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Ambulatory Surgical Centers Market size to exceed $144.5Bn by 2032

Published Date: November 9, 2022

Ambulatory Surgical Centers Market size is anticipated to surpass USD 144.5 billion by 2032, as per a recent research report announced by Global Market Insights Inc.
 

A shift towards minimally invasive surgeries and the advent of sophisticated healthcare technologies will shape the market forecast. Multiple ambulatory surgical centers have replaced incision-intensive treatments with minimally invasive techniques to best meet patients’ surgical needs with reduced health risks.
 

Growing preference for minimally invasive treatment can be attributed to its multiple benefits such as the lower risk of infection, less trauma to internal organs, minimal bleeding, and fewer complications. This trend will generate significant demand for affordable treatment at ambulatory surgical centers (ASCs) in the coming years.
 

Rise in the number of outpatient surgical procedures across hospital-owned ASCs

Ambulatory surgical centers market from the hospital-only owned segment is anticipated to witness a 5% CAGR through 2032. The advent of minimally invasive surgical procedures, rising healthcare spending, and innovation in the field of medicine for rapid recovery are enabling hospitals to provide best-in-class surgical treatment in self-owned ASCs. This type of ASC is fully owned by hospitals and operates either on campus or off campus. Most outpatient surgical procedures are performed at these ASCs.
 

Browse key industry insights spread across 243 pages with 297 market data tables & 17 figures & charts from the report, “Ambulatory Surgical Centers Market Size By Ownership (Physician Only, Hospital Only, Corporation Only, Physician & Hospital, Physician & Corporation, Hospital & Corporation), By Surgery (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry), By Specialty (Single specialty, Multi-specialty), By Service (Diagnosis, Treatment), Industry Analysis Report, Regional Outlook, Growth Potential, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2023 – 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ambulatory-surgical-centers-market
 

Increasing cardiovascular disorders will boost the need for ASCs for cardiac surgeries

Ambulatory surgical centers market from the cardiovascular segment was valued at USD 6.5 billion in 2022. Over the last decade, ASCs have witnessed a surge in patient footfall for the diagnosis and treatment of cardiovascular diseases. The rising prevalence of stroke, heart failure, and arrhythmia will fuel the need for minimally invasive cardiovascular surgeries that can be performed at ASCs.
 

Suitable reimbursement structure will drive the preference for multi-specialty ASCs

Multi-specialty segment accounted for more than 39% share of the ambulatory surgical center market in 2022. These ASCs offer a wide range of benefits including a diversified number of clinical services. With the integration of state-of-the-art healthcare equipment and technologies, multi-specialty centers can effectively perform a substantial number of acuity cases. Additionally, the availability of favorable reimbursement policies associated with services offered by multi-specialty centers will boost the industry dynamics.
 

Favorable government policies to complement Europe ASC market outlook

Europe ambulatory surgical centers market is poised to reach USD 35 billion until 2032. Rising awareness regarding minimally invasive procedures along with a surging geriatric population with a higher risk of chronic diseases will showcase lucrative scope for regional industry expansion. EU countries have a substantial number of day surgery units that provide benefits such as improved clinical quality, minimized hospital stay, and cost savings. New government policies are enabling ASCs to attract patients by offering better outpatient care services and surgeries at an affordable cost.
 

New mergers and acquisitions should drive industry development

Ambulatory Surgical Center of America, AMSURG, Proliance Surgeons, ASD Management, Physicians Endoscopy, Pinnacle III, Regent Surgical Health, Surgery Partners, SurgCenter Development, SCA Health, Surgical Management Professionals, HCA Healthcare, and Tenet Health are some of the leading companies in the ambulatory surgical centers industry. These participants are implementing strategic collaborations and acquisitions to accelerate business expansion.
 

Authors: Sumant Ugalmugle, Rupali Swain