The global ambulatory surgical centers market is poised for significant growth, projected to achieve a remarkable Compound Annual Growth Rate (CAGR) of 5.77% during the forecast period from 2024 to 2030. This robust market expansion can be attributed to various factors that underscore the increasing demand for multispecialty ambulatory surgical centers.
One key driving force behind this upward trajectory is the escalating preference for ambulatory surgical centers over traditional hospital settings. The inherent advantage of lower expenditure associated with ambulatory centers compared to hospitals has become a pivotal factor influencing patient choices. This cost-effectiveness, coupled with favorable reimbursement scenarios, is expected to contribute substantially to the burgeoning market.
Moreover, the heightened awareness of the reduction in the risk of infections in ambulatory surgical centers serves as an additional catalyst for market growth. Patients are increasingly recognizing the benefits of undergoing surgical procedures in these centers, where the controlled environment minimizes the risk of infections, thereby ensuring a safer healthcare experience.
The multifaceted appeal of ambulatory surgical centers is not limited to cost considerations alone. The efficiency and convenience offered by these centers, characterized by shorter waiting times and streamlined processes, further contribute to their attractiveness. This is particularly relevant in today's fast-paced world, where patients seek prompt and efficient healthcare solutions.
Additionally, the evolving landscape of healthcare, marked by advancements in technology and medical practices, is fostering the growth of specialized ambulatory surgical centers. The rising trend of multispecialty centers that cater to a diverse range of medical procedures is reshaping the healthcare ecosystem, and creating new avenues for market expansion.
In conclusion, the ambulatory surgical centers market is on a trajectory of substantial growth during the forecast period. The confluence of factors such as cost-effectiveness, favorable reimbursement scenarios, reduced infection risks, and the emergence of multispecialty centers positions ambulatory surgical centers as a vital component of the evolving healthcare landscape, contributing significantly to the overall improvement of patient care and experience.
The escalating demand for ambulatory surgical centers is not only attributable to the prevalence of chronic conditions but is also fueled by the surge in minimally invasive surgical procedures globally. Furthermore, the rapid growth of the geriatric population amplifies the need for specialized healthcare solutions, where ambulatory surgical centers play a pivotal role. This demographic shift necessitates adaptable and efficient healthcare services, aligning perfectly with the attributes of ambulatory surgical centers.
The expanding landscape of outpatient services is yet another factor propelling the demand for ambulatory surgical centers. These centers offer numerous advantages, including increased efficiency, elimination of superfluous services, and a notable reduction in overall treatment costs. The design philosophy behind ambulatory surgical centers is geared towards maximizing operational efficiency while maintaining a patient-centric approach. This dual focus on effectiveness and cost-effectiveness positions ambulatory surgical centers as integral components of the evolving healthcare paradigm.
In conclusion, the interplay of factors, including the rising prevalence of chronic disorders, the global presence of influential market players, the growth of minimally invasive procedures, the expanding geriatric population, and the development of outpatient services, collectively propel the ambulatory surgical centers market. The forecast period from 2024 to 2030 is anticipated to witness sustained growth driven by these compelling dynamics, underscoring the pivotal role ambulatory surgical centers play in meeting the evolving healthcare needs of the global population.
However, the lack of skilled professionals in underdeveloped regions and the presence of multispecialty hospitals among others may prove to be challenging factors for ambulatory surgical centers market growth.
In the type segment of the ambulatory surgical centers market, hospital-affiliated ambulatory surgical centers are anticipated to hold a substantial revenue share in 2023. This prominence can be attributed to the escalating number of surgical procedures conducted in such facilities and the increasing availability of reimbursement options for these procedures.
For example, data from the Ambulatory Surgery Center Association in 2021 reveals the presence of over 6,000 hospital-affiliated ambulatory surgical centers in the United States alone. Notably, these centers account for more than half of the outpatient surgery market, overseeing approximately 23 million procedures annually.
Furthermore, hospital-affiliated ambulatory surgical centers specialize in outpatient surgeries characterized by a lower risk of postoperative complications, facilitating manageable recoveries at home. The appeal of these centers lies in their ability to provide multiple advantages, including reduced discomfort, enhanced mobility, lower infection risks, and improved recovery outcomes.
The demand for hospital-affiliated ambulatory surgical centers is poised to surge, driven by the aforementioned factors. This surge is expected to translate into considerable growth for this category, making a significant contribution to the overall expansion of the global ambulatory surgical centers market throughout the forecast period. The prevalence of such centers, coupled with their proven benefits in terms of patient outcomes and recovery experiences, positions them as key players in the evolving landscape of ambulatory surgical care.
