Ambulatory Surgical Centers Market Size

Ambulatory Surgical Centers Market size was valued at around USD 93.8 billion in 2023 and is expected to grow at a CAGR of 4.8% from 2024 and 2032. The increasing geriatric population and prevalence of chronic diseases worldwide are significant drivers of growth for ambulatory surgical centers (ASCs). Chronic conditions such as cardiovascular diseases, diabetes, and arthritis are more prevalent among the elderly.

For instance, according to the American Cancer Society's Cancer Statistics, approximately 60% of all cancers in the U.S. are diagnosed in individuals aged 65 and older. These conditions often require surgical intervention, which can be efficiently and safely conducted in ASCs for appropriate cases. This demographic shift contributes to an increased incidence of chronic diseases requiring surgical management, driving the demand for ASC services.

Ambulatory surgical centers (ASCs) are specialized healthcare facilities focused on providing elective surgical procedures to patients who do not require overnight hospitalization. These centers are designed to accommodate procedures that can be safely performed in an outpatient setting, allowing patients to undergo surgery and return home on the same day after a brief recovery period.

Ambulatory Surgical Centers Market Trends

The shift towards outpatient procedures and the availability of minimally invasive treatments are significantly driving market growth.

• Advances in medical technology have expanded the scope of minimally invasive procedures that can be performed in outpatient settings. These include laparoscopic surgeries, endoscopy, robotic-assisted surgeries, and interventional radiology techniques.
  
• Additionally, regulatory bodies and healthcare policies in many countries support the growth of outpatient procedures by accrediting ASCs and ensuring they meet rigorous standards for patient safety and quality of care. This support encourages healthcare providers to offer more procedures in outpatient settings.
  
• Moreover, patients prefer minimally invasive treatments due to reduced pain, shorter hospital stays, and quicker return to normal activities. This demand has driven healthcare providers to develop and adopt new minimally invasive technologies.
  
• Furthermore, many orthopedic procedures, such as arthroscopic knee surgeries and outpatient joint replacements (e.g., partial knee replacements), are increasingly performed in ASCs. This shift helps reduce healthcare costs associated with hospital stays and postoperative care. These factors are anticipated to drive market growth for ASCs.
  

Ambulatory Surgical Centers Market Analysis

By ownership, the market is categorized into physician only, hospital only, corporation only, physician & hospital, physician & corporation, and hospital & corporation. The physician only segment dominated the market with a revenue of around USD 55.9 billion in 2023.

• Physician-owned ASCs allow doctors to have more control over patient care and operational decisions. This autonomy often translates into a focus on clinical outcomes and patient satisfaction, which can be appealing to both physicians and patients.
  
• Moreover, physicians who own ASCs may benefit financially from the facility's profits, which can incentivize them to perform surgeries and procedures at their own center rather than in hospital settings, thereby contributing to segmental growth.
  

By surgery type, the ambulatory surgical centers market is categorized into dental, otolaryngology, endoscopy, obstetrics/gynecology, opthalmology, orthopedic, cardiovascular, neurology, plastic surgery, podiatry, and others surgery types. The opthalmology segment is anticipated to dominate the market with the revenue of 36.8 billion in 2032.

• Ophthalmology surgeries, particularly cataract surgeries, are among the most common and frequently performed procedures worldwide. Cataract surgery is a routine procedure with high demand, especially among the aging population.
  
• Moreover, ophthalmic surgeries, such as cataract removal and LASIK, typically have short procedure times and allow for quick recovery. This makes them well-suited for the outpatient setting of ASCs, where efficiency and quick turnover are key. Hence, it is the most dominant surgery type performed in ASCs.
  

By specialty type, the ambulatory surgical centers market is categorized into multi-specialty, and single specialty. The single speciality segment is anticipated to dominate the market with the revenue of 90.5 billion in 2032.

• Single-specialty ASCs are highly focused on one type of surgery or medical procedure. This specialization allows for streamlined operations, leading to increased efficiency, reduced costs, and improved patient outcomes. Staff and surgeons develop high levels of expertise in their specific field, which can enhance the quality of care.
  
• Additionally, patients often prefer single-specialty ASCs because they offer specialized, high-quality care. These centers typically have shorter wait times and a more personalized approach, enhancing the patient experience. Patients feel reassured by the specialization and the perceived expertise of the facility. 
  

