Pune, India, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The US ambulatory surgical centers market size is estimated to reach USD 58.85 billion by 2028, expanding at a CAGR of 6.9% during the projected timeframe. The market value reached USD 34.73 billion in 2020 and rose to USD 36.96 billion in 2021. The market growth in the forthcoming years will be driven by the growing popularity of ambulatory surgical centers across the U.S. The volume of surgical procedures performed across these centers has increased significantly over the past decade. According to data from the Medicare Payment Advisory Commission and VMG Health, nearly 60% of all outpatient surgical procedures were carried out in ASCs in 2019, compared to about 48% in 2010. Fortune Business Insights™ provides this information in an upcoming report titled “U.S. Ambulatory Surgical Centers Market, 2021-2028.”
Ambulatory surgical centers (ASCs) are modern outpatient healthcare facilities that offer same-day surgical services, including diagnostic and preventive services. These facilities offer cost-effective services and a convenient environment as compared to traditional hospitals. Orthopedics, ophthalmology, dermatology, urology, gastroenterology, and pain management are some of the typical specialties served in ASCs. Government investments in ASCs across the U.S. are gaining momentum as they help cut down healthcare costs significantly. The number of ambulatory surgical centers across the country is slated to rise considerably over the next few years.
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Industry Development-
May 2021 – Surgery Partners and UCI Health formed a strategic alliance to expand community access to outpatient surgical facilities for more than 4 million people throughout southern California, Orange County, and the western Riverside County.
Drivers & Restraints-
Growing Consumer Inclination towards ASCs to Aid Market Growth
Consumer preference in the U.S. is gradually shifting from hospitals to ASCs for surgical procedures, which is driving the U.S. ambulatory surgical centers market growth. Consequently, the number of ASCs across the country has increased significantly over the last few years. The popularity of ASCs can be attributed to benefits such as shorter stays, cost-effective procedures, lower risk of infections, faster recovery, and availability of innovative technologies. Significant investments from the government toward developing new ASCs could be witnessed in the forthcoming years.
However, lack of overnight facilities and contingency planning could impact the market growth slightly.
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Segments-
Type of Center, Ownership, Application, and Region are studied for the Market
Based on type of center, the market is divided into single-specialty and multi-specialty.
By ownership, the market is segmented into hospital-owned, physician-owned, and corporate-owned.
In terms of application, the market is classified into diagnostic services and surgical services.
To get to know more about the short-term and long-term impact of COVID-19 on this market,
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Report Coverage-
The research report provides in-depth coverage of granular and actionable data. It focuses on major aspects such as key industry players, products, demanding technologies, and applications. The report offers comprehensive insights into the notable recent developments in rapidly evolving comic book landscape. Additionally, it covers several direct and indirect factors that have contributed to the expansion of the U.S. ambulatory surgical centers market share in the past few years.
List of Key Players Profiled in the U.S. Ambulatory Surgical Centers Market:
- AMSURG
- H. Medical
- Surgery Partners
- SurgCenter
- Surgical Care Affiliates
- HCA Healthcare
- Physicians Endoscopy, LLC
- Covenant Physician Partners, Inc.
- Constitution Surgery Alliance
- ASD Management
- Medical Facilities Corporation
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Major Table of Contents:
- Introduction
- Market Scope
- Market Segmentation
- Market Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Trends
- Key Insights
- Growth in Number of Ambulatory Surgical Centers
- Growth in Number of Ambulatory Surgical Centers by Major Corporate Groups
- Growth in Number of Surgeries Conducted in Ambulatory Surgical Centers
- Single-specialty and Multi-Specialty Ambulatory Surgical Centers Revenue Breakdown, 2020
- Top 10 Surgical Procedures at Ambulatory Surgical Centers, 2018
- Average Price of Selective Procedures – ASCs versus HOPDs
- Average Cost of Selective Procedures – ASCs versus HOPDs
- Impact of COVID-19 on the Market
- U.S. Ambulatory Surgical Centers Market Analysis, Insights and Forecast, 2017-2028
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type of Center
- Single-specialty
- Multi-specialty
- Market Analysis, Insights and Forecast – By Ownership
- Physician-owned
- Hospital-owned
- Corporate-owned
- Market Analysis, Insights and Forecast – By Application
- Diagnostic Services
- Surgical Services
- Market Analysis, Insights and Forecast – By Region
- West U.S.
- South U.S.
- Middle West U.S.
- Northeast U.S.
- Competitive Analysis
- U.S. Market Share Analysis (2020)
- Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
- AMSURG (Kohlberg Kravis Roberts & Co. L.P.)
- TH Medical
- Surgery Partners
- SurgCenter
- Surgical Care Affiliates
- HCA Healthcare
- Physicians Endoscopy, LLC
- Covenant Physician Partners, Inc.
- Constitution Surgery Alliance
- ASD Management
- Medical Facilities Corporation
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