The rising demand for ambulatory surgical centers is driven by factors such as an expanding patient pool afflicted by chronic diseases, including cardiovascular and urological conditions. Additionally, the growing number of elderly individuals in North America, who are more susceptible to cardiovascular, neurological, and urological disorders, is another pivotal factor influencing the increased need for ambulatory surgical centers. According to the U.S. Census Bureau in 2021, there were more than 54 million adults aged 65 and older in the United States, and this number is projected to reach 85.7 million by 2050.
Moreover, the region benefits from a heightened awareness of minimally invasive surgical procedures and the favorable reimbursement landscape observed in ambulatory surgical centers. The increasing demand for technologically advanced imaging systems within these centers further propels market growth. Notably, initiatives and substantial investments by governments, various organizations, and key industry players to enhance healthcare infrastructure in North America are expected to provide a significant impetus to the market growth of ambulatory surgical centers.
Therefore, the interplay of these factors creates a conducive growth environment for North America in the ambulatory surgical centers market. The region is positioned as a key player in advancing healthcare solutions, driven by the collective efforts of stakeholders to meet the evolving needs of the population and improve overall health outcomes.
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One key driving force behind this upward trajectory is the escalating preference for ambulatory surgical centers over traditional hospital settings. The inherent advantage of lower expenditure associated with ambulatory centers compared to hospitals has become a pivotal factor influencing patient choices. This cost-effectiveness, coupled with favorable reimbursement scenarios, is expected to contribute substantially to the burgeoning market.
Moreover, the heightened awareness of the reduction in the risk of infections in ambulatory surgical centers serves as an additional catalyst for market growth. Patients are increasingly recognizing the benefits of undergoing surgical procedures in these centers, where the controlled environment minimizes the risk of infections, thereby ensuring a safer healthcare experience.
The multifaceted appeal of ambulatory surgical centers is not limited to cost considerations alone. The efficiency and convenience offered by these centers, characterized by shorter waiting times and streamlined processes, further contribute to their attractiveness. This is particularly relevant in today's fast-paced world, where patients seek prompt and efficient healthcare solutions.
Additionally, the evolving landscape of healthcare, marked by advancements in technology and medical practices, is fostering the growth of specialized ambulatory surgical centers. The rising trend of multispecialty centers that cater to a diverse range of medical procedures is reshaping the healthcare ecosystem, and creating new avenues for market expansion.
In conclusion, the ambulatory surgical centers market is on a trajectory of substantial growth during the forecast period. The confluence of factors such as cost-effectiveness, favorable reimbursement scenarios, reduced infection risks, and the emergence of multispecialty centers positions ambulatory surgical centers as a vital component of the evolving healthcare landscape, contributing significantly to the overall improvement of patient care and experience.
Ambulatory Surgical Centers Market Dynamics:
Driving the momentum in the ambulatory surgical centers market is the escalating prevalence of chronic disorders necessitating minor procedures, coupled with the global presence of numerous influential players. A pivotal illustration of this trend is evident in the 2021 data from the World Health Organization (WHO), revealing cardiovascular diseases (CVDs) as the predominant cause of worldwide mortality. In 2019 alone, approximately 17.9 million individuals succumbed to CVDs, accounting for 32% of all global deaths, with heart attacks and strokes contributing to 85% of these fatalities. Addressing the treatment of CVDs within ambulatory surgical centers has the potential to significantly reduce mortality rates, consequently driving heightened demand for these centers.The escalating demand for ambulatory surgical centers is not only attributable to the prevalence of chronic conditions but is also fueled by the surge in minimally invasive surgical procedures globally. Furthermore, the rapid growth of the geriatric population amplifies the need for specialized healthcare solutions, where ambulatory surgical centers play a pivotal role. This demographic shift necessitates adaptable and efficient healthcare services, aligning perfectly with the attributes of ambulatory surgical centers.
The expanding landscape of outpatient services is yet another factor propelling the demand for ambulatory surgical centers. These centers offer numerous advantages, including increased efficiency, elimination of superfluous services, and a notable reduction in overall treatment costs. The design philosophy behind ambulatory surgical centers is geared towards maximizing operational efficiency while maintaining a patient-centric approach. This dual focus on effectiveness and cost-effectiveness positions ambulatory surgical centers as integral components of the evolving healthcare paradigm.