By services, the ambulatory surgical centers market is categorized into diagnosis and treatment. The treatment segment dominated the market with a revenue of around USD 69.7 billion in 2023.

• Patients often prefer to undergo treatments in ASCs due to the cost efficiency and convenience compared to hospital-based surgeries. Treatments performed in ASCs tend to be less expensive because of lower operational costs, which include reduced overhead and shorter stays.
  
• Moreover, ASCs are optimized for efficiency and specialization in specific types of treatments. This specialization allows for streamlined processes, quick turnaround times, and high-quality care, making them ideal settings for various surgical treatments. Hence, this contributes to segmental growth.
  

North America ambulatory surgical centers market accounted for USD 40.6 billion in revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.

• North America, particularly the U.S., is at the forefront of adopting minimally invasive surgical techniques, such as robotic-assisted surgeries and laparoscopic procedures. These advancements allow more procedures to be safely performed in outpatient settings, contributing to market growth in the region.
  
• Additionally, various legislative measures, such as the Affordable Care Act (ACA), emphasize cost containment, improved access to care, and enhanced care quality. These goals align well with the operational model of ASCs, encouraging their use.
  

The U.S. ambulatory surgical centers market is anticipated to reach USD 54.5 billion by 2032, driven by numerous factors.

• In the U.S., Medicare and Medicaid have policies that encourage the use of ASCs for certain procedures by offering favorable reimbursement rates.
  
• Furthermore, there is a growing trend towards performing elective surgeries in outpatient settings in the country due to the aforementioned benefits, contributing to market growth.
  

The ambulatory surgical centers market in UK is expected to experience significant and promising growth from 2024 to 2032.

• The adoption of Integrated Care Systems in the country promotes the coordination of care across different providers, including ASCs. This integrated approach supports the use of ASCs for various surgical procedures as part of a broader strategy to streamline healthcare delivery.
  
• Additionally, the growth of the private healthcare sector in the UK, which often offers quicker access to elective surgeries, drives demand for ASCs. Many private health insurance plans cover procedures performed in ASCs, further boosting their utilization.
  

Japan ambulatory surgical centers market is anticipated to witness lucrative growth between 2024 – 2032.

• ASCs help alleviate the burden on hospitals, particularly in a country with a high demand for medical services due to its aging population. This allows hospitals to focus on more complex and emergency cases.
  
• Furthermore, the strict accreditation standards and regulatory oversight in the country ensure that ASCs maintain high levels of patient safety and care quality, fostering trust and utilization among patients and providers.
  

Ambulatory Surgical Centers Market Share

The ambulatory surgical centers industry is fragmented, with various large multinationals and small to mid-sized companies competing. The development and launch of new services are key market strategies for ambulatory surgical centers service providers, driving competition and innovation within the industry. This emphasis on innovation aims to address evolving needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced ambulatory surgical centers and services.

Ambulatory Surgical Centers Market Companies

Some of the eminent market participants operating in the ambulatory surgical centers industry include:

• Ambulatory Surgical Center of America
• AMSURG (Kohlberg Kravis Roberts & Co L P)
• ASD Management
• HCA Healthcare
• Physicians Endoscopy
• Pinnacle III
• Proliance Surgeons
• Regent Surgical Health
• SCA Health (Unitedhealth Group Incorporated)
• SurgCenter Development
• Surgery Partners
• Surgical Management Professionals
• Tenet Health
  

Ambulatory Surgical Centers Industry News:

• In August 2022, Regent Surgical Health and Ascension Texas announced the establishment of a joint venture called Orthopedic Surgery Center of Central Texas to provide a range of orthopedic services. The joint venture expanded Regent's service offerings to include a broader range of orthopedic services, enhancing the company's portfolio and capabilities.
  

Ambulatory surgical centers market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments:

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Market, By Ownership    

• Physician only
• Hospital only
• Corporation only
• Physician & hospital
• Physician & corporation
• Hospital & corporation

Market, By Surgery Type  

• Dental
• Otolaryngology
• Endoscopy
• Obstetrics/gynecology
• Ophthalmology
• Orthopedic
• Cardiovascular
• Neurology
• Plastic surgery
• Podiatry
• Other surgery types

Market, By Specialty Type  

• Multi-specialty
• Single specialty

Market, By Service  

• Diagnosis
• Treatment

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East and Africa