Ambulatory Surgical Centers Market Insights on Emerging Scope Prophesy

According to a recent study by Future Market Insights (FMI), the global Ambulatory Surgical Centers Market will be worth $85.4 billion in 2020. With sales increasing at a 3.9% CAGR, the market is expected to be worth US$ 130.6 billion by 2031.

An increase in clinical procedures such as lithotripsy, coronary angiography, hemodialysis, radiotherapy (for cancer), and chemotherapy is driving demand for ambulatory surgical centres. Previously, hospitals treated all clinical conditions, whether it was a simple suturing procedure or a deep invasive procedure. The number of inpatient admissions increased as a result of these minimally invasive procedures, resulting in hospital disorganisation.

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

These factors are propelling hospital investments in ambulatory surgical centres. This is expected to open up lucrative opportunities for market platers, particularly in developing countries.

"Rising demand for mobile healthcare services, as well as favourable government policies encouraging the establishment of these centres in rural areas, will drive the market in the coming years," 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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