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

Comments

Post a Comment

Popular posts from this blog

Handheld Ultrasound Scanners Market Will Generate Booming Growth Opportunities to 2032

Image
According to industry predictions, the global Handheld Ultrasound Scanners Market Demand will increase at a CAGR of 9.1% from 2022 to 2032, reaching a value of US$ 472.1 million by the end of 2022. By 2032, sales are estimated to exceed a valuation of roughly US$ 1.1 billion. With an expected 83.6% market share in 2021, the wired modality now leads the sector. Because they connect to Bluetooth or Wi-Fi devices such as mobile phones or tablets, Handheld Ultrasound Scanners are gaining appeal among both medical professionals and non-radiologists. These devices improve networking systems and ease picture transfer to medical facilities. Global Handheld Ultrasound Scanners Market: Dynamics         Technological advancements in medical imaging devices, increased use of Handheld Ultrasound Scanners among non-radiologists, benefits from international trade agreements, increased importing of imaging diagnostics systems, increased use of Handheld Ultrasound Scanners in emergency medical service
Read more

Targeted Therapies for Sandhoff Disease | Assessing the Global Market Landscape

Image
The global Sandhoff Disease Therapeutics Market Size is expected to be worth US$ 10 million in 2023 and US$ 17.91 million by 2033, with a CAGR of 6% from 2023 to 2033. From 2018 to 2022, the Sandhoff Disease Treatments market increased at a 4% CAGR. According to the most recent studies, Sandhoff sickness is a rare disorder that affects 1 in 1,000,000 people. The rising demand for these medications is projected to spur the discovery of novel therapies, propelling the market forward in the coming years. Gene therapy is being investigated as a potential treatment for Sandhoff disease. The therapy restores the ability to break down GM2 ganglioside by delivering a functional copy of the missing enzyme into the patient's cells. This has the potential to reduce or stop disease progression while also improving patient quality of life. Key Takeaways from the Market Study   The Sandhoff Disease Therapeutics market increased at a 4% CAGR from 2018 to 2022. From 2023 to 2033, the global Sandh
Read more

Antidiabetics Market to reach US$ 223 billion by 2032, growing at a 9.6% CAGR from 2022 to 2032 | Future Market Insights, Inc.

Image
The global Antidiabetics Market is expected to earn US$ 223 billion while expanding at a CAGR of 9.6% during the forecast period. The rising prevalence of diabetes worldwide can be attributed to the market's expansion. The ageing baby boomer population is another factor driving the market during the forecast period. According to the International Diabetes Federation, the global diabetes incidence will increase from 366 million in 2011 to 552 million by 2030. During the forecast period, the industry is expected to benefit from a significant increase in the number of diabetic patients. Furthermore, new product development is expected to benefit the market in the near future. For example, Novo Nordisk, a Danish pharmaceutical company, announced the launch of oral semaglutide for the treatment of Type 2 diabetes in India in January 2022. Furthermore, the development of advanced pumps based on smart technologies like AI and ML is expected to open up a slew of new doors. For exampl
Read more