Ambulatory Surgical Centers Market Demand: Strong Pipeline to Rapidly Surge Growth

The Ambulatory Surgical Centers Market was valued at $85.4 billion in 2020 and is expected to grow at a 3.9% CAGR from 2021 to 2031, reaching $130.6 billion by 2031.

The report divides the global ambulatory surgical centres market into four sections: centre type, modality, services speciality area, and region. There are two types of ambulatory surgical centres in the world: single specialty centres and multispecialty centres.

The rising number of Coronavirus cases as a result of the COVID-19 pandemic has increased hospital demand for outpatient treatment facilities, which is boosting the outlook for the global ambulatory surgical centres market. High deployment costs and large infrastructure investments, on the other hand, are expected to stifle industry growth throughout the study period.

Key Insights from FMI’s Report on the Ambulatory Surgical Centres Market

  • The global ambulatory surgical centre market is being driven by a growing emphasis on healthcare cost containment and increased Medicare spending on ASCs.
  • The global market for ambulatory surgical centres has been impacted by an increase in the number of outpatient surgeries in recent years. Furthermore, a significant portion of outpatient procedures shifted from hospitals to free-standing ambulatory surgical facilities during the same time period.
  • Over the last decade, various entities across the healthcare continuum, including private insurance companies, self-insured employers, and government payers, have implemented significant cost-cutting measures.
  • Leading manufacturers are focusing on establishing manufacturing facilities in emerging markets, which would significantly boost growth prospects by eliminating import-export hiccups.

Surgical Services Segment Dominates by Service Type

By 2017, the surgical services segment is expected to dominate the global ambulatory surgical centres market by service type, with a higher value share of the market. The surgical services segment is expected to reach US$ 77,664.3 Mn by 2027 end, growing at a 4.2% CAGR during the forecast period.

Gastroenterology Segment is the Most Attractive Segment by Specialty Area

During the forecast period, gastroenterology is expected to dominate the global ambulatory surgical centres market in terms of value share. Gastroenterology is expected to grow at a CAGR of 4.7% over the forecast period.

Ambulatory Surgical Centres Market: Key Players 

Key competitors covered in the report include AmSurg Corp., HCA Holdings, Inc., Tenet Healthcare, Surgical Care Affiliates, Inc., Ambulatory Surgical Centers of America, Surgery Partners, Medical Facilities Corporation, Healthway Medical Group and Community Health Systems, Inc.

North America Will Continue to Grow at an Exponential Rate

FMI investigated the ambulatory surgical centre market in seven major regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa. North America is expected to dominate the ambulatory surgical centre market value share, reaching US$ 61,588.4 Mn by the end of 2027. Western Europe, followed by APEJ, is expected to have the second largest market value share. North America and Europe are expected to account for more than 82% of the market during the forecast period. MEA is expected to be the least appealing region for ambulatory surgical centres in the global market.

Hospital-Based Ambulatory Surgical Centre Segment Accounts for Higher Market Demand

With a 59.5% value share, hospital-based ambulatory surgical centres are expected to dominate the global ambulatory surgical centres market in 2017. The hospital-based ambulatory surgical centre segment is expected to reach US$ 69,700.4 Mn by the end of 2027, growing at a 4.4% CAGR during the forecast period.

Multispecialty Centres Segment is the Most Lucrative Segment

The multispecialty centres segment is expected to dominate the ambulatory surgical centres market by product type, accounting for 65% of the market's value by the end of 2017. The segment of multispecialty centres is expected to reach US$ 76,028.6 Mn by 2027 end, growing at the fastest CAGR of 4.4% during the forecast period.

Ambulatory Surgical Center by Category

By Centers Type:

  • Single Specialty Centers
  • Multispecialty Centers

By Modality:

  • Hospital-Based Ambulatory Surgical Center
  • Freestanding Ambulatory Surgical Center

By Services:

  • Diagnostic Services
  • Surgical Services

By Specialty Area:

  • Gastroenterology
  • Ophthalmology
  • Orthopaedics
  • Pain/Neurology
  • Urology
  • Dermatology
  • Others

Read More@ https://www.futuremarketinsights.com/reports/ambulatory-surgical-centre-market

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