Home > Healthcare > Medical Services > Surgical Services > U.S. Orthopedic Ambulatory Surgical Centers Market
U.S. Orthopedic Ambulatory Surgical Centers Market size was valued at USD 3.2 billion in 2023 and is expected to exhibit growth at a CAGR of 3.8% from 2024 to 2032. High market growth can be attributed to the increasing incidence of orthopedic conditions, ongoing advancements in surgical techniques, growing demand for specialized care and expertise, and rising geriatric population, among other contributing factors.
Moreover, the rising incidence of orthopedic conditions such as osteoarthritis, rheumatoid arthritis, fractures, and sports injuries is a significant driver. An aging population, which is more prone to musculoskeletal disorders, further contributes to the increased demand for orthopedic procedures. For instance, according to the Centers for Disease Control and Prevention (CDC), around 53.2 million individual in the U.S. have some form of arthritis, among which osteoarthritis (OA) is the most common affecting approximately 32.5 million adults, hence leading to more surgeries being performed in ambulatory surgical centers.
Orthopedic ambulatory surgical centers are specialized outpatient facilities that provide surgical procedures for orthopedic conditions, such as joint replacements, arthroscopies, and fracture repairs. These centers offer a cost-effective and efficient alternative to hospital-based surgeries, focusing on minimally invasive techniques and same-day discharge.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
U.S. Orthopedic Ambulatory Surgical Centers Market Size in 2023: | USD 3.2 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 3.8% |
2032 Value Projection: | USD 4.6 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 75 |
Tables, Charts & Figures: | 65 |
Segments covered: | Ownership, Procedure, Speciality Type, Service, and Zone |
Growth Drivers: |
|
Pitfalls & Challenges: |
|