Market Overview

The global ambulatory surgical centres Market size accrued earnings worth approximately USD 134.95 Billion in 2023 and is predicted to gain revenue of about USD 229.9 Billion by 2032, is set to record a CAGR of nearly 6.25% over the period from 2024 to 2032.

The market will increase significantly in this industry because the number of ambulatory surgery centres (ASCs) will be on the increase and an increased shift of surgical procedures from hospitals to ambulatory centres require cost-effective and efficient treatment. The diagnostic techniques and surgeries have evolved to improve; some examples are minimally invasive surgeries, endoscopy, and laparoscopy, among others.

Increased hospital stay cost has boosted demand for ambulatory services, and this should contribute to the market growth. Ambulatory Surgery Centre Association recently published a report showing that ambulatory surgery centre presence and utilization saved annual healthcare expenditures in the United States by USD 38 billion. This shows that ASCs facilitate healthcare affordability and accessibility.

Besides that, health care expenditure at ambulatory surgery centres is considerably cheaper compared to a hospital. According to OR Manager comprehensive report based on data by CMS from January 2020, the annual surgical procedure conducted in the U.S stands at 57 billion. This surgical procedure takes less than 20% of which happens inpatient within a hospital setting. In turn, the ambulatory surgery centre gains an upward demand. One of the reasons why ASCs are becoming popular is due to lower healthcare expenditure. It has changed the face of healthcare delivery because more patients prefer to undergo procedures in these facilities as outpatients.

The significant players in the healthcare sector are engaged in various strategic initiatives to expand their market share with the acquisition of medical practices and outpatient facilities. In this regard, these steps are pursued to expand the reach and to enable the services to be improved. For instance, on October 2023, the firm was reported to have bought SurgNet Health Partners, Inc., acquiring Lippy Surgery Centre, providing medical and surgical services for otolaryngology; and Executive Ambulatory Surgery Centre, offering surgical services.

Market Drivers

Rising Demand for Outpatient Surgeries

The growth of interest in outpatient service is another fundamental driver of an ASC. Due to their well-organized process designed to eliminate some of the extra waiting hours compared to hospitalizations, most procedures performed may be completed over the same period, and patients may immediately be discharged as soon as services are finished on the same day. It tends to be suitable for individuals, who need appropriate and timely results without lengthy exposure to hospital-like settings. Furthermore, ASCs dramatically reduce the potential for HAIs, an area of growing concern in healthcare. By servicing a smaller, more contained patient population and utilizing robust infection control protocols, ASCs are inherently safer than inpatient environments. This safety advantage, coupled with cost effectiveness and high-quality care, has made outpatient environments a highly appealing choice for patients, providers, and payers. As more value-based care is adopted in healthcare systems, demand for outpatient procedures in ASCs will continue to increase. This will expand the market further.

Market Opportunities

Expansion into Complex Procedures

The ambulatory surgical centre, better equipped now due to enhanced technology and specific training, takes on more advanced surgeries, including joint replacements and spinal procedures. Innovative approaches in surgical techniques, minimal invasive interventions, and new anaesthesia models are all related to higher accuracy and faster recoveries that nowadays enable complex cases, like these two, to leave hospitals for the same kind of recovery at an outpatient facility. These factors include enhanced preoperative and postoperative protocols, improved pain management, faster recovery times, and even same-day discharge, which are very important for ASCs. Simultaneously, continuous training and skill sharpening of surgeons and employees will equip them to handle the complexities of these surgeries, at least making sure that patient care and safety will be safeguarded. This opens the range of procedures an ASC can perform to other, larger possibilities, besides creating cost-effective convenience alternatives to inpatient care. This aspect should see more sophisticated technologies increasingly available to handle increasingly complex surgery performed within an ASC setting, leading to their increased use.

Market Restraining Factors

Regulatory and Compliance Challenges

Strict regulatory requirements and certification processes are enormous hurdles to opening and operating new ASCs. Facilities must meet extremely strict state and federal regulations concerning patient safety, quality standards, and operational benchmarks. These requirements include facility design specifications, licensing of staff, infection control protocols, and compliance with patient care guidelines. Furthermore, to maintain accreditation by entities like the Joint Commission or AAAHC, ASCs must have very rigorous national, standardized evaluations and compliance review. These processes can be time-consuming and expensive, especially for smaller facilities or those located in less resource-challenged places. This level of regulation also tends to delay or limit the establishment of new ASCs or their growth in services. While these regulations help ensure safety and quality, they can sometimes limit entry in ways that might impede competition and innovation within the ASC market and then limit patients' access to more affordable surgical care.

Segmentation Analysis

The market scope is segmented because of by Service Type, by Ownership, by Specialty, by End-User, by Revenue Source, by Region.

By Service Type

Based on the Service Type of the market is segmented into Surgical Services, Diagnostic Services.

The surgical services segment continues to be the most important segment in the ASCs market mainly because of the increasing demand for minimally invasive procedures and advancement in surgical technology. Surgical services in an ASC include orthopaedics, ophthalmology, gastroenterology, neurology, and general surgery, which are normally less complex and also performed on an outpatient basis. This makes them the first choice for ASCs in offering convenience and lower costs to their patients. For example, cataract surgery has emerged as one of the most frequently performed ophthalmological procedures for its high success rate, short recovery, and low expense as compared to a similar procedure in hospital settings.

