Ambulatory surgery centers are at the remote places other than hospitals that are well equipped with the latest surgical equipment, life-supporting devices and are well facilitated to provide efficient medical services in critical situations. Ambulatory surgical centers are alternate medical facilities separated from that of hospitals to provide better and fast services to the patients. Most of the time hospitals are either crowded or are not well equipped with medical facilities to tackle a critical medical emergency or provide immediate attention to the patients, in such situations ambulatory surgery centers eases the patient and doctors pressure. These centers are connected with a different network like with healthcare providers and physicians to provide better facilities to the outpatients. Ambulatory surgery centers are advanced in providing technologically improved healthcare facilities, improved surgical techniques, anesthesia, and pharmaceuticals. The Ambulatory Surgery Centers Market accounted 2.7 billion USD in 2020 and is expected to be valued at USD 29.1 billion by 2030, growing at approximately CAGR of 27% during the forecasted period.
Market Segmentation:
The global ambulatory surgery centers market is segmented by type into hospital-based ambulatory surgery centers and free-standing ambulatory surgery centers. By specialty, the market is divided into single-specialty centers and multi-specialty centers. By service type, the market is categorized into orthopedics, ophthalmology, gastroenterology, plastic surgery, pain management or spinal injections, and others. By geography, the global ambulatory surgery centers market is segmented into North America, Asia Pacific, Europe, and RoW.
Market Dynamics and Factors:
Increasing numbers of outpatients in a much shorter duration of time frame has led to the demand for additional healthcare facilities, which is being supported by surgery centers, and this is the major reason for the growth in the surgery centers market. However, due to the lack of advanced types of equipment and unavailability of professionals in such centers has slowed down the market. The increasing rate of surgery and the requirement of easy availability for medical services will boost the global ambulatory surgery centers market in the future. The unavailability of advanced equipment and training among the reactionaries will be a challenge in the future.
Geographic Analysis:
North America market is expected to witness a significant growth rate due to government regulations governing the performance of outpatient surgery centers. Growing demand for ambulatory surgery center in Europe and Asia Pacific owing to the government initiatives to overcome the shortage of medical facilities in remote areas. Moreover, increasing due to the introduction of new anesthesia enables patients to recover consciousness and experience lesser pain is also the major factor responsible for the growth in Europe. Asia Pacific is anticipated to be the fastest-growing market showing a growth rate of 7% over the forecast period. The growth of the market is attributed to the increasing burden of healthcare costs due to the incidence of chronic disease and that will force the industry players and government to introduce strategies related to outpatient services.
Competitive Scenario:
The major players in the global ambulatory surgery centers market are Tenet Healthcare Corporation, Envision Healthcare Corporation, Terveystalo, IntegraMed America, Inc., Somerset Ambulatory Surgical Center, and Center for Ambulatory Surgery, and Medical Facilities Corporation.
Ambulatory Surgery Centers Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Billion (USD) |
Growth Rate (CAGR%) | 27 % |
| By Type (Hospital-Based Ambulatory Surgery Centers and Free-Standing Ambulatory Surgery Centers), By Specialty (Single- Specialty Centers and Multi-Specialty Centers), By Service (Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management or Spinal Injections, and Others) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Tenet Healthcare Corporation, Envision Healthcare Corporation, Terveystalo, IntegraMed America, Inc., Somerset Ambulatory Surgical Center, and Center for Ambulatory Surgery, and Medical Facilities Corporation. |