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Ambulatory Surgical Center Market Poised for Strong Growth due to Rising Preference for Outpatient Surgeries

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The ambulatory surgical center (ASC) market is a crucial part of the global healthcare industry. ASCs provide outpatient surgeries and procedures in an office setting rather than at a hospital. Common procedures performed at ASCs include cataract removal, colonoscopy, orthopedic surgery, and pain management injections. There has been a marked increase in the number of less invasive surgical procedures that can be performed safely on an outpatient basis. This has resulted in significant growth for ASCs. The convenience, lower costs, and specialized focus of ASCs have also made them a preferred option over hospital outpatient departments for many elective surgeries.

The global ambulatory surgical center market is estimated to be valued at US$ 100.3 Bn in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in the ambulatory surgical center market are AmSurg Corp., HCA Holdings, Inc., Tenet Healthcare, Surgical Care Affiliates, Inc., Surgery Partners, Ambulatory Surgical Centers of America, Heathway Medical Group, Community Health Systems, Inc., and Vision Group Holdings. AmSurg Corp is currently the largest player in the U.S. ambulatory surgical center industry, operating over 220 centers across 35 states. The growing preference for insurance-friendly outpatient surgical care and value-based reimbursement models represent significant opportunities for players in this market. Furthermore, many leading ASC companies are pursuing international expansion opportunities, particularly in developing markets in Asia, Latin America, and the Middle East, where demand for specialized outpatient surgical care is on the rise.

Market Drivers
One of the key drivers for the ambulatory surgical center market is the rising geriatric population worldwide which is leading to an increasing prevalence of chronic and lifestyle diseases requiring surgical care. According to estimates by the World Health Organization, the number of people aged 60 years and older is expected to more than double—from 12% to 22%—between 2015 and 2050. This growing pool of elderly patients is driving demand for outpatient surgeries. Additionally, ASCs allow for standardized, efficient, and cost-effective delivery of surgical care and represent major cost savings compared to hospital-based outpatient departments. Reimbursement policies favoring ASCs over hospital outpatient departments are further fueling market growth.

Market Restrains
The key restrain for the ambulatory surgical center market is the shortage of nursing staff and medical professionals with operating room experience to staff these centers and support a greater volume of outpatient cases. Additionally, smaller ASCs may lack sophisticated equipment and facilities for complex procedures, limiting the types of surgeries that can be performed safely in an outpatient setting. Outpatient operations also have limitations in terms of patient monitoring and ability to handle complications or comorbidities compared to inpatient hospital stays. Regulatory hurdles for physician ownership can also negatively impact market expansion. Strict enforcement of ownership limitations may discourage physician entrepreneurship in this sector.


Segment Analysis

This market can be segmented based on type which includes single specialty centers and multi-specialty centers. The multi-specialty centers segment currently dominates the market as these centers provide a wide range of services under one roof. They have specialists from different departments like orthopedics, gastroenterology, ophthalmology etc. This one stop solution attracts more patients.

Global Analysis

Regionally, North America holds the largest share in this market currently due to higher adoption of minimal invasive surgeries and presence of major market players. The Asia Pacific region is expected to grow at the fastest rate during the forecast period owing to rising medical tourism, growing geriatric population, increasing healthcare expenditure etc. Countries like India, China, Japan are providing opportunities for market expansion in this region.

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/



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