Global Ambulatory Surgery Center Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 34.80 Billion |
Market Size (Forecast Year) |
USD 57.59 Billion |
CAGR |
|
Major Markets Players |
Global Ambulatory Surgery Center Market, By Ownership (Physician Only, Hospital Only, Corporation Only, Physician and Hospital, Physician and Corporation, Hospital and Corporation), Surgery Type (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry, Others), Specialty Type (Single Specialty, Multi-specialty), Services (Diagnosis, Treatment) – Industry Trends and Forecast to 2029.
Ambulatory Surgery Center Market Analysis and Size
An ambulatory surgery centre (ASC) is a medical facility that specializes in offering safe outpatient surgical services and procedures. As a result, outpatient surgery has many advantages compared to in-patient surgery. Rising demand for minimally invasive procedures, technological advancements in surgical instruments and equipment, and surgeons' control over selecting such equipment are the major factors responsible for the growth of the ambulatory surgery center market.
Data Bridge Market Research analyses that the ambulatory surgery center market which was USD 34.8 billion in 2021, would rocket up to USD 57.59 billion by 2029, and is expected to undergo a CAGR of 6.50% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Ambulatory Surgery Center Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Ownership (Physician Only, Hospital Only, Corporation Only, Physician and Hospital, Physician and Corporation, Hospital and Corporation), Surgery Type (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry, Others), Specialty Type (Single Specialty, Multi-specialty), Services (Diagnosis, Treatment) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Envision Healthcare (U.S.), TH Medical (U.S.), MEDNAX Services Inc. (U.S.), TeamHealth (U.S.), UnitedHealth Group (U.S.), QHCCS, LLC (U.S.), Surgery Partners (U.S.), NOVENA GLOBAL HEALTHCARE GROUP, INC. (Singapore), CHSPSC, LLC (U.S.), Terveystalo (Finland), SurgCenter (U.S.), Healthway Medical Group (Singapore), and Prospect Medical Systems (U.S.) |
Market Opportunities |
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Market Definition
Ambulatory surgical centres, also known as ASCs, are one of the ambulatory services where procedures are performed; admission to a hospital is not necessary. Based on ownership, such as physician ownership and other ownership, the ambulatory surgery facilities can be divided. The ASCs can also be broken down into subgroups based on specialty, including multispecialty, orthopaedics, gastrointestinal, and ophthalmology.
Ambulatory Surgery Center Market Dynamics
Drivers
- Technological developments
Some of the determinants effective for market germination include strengthening requirements for minimally invasive procedures, technological developments in medical accessories and instruments, and doctors' control over the selection of such facilities.
- Rise in chronic diseases
In the forecast period of 2022 to 2029, the business of ambulatory surgical centres will be supported by the growing annoyance of chronic diseases in emerging as well as advanced markets. Therefore, increasing the likelihood of problems will unmistakably influence market emergence.
- Rising ageing population
The ageing population base will have a beneficial effect on market growth over the forecast period. The market expansion is further accelerated by the availability and rising demand for minimally invasive therapies for better patient management.
Opportunities
Additionally, the rising prevalence of chronic illnesses in the adult and geriatric population increases the need for outpatient operation markets since it provides better patient care and more inexpensive treatment.
Restraints/Challenges
On the other hand, the huge expense of numerous medicinal devices will obstruct the market's growth rate. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the market.
This ambulatory surgery center market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ambulatory surgery center market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Ambulatory Surgery Center Market
In the market, the COVID-19 epidemic had a considerable effect. In order to stop the spread of the COVID-19 disease among the people, many regions of the world implemented lockdown procedures and delayed unnecessary surgeries. This crucial change caused a sharp drop in the number of ambulatory visits, which had a detrimental effect on growth.
Recent Development
- In February 2022, At order to deliver specialised joint replacement surgery in an ambulatory care centre, EMU Health and NYU Langone Orthopedics collaborated to launch a new outpatient joint replacement programme. This initiative will fuel the segment's growth.
- In January 2022, ValueHealth LLC, a renowned Ambulatory Center of Excellence (ACE) leader, and Penn State Health, which has acquired a stake in the Surgery Center of Lancaster, engaged into a joint venture collaboration.
Global Ambulatory Surgery Center Market Scope
The ambulatory surgery center market is segmented on the basis of ownership, surgery type, specialty type, and service. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Ownership
- Physician Only
- Hospital Only
- Corporation Only
- Physician and Hospital
- Physician and Corporation
- Hospital and Corporation
Surgery Type
- Dental
- Otolaryngology
- Endoscopy
- Obstetrics / Gynecology
- Opthalmology
- Orthopedic
- Cardiovascular
- Neurology
- Plastic Surgery
- Podiatry
- Others
Speciality Type
- Multi-specialty
- Single specialty
Service
- Diagnosis
- Treatment
Ambulatory Surgery Center Market Regional Analysis/Insights
The ambulatory surgery center market is analysed and market size insights and trends are provided by country, ownership, surgery type, specialty type, and service as referenced above.
The countries covered in the ambulatory surgery center market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ambulatory surgery center market owing to the increase is attributable to the expanding requirement for operational methods implemented in the same-day medical capital and complimentary compensation methods.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ambulatory Surgery Center Market Share Analysis
The ambulatory surgery center market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ambulatory surgery center market.
Some of the major players operating in the ambulatory surgery center market are:
- Envision Healthcare (U.S.)
- TH Medical (U.S.)
- MEDNAX Services Inc. (U.S.)
- TeamHealth (U.S.)
- UnitedHealth Group (U.S.)
- QHCCS, LLC (U.S.)
- Surgery Partners (U.S.)
- NOVENA GLOBAL HEALTHCARE GROUP, INC. (Singapore)
- CHSPSC, LLC (U.S.)
- Terveystalo (Finland)
- SurgCenter (U.S.)
- Healthway Medical Group (Singapore)
- Prospect Medical Systems (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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