Ambulatory Surgical Centers Market Future Product Scope & Analysis
Author : Niko Suzuki | Published On : 01 Jul 2022
The report is titled as ‘Ambulatory Surgical Centers Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Ambulatory Surgical Centers market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
The U.S. ambulatory surgical centers market is expected to reach at a value of US$ 800.1 Mn by 2028 end at a CAGR of 6.8%.
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Ambulatory Surgery Centers (ASCs) Introduction
Ambulatory surgery centers (ASCs), originated from the latin word ambulare, which conveys “to walk”, refers to the medical facilities that narrows down in providing surgical care and other procedures on the same day, including diagnostic and preventive procedures. ASCs have revolutionized the outpatient experience for gazillions of Americans by offering them a more suitable and convenient substitute to hospital-based outpatient procedures—and performed so with a robust service record of numerous positive patient outcomes and quality care.
The foremost ambulatory surgery center was launched in Phoenix, Arizona, around 50 years ago, when a couple of medical practitioners desired to have an outlet for more personalized and efficient care. Though in the present day and age, the outpatient medical services have broadened their footmark all across the healthcare industry. As a matter of fact, more than 5,000 ASCs are being performed around 35% of all surgeries in the United States. Moreover, the kinds of surgical procedures performed in ASCs have also endured some of the crucial changes in the past few years. Notably, the majority of the early ASCs were outpatient centers majorly for plastic surgery
Rapid increase in the number of surgeries around the world is Expected to Boost the market
There has been a dramatic rise in the general surgery workload owing to the rapid rise in geriatric population in the US, and growing number of chronic medical conditions among the population. As per estimates, the U.S. population is aging swiftly, as in the present times, there are more than 46 million aging adults of around the age of 65 and older residing in the U.S.. Along with an elderly population also comes a rising need for long-term medical care, as well as social services to sustain older adults as they mature.
Other than that, a recent study states that an approximate 48.3 million surgical and nonsurgical proceedings are performed in the US each year. As per estimation, around 25.7 million (53%) ambulatory surgery procedures were performed in hospitals and 22.5 million (47%) were performed in ASCs. Thus, the rising number of surgeries is expected to be a major driver in the future growth of the US ambulatory surgical centers market.
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Ambulatory Surgical Centers Market Segmentation
The Ambulatory Surgical Centers market is segmented on the basis of type, specialty, ownership, treatment, and region.
- Hospital affiliated ASCs
- Freestanding ASCs
- Single specialty centers
- Multi-specialty centers
- Corporate Only
- Physician Only
- Hospital Only
- Orthopedic surgeries
- Ophthalmology surgeries
- Obstetrics/Gynecology surgeries
- Cardiovascular surgeries
- Pain management
- ENT Surgeries
- Gastrointestinal surgery
- Plastic surgery
- North America
- Latin America
- Asia Pacific
- Middle East
Ambulatory Surgical Centers Market Key Players
Some of the key participating players in Ambulatory Surgical Centers market are:
- TH Medical
- Surgical Care Affiliates
- Covenant Surgical Partners
- Regent Surgical Health
- ASD Management
- Ambulatory Surgical Centers of America
- Surgery Partners
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