Ambulatory Surgical Centers Market: Development is Changing Business Needs

As per a recent study by Future Market Insights (FMI), the global Ambulatory Surgical Centers Market totalled US$ 85.4 Bn in 2020. With sales growing at a 3.9% CAGR, the market valuation is poised to reach US$ 130.6 Bn by 2031.

Demand for ambulatory surgical centres is being driven by an increase in clinical procedures such as lithotripsy, coronary angiography, hemodialysis, radiotherapy (for cancer), and chemotherapy. Previously, all clinical conditions were treated in hospitals, whether it was a simple suturing procedure or a deep invasive procedure. Because of these minimally invasive procedures, the number of inpatient admissions increased, resulting in hospital disorganisation.

According to the Ambulatory Surgery Center Association, performing a common outpatient procedure in an ambulatory surgical centre can save up to 59% of total spending.

These factors are driving hospital investments in the establishment of ambulatory surgical centres. This is expected to create lucrative opportunities for market platers, particularly in developing regions.

"In the coming years, the market will be driven by rising demand for mobile healthcare services, as well as favourable government policies encouraging the establishment of these centres in rural areas," says an FMI analyst.

Competitive Landscape

Leading players operating in the ambulatory surgical center market are aiming to strengthen their position through product approvals, collaborations, mergers, acquisitions, and partnerships with established and emerging market players. For instance:

  • In January 2020, Surgery Partners acquired Vista Surgical Center that operates into ophthalmic therapeutics to provide healthcare services in the outpatient department.

In 2021, Tenet Healthcare plans to establish 40 ambulatory surgical centers.

Browse More@ https://www.futuremarketinsights.com/reports/ambulatory-surgical-centre-market-092017

Key Market Segments Covered in Ambulatory Surgical Center Industry Research

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

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