Product Code: GVR-2-68038-893-0
Ambulatory Surgery Centers Market Growth & Trends:
The global ambulatory surgery centers market size is expected to reach USD 191.5 billion by 2030, according to a new report by Grand View Research, Inc.. The market is projected to expand at a CAGR of 6.18% from 2023 to 2030. Key factors driving the market growth for ambulatory surgery centers include an increase in the number of surgeries, the growing burden of chronic diseases, and the rising geriatric population.
The number of patient admissions is slowly decreasing in hospitals, owing to increasing outpatient visits. This is primarily due to high hospitalization costs and the adoption of technologically advanced methods in outpatient centers, making treatments fast and cost-effective. Advanced surgical techniques allow tests and procedures to be performed without hospital admission. Increasing pressure from Medicare and payers has also increased the number of people opting for a diagnostic test in nearby community ambulatory care units compared to a city hospital.
Furthermore, the introduction of nonsurgical procedures and minimally invasive surgeries supported by technological advancements have reduced the duration of hospital stays, reducing healthcare expenditure. For instance, endoscopy and laparoscopic technology development has reduced the need for hospital admissions. According to Cleveland Clinic in 2022, approximately 13 million laparoscopic surgeries are conducted globally each year. Some surgeries, such as cataract surgery that earlier required a hospital stay, can now be completed in a day in outpatient or ambulatory centers.
Key participants are engaged in different strategies to expand their global footprint through innovations, partnership collaborations, and product launches. For instance, in January 2023 , McLeod Health announced its partnership with Wesmark Ambulatory Surgery Center to expand its reach of hospital systems & offer multi-specialty services of ambulatory surgery for the Sumter community in South Carolina. Centura Mercy Hospital and United Surgical Partners International partnered in July 2022 to establish an ambulatory surgical center (ASC) in Colorado, as part of Centura Mercy Hospital's commitment to providing superior treatment.
Ambulatory Surgery Centers Market Report Highlights:
- In terms of application, the gastroenterology segment held a significant share of the market in 2022. The segment's growth is attributed to the increasing prevalence of gastric diseases globally
- Based on ownership, the physician-owned segment dominated the market in 2022. The segment is continuously growing due to the rise in prevalence of chronic diseases
- On the basis of center type, the single-specialty segment dominated the market in 2022. The segment's growth is attributed to the rising number of single-specialty ambulatory surgery centers
- North America accounted for a substantial share of the market in 2022. Local presence of key market players, increasing coverage for outpatient services, and growing adoption of advanced point-of-care technology are among the factors contributing to the high regional share
- The rising number of plastic surgery procedures due to increased awareness about its safety and effectiveness is anticipated to drive the growth of ambulatory services over the estimated time period
- In June 2022, USPI & United Urology Group announced a partnership across 22 ASCs. USPI has acquired United Urology Group's portion in ASCs in Colorado, Maryland, & Arizona, as part of this deal. The ambulatory surgery centers will be operated & owned by the joint venture, and USPI will provide support and management services to the ASCs
Table of Contents
Chapter 1. Methodology And Scope
- 1.1. Market Segmentation And Scope
- 1.1.1. Segment Definitions
- 1.1.1.1. Application Segment
- 1.2. Regional Scope
- 1.3. Estimates And Forecast Timeline
- 1.4. Objectives
- 1.4.1. Objective - 1
- 1.4.2. Objective - 2
- 1.4.3. Objective - 3
- 1.5. Research Methodology
- 1.6. Information Procurement
- 1.6.1. Purchased Database
- 1.6.2. Gvr's Internal Database
- 1.6.3. Secondary Sources
- 1.6.4. Primary Research
- 1.7. Information Or Data Analysis
- 1.7.1. Data Analysis Models
- 1.8. Market Formulation & Validation
- 1.9. Commodity Flow Analysis
- 1.10. Volume Price Analysis
- 1.11. List Of Secondary Sources
- 1.12. List Of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Segmentation And Scope
- 3.2. Market Lineage Outlook
- 3.2.1. Parent Market Outlook
- 3.2.2. Related/Ancillary Market Outlook
- 3.3. Market Trends And Outlook
