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Ambulatory Surgical Center Market

Ambulatory Surgical Center Market

Ambulatory Surgical Center Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

178

Base Year:

2021

Date

Jan - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1257

Segments Covered
  • By Application Ophthalmology, Orthopedics, Gastroenterology, Pain Management/Spinal Injections, Plastic Surgery, Others
  • By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: USD 2.54 Billion
Revenue 2028Revenue 2028: USD 7.53 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 27.6%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Ambulatory Surgical Center  Market Share

Market Synopsis:

Global Ambulatory Surgical Center Market is valued at USD 2.54 Billion in 2021 and is projected to attain a value of USD 7.53 Billion by 2028 at a CAGR of 27.6% during the forecast period, 2022–2028. Increasing demand for minimally invasive operations, technological advancements in surgical instruments and equipment, and surgeon discretion over equipment selection are all contributing to the Ambulatory Surgical Center Market's growth. Rising healthcare prices are a key source of concern for the business, and with them comes the issue that many people cannot afford treatment, including surgical operations. As a result, healthcare providers have been forced to come up with novel ways to make such treatments more inexpensive while maintaining high quality. In this situation, Ambulatory Surgical Center have proven to be a viable option.

Ambulatory Surgical Center Market Size, 2021 To 2028 (USD Billion)

The COVID-19 pandemic has wreaked havoc on many people's lives and companies on a massive scale. Businesses and commercial activity around the world have been severely disrupted by the outbreak. To relieve the load on the healthcare system and reduce disease transmission, various governments throughout the world have issued instructions to postpone or delay non-essential medical and surgical treatments. Travel, commercial operations, public meetings, gaming or gambling venues, casinos, health clubs, fitness/wellness centres, and shelter-in-place orders were all subjected to restrictions and lockdowns, all of which hampered market expansion.

Upsurging Healthcare Costs Worldwide are Anticipated to Boost Product Demand

The cost of healthcare is increasing day by day due to increased demand, making it difficult for the lower middle class and middle class to afford it. As a result, patients prefer Ambulatory Surgical Center than hospitals since they are more cost-effective. Every year, many prosperous countries spend around 10% of their GDP on health. Given the rise in sicknesses, the number is expected to rise. The cost of drugs is increasing. Furthermore, medical practitioners' lucrative remuneration packages are another element putting strain on people's wallets.

High-Cost Pertaining to Setting up an Ambulatory Surgical Center Hampers Market Growth

The high cost of establishing the necessary infrastructure, as well as a scarcity of skilled professionals, are expected to stifle market growth. Even though ambulatories are known for offering patients with cost-effective medical operations, the initial cost of establishing all necessary infrastructure, such as buildings, equipment, and other medical apparatus, is too high, which may pose a threat to the market's growth. Furthermore, a scarcity of qualified workers with sufficient knowledge could stifle the expansion of the Ambulatory Surgical Center industry, since doctors and experts want people who are a cut above the rest.

Market Segmentation:

Global Ambulatory Surgical Center Market can be segmented by Technology into Ophthalmology, Orthopaedics, Gastroenterology, Pain Management/Spinal Injections, Plastic Surgery and Others. Based on Region, the Ambulatory Surgical Center Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Below tree is interactive. You can click the nodes to get more information.

North America to Continue Dominating the Ambulatory Surgical Center Market

In 2020, North America dominated with the highest revenue share. The expansion of this segment is due to factors such as a high level of public awareness about the existence of such services. According to research, the United States has over 9,000 active Ambulatory Surgical Center around the country, and the number is expanding due to the high cost of hospital care. On the other hand, the existence of major medical corporations is another important element driving the a Ambulatory Surgical Center industry because they can afford to invest in such facilities.

Key Players:

Key industry contributors include Community Health Systems, Inc.; Envision Healthcare Corporation; Terveystalo; Tenet Healthcare Corporation; MEDNAX Services, Inc.; TeamHealth; Quorum Health Corporation; UnitedHealth Group; Surgery Partners; and Healthway Medical Group.

Ambulatory Surgical Center Market is segmented as follows:

Parameter Details
Segments Covered
  • Application (Ophthalmology, Orthopedics, Gastroenterology, Pain Management/Spinal Injections, Plastic Surgery, Others)
  • Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Community Health Systems Inc.
  • Envision Healthcare Corporation
  • Terveystalo
  • Tenet Healthcare Corporation
  • MEDNAX Services Inc.
  • TeamHealth
  • Quorum Health Corporation
  • UnitedHealth Group
  • Surgery Partners
  • Healthway Medical Group
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Ambulatory Surgical Center Market is tabulated as follows:

Ambulatory Surgical Center Market to Reach Valuation of USD 7.53 Billion by 2028 - Increasing Number of Surgeries as Well as Increasing Chronic Disease Prevalence Flourish the Market
In terms of revenue, the Global Ambulatory Surgical Center Market is expected to reach USD 7.53 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 27.6% from 2022 to 2028. Increasing demand for minimally invasive surgeries, increase in the number of surgeries as well as increasing ...
FAQ
Frequently Asked Question
  • The global Ambulatory Surgical Center valued at USD 2.54 Billion in 2020 and is expected to reach USD 7.53 Billion in 2028 growing at a CAGR of 27.6%.

  • The prominent players in the market are Community Health Systems, Inc., Envision Healthcare Corporation, Terveystalo, Tenet Healthcare Corporation, MEDNAX Services, Inc., TeamHealth, Quorum Health Corporation, UnitedHealth Group, Surgery Partners, Healthway Medical Group.

  • The market is project to grow at a CAGR of 27.6% between 2021 and 2028.

  • The driving factors of the Ambulatory Surgical Center include

    • Up surging Healthcare Costs Worldwide are Anticipated to Boost Product Demand

  • North America was the leading regional segment of the Ambulatory Surgical Center in 2020.