Ambulatory Surgical Centers Market in U.S. to cross USD 37 Bn by 2026

U.S. Ambulatory Surgical Centers Market size is set to surpass USD 37 billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Increasing geriatric population, chronic diseases, and favorable reimbursement scenario will favor the ambulatory surgical centers market growth in U.S. Moreover, availability of minimally invasive treatments in the ambulatory surgical centers is anticipated to fuel the market.

 

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Growing demand for minimally invasive treatments propels patient inflow in ambulatory surgical centers

Growing demand for minimally invasive treatments and the availability of these treatments in ambulatory surgical centers will propel the market growth. Patients are preferring minimally invasive treatments due to several advantages such as shorter hospital stay, cost-effectiveness, less pain, and rapid recovery. Moreover, minimally invasive surgery also offers a higher accuracy rate compared to traditional open surgery, thereby increasing the market demand.
 

United States Ambulatory Surgical Centers Market By Service

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Favorable reimbursement scenario and government policies in the U.S. will favor the market progress

U.S. ambulatory surgical centers (ASCs) services are compensated through a means of determined fee established by Medicaid. As per, Medicaid Alabama 2018 government data, all surgical procedures in outpatient facilities reimburses hospitals on a predetermined basis or else the provider charges less copayment amount. Also, procedures performed at ambulatory surgical centers are classified into different payment groups. All procedures that are in the same payment group are compensated at a single rate. Such favorable reimbursements and government policies will bolster the U.S. ambulatory surgical centers industry growth.
 

Financial stability associated with hospital & corporation contracting model will foster the market growth

Ownership segment of the U.S. ambulatory surgical centers market share include hospital only, corporation only, physician & corporation, physician & hospital, and hospital & corporation. Hospital & corporation segment will grow rapidly with around 7% CAGR, during the forecast timeline. This segment is emerging as the preferred approach for fabricating joint venture partnerships between corporations and hospitals for establishment of ambulatory surgical centers. Such strategic alliances with corporations allow the hospitals to minimize on their financial investment and enhance ASCs reimbursement capabilities.
 

Browse key industry insights spread across 132 pages with 84 market data tables & 9 figures & charts from the report, “U.S. 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, Orthopaedic, Cardiovascular, Neurology, Plastic, Podiatry), By Specialty Type (Single specialty, Multi-specialty), By Service (Diagnosis, Treatment), Industry Analysis Report, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/us-ambulatory-surgical-centers-market
 

Rising dental complications and cost-effective treatment in ambulatory surgical centers will flourish the market growth

Based on surgery type, the U.S. ambulatory surgical centers market is segmented into dental, otolaryngology, endoscopy, obstetrics/gynecology, ophthalmology, orthopaedic, cardiovascular, neurology, plastic surgery, and podiatry. The dental segment is anticipated to be valued at more than USD 1.3 billion by 2026. This is due to increasing incidences of dental complications, infections, and tooth decay across the U.S. Moreover, general dentistry and cosmetic dentistry are very expensive in clinics and hospitals as compared to outpatient facilities. Such positive scenario will pave the way for the segmental growth.
 

Multi-specialty ambulatory surgical centres offer diversified services that will augment the market growth

Based on specialty type, the market is bifurcated into multi-specialty, and single specialty. Multi-specialty ambulatory surgical centers market in U.S. is anticipated to grow at around 5% CAGR, during the forecast timeline. Technological improvements have enabled multispecialty centers to perform substantial number of acuity cases coupled with patient convenience. This has positively impacted the segment growth. Also, diversification of services enables multispecialty centers to manage volatile healthcare market risks, such as compensating reimbursement cuts by escalating volume size.
 

Early disease diagnosis curtails cost-burden on patients that will favor the segment growth

The diagnosis segment accounted for 25% of total market share in 2019. The other segment of the market includes treatment. Added time for specialists to plan the medication before-hand, owing to early-diagnosis, will foster the diagnosis segment growth. Also, early-diagnosis can significantly minimize the cost burden on patients, and this encourages the government to take initiatives to promote early-diagnosis at outpatient centers, thereby bolstering the segment growth.
 

Eminent market players operating in U.S. ambulatory surgical centers focusing on strategic partnerships

Some of the prominent industry players operating in the U.S. ambulatory surgical centers market share are ASD Management, Ambulatory Surgical Centres of America, AMSURG (Envision Healthcare Solution), Covenant Surgical Partners (KKR), Constitution Surgery Alliance, Foundation Healthcare, HCA Healthcare, Medical Facilities Corporation, Nobolis (Elite surgical affiliates), Nuehealth Enterprises, Proliance Surgeons, Physicians Endoscopy, Regent Surgical Health, Surgery Partners, SurgCenter Development, Surgical Care Affiliates, Surgical Management Professionals, and Tenet Healthcare. Industry players primarily focus on strategic alliances including mergers, acquisitions, and partnerships to broaden their customer base and capitalize on market opportunities.
 

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