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.1.1. Cost-Effective Alternative
- 3.4.1.2. Technological Advancements And Increasing Demand For Minimally Invasive Surgeries
- 3.4.2. Market Restraint Analysis
- 3.4.2.1. Operational Uncertainty
- 3.4.2.2. Regulatory Concerns Associated With Outpatient Care
- 3.5. Business Environment Analysis
- 3.5.1. PESTLE Analysis
- 3.5.2. Porter's Five Forces Analysis
- 3.6. COVID-19 Impact Analysis
Chapter 4. Ambulatory Surgery Centers Market: Application Analysis
- 4.1. Ambulatory Surgery Centers Market: Application Movement Analysis
- 4.2. Orthopedics
- 4.2.1. Orthopedics Market, 2018 - 2030 (USD Billion)
- 4.3. Pain Management/Spinal Injections
- 4.3.1. Pain Management/Spinal Injections Market, 2018 - 2030 (USD Billion)
- 4.4. Gastroenterology
- 4.4.1. Gastroenterology Market, 2018 - 2030 (USD Billion)
- 4.5. Ophthalmology
- 4.5.1. Ophthalmology Market, 2018 - 2030 (USD Billion)
- 4.6. Plastic Surgery
- 4.6.1. Plastic Surgery Market, 2018 - 2030 (USD Billion)
- 4.7. Otolaryngology
- 4.7.1. Otolaryngology Market, 2018 - 2030 (USD Billion)
- 4.8. Obstetrics/Gynecology
- 4.8.1. Obstetrics/Gynecology Market, 2018 - 2030 (USD Billion)
- 4.9. Dental
- 4.9.1. Dental Market, 2018 - 2030 (USD Billion)
- 4.10. Podiatry
- 4.10.1. Podiatry Market, 2018 - 2030 (USD Billion)
- 4.11. Others
- 4.11.1. Other Applications Market, 2018 - 2030 (USD Billion)
Chapter 5. Ambulatory Surgery Centers Market: Ownership Analysis
- 5.1. Ambulatory Surgery Centers Market: Ownership Movement Analysis
- 5.2. Physician-Owned
- 5.2.1. Physician-Owned Market, 2018 - 2030 (USD Billion)
- 5.3. Hospital-Owned
- 5.3.1. Hospital-Owned Market, 2018 - 2030 (USD Billion)
- 5.4. Corporate-Owned
- 5.4.1. Corporate-Owned Market, 2018 - 2030 (USD Billion)
Chapter 6. Ambulatory Surgery Centers Market: Center Type Analysis
- 6.1. Ambulatory Surgery Centers Market: Center Type Movement Analysis
- 6.2. Single-Specialty
- 6.2.1. Single-Specialty Market, 2018 - 2030 (USD Billion)
- 6.3. Multi-Specialty
- 6.3.1. Multi-Specialty Market, 2018 - 2030 (USD Billion)
Chapter 7. Ambulatory Surgery Centers Market: Regional Analysis
- 7.1. Ambulatory Surgery Centers Market Share By Region, 2022 & 2030
- 7.2. North America
- 7.2.1. North America Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. Key Country Dynamics
- 7.2.2.2. Regulatory Framework & Reimbursement Scenario
- 7.2.2.3. Competitive Scenario
- 7.2.2.4. U.S. Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Regulatory Framework & Reimbursement Scenario
- 7.2.3.3. Competitive Scenario
- 7.2.3.4. Canada Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Regulatory Framework & Reimbursement Scenario
- 7.3.2.3. Competitive Scenario
- 7.3.2.4. UK Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Regulatory Framework & Reimbursement Scenario
- 7.3.3.3. Competitive Scenario
- 7.3.3.4. Germany Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.4. France
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Regulatory Framework & Reimbursement Scenario
- 7.3.4.3. Competitive Scenario
- 7.3.4.4. France Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.5. Italy
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Regulatory Framework & Reimbursement Scenario
- 7.3.5.3. Competitive Scenario
- 7.3.5.4. Italy Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.6. Spain
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Regulatory Framework & Reimbursement Scenario
- 7.3.6.3. Competitive Scenario
- 7.3.6.4. Spain Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.7. Sweden
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Regulatory Framework & Reimbursement Scenario
- 7.3.7.3. Competitive Scenario
- 7.3.7.4. Sweden Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.8. Norway
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Regulatory Framework & Reimbursement Scenario
- 7.3.8.3. Competitive Scenario
- 7.3.8.4. Norway Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.3.9. Denmark
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Regulatory Framework & Reimbursement Scenario
- 7.3.9.3. Competitive Scenario
- 7.3.9.4. Denmark Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.2. Japan
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. Regulatory Framework & Reimbursement Scenario
- 7.4.2.3. Competitive Scenario
- 7.4.2.4. Japan Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.3. China
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Regulatory Framework & Reimbursement Scenario
- 7.4.3.3. Competitive Scenario
