KD Market research has presented a detailed report on
“Ambulatory
Surgery Market in India 2018: – Forecast to 2023” which
includes the major application, advantages, and key market trends that are
fostering the growth of the market during the forecasted span of 6 years. The
research takes a step forward and analyzes the key competitors and global
regions that are holding the market share of Ambulatory Surgery Market
in India in terms of revenue.
Ambulatory surgery is a surgical procedure that allows
patients to return home on the same day of the surgery. Such surgery centers
can be either standalone units, or attached/affiliated to hospitals. Currently,
with rapid technological advancements in the Indian healthcare sector, ~60% of
all surgeries can be performed at short-stay surgery centers. Ambulatory care
services are provided at various healthcare facilities like dialysis clinics,
ambulatory surgical centers, hospital outpatient departments, and outpatient
clinics, among others.
Request for sample copy of this report@ https://www.kdmarketresearch.com/sample/3087
Global market overview:
As of 2018, 60% of surgeries performed globally are day care
or short stay surgeries. The global ambulatory service market is expected to
reach INR 242 Tn by 2024, growing at a CAGR of ~6% from INR 155 Tn in 2016.
The major factors boosting 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.
AmSurg Corp., Surgery Partners, Symbion, and IntergraMed America, Inc., among others, are some of the major players operating in the global ambulatory services market.
India market overview:
The ambulatory surgery market has immense potential for
growth in India, since the country is currently burdened with more than 20% of
the world’s diseases, but 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.
In the last few years, there has been a significant increase in ambulatory surgery centers in the fields of ophthalmology, gastroenterology, and orthopaedics, among others. It is expected that by 2020, 75% of the surgeries performed in India will be ambulatory surgeries, as compared to 43% in 2016. Hospitals are allotting some of their beds to ambulatory surgery centers, for efficient asset utilization.
Hospital integrated units, hospital autonomous units,
hospital satellite units, and freestanding units are the different formats of
ambulatory surgery centers in India. Hospital integrated units share facilities
like operation theater (OT), outpatient department (OPD), and the healthcare
workforce with the hospital, without the nursing staff. Freestanding units are
autonomous units that have all the facilities like pharmacies, diagnostic labs,
operation theaters, outpatient departments, dedicated workforce, and full-time
consultants.
Healthcare centers specializing in eye care, dialysis, and
oncology treatment have the same format as ambulatory surgical centers. It is
expected that by the end of 2020, more ambulatory surgical centres specializing
in oncology will be established in Tier II and Tier III cities in India, to
meet the increasing demand for radiation therapy and healthcare consultancy
services.
In 2015, the Indian ambulatory surgery market was valued at
INR 250 Bn, and it is expected to grow at a CAGR of ~15% during the forecasted
period.
Key growth drivers of the market:
The factors driving market growth are high demand for
ambulatory care centers in various therapeutic areas, cost-effectiveness,
advancements in the healthcare sector, and lack of proper medical facilities in
India.
India lacks proper medical facilities for a number of
diseases like cataract, cancer, and acute kidney diseases, among others. As of
2016, ~0.2 Mn people needed dialysis treatment every year in India, whereas
there were only 0.4 dialysis centers per Mn people. In India, 95% of medical
colleges do not provide comprehensive cancer care services that include
surgical, medical, and radiation oncology departments, in the same campus.
Thus, there is scope to establish more day care centers that will meet the
rising demand for healthcare facilities in the country.
As of 2017, medical inflation in India was 15%, while the
government’s expenditure on healthcare was around 1.4% of the GDP. More
ambulatory surgery centers need to be set up to provide surgery treatments on
an outpatient basis, thereby reducing expenditure on hospital stays.
The public healthcare system in India is plagued with
underfunded hospitals and clinics, and ineffective health schemes. Rising
patient inflow from rural areas to metropolitan cities for healthcare services,
and lack of hospital beds, have led to the inception of day care surgery or
ambulatory surgery centers (ASC). In 2016, it was reported that India had 0.9
hospital beds per 1,000 people, which is lowest among the BRIC nations. These
are the key factors driving the growth of ambulatory care services across the
country.
Key challenges of the market:
·
The major challenges affecting market growth are
diagnostic errors, and challenges with regard to post-operative care.
·
Patients have to be diagnosed quickly at
ambulatory surgery centres, which can lead to inaccurate diagnosis, and
improper treatment by medical practitioners.
·
Ambulatory surgery centers discharge their
patients on the same day of the surgery. This acts as a challenge in providing
proper post-operative care and controlling infections may become difficult.
Competitive Landscape:
Some of the key players operating in the market are:
o Dr. Agarwal’s Eye Hospital Limited
o Fortis Healthcare Limited
o Apollo Health and Lifestyle Limited
o CARE Hospitals Private Limited
o Max Healthcare Institute Limited
o Sankara Nethralaya Private Limited
o Vasan Healthcare Private Limited
o Columbia Asia Hospitals Private Limited
Fortis Healthcare Limited provides ambulatory healthcare
services for emergencies, non-invasive image processing, echocardiography,
cardiovascular CT, and thallium heart mapping, among others.
Apollo Health and Lifestyle Limited operates Apollo Spectra
Hospitals, which are short stay or day surgery hospitals. As of March 31, 2017,
the company had 11 short surgical stay centers across India and abroad.
CARE Hospitals Private Limited operates CARE Outpatient
Centers in India, which offer day care surgeries in various therapeutic areas
like ENT, gynecology, orthopedics, ophthalmology, vascular surgery, general
surgery, and cosmetic and plastic surgery.
Browse Complete Research Report with toc@
Table of content
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Ambulatory surgery market definition & structure
3.1. Ambulatory surgery market definition & structure
Chapter 4: Global ambulatory service market - overview
4.1. Ambulatory service market size & growth forecast
4.2. Ambulatory service market segmentation - Type-wise
o Primary care offices
o Outpatient departments
o Others
Chapter 5: Indian ambulatory surgery market - overview
5.1. Ambulatory surgery market size & growth forecast
5.2. Day care delivery format
5.3. Healthcare segments appropriate for day care delivery format
Chapter 6: Key growth drivers of the market
Chapter 7: Key challenges of the market
Chapter 8: Competitive landscape
8.1. Dr. Agarwal’s Eye Hospital Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.2. Fortis Healthcare Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.3. Apollo Health and Lifestyle Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.4. CARE Hospitals Private Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.5. Max Healthcare Institute Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.6. Sankara Nethralaya Private Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.7. Vasan Healthcare Private Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
8.8. Columbia Asia Hospitals Private Limited
o Corporate information
o Business description
o Products & services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios (public companies)
o Business segments, geographic segments (public companies)
Chapter 9: Recent developments
Chapter 10: Appendix
Check Exclusive Discount on this Report @ https://www.kdmarketresearch.com/discount/3087
About Us:
KD Market Research is one of the best market research
organization that provides B2B research on the growth opportunities of the
industry which is the prime factor of the overall revenue of the organization.
We identify the pain points which our client is facing around revenue methods
and provide them with a comprehensive database which helps them to make
intelligent decisions that could ensure growth to the organization.
Our Services include market intelligence, competitive
intelligence, and customized research. These research reports help the
organizations to make quick and powerful decisions that make out highest growth
in revenue.
Contact us-
KD Market
Research
150 State Street,
Albany,
New York, USA 12207
No comments:
Post a Comment