In conclusion, the interplay of factors, including the rising prevalence of chronic disorders, the global presence of influential market players, the growth of minimally invasive procedures, the expanding geriatric population, and the development of outpatient services, collectively propel the ambulatory surgical centers market. The forecast period from 2024 to 2030 is anticipated to witness sustained growth driven by these compelling dynamics, underscoring the pivotal role ambulatory surgical centers play in meeting the evolving healthcare needs of the global population.
However, the lack of skilled professionals in underdeveloped regions and the presence of multispecialty hospitals among others may prove to be challenging factors for ambulatory surgical centers market growth.
Ambulatory Surgical Centers Market Segment Analysis:
Ambulatory Surgical Centers Market By Type (Hospital-Affiliated Ambulatory Surgical Centers [Single-Specialty Centers and Multi-Specialty Centers], and Freestanding Ambulatory Surgical Centers [Single-Specialty Centers and Multi-Specialty Centers]), Application (Gastroenterology, Ophthalmology, Orthopedics, Pain/Neurology, Urology, Dermatology), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).In the type segment of the ambulatory surgical centers market, hospital-affiliated ambulatory surgical centers are anticipated to hold a substantial revenue share in 2023. This prominence can be attributed to the escalating number of surgical procedures conducted in such facilities and the increasing availability of reimbursement options for these procedures.
For example, data from the Ambulatory Surgery Center Association in 2021 reveals the presence of over 6,000 hospital-affiliated ambulatory surgical centers in the United States alone. Notably, these centers account for more than half of the outpatient surgery market, overseeing approximately 23 million procedures annually.
Furthermore, hospital-affiliated ambulatory surgical centers specialize in outpatient surgeries characterized by a lower risk of postoperative complications, facilitating manageable recoveries at home. The appeal of these centers lies in their ability to provide multiple advantages, including reduced discomfort, enhanced mobility, lower infection risks, and improved recovery outcomes.
The demand for hospital-affiliated ambulatory surgical centers is poised to surge, driven by the aforementioned factors. This surge is expected to translate into considerable growth for this category, making a significant contribution to the overall expansion of the global ambulatory surgical centers market throughout the forecast period. The prevalence of such centers, coupled with their proven benefits in terms of patient outcomes and recovery experiences, positions them as key players in the evolving landscape of ambulatory surgical care.
North America is expected to dominate the overall Ambulatory Surgical Centers Market:
In the realm of global ambulatory surgical centers, North America is poised to maintain its dominance in 2023 and is anticipated to uphold this position throughout the forecast period from 2024 to 2030. Several factors contribute to this expected supremacy, including the growing preference for ambulatory surgical centers among both physicians and patients in the region.The rising demand for ambulatory surgical centers is driven by factors such as an expanding patient pool afflicted by chronic diseases, including cardiovascular and urological conditions. Additionally, the growing number of elderly individuals in North America, who are more susceptible to cardiovascular, neurological, and urological disorders, is another pivotal factor influencing the increased need for ambulatory surgical centers. According to the U.S. Census Bureau in 2021, there were more than 54 million adults aged 65 and older in the United States, and this number is projected to reach 85.7 million by 2050.
Moreover, the region benefits from a heightened awareness of minimally invasive surgical procedures and the favorable reimbursement landscape observed in ambulatory surgical centers. The increasing demand for technologically advanced imaging systems within these centers further propels market growth. Notably, initiatives and substantial investments by governments, various organizations, and key industry players to enhance healthcare infrastructure in North America are expected to provide a significant impetus to the market growth of ambulatory surgical centers.
Therefore, the interplay of these factors creates a conducive growth environment for North America in the ambulatory surgical centers market. The region is positioned as a key player in advancing healthcare solutions, driven by the collective efforts of stakeholders to meet the evolving needs of the population and improve overall health outcomes.
Ambulatory Surgical Centers Market Key Players:
Some of the key market players operating in the ambulatory surgical centers market include AMSURG, Surgical Care Affiliates, HCA Healthcare, Tenet Healthcare, Surgery Partners, Cerner Corporation, United Surgical Partners International, Hunterdon Healthcare, Surg Center Gilbert, Beaumont Health, Ambulatory Surgical Centers of America, Center for Health Ambulatory Surgery Centers, TeamHealth, Pediatrix Medical Group, Quoram Health Corporation, and others.Recent Developmental Activities in the Ambulatory Surgical Centers Market:
- In January 2021, T.H. Medical announced the plans to acquire up to about 25 to 40 ambulatory surgical centers. The company plans to spend an estimated USD 150 million on the acquisition of these surgery centers.
