Outpatient Clinics Market to Benefit from Rising Prevalence of Chronic Diseases Globally

Outpatient clinics are the healthcare facilities that offer preliminary and emergency healthcare services which do not involve hospitalization to treat a patient. In the past few years, the vast rise in prevalence of chronic diseases and geriatric population have resulted in a vast rise of patient population worldwide. In addition, increasing incidences of road accidents are adding to the global patient population by volumes. Increasing patient pool is ultimately increasing patient admissions in the hospitals globally and thereby increasing economic burden on hospitals. Thus, demand for outpatient clinics is increasing.

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Focus of Governments on Reduction of Financial Burden on Healthcare Systems to Drive Growth
Outpatient clinics are playing important role in order to reduce daily patient admissions and thereby decreasing economic burden on healthcare institutions. Factors such as rising prevalence of chronic diseases, increasing geriatric population, and government initiatives to reduce economic burden on hospitals are driving the global outpatient clinics market. On the other hand, factors such as lack of doctors to attend patients in outpatient clinics, lack of necessary infrastructure in outpatient clinics and patients visiting outpatient clinics daily and stringent regulatory framework are restraining the growth of the global outpatient clinics market.

Asia Pacific to Provide Promising Growth Opportunities
From a geographic standpoint, the market in North America dominates the global outpatient clinics market and is followed by Europe. Factors that are responsible for dominating position of North America in the global outpatient clinics market are highly developed infrastructure, increased healthcare spending, abundant availability of required funds to start outpatient clinics, and government initiative to reduce hospital admissions.

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Asia-Pacific is a lucrative market for outpatient clinics market. Factors such as rapidly developing healthcare infrastructure, availability of healthcare facility and healthcare professionals on the grounds of rapidly increasing medical tourism industry especially in India and China are expected to drive Asia-Pacific outpatient clinics market towards growth. Apart from India and China, Japan will play an important role in the Asia-Pacific outpatient clinics market due to increased initiative by Japanese government to improve healthcare facilities in the country to provide better healthcare services to patient population in Japan.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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