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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.
Report Attribute | Details |
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Base Year: | 2023 |
Ambulatory Surgical Centers Market Size in 2023: | USD 93.8 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 4.8% |
2024 – 2032 Value Projection: | USD 144.7 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 135 |
Tables, Charts & Figures: | 252 |
Segments covered: | Ownership, Surgery Type, Specialty Type, Service, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.