According to a new report published by K D Market Insights,, “Ambulatory Surgical Centers Market Insights, Trends, Opportunity & Forecast, 2020–2025,” the global ambulatory surgical centers market size is anticipated to witness moderate growth during the forecast period i.e. 2020-2025. The surging prevalence of chronic diseases and accidents across the globe, the increasing geriatric population in various nations, the burgeoning need to curtail the escalating healthcare costs, the growing shift from inpatient to outpatient surgical procedures and the proliferating demand for ambulatory surgical centers in emerging nations due to the multiple benefits offered by them such as cost savings, convenient locations and patient satisfaction are the major factors driving the growth of the global ambulatory surgical centers market.
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Additionally, factors such as the augmenting demand for IT solutions such as mhealth, telehealth, and remote patient monitoring for better management, the escalating number of surgeries and ambulatory surgery centers (ASCs), the soaring developments and advancements in medical technology, the increasing demand for minimally invasive surgeries and the growing variety of procedures provided by ASCs are further expected to bolster the growth of the global ambulatory surgical centers market during the forecast period.
The North American region held the largest share in the ambulatory surgical centers market in 2020 followed by Europe. The region is expected to further retain its dominance in the market throughout the forecast period of 2020-2025. The growth in the region can be attributed to factors such as the rising adoption of ambulatory surgical centers for reducing the rapidly growing healthcare costs, the presence of major market players and the increasing number of ASCs and the procedures offered by them in the region.
According to type, the multi specialty centers segment accounted for the largest market share in the ambulatory surgical centers market in 2020. The segment is projected to further continue with the trend throughout the forecast period. The growth of this segment can be attributed to the huge number of surgical procedures performed in these centers and the availability of reimbursement for these procedures.
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The global ambulatory surgical centers market is segmented into type, services, specialty type and region. Based on type, the market is bifurcated into hospital-affiliated ambulatory surgical centers, single specialty centers, multi specialty centers and freestanding ambulatory surgical centers. Based on services, it is classified into diagnosis, treatment, laceration treatment, bone fracture treatment, trauma or accident treatment and others. Based on specialty type, it is classified into ophthalmology, orthopedic, cardiovascular, endoscopy, otolaryngology, neurology and others.
The global ambulatory surgical centers market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
Key Insights of Ambulatory Surgical Centers Market
- On the basis of type, the multi specialty centers segment accounted for the largest market share in the ambulatory surgical centers market in 2020 and is projected to further continue with the trend throughout the forecast period.
- On the basis of region, North American held the largest share in the ambulatory surgical centers market in 2020 followed by Europe and is expected to further retain its dominance in the market throughout the forecast period of 2020-2025.
Some of the major ambulatory surgical centers companies profiled in the report include Ambulatory Surgical Centers of America LLC, Tenet, AmSurg, Surgical Care Affiliates, Surgery Partners, Hospital Corporation of America, SurgCenter Development, Covenant Surgical Partners, ASD Management and Proliance Surgeons Inc. P.S.
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