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U.S. Ambulatory Surgical Centers Market Size

  • Report ID: GMI4520
  • Published Date: Oct 2024
  • Report Format: PDF

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.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

U.S. ambulatory surgical centers industry was valued at approximately USD 38.9 billion in 2023 and is expected to grow at a 3.6% CAGR from 2024 to 2032, driven by favorable reimbursement policies and supportive government initiatives.

The ophthalmology segment is anticipated to dominate the market with a projected revenue of USD 9.8 billion by 2032, driven by the high prevalence of age-related eye conditions such as cataracts, glaucoma, and macular degeneration.

The single specialty segment is expected to dominate the market with a revenue of USD 21.9 billion in 2023, as physicians and staff develop a high level of expertise in their specific field, resulting in higher quality care and better patient outcomes.

U.S. Ambulatory Surgical Centers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 27
  • Countries covered: 1
  • Pages: 100
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