An ambulatory surgery center (ASC) is a specialized medical facility that provides outpatient surgical care, including diagnostic and preventive procedures. It is used to transform the outpatient experience by providing more convenient scheduling, specially trained staff, and equipment best-suited to specific techniques.
Sizing and Forecast
The ambulatory surgery center market size has grown strongly in recent years. It will grow from $78.03 billion in 2023 to $83.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to reimbursement policies, regulatory environment, patient demand for convenience, advances in anesthesia, market competition.
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Segmentation & Regional Insights
The ambulatory surgery center market covered in this report is segmented –
1) By Components: Services, Software, Hardware
2) By Center Type: Single Speciality Centers, Multispecialty Centers
3) By Modality: Hospital-Based Ambulatory Surgical Center, Freestanding Ambulatory Surgical Center
4) By Application: Orthopedics, Pain Management Or Spinal Injections, Gastroenterology, Ophthalmology, Plastic Surgery, Otolaryngology, Obstetrics Or Gynecology, Dental, Podiatry, Other Applications
North America was the largest region in the ambulatory surgery center market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory surgery center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increasing number of surgeries is expected to propel the growth of the ambulatory surgery center market in the coming years. Surgery is a medical specialty that uses manual and/or instrumental procedures to physically change internal functions, enhance appearance, or remove or replace undesired tissues or foreign entities. Ambulatory surgery facilities provide outpatient surgical treatments, encouraging cost-effective, specialized treatment with faster recovery periods than regular hospitals. For instance, in September 2023, according to the International Society of Aesthetic Plastic Surgery, a US-based international professional body, plastic surgeons conducted in 2022 had approximately 14.9 million surgical and 18.8 million non-surgical treatments globally, representing an 11.2% rise overall. Therefore, the rising number of surgeries is driving the ambulatory surgery center market.
Key Industry Players
Major companies operating in the ambulatory surgery center market report are McKesson Corporation, HCA Healthcare, Medtronic PLC, Tenet Healthcare, Philips Healthcare, GE HealthCare Technologies Inc., Cerner Corporation, Zimmer Biomet, Optum Inc., Epic Systems Corporation, United Surgical Partners International, Surgery Partners, SCA Health, Athenahealth Inc., Prospect Medical Systems, eClinicalWorks, Medical Information Technology Inc, NextGen Healthcare, AMSURG, Hunterdon Healthcare, Surgical Information Systems, CureMD Healthcare, Advanced-Data Systems Corporation, Beaumont Health, HST Pathways, Meditouch, Ambulatory Surgical Centers of America, Pinnacle Surgery Center LLC, Center for Health Ambulatory Surgery Center LLC, Surg Center Gilbert
The ambulatory surgery center market report table of contents includes:
1. Executive Summary
2. Ambulatory Surgery Center Market Characteristics
3. Ambulatory Surgery Center Market Trends And Strategies
4. Ambulatory Surgery Center Market – Macro Economic Scenario
5. Global Ambulatory Surgery Center Market Size and Growth
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31. Ambulatory Surgery Center Market Other Major And Innovative Companies
32. Global Ambulatory Surgery Center Market Competitive Benchmarking
33. Global Ambulatory Surgery Center Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ambulatory Surgery Center Market
35. Ambulatory Surgery Center Market Future Outlook and Potential Analysis
36. Appendix
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