- In January 2018, Medical Facilities Corporation announced an agreement with NueHealth LLC to form a joint venture and acquire seven ambulatory surgical centers from Meridian Surgical Partners of Brentwood.
Key Takeaways From the Ambulatory Surgical Centers Market Report Study
- Market size analysis for current ambulatory surgical centers market size (2023), and market forecast for 6 years (2024-2030)
- Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
- Key companies dominating the global ambulatory surgical centers market.
- Various opportunities available for the other competitor in the ambulatory surgical centers market space.
- What are the top-performing segments in 2023? How these segments will perform in 2030.
- Which are the top-performing regions and countries in the current ambulatory surgical centers market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for ambulatory surgical centers market growth in the coming future?
Target Audience who can be benefited from this Ambulatory Surgical Centers Market Report Study
- Ambulatory Surgical Center Service providers
- Research organizations and consulting companies
- Ambulatory Surgical Centers, organizations, associations, forums, and other alliances
- Government and corporate offices
- Start-up companies, venture capitalists, and private equity firms
- Distributors and Traders dealing in services related to ambulatory surgical centers
- Various end-users who want to know more about the ambulatory surgical centers market and the latest technological developments and services provided in the ambulatory surgical centers market.
Frequently Asked Questions for Ambulatory Surgical Centers Market:
1. What is an ambulatory surgical centre?
An Ambulatory Surgical Center (ASC), also known as an outpatient surgery center or same-day surgery center, is a healthcare facility that provides surgical and certain medical procedures to patients who do not require overnight hospitalization. Ambulatory surgical centers are designed to offer a convenient and efficient alternative to traditional hospital-based surgeries, particularly for procedures that do not necessitate an extended hospital stay. They are fully equipped with operating room capabilities for on-site surgical procedures. They are mostly suitable for all forms of minor and non-invasive procedures.2. What is the global market for ambulatory surgical centres?
The global ambulatory surgical centers market is poised for significant growth, projected to achieve a remarkable Compound Annual Growth Rate (CAGR) of 5.77% during the forecast period from 2024 to 2030.3. What are the drivers for the global ambulatory surgical centres market?
The ambulatory surgical centres market is witnessing positive market growth owing to the factors such as the growing prevalence of various chronic disorders such as cardiovascular, neurological, urological, and others, rising demand for imaging devices in the diagnosis of a disease within ambulatory surgical centres, growing technological developments in the imaging devices observed in ambulatory surgical centres, increasing imaging and diagnosis within ambulatory surgical centres, increasing product launches and approvals, presence of key players in the market, and others will create an exigency for the ambulatory surgical centres market.4. Who are the key players operating in the global ambulatory surgical centres market?
Some of the key market players operating in the ambulatory surgical centres market include AMSURG, Surgical Care Affiliates, HCA Healthcare, Tenet Healthcare, Surgery Partners, Cerner Corporation, United Surgical Partners International, Hunterdon Healthcare, Surg Center Gilbert, Beaumont Health, Ambulatory Surgical Centers of America, Center for Health Ambulatory Surgery Centers, TeamHealth, Pediatrix Medical Group, Quoram Health Corporation, and others.5. Which region has the highest share in the ambulatory surgical centres market?
Among all the regions, North America is estimated to amass a significant revenue share in the global ambulatory surgical centres market. This can be ascribed to the increasing demand for ambulatory surgical centres among physicians and patients in the region owing to the increasing prevalence of various chronic diseases. Further, increasing imaging and diagnosis within ambulatory surgical centres and the presence of key market players in the region are the reasons which act as a supportive factor for the North America ambulatory surgical centres market growth.This product will be delivered within 2 business days.
Table of Contents
1. Ambulatory Surgical Centers Market Report Introduction7. KOL Views8. Project Approach9. Publisher Capabilities10. About the Publisher11. Disclaimer
2. Ambulatory Surgical Centers Market Executive Summary
3. Ambulatory Surgical Centers Market Key Factors Analysis
4. Ambulatory Surgical Centers Market Porter’s Five Forces Analysis
5. Ambulatory Surgical Centers Market Layout
6. Ambulatory Surgical Centers Market Company and Product Profiles
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AMSURG
- Surgical Care Affiliates
- HCA Healthcare
- Tenet Healthcare
- Surgery Partners
- Cerner Corporation
- United Surgical Partners International
- Hunterdon Healthcare
- Surg Center Gilbert
- Beaumont Health
- Ambulatory Surgical Centers of America
- Center for Health Ambulatory Surgery Centers
- TeamHealth
- Pediatrix Medical Group
- Quoram Health Corporation