Ambulatory Surgical Centers Market Size

Ambulatory Surgical Centers Market Size

Ambulatory Surgical Centers Market size was worth more than USD 87.5 billion in 2022 and is projected to expand at over 4.5% CAGR from 2023-2032.

Increasing geriatric population suffering from chronic illnesses worldwide is expected to boost patient visits at ambulatory surgical centers. The elderly population is at higher risk of contracting infectious and chronic ailments due to poor immunity and aging. Chronic diseases are a leading cause of disability and mortality in developing as well as developed nations. This indicates a pressing need for technologically equipped ambulatory surgical centers that can provide superior patient care.

High costs associated with advanced medical devices are a key factor restraining the ambulatory surgical centers market growth. Equipment required for complex surgical procedures is expensive with high procurement, installation, and maintenance costs. Smaller healthcare facilities struggle to keep up with the growing need for sophisticated technologies in neurosurgeries, cardiovascular surgeries, interventional cardiology services, and orthopedic surgeries. On average, a state-of-the-art portable digital X-ray unit costs more than USD 100,000 in the U.S. Even basic equipment such as an operating table costs nearly USD 50,000.