The Ambulatory Surgical Centers Market Size was valued at USD 96.6 billion in 2023 and is expected to reach USD 137.3 billion by 2031, and grow at a CAGR of 4.5% over the forecast period 2024-2031.
The market growth can be attributed due to the growing demand for IT solutions such as mHealth, telehealth, and remote monitoring of patients for better management can be attributed to the growing need to reduce rising healthcare costs, shift from hospital to outpatient surgery, and the growing demand for IT solutions such as mHealth, telehealth, and remote monitoring of patients.
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The global market for healthcare facilities is dominated by the sale of ambulatory surgery centres, representing almost 28%. In order to stimulate the influx of patients as well as generate increased revenues through improved quality care and satisfaction, ASCs around the world continue to strive for a wider range of services. As the entry of patients into childcare procedures is simplified, the availability of physicians will become easier.
DRIVERS
For help, ambulatory surgical centers are increasingly turning to IT
The growth of the ambulatory surgical center market is supported by government support and favourable reimbursement.
Development of day care surgery centres is a priority for the government. Furthermore, in order to accommodate more patient care and increase the number of ambulatory surgery centres, it offers complementary healthcare services. In addition, the outpatient services offer a favourable reimbursement policy and provide patients with appropriate healthcare and insurance coverage to help them pay their costs more easily.
RESTRAINTS
Investing much on infrastructure and deploying at a high cost
The growth of the global market for Ambulatory Surgical Centres is projected to be restrained by high deployment costs and a lack of credibility among patients with regard to outpatient services, since new methods are not yet being adopted.
OPPORTUNITIES
Cloud-based solutions are in higher demand.
Patient-centered care is becoming more popular.
Increasing investments by healthcare companies
In order to establish mobile surgery centres, healthcare companies invest in research and development activities. The main strategies taken by companies in order to increase their revenues are mergers, acquisitions, collaboration and recognition via comprehensive R&D aimed at strengthening the product portfolio.
CHALLENGES
Issues concerning interoperability
Conflicts can lead to shortages or delays in obtaining essential supplies for ambulatory surgical procedures, affecting the supply chain of medical equipment, devices and pharmaceutical products. The 218 hospitals which have been reported damaged or destroyed, one out of every ten in Ukraine has sustained direct damage from an attack. In the eastern part of the country, destruction is most pronounced. Almost all health facilities have been exposed to some degree around certain cities and towns. Almost 8 out of 10 health care service establishments where medical assistance is provided were damaged or destroyed, according to the Ukrainian Health Centre's information in Mariupol and southern part of Donetsk oblast. Kharkivsk, Donetsk, Luhansk, Khersonsk, and Kyivsk were the regions with the highest number of hospital attacks. Also, the financial instability, currency fluctuations and inflation could result from geopolitical tensions and economic sanctions associated with the war, potentially increasing operating costs for ambulatory surgery centres.
Due to the documented links between employment, access to healthcare and health outcomes, the economic crisis has had a significant impact on the use of healthcare services. However, patients are choosing outpatient medical care for lower costs, greater accessibility and a better patient experience as a result of increasing and expanding ambulatory healthcare facilities. In view of the fact that costs for both patients and payers can be significantly lower in this category of care, it is estimated that ambulatory healthcare services will continue to grow at an exponential rate this year. In particular, because of the reduction in costs related to fewer staff, lower supplies and lesser facilities, ambulatory surgery centres tend to have lower operating costs than other hospitals. In order to take advantage of this shift in healthcare services, this economic opportunity has led to the acquisition of partnerships in the field of ambulatory healthcare by healthcare systems that are known to primarily operate hospitals. Healthcare systems buying into the ambulatory healthcare space may contribute to the aggressive growth of ambulatory healthcare facilities in the coming years, as these systems strategize to combat the projected economics slowdown.
By Centers Type
Single Specialty Centers
MultiSpecialty Centers
A significant share of the market is expected to be held by the multispecialty centre segment, which is expected to grow at a compound annual growth rate of 4.8% over the forecast period. In terms of providing care, security, convenience and reducing hospital stays, these centres are meeting the expectations of patients. As a result, ASCs are expanding all over the world.
By Modality
Hospital-Based Ambulatory Surgical Center
Freestanding Ambulatory Surgical Center
The hospital-based segment is expected to account for a significant share of total market shares. To support the segment's growth, it is projected that hospital-based services provide higher quality of care compared to a free-standing surgery center. In the forecast period, increasing employment of hospital owned practices is expected to increase revenue from hospitals operated by HEIs.
By Services
Diagnostic Services
Surgical Services
Surgical services are expected to have a major share of the market are expected to grow at a rate of 4.6% during the forecast period. These services are an appropriate alternative to hospital outpatient surgery. Moreover, these services are cost effective, shorten service times and offer high quality care and procedures.
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By Specialty Area
Gastroenterology
Ophthalmology
Orthopedics
Pain/Neurology
Urology
Dermatology
Others
The gastroenterology segment is expected to have a significant market share over the forecast period due to the high number of gastroenterology procedures carried out at ASCs on an annual basis. As per the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), 60 million Americans get affected by digestive disorders. The main reasons behind the prevalence of digestive disorders include an unhealthy lifestyle and excessive consumption of junk food and a high-cholesterol diet.
Regional Analysis
In 2022, North America had the largest market share worldwide in ambulatory surgery centers, and is expected to maintain its dominant position over the forecast period. This region stands to be a major market leader globally due to factors such as rapid adoption of ambulatory healthcare services, including surgery centres, which bring down health costs more effectively. In addition, due to an increase in the number of patients and surgical procedures, the pressure on hospitals in North America has increased, which has allowed the rapid growth of ambulatory surgical centres in the region. Moreover, this region is home to a large number of key market players, which is a further advantage in positioning itself as a leader in other regions.
