralaya Private Limited, Vasan Healthcare Private Limited, and Columbia Asia Hospitals Private Limited, among others.

Request for free Customization: https://www.researchonglobalmarkets.com/custom-research.html


Key highlights of this report:

• Global Ambulatory service market size & growth forecast
• Indian Ambulatory service market size & growth forecast
• Ambulatory service market segmentation - Type-wise
• Comprehensive analysis of the healthcare segments appropriate for day care delivery format
• Key market opportunities  
• Key growth drivers of the market
• Key deterrents to the growth of the market
• Analysis of the competitive landscape

This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for ambulatory surgeries in India to determine the viability of the market, develop strategies based on the drivers, and to help brands identify competition and respond accordingly.

For more insights on the ambulatory surgery market in India, click here to download the free sample report.

About Research On Global Markets:
Owned by Netscribes, Research on Global Markets draws from the company’s vast experience in market research and intelligence. For any queries related to our products and services, feel free to get in touch with us at [email protected].
 
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