The diagnostic services segment is smaller but growing with ASCs adding more capabilities such as imaging and laboratory services. Such diagnostic services as MRI scans or biopsies supplement surgical services with the capability of doing precise preoperative evaluation and postoperative monitoring. For example, gastrointestinal ASCs usually combine endoscopic diagnostic procedures with therapeutic interventions such as removal of polyps. All these elements call for the importance of ASCs in offering proper, specialized care and patient-centred health solutions.

By Ownership

Based on the Ownership of the market is segmented into Hospital-Owned ASCs, Freestanding/Independent ASCs, Corporate-Owned ASCs.

The market is dominated by Hospital-owned ASCs that possess a solid position in the established health care networks, and patients trust such networks for surety of service delivery. ASCs benefit from hospital resources including superior medical technology, experienced personnel, and an existing system of referral. For instance, a Hospital-owned ASC could be performing arthroscopies in the knee, utilizing the experienced surgeons in the hospital and post-operative rehabilitation facilities.

Privately owned, freestanding or independent ASCs are usually physician or small group operated and are usually used to provide specialized services to a patient population, providing a more efficient and cost-effective way of meeting those needs. They tend to be single-specialty facilities, like gastroenterology, which perform procedures like colonoscopies, and because they are freestanding, they are able to run very lean operations and tailor care to each patient.

Corporate-owned ASCs are managed by large health care corporations or management companies. These entities can apply economies of scale to standardize operations and add services. A corporate-owned chain of ASCs, for instance, may specialize in high-volume ophthalmology surgery such as cataract removal to maintain consistent care in multiple locations. Such different ownership models reflect the diversity of strategies involved in providing quality outpatient surgical care.

Regional Snapshots

By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. The market share in North America is the highest in the world as it has a well-developed healthcare system, high adoption of advanced medical technologies, and positive reimbursement policies. Hence, the United States accounts for the most significant share. Growth in the number of ASCs in the region is being driven by the rising incidence of chronic diseases and increased demand for cost-effective outpatient procedures. For instance, orthopaedic and ophthalmology procedures are the most common procedures performed in U.S.-based ASCs, considering the advancement in minimally invasive techniques.

The other big market is Europe, driven by the increasing outpatient care shift and government's push to curtail healthcare expenses. The number of ASCs has increased substantially in countries like Germany and the UK, with an increase in specialties such as gastroenterology and urology. Stringent regulations and differences in the reimbursement model do present challenges for the growth of the market in the region.

The Asia-Pacific region is being observed as a fast-growing market for ASCs, mainly as a result of lifestyle-related diseases, and growing investments into healthcare. Because of the strong expansion of its middle-class, rising disposable income, and a growing access level to healthcare for China, India, and Japan, these single-specialty models are being very rapidly adopted within the region. Single-specialty ASCs have mushroomed in India to cater to the growing need for affordable and efficient ophthalmic and dermatological care.

Growth in Latin America continues to be moderate. Growth would mainly be spurred by efforts taken to improve health infrastructure and an ever-growing demand to overcome hospital surgery backlogs. Some important markets include Brazil and Mexico where the role of ASCs in creating demand for electives is critically essential.

The Middle East and Africa, even though new players in the market, are picking up a significant amount of healthcare investments and unmet demand for care to the underserved population. On this, ASC networks are emerging both in the UAE and South Africa in specific specialty areas such as orthopaedics and ophthalmology. There exist differences in infrastructure and also regulation together with the patient demographics in the various regions hence, it gives a glimpse of how diverged the dynamics are in the market for ASC.

List of Companies Profiled

• CHSPSC, LLC.
• Edward-Elmhurst Health
• Eifelhöhen-Klinik AG
• Envision Healthcare Corporation
• Healthway Medical Group
• Nexus Day Surgery Centre
• Pediatrix Medical Group
• Prospect Medical Holdings, Inc.
• SurgCenter
• Surgery Partners
• TH Medical
• UNITEDHEALTH GROUP.

Report Coverage

The report will cover the qualitative and quantitative data on the Global Ambulatory Surgical Centres Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Global Ambulatory Surgical Centres Market Regional Analysis

North America accounted for the highest Ambulatory Surgical Centres Market% market share in terms of revenue in the Ambulatory Surgical Centres Market and is expected to expand at a CAGR of Ambulatory Surgical Centres Market% during the forecast period. This growth can be attributed to the growing adoption of Ambulatory Surgical Centres Market. The market in APAC is expected to witness significant growth and is expected to register a CAGR of Ambulatory Surgical Centres Market% over upcoming years, because of the presence of key Ambulatory Surgical Centres Market companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Ambulatory Surgical Centres Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Ambulatory Surgical Centres Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions

• How much the global Ambulatory Surgical Centres Market valued?
• Which region has the largest share in 2024 for the global Ambulatory Surgical Centres Market ?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Ambulatory Surgical Centres Market

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Billion