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Ambulatory Surgical Centers Market Size

  • Report ID: GMI2553
  • Published Date: Sep 2024
  • Report Format: PDF

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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global ambulatory surgical centers industry was valued at around USD 93.8 billion in 2023 and is expected to record a CAGR of 4.8% through 2032, due to the increasing geriatric population and prevalence of chronic diseases worldwide.

The opthalmology segment is anticipated to be worth 36.8 billion by 2032 as these surgeries typically have short procedure times and allow for quick recovery, making them well-suited for the outpatient setting of ASCs, where efficiency and quick turnover are key.

North America ambulatory surgical centers industry accounted for USD 40.6 billion in 2023 and is predicted to witness substantial growth through 2032, due to the adoption of minimally invasive surgical techniques, such as robotic-assisted surgeries and laparoscopic procedures.

HCA Healthcare, Physicians Endoscopy, Pinnacle III, Proliance Surgeons, Regent Surgical Health, SCA Health (Unitedhealth Group Incorporated), and SurgCenter Development among others.

Ambulatory Surgical Centers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 252
  • Countries covered: 23
  • Pages: 135
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