Ambulatory Surgical Centers Market is expected to reach US$ 150.6 billion by 2033 | FMI
The global Ambulatory Surgical Centers Market reached US$ 96.5 billion in 2023 and is expected to reach US$ 150.6 billion by 2033, recording a CAGR of 4.5% over the forecast period.
The proliferation of ambulatory
surgical centers is surging on account of accelerating demand for inpatient as
well as outpatient care services. The escalating costs of healthcare at general
hospitals have boosted the preference for ASCs among the public to get
high-quality healthcare services.
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The ASCs offer adequate treatments
to cure illnesses, along with providing many facilities including reimbursement
policies and insurance options. Thus, providing a cost-effective treatment to
patients, lower than the expenses incurred at hospitals.
At ASCs, physicians are in a better
position to control expenses and patient experience. By concentrating on one
specialty and owning the equipment, it becomes easier for healthcare providers
to schedule procedures and run an operating room efficiently. Therefore, more
physicians are opening up ASCs to cater to the growing demand for surgical
procedures. Going forward, the ambulatory surgical centers market is being
governed by the research and development activities initiated by key players
for the advancement of the market.
Key Takeaways from the Ambulatory
Surgical Centers Market:
- The U.S. market is predicted to maintain its prominent
position over the forecast period as well, and reach US$ 73.5 billion by
2033. The market is predicted to record a CAGR of 4.5% from 2023 to 2033.
- In Asia Pacific, Japan is estimated to attain US$ 5.7
billion by 2033. The market valuation of Japan is significant than China,
which attained US$ 5.3 billion in the same year.
- However, the growth of the market in China is projected
to be 5% CAGR, greater than the 2.4% CAGR estimated for the market in
Japan.
- Over the forecast period, the surgical services segment
is projected to emerge as the leading service, recording a CAGR of
4.6%.The
- Increasing number of ASCs delivering high-quality
outpatient surgical care is projected to contribute towards the progress
of this segment.
News Featuring Market Developments
by Key Players of Ambulatory Surgical Centers:
- In January 2023, Hudson Medical Center, a US$50
million and 1, 60,000 square foot facility, opened its gates for patients.
At the same premises, the first ASC in St. Croix County, named Valley
Surgery Center, will also be present. The center will be able to operate
about 10,000 surgeries every year, after its commencement.
- In August 2022, HCA Healthcare, a major
healthcare provider in the U.S., announced its acquisition of Stone Oak
Surgery Center, in association with 11 physician partners. The latter is a
San Antonio-based ASC, authorized by the Centers for Medicare & Medicaid
Services (CMS), and offers multispecialty services. With this acquisition,
HCA Healthcare will extend its footprint in San Antonio.
- Earlier, in January 2022, the company had
revealed its decision to develop five new hospitals, offering all the
necessary services in Texas. With this initiative, the company aims to
cater to the rising need for healthcare services in the state.
For more information: https://www.futuremarketinsights.com/reports/ambulatory-surgical-centre-market-092017
Key Companies Profiled:
- AmSurg Corp
- Tenet Healthcare
- HCA Holdings, Inc.
- Surgical Care Affiliates, Inc.
- Surgery Partners
- Ambulatory Surgical Centers of America
- Pinnacle III
- Proliance Surgeons
- Regent Surgical Health
- SurgCenter Development
Ambulatory Surgical Centers Market
by Category
By Centers Type:
- Single Specialty Centers
- MultiSpecialty 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
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