Forecast: Ambulatory Health Care Services Gross Output in the US

The gross output of Ambulatory Health Care Services in the US experienced steady growth from 2013 to 2023, reaching a value of 1233.9 billion USD in 2023. From 2013 to 2023, the sector displayed an average yearly growth rate (CAGR) of around 3.25%, with peaks in growth observed in 2015 (5.34%) and 2018 (5.19%). However, growth rates have moderated recently, with the sector showing year-on-year increases of 2.29% and 2.4% in 2022 and 2023, respectively.

Looking ahead, forecasts suggest a continuous, albeit slower, growth trend in the Ambulatory Health Care Services sector. The projected CAGR from 2024 to 2028 stands at 1.58%, indicating a more tempered growth pace compared to the previous decade, with an overall forecasted growth rate of 8.18% over the next five years.

Future trends to watch for include:

• Advancements in telehealth and digital health technologies driving efficiency and accessibility.
• Increased focus on preventive care and chronic disease management.
• Shift towards value-based care models impacting service delivery and reimbursement structures.
• Potential policy changes and healthcare reforms influencing market dynamics.
• Demographic shifts, particularly an aging population, increasing demand for ambulatory services.