Ambulatory Surgical Centers Market size to exceed $95bn by 2025

Ambulatory Surgical Centers Market size is set to exceed USD 95 billion by 2025; according to a new research report by Global Market Insights. Also, the volume of surgery type procedures in 2018 accounted for around 64,000 thousand procedures and the number is poised to grow substantially over the forecast period.
 

Rising government investments in expansion and development of ambulatory facilities will drive same day surgical centers market growth. Several benefits including rising accessibility, minimum risk of hospital acquired infections and reduced procedural costs will favor ambulatory surgical centers industry growth. Moreover, the U.S. initiated Medicare, a national health insurance program under Affordable Care Act (ACA) for secured patient health management. The Medicare covers surgical procedures signified in about 3,500 Healthcare Common Procedure Coding System (HCPCS) codes under the ambulatory surgical centers payment system. Thus, massive demand for these centers,  increasing government initiatives and improvements in healthcare facilities should augment ambulatory surgical centers business growth.



Request Sample Buy NowInquiry Before Buying

 

Furthermore, growing demand for minimally invasive procedures being performed in day care surgery centers will render positive impact on the industry growth. Various advantages associated with minimally invasive procedures including reduced pain and minimum scarring increases patient preference towards these centers. Moreover, same day surgical care centers offer advanced surgical technologies and affordable treatments that should further accelerate the business growth. However, high costs associated with medical devices may restrict ambulatory surgical centers industry growth during the analysis timeframe.
 

U.S. Ambulatory Surgical Centers Market, By Surgery Type, 2018 & 2025 (USD Million, 000’ Procedures)
Ambulatory Surgical Centers Market

Get more details on this report - Request Free Sample PDF
 

Corporation only segment was valued over 5.9 billion in 2018 and will witness momentous growth over the analysis period. Corporation only ASCs are totally owned by management companies and are provided to medical practitioners to carry out surgical procedures. Moreover, availability of different surgeons to carry out surgical procedures for numerous specialties should augment the same day surgical center business growth.
 

Ophthalmology segment held significant revenue share in 2018 and is anticipated to witness around 4.5% CAGR during the forecast period. Segment growth is attributable to growing incidence of eye diseases such as cataract and night blindness among others. Same day surgical centers provide immediate and corrective patient care, thereby enhancing business growth.
 

Multi-specialty segment was valued over 29 billion in 2018 and is expected to experience lucrative growth over the coming years. Multiple services including reimbursement policies offered by multi-specialty ASCs will boost the demand for outpatient surgery centers. Advancements in healthcare facilities have enable multispecialty centers to perform substantial number of acuity cases, thereby accelerating the segment growth.
 

Diagnosis segment held more than 22% revenue share in 2018 and will witness significant CAGR by 2025. Technological advancements in medical devices for disease diagnosis ensure quick delivery of health results. Rising preference towards ambulatory surgical centers owing to effective diagnosis as compared to hospital settings will further propel business growth.
 

Browse key industry insights spread across 220 pages with 394 market data tables & 9 figures & charts from the report, “Ambulatory Surgical Centers Market Size By Ownership (Physician Only, Hospital Only, Corporation Only, Physician & Hospital, Physician & Corporation, Hospital & Corporation), By Surgery Type (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry, Others), By Specialty Type (Single Specialty, Multi-specialty) By Service (Diagnosis, Treatment), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, Australia, Singapore, Malaysia, Hong Kong, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Kuwait, Qatar, Israel), Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ambulatory-surgical-centers-market
 

North America ambulatory surgical centers market was valued around USD 27 billion in 2018. Rising health concerns and awareness regarding outpatient surgery centers among population will boost the regional industry growth. Additionally, growing number of freestanding ambulatory surgery centers in the U.S. will augment North America same day surgical center industry growth.
 

Notable business players functioning in ambulatory surgical centers market include Physicians Endoscopy, Ambulatory Surgical Centers of America, Proliance Surgeons, Hospital Corporations of America, Surgical Care Affiliates, Covenant Surgical Partners, AmSurg, Regent Surgical Health, Surgcenter Development, ASD Management, Surgical Management Professionals and Surgery Partners. Several initiatives undertaken by business players such as partnerships and mergers will prove beneficial for industry growth. For instance, in May 2017, AMSURG, acquired LASIK Center & Horizon Eye Specialists, an Arizona based ophthalmology practice. This strategy led to introduction of a new practice partnership model to ensure firm’s long-term growth. Furthermore, in November 2017, Covenant Surgical Partners partnered with the physicians and staff of Mid-South Gastroenterology Group in Memphis, Tennessee. This strategic partnership strengthened the company’s position as a provider of physician services in gastroenterology and led to business expansion.
 

Inquiry Before BuyingRequest Sample
 

Ambulatory Surgical Centers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:
 

Ambulatory Surgical Centers Market By Ownership, 2014-2025 (USD Million)

  • Physician Only
  • Hospital Only
  • Corporation Only
  • Physician & Hospital
  • Physician & Corporation
  • Hospital & Corporation

Ambulatory Surgical Centers Market By Surgery Type, 2014-2025 (USD Million, 000’ Procedures)

  • Dental
  • Otolaryngology
  • Endoscopy
  • Obstetrics / Gynecology
  • Ophthalmology
  • Orthopedic
  • Cardiovascular
  • Neurology
  • Plastic Surgery
  • Podiatry
  • Others

Ambulatory Surgical Centers Market By Specialty Type, 2014-2025 (USD Million)

  • Multi-specialty
  • Single-specialty

Ambulatory Surgical Centers Market By Service, 2014-2025 (USD Million)

  • Diagnosis
  • Treatment

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • Malaysia
    • Hong Kong
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East Asia & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Israel

 

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X