Asia Pacific is expected to be the fastest growing region during the forecast period. Due to an increase in the prevalence of chronic diseases, the ageing population, high healthcare costs and an increase in the number of hospital admissions, the expansion of outpatient facilities is due to an increase in healthcare costs. The growth of the ambulatory surgical centre market in the region is driven by all these factors.
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major key players of Ambulatory Surgical Centers Market ae as follows: AmSurg, Surg Center Development, United Surgical Partners, Team Health Holdings, Surgery Partners, Mednax, Surgical Care Affiliates, Tenet Healthcare, Envision Healthcare Holdings, Suprabha Surgi care and Other Players.
In January 2023, Becker's Healthcare announced that Baylor Scott & White Health, based in Dallas, is planning to build a four-story medical office building. In December 2022, the City's Planning Committee authorised an expansion of the hospital grounds. An ASC, endocrine, gastroenterology, ophthalmology, and many other departments would be housed in the 1,00,000 square foot building.
In August 2022, A partnership called the Orthopedic Surgery Center of Central Texas has been established between Regent Surgical Health and Ascension Texas. The collaboration shall aim at setting up a centre for spinal surgery, pain management, knee replacements, orthopedics, fracture care and sport medicine.
In December 2022, according to senior officials, one year after the two healthcare organizations announced their intention to cooperate, Salem Medical Center joined the Inspira Health network in southern New Jersey. Inspira, which also owns hospitals in Vineland, Mullica Hill and Elmer, is now the parent company for Salem Medical Center. According to the press release, Inspira has purchased a hospital building, an outpatient surgery center and physician practices for $20 million. In addition, it set up a line of credit to pay off any debts and future income shortfalls.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 96.6 Billion |
| Market Size by 2031 | US$ 137.3 Billion |
| CAGR | CAGR of 4.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Centers Type (Single Specialty Centers, Mult Specialty Centers) • By Modality (Hospital-Based Ambulatory Surgical Center, Freestanding Ambulatory Surgical Center) • By Services (Diagnostic Services, Surgical Services) • By Specialty Area (Gastroenterology, Ophthalmology, Orthopedics, Pain/Neurology, Urology, Dermatology, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | AmSurg, Surg Center Development, United Surgical Partners, Team Health Holdings, Surgery Partners, Mednax, Surgical Care Affiliates, Tenet Healthcare, Envision Healthcare Holdings, and Suprabha Surgi care. |
| DRIVERS | • Ambulatory Surgical Centers (ASCs) are turning out to be more famous. • Healthcare expenditures are out of control, and it's time to do something about it. • ASCs are increasingly turning to IT for help. |
| RESTRAINTS | • Investing much on infrastructure and deploying at a high cost |
Ans: The Ambulatory Surgical Centers market is expected grow at a CAGR of 4.5% over the forecast period 2023-2030.
Ans: The Ambulatory Surgical Centers Market Size was valued at USD 96.6 billion in 2023
Ambulatory Surgical Centers Market is divided into three segments By-Products & services, By Components, and By Specialty
The Ambulatory Surgical Centers Market is dominated by the Asia Pacific.
The market for ambulatory surgical centers was dominated by the clinical solutions category.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Ambulatory Surgical Centers Market Segmentation, by Centers Type
9.1 Introduction
9.2 Trend Analysis
9.3 Single Specialty Centers
9.4 Multi Specialty Centers
10. Ambulatory Surgical Centers Market Segmentation, by Modality
10.1 Introduction
10.3 Trend Analysis
10.4 Hospital-Based Ambulatory Surgical Center
10.5 Freestanding Ambulatory Surgical Center
11. Ambulatory Surgical Centers Market Segmentation, by Services
11.1 Introduction
11.3 Trend Analysis
11.4 Diagnostic Services
11.5 Surgical Services
12. Ambulatory Surgical Centers Market Segmentation, by Specialty Area
12.1 Introduction
12.2 Trend Analysis
12.3 Gastroenterology
12.4 Ophthalmology
12.5 Orthopedics
12.6 Pain/Neurology
12.7 Urology
12.8 Dermatology
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Eastern Europe
13.3.1.1 Poland
13.3.1.2 Romania
13.3.1.3 Hungary
13.3.1.4 Turkey
13.3.1.5 Rest of Eastern Europe
13.3.2 Western Europe
13.3.2.1 Germany
13.3.2.2 France
13.3.2.3 UK
13.3.2.4 Italy
13.3.2.5 Spain
13.3.2.6 Netherlands
13.3.2.7 Switzerland
13.3.2.8 Austria
13.3.2.9 Rest of Western Europe
13.4 Asia-Pacific
13.4.1 China
13.4.2 India
13.4.3 Japan
13.4.4 South Korea
13.4.5 Vietnam
13.4.6 Singapore
13.4.7 Australia
13.4.8 Rest of Asia Pacific
13.5 The Middle East & Africa
13.5.1 Middle East
13.5.1.1 UAE
13.5.1.2 Egypt
13.5.1.3 Saudi Arabia
13.5.1.4 Qatar
13.5.1.5 Rest of the Middle East
13.5.2 Africa
13.5.2.1 Nigeria
13.5.2.2 South Africa
13.5.2.3 Rest of Africa
13.6 Latin America
13.6.1 Brazil
12.6.2 Argentina
13.6.3 Colombia
13.6.4 Rest of Latin America
14. Company Profiles
14.1 AmSurg
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Surg Center Development
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 United Surgical Partners
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Team Health Holdings
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Surgery Partners
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Mednax
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Surgical Care Affiliates
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Tenet Healthcare
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Envision Healthcare Holdings
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Suprabha Surgi care
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
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