Ambulatory Surgery Centres Market Size (2023 - 2030)

The Global Ambulatory Surgery Centers Market was valued at $2 billion in 2022, and is estimated to reach revenue of $8 billion by 2030, growing at a CAGR of 27.2% during the forecast period 2023 - 2030. Increasing demand for minimally invasive surgeries, technological advances in surgical tools and equipment, and control by surgeons over the choice of such equipment, affordability and an increase in the number of ambulatory surgery centers (ASCs) are the key drivers of growth for the market.

Ambulatory surgery centers are also known as ASCs or surgical centres, are modern health care facilities focused on delivering the same-day surgical services, including diagnostic and preventive procedures. This ensures that patients treated in such surgical centers will not need hospital treatment and are well enough to go home after the operation.

MARKET DRIVERS

Factors driving the ambulatory surgery center's market growth are the growing demand for minimally invasive surgeries and advancements in technology. The increase in the number of surgeries, the rising occurrence of chronic diseases with a growing patient population boosts the ASCs market growth during the forecast period. The benefits associated with are fewer hospital stays, decreased hospital-acquired infections, and developing post-operative quick recovery fosters the ASCs market growth. The demand for advanced treatment for patients with chronic diseases, and treatments with advanced technologies help in boosting the ASCs market growth globally. In December 2018, a cloud-based HIE called NextGen (A) Health Data Hub was launched by NextGen Healthcare Inc. The launch is to support sharing patient health records and aggregation. 

MARKET RESTRAINTS

• Absence of professionals

The lack of professionals in underdeveloped countries like South America and Africa together with the appearance of multispecialty hospitals hinders the ambulatory surgical centers market growth. 

• Expensive procedures

The cost of the surgical procedures and the treatment is increasing where the patients cannot afford them, which restrains the ASCs market growth. The physician-to-patient ratio in some of the countries limits the growth of the market globally. 

AMBULATORY SURGERY CENTERS MARKET REPORT COVERAGE

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Segmentation Analysis

This global market research report is segmented and sub-segmented into the following categories:

Ambulatory Surgery Centers Market – By Surgery

• Cataract Surgery
• Orthopedic Surgery
• Endoscopic Procedure
• Gastroenterology
• Urological Procedure
• Vascular Surgery
• Pulmonary Surgery
• Pain Management and Others

Gastroenterology holds the highest market share globally. Gastroenterology procedures are performed in each of the ambulatory centers annually. This can be attributed to changes in lifestyle and excessive intake of high-cholesterol diet and junk food. This aspect is estimated to raise demand for ambulatory facilities for digestive disorders. Over the forecast period, the cataract surgery segment is projected to witness higher growth levels of CAGR compared to other specialty field.

Ambulatory Surgery Centers Market – By Type

• Hospital-Based Ambulatory  Surgical Centers 
• Free Standing Ambulatory  Surgical Centers 

The segment of hospital-based ambulatory surgical centers dominated the global market in 2022 by reporting higher CAGR compared to other segments. Over the forecast period, the freestanding ambulatory surgical center segment is estimated to experience higher growth rates as a decreasing number of freestanding ambulatory surgical centers, though more centers are established within a larger facility providing a wider range of ambulatory care services to achieve economies of scale and gain competitive edge.

Ambulatory Surgery Centers Market – By Location

• Urban 
• Rural 

Ambulatory Surgery Centers Market – By Services

• Laceration Treatment
• Bone Fracture Treatment
• Emergency Care 
• Accident Treatment

The need to monitor the increasing healthcare costs and boost healthcare services quality by increased medical errors is a major factor that drives demand for solutions from healthcare providers.

Regional Analysis

Geographically, ambulatory surgery centers market is analyzed on the following regions:

• North America
• Europe
• Asia Pacific
• LATAM
• MEA

North American ambulatory surgery centers market is accounted to hold the largest share in the region in 2018 and is likely to continue its dominance across the historical period. The growth in the region attributes to growing government funds and investments to develop primary care services and escalating outpatient coverage services. The United States held a majority of the share in the ASCs market. The growth in the country owes to the availability of insurance coverage for some of the intricated surgeries carried out at the ASCs. Beneficial reimbursement policies for healthcare treatments and growing significance for minimally invasive surgeries for outpatients aid market growth. AS per the National Institute of Diabetes and Digestive and Kidney Diseases, in the U.S., around 60 million individuals are affected with digestive disorders. 

Europe is considered the second-largest region growing with substantial growth in the ambulatory surgery centers market. The market growth in the region owes to the increasing patient pool who are more exposed to chronic diseases, and the rising number of surgeries being performed. The European government has taken some measures to perform surgeries on an outpatient basis which supports the market growth. The United Kingdom ASCs account for more than 18% in 2017 and are likely to grow by 2030. Key players included in the Ambulatory surgery centers market are London Day Surgery Centre, BMI Blackheath Hospital Outpatient Centre, Alan Cumming Day Surgery Unit, and more. The Ghent University Hospital provides a large variety of medical services to patients.

In Asia-Pacific, ambulatory surgery centers are still new. The region is projected to experience quick growth over the upcoming years. Countries like Japan, India, Singapore, Australia, and the rest of APAC are the major contributors to the market growth in the region. Favorable government policies to upgrade the medical system and quick economic development augment the growth in the global ASCs. 

Latin America and the Middle East & African regions in the ambulatory surgery centers is likely to grow with quick rate over the upcoming years.

Key Market Players

Some of the Key players in industry include Quorum Health Corporation, Envision Healthcare Corporation, Terveystalo, Tenet Healthcare Corporation, MEDNAX Services, TeamHealth, AmSurg Corp, Surgical Care Affiliates, Surgery Partners, United Surgical Partners International Inc. McKesson Corporation, Allscripts Healthcare Solutions, Philips Healthcare.