US Ambulatory Surgical Centers Market

U.S. Ambulatory Surgical Centers Market Size

U.S. ambulatory surgical centers market size was valued at around USD 38.9 billion in 2023 and is expected to grow at a CAGR of 3.6% from 2024 to 2032. Favorable reimbursement policies and supportive government initiatives are crucial drivers of the growth of the ASC market in the U.S.

The Centers for Medicare & Medicaid Services (CMS) have expanded the list of procedures that can be performed in ASCs and are eligible for reimbursement. This includes many minimally invasive surgeries, which are increasingly popular due to shorter recovery times and lower costs.

For instance, according to the Medicare Payment Advisory Commission (MedPAC), the number of Medicare-certified ASCs has grown steadily, with over 5,800 ASCs in operation as of 2022, reflecting the increasing utilization driven by favorable reimbursement policies. These policies ensure that ASCs receive adequate compensation for their services, making them a cost-effective and high-quality alternative to hospital-based surgeries. The ongoing expansion of covered procedures, competitive payment rates, and the alignment with value-based care models further bolster the demand for ASCs in the country, contributing to their rapid growth and widespread adoption in the healthcare system.

Ambulatory surgical centers (ASCs) are specialized healthcare facilities that focus 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.

U.S. Ambulatory Surgical Centers Market Trends

The availability of minimally invasive treatments is a major driver of growth for the market. Technological advancements, patient preferences, cost efficiency, and supportive regulatory and insurance policies all contribute to this trend.

• Minimally invasive procedures often involve shorter recovery times, allowing patients to return to their normal activities more quickly. This is particularly attractive for patients who prefer convenience and reduced disruption to their lives. 
  
• Additionally, innovations in laparoscopic instruments, endoscopic devices, and robotic surgery systems have enhanced the precision and safety of minimally invasive procedures.
  
• Moreover, many insurance companies cover minimally invasive procedures performed in ASCs, recognizing their cost-effectiveness and high-quality outcomes.
  
• Furthermore, the development of flexible endoscope used for gastrointestinal procedures, that are equipped with high-definition cameras and advanced tools enable minimally invasive treatments of conditions like polyps and tumors. These factors collectively enhance the appeal of ASCs, driving their expansion and utilization across the U.S. healthcare landscape.
  

U.S. 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 22 billion in 2023.

• Physician-owned ASCs often specialize in specific surgical procedures or medical specialties, allowing for streamlined operations and efficient patient care pathways tailored to the needs of their practice.
  
• Moreover, physicians who own and operate ASCs have greater control over the administrative and clinical aspects of the center. This autonomy allows them to make decisions quickly and efficiently, tailored to their practice's specific needs.
  

By surgery type, the U.S. ambulatory surgical centers market is categorized into dental, otolaryngology, endoscopy, obstetrics/gynecology, ophthalmology, orthopedic, cardiovascular, neurology, plastic surgery, podiatry, and others surgery types. The ophthalmology segment is anticipate dominating the market with the revenue of USD 9.8 billion in 2032.

• The high prevalence of age-related eye conditions such as cataracts, glaucoma, and macular degeneration drives the demand for ophthalmology procedures. These conditions are common among the aging population, which continues to grow, and may drive the segmental growth.
  
• Moreover, these procedures generally have low complication rates and shorter recovery periods, making them ideal for outpatient settings like ASCs where patients can be discharged on the same day.
  

By specialty type, the U.S. ambulatory surgical centers market is categorized into multi-specialty and single specialty. The single speciality segment anticipated to dominate the market with the revenue of 21.9 billion in 2023.

• Physicians and staff at single specialty ASCs develop a high level of expertise in their specific field. This specialization often results in higher quality care and better patient outcomes.
  
• Additionally, single specialty centers often have lower overhead costs compared to multi-specialty centers due to the focused nature of their services. This cost efficiency can lead to higher profit margins. Hence these factors contribute to the segment growth.
  

By services, the U.S. ambulatory surgical centers market is categorized into diagnosis and treatment. The treatment segment dominated the market with a revenue of around USD 29.3 billion in 2023.

• Most of the services provided at ASCs are surgical treatments, which include a variety of procedures such as cataract surgery, endoscopies, orthopedic surgeries, and more. This high volume of treatments naturally makes the treatment segment dominant.
  
• Moreover, patients prefer ASCs for surgical treatments due to the convenience of outpatient care, shorter recovery times, and the ability to return home on the same day. This preference drives higher demand for treatment services.
  

U.S. Ambulatory Surgical Centers Market Share

U.S. ambulatory surgical centres industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of new services are key market strategies for the U.S. ambulatory surgical centers service providers, driving competition and innovation in 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 U.S. ambulatory surgical centers and services.

U.S. Ambulatory Surgical Centers Market Companies

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

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

U.S. Ambulatory Surgical Centers Industry News:

• In August 2021, Regent Surgical Health announced the opening of its second headquarters in Nashville, marking a significant milestone in the company's growth. This expansion followed a strategic investment from TowerBrook Capital Partners L.P. and Ascension Capital, which strengthened Regent Surgical Health's business operations and positioned the company for continued growth and success.
  

U.S. 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