U.S. Ambulatory Surgical Centers Market Analysis

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.