Outpatient Care Market Grows Rapidly, Poised for 12.1% CAGR Through 2034

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The Global Outpatient Care Market is projected to grow significantly over the next decade. In 2024, the market is estimated to be valued at USD 48.1 billion.

The Global Outpatient Care Market is projected to grow significantly over the next decade. In 2024, the market is estimated to be valued at USD 48.1 billion. By 2034, it is expected to reach approximately USD 150.7 billion, expanding at a strong CAGR of 12.1% from 2025 to 2034. This growth is driven by the rising demand for cost effective, same day medical services and the increasing prevalence of chronic illnesses. Technological advancements and patient preference for minimally invasive treatments also support this upward trend.

In terms of regional performance, North America leads the global outpatient care market. In 2023, it held a dominant share of 37.4%, with revenues reaching around USD 18.0 billion in 2024. The region benefits from a well-established healthcare infrastructure, favorable reimbursement policies, and a growing elderly population. Moreover, a strong presence of outpatient service providers and healthcare technology companies further boosts market expansion in the region.

Looking at the market by type, the outpatient care sector is divided into public and private facilities. The private segment held the majority share in 2023, accounting for 55.3% of the market. This dominance is due to the availability of faster services, advanced equipment, and higher patient satisfaction in private settings. Patients often choose private outpatient care to avoid long waiting times and access specialized treatment with more personalized attention.

By application, the market is categorized into hospitals, ambulatory surgical centers, and others. Hospitals represented a significant portion of the market with a 38.5% share. When examining service types, ambulatory surgical centers emerged as the top performing segment, holding the largest share at 31.2%. These centers are preferred for their convenience, lower costs, and shorter recovery times. Their rising number and expanded service offerings make them a key driver in the global outpatient care landscape.

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