- 7.4.3.4. China Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.4. India
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Regulatory Framework & Reimbursement Scenario
- 7.4.4.3. Competitive Scenario
- 7.4.4.4. India Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.5. Australia
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Regulatory Framework & Reimbursement Scenario
- 7.4.5.3. Competitive Scenario
- 7.4.5.4. Australia Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.6. Thailand
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Regulatory Framework & Reimbursement Scenario
- 7.4.6.3. Competitive Scenario
- 7.4.6.4. Thailand Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.4.7. South Korea
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Regulatory Framework & Reimbursement Scenario
- 7.4.7.3. Competitive Scenario
- 7.4.7.4. South Korea Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Regulatory Framework & Reimbursement Scenario
- 7.5.2.3. Competitive Scenario
- 7.5.2.4. Brazil Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.5.3. Mexico
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Regulatory Framework & Reimbursement Scenario
- 7.5.3.3. Competitive Scenario
- 7.5.3.4. Mexico Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.5.4. Argentina
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Regulatory Framework & Reimbursement Scenario
- 7.5.4.3. Competitive Scenario
- 7.5.4.4. Argentina Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.6. MEA
- 7.6.1. MEA Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.6.2. South Africa
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Regulatory Framework & Reimbursement Scenario
- 7.6.2.3. Competitive Scenario
- 7.6.2.4. South Africa Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Regulatory Framework & Reimbursement Scenario
- 7.6.3.3. Competitive Scenario
- 7.6.3.4. Saudi Arabia Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.6.4. UAE
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Regulatory Framework & Reimbursement Scenario
- 7.6.4.3. Competitive Scenario
- 7.6.4.4. UAE Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
- 7.6.5. Kuwait
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Regulatory Framework & Reimbursement Scenario
- 7.6.5.3. Competitive Scenario
- 7.6.5.4. Kuwait Ambulatory Surgery Centers Market, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Strategy Mapping
- 8.2.1. Mergers & Acquisitions
- 8.2.2. Collaborations
- 8.2.3. New Service Launches
- 8.3. Participant's Overview
- 8.3.1. Envision Healthcare Corporation
- 8.3.1.1. Overview
- 8.3.1.2. Financial Performance
- 8.3.1.3. Service Benchmarking
- 8.3.1.4. Strategic Initiatives
- 8.3.2. Surgery Partners
- 8.3.2.1. Overview
- 8.3.2.2. Financial Performance
- 8.3.2.3. Service Benchmarking
- 8.3.2.4. Strategic Initiatives
- 8.3.3. Tenet Healthcare Corporation
- 8.3.3.1. Overview
- 8.3.3.2. Financial Performance
- 8.3.3.3. Service Benchmarking
- 8.3.3.4. Strategic Initiatives
- 8.3.4. Pediatrix Medical Group
- 8.3.4.1. Overview
- 8.3.4.2. Financial Performance
- 8.3.4.3. Service Benchmarking
- 8.3.4.4. Strategic Initiatives
- 8.3.5. Teamhealth
- 8.3.5.1. Overview
- 8.3.5.2. Service Benchmarking
- 8.3.5.3. Strategic Initiatives
- 8.3.6. Unitedhealth Group
- 8.3.6.1. Overview
- 8.3.6.2. Financial Performance
- 8.3.6.3. Service Benchmarking
- 8.3.6.4. Strategic Initiatives
- 8.3.7. Quorum Health Corporation
- 8.3.7.1. Overview
- 8.3.7.2. Financial Performance
- 8.3.7.3. Service Benchmarking
- 8.3.7.4. Strategic Initiatives
- 8.3.8. NOVENA GLOBAL HEALTHCARE GROUP, INC.
- 8.3.8.1. Overview
- 8.3.8.2. Service Benchmarking
- 8.3.8.3. Strategic Initiatives
- 8.3.9. Community Health Systems, Inc.
- 8.3.9.1. Overview
- 8.3.9.2. Financial Performance
- 8.3.9.3. Service Benchmarking
- 8.3.9.4. Strategic Initiatives
- 8.3.10. Terveystalo
- 8.3.10.1. Overview
- 8.3.10.2. Financial Performance
- 8.3.10.3. Service Benchmarking
- 8.3.10.4. Strategic Initiatives
- 8.3.11. Surgcenter Development
- 8.3.11.1. Overview
- 8.3.11.2. Service Benchmarking
- 8.3.11.3. Strategic Initiatives
- 8.3.12. Healthway Medical Group
- 8.3.12.1. Overview
- 8.3.12.2. Financial Performance
- 8.3.12.3. Service Benchmarking
- 8.3.12.4. Strategic Initiatives
- 8.3.13. Prospect Medical Group
- 8.3.13.1. Overview
- 8.3.13.2. Service Benchmarking
- 8.3.13.3. Strategic Initiatives
- 8.3.14. Group Eifelhohen-Klinik AG
- 8.3.14.1. Overview
- 8.3.14.2. Service Benchmarking
- 8.3.15. Edward-Elmhurst Health
- 8.3.15.1. Overview
- 8.3.15.2. Service Benchmarking
- 8.3.15.3. Strategic Initiatives