Ambulatory Surgical Centers Market

Ambulatory Surgical Centers Market Overview

The report is titled as ‘Ambulatory Surgical Centers Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Ambulatory Surgical Centers market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

The U.S. ambulatory surgical centers market is expected to reach at a value of US$ 800.1 Mn by 2028 end at a CAGR of 6.8%.

Ambulatory Surgery Centers (ASCs) Introduction

Ambulatory surgery centers (ASCs), originated from the latin word ambulare, which conveys “to walk”, refers to the medical facilities that narrows down in providing surgical care and other procedures on the same day, including diagnostic and preventive procedures. ASCs have revolutionized the outpatient experience for gazillions of Americans by offering them a more suitable and convenient substitute to hospital-based outpatient procedures—and performed so with a robust service record of numerous positive patient outcomes and quality care.

The foremost ambulatory surgery center was launched in Phoenix, Arizona, around 50 years ago, when a couple of medical practitioners desired to have an outlet for more personalized and efficient care. Though in the present day and age, the outpatient medical services have broadened their footmark all across the healthcare industry. As a matter of fact, more than 5,000 ASCs are being performed around 35% of all surgeries in the United States. Moreover, the kinds of surgical procedures performed in ASCs have also endured some of the crucial changes in the past few years. Notably, the majority of the early ASCs were outpatient centers majorly for plastic surgery

Rapid increase in the number of surgeries around the world is Expected to Boost the market

There has been a dramatic rise in the general surgery workload owing to the rapid rise in geriatric population in the US, and growing number of chronic medical conditions among the population. As per estimates, the U.S. population is aging swiftly, as in the present times, there are more than 46 million aging adults of around the age of 65 and older residing in the U.S.. Along with an elderly population also comes a rising need for long-term medical care, as well as social services to sustain older adults as they mature.

Other than that, a recent study states that an approximate 48.3 million surgical and nonsurgical proceedings are performed in the US each year. As per estimation, around 25.7 million (53%) ambulatory surgery procedures were performed in hospitals and 22.5 million (47%) were performed in ASCs. Thus, the rising number of surgeries is expected to be a major driver in the future growth of the US ambulatory surgical centers market.

Ambulatory Surgical Centers Market Segmentation

The Ambulatory Surgical Centers market is segmented on the basis of type, specialty, ownership, treatment, and region.

By Type

Hospital affiliated ASCs

Freestanding ASCs

By Specialty

Single specialty centers

Multi-specialty centers

By Ownership

Corporate-Physician

Hospital-Physician

Corporate-Hospital

Corporate Only

Physician Only

Hospital Only

By Treatment

Orthopedic surgeries

Ophthalmology surgeries

Endoscopy

Obstetrics/Gynecology surgeries

Cardiovascular surgeries

Pain management

ENT Surgeries

Neurosurgery

Gastrointestinal surgery

Plastic surgery

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Ambulatory Surgical Centers Market Key Players

Some of the key participating players in Ambulatory Surgical Centers market are:

TH Medical

AmSurg

Surgical Care Affiliates

SurgCenter

Covenant Surgical Partners

Regent Surgical Health

ASD Management

Ambulatory Surgical Centers of America

Surgery Partners

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Global Healthcare Industry Outlook

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Growth in investment in healthcare sector

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.